i3 Verticals (IIIV) Gross Margin (2017 - 2026)
i3 Verticals' (IIIV) quarterly Gross Margin came in at 69.26% in Q2 2026, up 150.0% on a YoY basis from 27.7% in Q2 2025, and down 1.35% quarter-over-quarter from 70.2% in Q1 2026.
Analysis
i3 Verticals (IIIV) Gross Margin (2017 - 2026) Analysis & Trends
i3 Verticals (IIIV) has reported Gross Margin for 10 consecutive years, with 69.26% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 150.0% year-over-year to 69.26%; the trailing twelve-month figure through Jun 2026 stood at 68.49% (down 50.0% YoY), and the FY2025 full-year result was 68.76%, up 41.0% from the prior year.
- Gross Margin declined to 69.26% in Q2 2026 per IIIV's latest filing, from 70.2% in the prior quarter.
- Across five years, Gross Margin topped out at 96.12% in Q4 2022 and bottomed at 10.71% in Q3 2022.
- Historically, Gross Margin has averaged 72.0% across 5 years, with a median of 70.19% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 6449 bps in 2022, then surged 7034 bps in 2023.
- Over 5 years, Gross Margin stood at 96.12% in 2022, then declined by 22 bps to 74.68% in 2023, then decreased by 6 bps to 70.17% in 2024, then retreated by 5 bps to 66.62% in 2025, then grew by 4 bps to 69.26% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 69.26%, 70.2%, and 66.62% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oracle | 463.75 Bn | 431.85 Bn | - | - |
| 2 | Sap Se | 246.19 Bn | 224.53 Bn | 8.40 Bn | 73.17% |
| 3 | Workday | 45.65 Bn | 42.25 Bn | 2.21 Bn | 83.54% |
| 4 | Roper Technologies | 39.73 Bn | 39.36 Bn | 1.47 Bn | 69.71% |
| 5 | Fidelity National Information Services | 20.42 Bn | 19.67 Bn | 1.17 Bn | 34.76% |
| 6 | Tyler Technologies | 14.52 Bn | 13.55 Bn | 307.06 Mn | 47.60% |
| 7 | Brightstar Lottery | 2.19 Bn | 1.63 Bn | 299.00 Mn | 51.20% |
| 8 | i3 Verticals | 307.80 Mn | 305.16 Mn | 36.75 Mn | 69.26% |
| 9 | Netsol Technologies | 47.86 Mn | 29.73 Mn | 9.03 Mn | 45.03% |
| 10 | Mind Cti | 20.67 Mn | 7.21 Mn | 2.55 Mn | 55.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.26% |
| Mar 31, 2026 | 70.20% |
| Dec 31, 2025 | 66.62% |
| Sep 30, 2025 | 67.76% |
| Jun 30, 2025 | 67.76% |
| Mar 31, 2025 | 69.37% |
| Dec 31, 2024 | 70.17% |
| Sep 30, 2024 | 68.64% |
| Jun 30, 2024 | 66.90% |
| Mar 31, 2024 | 73.79% |
| Dec 31, 2023 | 74.68% |
| Sep 30, 2023 | 81.05% |
| Jun 30, 2023 | 93.11% |
| Mar 31, 2023 | 95.75% |
| Dec 31, 2022 | 96.12% |
| Sep 30, 2022 | 10.71% |
| Jun 30, 2022 | 75.48% |
| Mar 31, 2022 | 78.71% |
| Dec 31, 2021 | 77.67% |
| Sep 30, 2021 | 75.20% |