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

i3 Verticals' Net Margin history runs 9 years deep, the most recent figure standing at 0.17% for Q4 2025.

• On a quarterly basis, Net Margin fell 56.0% year-over-year to 0.17% in Q4 2025; TTM through Mar 2026 was 6.97%, a 4931.0% decrease from a year earlier, with the FY2025 full-year figure at 6.68%, down 9329.0% from the prior year.
• Net Margin fell to 0.17% in Q4 2025 per IIIV's latest filing, from 3.51% in the prior quarter.
• Across five years, Net Margin topped out at 217.15% in Q3 2024 and bottomed at 13.36% in Q1 2022.
• The 5-year median for Net Margin is 3.94% (2023), against an average of 15.77%.
• Across the five-year window, Net Margin jumped 19868 bps in 2024 and tumbled 21364 bps in 2025, its largest moves.
• Year by year, Net Margin stood at 4.98% in 2021, then jumped by 194 bps to 4.7% in 2022, then soared by 79 bps to 8.42% in 2023, then plunged by 95 bps to 0.38% in 2024, then tumbled by 145 bps to 0.17% in 2025.
• Per Business Quant, the three latest IIIV Net Margin figures stand at 0.17% (Q4 2025), 3.51% (Q3 2025), and 25.61% (Q2 2025).