i3 Verticals (IIIV) Operating Leases (2020 - 2026)
i3 Verticals (IIIV) reported Operating Leases of $4.6 million for Q1 2026, down 2.31% on a YoY basis from $4.7 million in Q1 2025, and little changed quarter-over-quarter from $4.6 million in Q4 2025.
i3 Verticals (IIIV) Operating Leases (2020 - 2026) Analysis & Trends
i3 Verticals has reported Operating Leases for 7 years, with the latest figure at $4.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases fell 2.31% year-over-year to $4.6 million; the trailing twelve-month figure through Mar 2026 stood at $4.6 million (down 2.31% YoY), and the FY2025 full-year result was $3.0 million, down 39.39% from the prior year.
- Operating Leases for Q1 2026 stood at $4.6 million, roughly flat from $4.6 million in the prior quarter.
- The five-year high for Operating Leases was $16.4 million in Q1 2023, with the low at $3.0 million in Q3 2025.
- Historically, Operating Leases has averaged $9.7 million across 5 years, with a median of $9.4 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Leases grew 29.41% — and 2025, when it slumped 49.57%.
- i3 Verticals' Operating Leases stood at $13.4 million in 2022, then slipped by 29.79% to $9.4 million in 2023, then fell by 6.89% to $8.8 million in 2024, then tumbled by 47.57% to $4.6 million in 2025, then rose by 0.33% to $4.6 million in 2026.
- The last three Operating Leases figures came in at $4.6 million (Q1 2026), $4.6 million (Q4 2025), and $3.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn |
| 10 | i3 Verticals | 446.07 Mn | 559.79 Mn | 40.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.61 Mn |
| Dec 31, 2025 | 4.60 Mn |
| Sep 30, 2025 | 2.96 Mn |
| Jun 30, 2025 | 5.39 Mn |
| Mar 31, 2025 | 4.72 Mn |
| Dec 31, 2024 | 8.77 Mn |
| Sep 30, 2024 | 4.89 Mn |
| Jun 30, 2024 | 10.43 Mn |
| Mar 31, 2024 | 9.36 Mn |
| Dec 31, 2023 | 9.42 Mn |
| Sep 30, 2023 | 8.97 Mn |
| Jun 30, 2023 | 15.88 Mn |
| Mar 31, 2023 | 16.39 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 | 21.06 Mn |
| Sep 30, 2021 | 11.96 Mn |
| Jun 30, 2021 | 11.95 Mn |