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

i3 Verticals (IIIV) has reported Operating Expenses for 10 consecutive years, with $54.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses fell 4.86% year-over-year to $54.0 million; the trailing twelve-month figure through Jun 2026 stood at $212.2 million (up 4.1% YoY), and the FY2025 full-year result was $209.4 million, up 12.04% from the prior year.
• Operating Expenses steadied at $54.0 million in Q2 2026 per IIIV's latest filing, from $53.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $88.4 million in Q1 2023 and bottomed at -$31.4 million in Q3 2022.
• Historically, Operating Expenses has averaged $53.4 million across 5 years, with a median of $53.7 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses tumbled 147.16% in 2022, then surged 167.33% in 2023.
• Over 5 years, Operating Expenses stood at $80.2 million in 2022, then slumped by 33.2% to $53.6 million in 2023, then dropped by 6.35% to $50.2 million in 2024, then advanced by 1.78% to $51.1 million in 2025, then advanced by 5.67% to $54.0 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $54.0 million, $53.8 million, and $51.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.