i3 Verticals (IIIV) Operating Leases (2020 - 2026)
i3 Verticals' Operating Leases was $2.69 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 20.1% from $3.37 million a year earlier and down 4.8% from the prior quarter.
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Analysis
i3 Verticals (IIIV) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Operating Leases at i3 Verticals came in at $2.96 million, down 39.4% from FY2024.
- Operating Leases has now declined for three consecutive fiscal years, with a four-year compound annual growth rate of -29.4% (FY2021 to FY2025).
- In earlier fiscal years, Operating Leases was $4.89 million in FY2024 (-45.5%), $8.97 million in FY2023 (-35.9%), $13.99 million in FY2022 (+17.0%) and $11.96 million in FY2021.
- The fiscal Q3 2026 figure marks the lowest quarterly Operating Leases in data going back to fiscal Q1 2021.
- Compared with a year earlier, Operating Leases has declined for 15 straight quarters, with an average decline of 42.2% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was fiscal Q1 2022 (growth of 99.6%); the worst was fiscal Q3 2025 (a decline of 51.5%).
- Per Business Quant data, IIIV's Operating Leases in the three fiscal quarters before Q3 2026 was $2.83 million (Q2 2026), $2.79 million (Q1 2026) and $2.96 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn |
| 10 | i3 Verticals | 383.65 Mn | 389.44 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.69 Mn |
| Mar 31, 2026 | 2.83 Mn |
| Dec 31, 2025 | 2.79 Mn |
| Sep 30, 2025 | 2.96 Mn |
| Jun 30, 2025 | 3.37 Mn |
| Mar 31, 2025 | 4.72 Mn |
| Dec 31, 2024 | 5.42 Mn |
| Sep 30, 2024 | 4.89 Mn |
| Jun 30, 2024 | 6.95 Mn |
| Mar 31, 2024 | 9.36 Mn |
| Dec 31, 2023 | 9.42 Mn |
| Sep 30, 2023 | 8.97 Mn |
| Jun 30, 2023 | 11.28 Mn |
| Mar 31, 2023 | 11.76 Mn |
| Dec 31, 2022 | 13.41 Mn |
| Sep 30, 2022 | 13.99 Mn |
| Jun 30, 2022 | 15.02 Mn |
| Mar 31, 2022 | 16.02 Mn |
| Dec 31, 2021 | 16.59 Mn |
| Sep 30, 2021 | 11.96 Mn |
API Access
i3 Verticals Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=IIIV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "IIIV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=IIIV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();