Growth Metrics

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

Historic Operating Expenses for i3 Verticals (IIIV) over the last 9 years, with Q4 2025 value amounting to $51.1 million.

  • i3 Verticals' Operating Expenses rose 178.2% to $51.1 million in Q4 2025 from the same period last year, while for Dec 2025 it was $220.3 million, marking a year-over-year increase of 956.95%. This contributed to the annual value of $209.4 million for FY2025, which is 1204.21% up from last year.
  • i3 Verticals' Operating Expenses amounted to $51.1 million in Q4 2025, which was up 178.2% from $53.4 million recorded in Q3 2025.
  • i3 Verticals' 5-year Operating Expenses high stood at $88.4 million for Q1 2023, and its period low was -$31.4 million during Q3 2022.
  • Moreover, its 5-year median value for Operating Expenses was $56.1 million (2024), whereas its average is $55.8 million.
  • Per our database at Business Quant, i3 Verticals' Operating Expenses tumbled by 14715.55% in 2022 and then surged by 16733.16% in 2023.
  • Over the past 5 years, i3 Verticals' Operating Expenses (Quarter) 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 decreased by 6.35% to $50.2 million in 2024, then rose by 1.78% to $51.1 million in 2025.
  • Its Operating Expenses was $51.1 million in Q4 2025, compared to $53.4 million in Q3 2025 and $56.7 million in Q2 2025.