i3 Verticals (IIIV) Net Margin (2017 - 2025)
i3 Verticals (IIIV) posted Net Margin of 0.26% for Q4 2025, down 107.47% quarter-over-quarter from 3.51% in Q3 2025, and down 65.0% year-on-year from 0.75% in Q4 2024.
i3 Verticals (IIIV) Net Margin (2017 - 2025) Analysis & Trends
i3 Verticals (IIIV) has reported Net Margin for 9 consecutive years, with 0.26% the latest figure, recorded in Q4 2025.
- Net Margin for Q4 2025 came in at 0.26%, down 65.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.95% (down 4933.0% YoY), and the FY2025 annual result was 6.68%, down 9329.0% from the prior year.
- Net Margin was 0.26% for Q4 2025 at i3 Verticals, down from 3.51% in the prior quarter.
- Over five years, Net Margin peaked at 217.15% in Q3 2024 and troughed at 13.36% in Q1 2022.
- Average Net Margin over 5 years is 15.76%, with a median of 3.94% recorded in 2023.
- Year-over-year, Net Margin jumped 19868 bps in 2024 and sank 21364 bps in 2025.
- Over 5 years, Net Margin stood at 4.98% in 2021, then soared by 194 bps to 4.7% in 2022, then surged by 79 bps to 8.42% in 2023, then plunged by 95 bps to 0.38% in 2024, then plunged by 168 bps to 0.26% in 2025.
- Per Business Quant data, the three most recent Net Margin figures were 0.26% in Q4 2025, 3.51% in Q3 2025, and 25.61% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 38.34% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 22.44% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 53.68% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 16.65% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 4.71% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 28.90% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -3.58% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 2.69% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -5.10% |
| 10 | i3 Verticals | 478.92 Mn | 592.63 Mn | 40.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.26% |
| Sep 30, 2025 | 3.51% |
| Jun 30, 2025 | 25.61% |
| Mar 31, 2025 | -2.17% |
| Dec 31, 2024 | 0.38% |
| Sep 30, 2024 | 217.15% |
| Jun 30, 2024 | 9.21% |
| Mar 31, 2024 | 6.66% |
| Dec 31, 2023 | 8.42% |
| Sep 30, 2023 | 18.47% |
| Jun 30, 2023 | 5.04% |
| Mar 31, 2023 | 4.38% |
| Dec 31, 2022 | 4.70% |
| Sep 30, 2022 | 45.14% |
| Jun 30, 2022 | -5.82% |
| Mar 31, 2022 | -13.36% |
| Dec 31, 2021 | -4.98% |
| Sep 30, 2021 | -2.90% |
| Jun 30, 2021 | -6.65% |
| Mar 31, 2021 | 2.70% |