Growth Metrics

i3 Verticals (IIIV) Gross Margin (2017 - 2025)

i3 Verticals (IIIV) has 9 years of Gross Margin data on record, last reported at 66.62% in Q4 2025.

  • For Q4 2025, Gross Margin fell 355.0% year-over-year to 66.62%; the TTM value through Dec 2025 reached 67.89%, down 499.0%, while the annual FY2025 figure was 91.7%, 2334.0% up from the prior year.
  • Gross Margin reached 66.62% in Q4 2025 per IIIV's latest filing, down from 67.76% in the prior quarter.
  • Across five years, Gross Margin topped out at 151.74% in Q3 2023 and bottomed at 748.13% in Q1 2021.
  • Average Gross Margin over 5 years is 35.17%, with a median of 74.61% recorded in 2023.
  • Peak YoY movement for Gross Margin: tumbled -81761bps in 2021, then skyrocketed 82684bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 77.67% in 2021, then rose by 24bps to 96.12% in 2022, then dropped by -22bps to 74.68% in 2023, then dropped by -6bps to 70.17% in 2024, then fell by -5bps to 66.62% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 66.62% in Q4 2025, 67.76% in Q3 2025, and 61.07% in Q2 2025.