i3 Verticals (IIIV) Net Margin (2017 - 2026)
i3 Verticals (IIIV) posted quarterly Net Margin of 0.17% for Q4 2025, down 56.0% year-over-year from 0.4% in Q4 2024, and down 104.98% quarter-over-quarter from 3.51% in Q3 2025.
i3 Verticals (IIIV) Net Margin (2017 - 2026) Analysis & Trends
i3 Verticals' Net Margin history runs 9 years deep, the most recent figure standing at 0.17% for Q4 2025.
- In Q4 2025, Net Margin fell 56.0% year-over-year to 0.17%; the TTM figure through Mar 2026 stood at 6.97% (down 4931.0% YoY), while the FY2025 annual figure was 6.68%, down 9329.0% from the prior year.
- Net Margin for Q4 2025 stood at 0.17%, down from 3.51% in the prior quarter.
- The five-year high for Net Margin was 217.15% in Q3 2024, with the low at 13.36% in Q1 2022.
- The 5-year median for Net Margin is 3.94% (2023), against an average of 15.77%.
- The sharpest annual moves came in 2024 and 2025: Net Margin jumped 19868 bps in 2024, then slumped 21364 bps in 2025.
- i3 Verticals' 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 sank by 95 bps to 0.38% in 2024, then plunged by 145 bps to 0.17% in 2025.
- Business Quant data shows IIIV's Net Margin at 0.17% 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 | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 36.78% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 55.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 30.88% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -5.90% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 29.55% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -24.42% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 2.69% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -24.31% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 1.32% |
| 10 | i3 Verticals | 314.99 Mn | 312.34 Mn | 36.75 Mn | -0.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.41% |
| Dec 31, 2025 | -0.17% |
| 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% |