Growth Metrics

i3 Verticals (IIIV) Operating Expenses: 2016-2025

Historic Operating Expenses for i3 Verticals (IIIV) over the last 10 years, with Sep 2025 value amounting to $209.4 million.

  • i3 Verticals' Operating Expenses rose 11.50% 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 11.63%. This contributed to the annual value of $209.4 million for FY2025, which is 12.04% up from last year.
  • Latest data reveals that i3 Verticals reported Operating Expenses of $209.4 million as of FY2025, which was up 12.04% from $186.9 million recorded in FY2024.
  • In the past 5 years, i3 Verticals' Operating Expenses registered a high of $224.1 million during FY2021, and its lowest value of $186.9 million during FY2024.
  • For the 3-year period, i3 Verticals' Operating Expenses averaged around $196.8 million, with its median value being $194.1 million (2023).
  • Its Operating Expenses has fluctuated over the past 5 years, first surged by 57.44% in 2021, then dropped by 7.97% in 2023.
  • Yearly analysis of 5 years shows i3 Verticals' Operating Expenses stood at $224.1 million in 2021, then decreased by 5.91% to $210.9 million in 2022, then dropped by 7.97% to $194.1 million in 2023, then fell by 3.72% to $186.9 million in 2024, then grew by 12.04% to $209.4 million in 2025.