i3 Verticals (IIIV) Invested Capital (2017 - 2026)
i3 Verticals (IIIV) reported Invested Capital of $398.4 million for Q1 2026, down 24.21% on a YoY basis from $525.7 million in Q1 2025, and down 17.58% quarter-over-quarter from $483.3 million in Q4 2025.
i3 Verticals (IIIV) Invested Capital (2017 - 2026) Analysis & Trends
i3 Verticals has reported Invested Capital for 10 years, with the latest figure at $398.4 million in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital fell 24.21% year-over-year to $398.4 million; the trailing twelve-month figure through Mar 2026 stood at $398.4 million (down 24.21% YoY), and the FY2025 full-year result was $389.6 million, down 28.07% from the prior year.
- Invested Capital for Q1 2026 stood at $398.4 million, down from $483.3 million in the prior quarter.
- The five-year high for Invested Capital was $720.0 million in Q2 2024, with the low at $383.3 million in Q2 2025.
- Historically, Invested Capital has averaged $586.8 million across 5 years, with a median of $594.7 million in 2022.
- Annual changes were most pronounced in 2022 — Invested Capital advanced 24.43% — and 2025, when it tumbled 46.77%.
- i3 Verticals' Invested Capital stood at $680.7 million in 2022, then grew by 5.14% to $715.7 million in 2023, then retreated by 24.92% to $537.4 million in 2024, then declined by 10.05% to $483.3 million in 2025, then dropped by 17.58% to $398.4 million in 2026.
- The last three Invested Capital figures came in at $398.4 million (Q1 2026), $483.3 million (Q4 2025), and $389.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 423.21 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 38.50 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 8.45 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 9.39 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.43 Bn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 989.70 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 40.59 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 2.82 Bn |
| 10 | i3 Verticals | 446.07 Mn | 559.79 Mn | 40.38 Mn | 398.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 398.38 Mn |
| Dec 31, 2025 | 483.34 Mn |
| Sep 30, 2025 | 389.58 Mn |
| Jun 30, 2025 | 383.30 Mn |
| Mar 31, 2025 | 525.66 Mn |
| Dec 31, 2024 | 537.36 Mn |
| Sep 30, 2024 | 541.58 Mn |
| Jun 30, 2024 | 720.03 Mn |
| Mar 31, 2024 | 715.72 Mn |
| Dec 31, 2023 | 715.68 Mn |
| Sep 30, 2023 | 716.30 Mn |
| Jun 30, 2023 | 702.51 Mn |
| Mar 31, 2023 | 697.28 Mn |
| Dec 31, 2022 | 680.66 Mn |
| Sep 30, 2022 | 594.71 Mn |
| Jun 30, 2022 | 598.42 Mn |
| Mar 31, 2022 | 574.88 Mn |
| Dec 31, 2021 | 550.18 Mn |
| Sep 30, 2021 | 490.20 Mn |
| Jun 30, 2021 | 497.44 Mn |