i3 Verticals (IIIV) Operating Expenses (2017 - 2026)

i3 Verticals (IIIV) has reported Operating Expenses for 10 consecutive years, with $53.8 million the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $53.8 million, up 9.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $215.0 million (up 10.44% YoY), and the FY2025 annual result was $209.4 million, up 12.04% from the prior year.
• Operating Expenses was $53.8 million for Q1 2026 at i3 Verticals, up from $51.1 million in the prior quarter.
• Over five years, Operating Expenses peaked at $88.4 million in Q1 2023 and troughed at -$31.4 million in Q3 2022.
• Average Operating Expenses over 5 years is $53.3 million, with a median of $53.6 million recorded in 2023.
• Year-over-year, Operating Expenses plunged 147.16% in 2022 and soared 167.33% in 2023.
• Over 5 years, Operating Expenses stood at $80.2 million in 2022, then tumbled by 33.2% to $53.6 million in 2023, then declined by 6.35% to $50.2 million in 2024, then climbed by 1.78% to $51.1 million in 2025, then advanced by 5.31% to $53.8 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $53.8 million in Q1 2026, $51.1 million in Q4 2025, and $53.4 million in Q3 2025.