Growth Metrics

i3 Verticals (IIIV) Operating Expenses (2017 - 2025)

Historic Operating Expenses for i3 Verticals (IIIV) over the last 9 years, with Q3 2025 value amounting to $53.4 million.

  • i3 Verticals' Operating Expenses rose 1150.42% to $53.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $228.2 million, marking a year-over-year increase of 1162.54%. This contributed to the annual value of $209.4 million for FY2025, which is 1204.21% up from last year.
  • As of Q3 2025, i3 Verticals' Operating Expenses stood at $53.4 million, which was up 1150.42% from $56.7 million recorded in Q2 2025.
  • Over the past 5 years, i3 Verticals' Operating Expenses peaked at $88.4 million during Q1 2023, and registered a low of -$31.4 million during Q3 2022.
  • In the last 5 years, i3 Verticals' Operating Expenses had a median value of $59.0 million in 2024 and averaged $56.5 million.
  • Its Operating Expenses has fluctuated over the past 5 years, first tumbled by 14715.55% in 2022, then surged by 16733.16% in 2023.
  • Quarter analysis of 5 years shows i3 Verticals' Operating Expenses stood at $74.7 million in 2021, then increased by 7.36% to $80.2 million in 2022, then plummeted by 33.2% to $53.6 million in 2023, then rose by 10.12% to $59.0 million in 2024, then dropped by 9.44% to $53.4 million in 2025.
  • Its Operating Expenses was $53.4 million in Q3 2025, compared to $56.7 million in Q2 2025 and $59.1 million in Q1 2025.