i3 Verticals (IIIV) Operating Leases (2020 - 2026)

i3 Verticals' (IIIV) quarterly Operating Leases came in at $2.8 million in Q1 2026, down 40.14% year-on-year from $4.7 million in Q1 2025, and down 38.53% quarter-over-quarter from $4.6 million in Q4 2025.

i3 Verticals (IIIV) Operating Leases (2020 - 2026) Analysis & Trends

i3 Verticals' Operating Leases history runs 7 years deep, the most recent figure standing at $2.8 million for Q1 2026.

  • On a quarterly basis, Operating Leases fell 40.14% year-over-year to $2.8 million in Q1 2026; TTM through Mar 2026 was $2.8 million, a 40.14% decrease from a year earlier, with the FY2025 full-year figure at $3.0 million, down 39.39% from the prior year.
  • Operating Leases fell to $2.8 million in Q1 2026 per IIIV's latest filing, from $4.6 million in the prior quarter.
  • Across five years, Operating Leases topped out at $19.6 million in Q2 2022 and bottomed at $2.8 million in Q1 2026.
  • The 5-year median for Operating Leases is $10.4 million (2024), against an average of $10.1 million.
  • Across the five-year window, Operating Leases grew 29.82% in 2022 and plunged 67.71% in 2025, its largest moves.
  • Year by year, Operating Leases stood at $18.1 million in 2022, then decreased by 24.41% to $13.7 million in 2023, then tumbled by 60.44% to $5.4 million in 2024, then declined by 15.23% to $4.6 million in 2025, then slumped by 38.53% to $2.8 million in 2026.
  • Per Business Quant, the three latest IIIV Operating Leases figures stand at $2.8 million (Q1 2026), $4.6 million (Q4 2025), and $3.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn
3 Oracle 344.13 Bn 312.24 Bn -
4 Repay Holdings 342.29 Bn 342.15 Bn -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn
10 i3 Verticals 465.19 Mn 458.05 Mn 40.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.83 Mn
Dec 31, 2025 4.60 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 10.43 Mn
Mar 31, 2024 13.78 Mn
Dec 31, 2023 13.71 Mn
Sep 30, 2023 8.97 Mn
Jun 30, 2023 11.28 Mn
Mar 31, 2023 16.39 Mn
Dec 31, 2022 18.14 Mn
Sep 30, 2022 13.99 Mn
Jun 30, 2022 19.65 Mn
Mar 31, 2022 16.02 Mn
Dec 31, 2021 21.06 Mn
Sep 30, 2021 11.96 Mn
Jun 30, 2021 15.13 Mn