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

i3 Verticals has reported Operating Margin for 10 years, with the latest figure at 6.51% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin fell 284.0% year-over-year to 6.51%; the trailing twelve-month figure through Mar 2026 stood at 0.93% (down 359.0% YoY), and the FY2025 full-year result was 1.77%, down 51.0% from the prior year.
• Operating Margin for Q1 2026 stood at 6.51%, up from 3.05% in the prior quarter.
• The five-year high for Operating Margin was 30.04% in Q3 2022, with the low at 9.27% in Q2 2025.
• Historically, Operating Margin has averaged 2.37% across 5 years, with a median of 2.69% in 2025.
• Annual changes were most pronounced in 2022 — Operating Margin soared 2911 bps — and 2023, when it slumped 2422 bps.
• i3 Verticals' Operating Margin stood at 0.65% in 2022, then surged by 177 bps to 0.5% in 2023, then surged by 684 bps to 3.93% in 2024, then dropped by 22 bps to 3.05% in 2025, then jumped by 113 bps to 6.51% in 2026.
• The last three Operating Margin figures came in at 6.51% (Q1 2026), 3.05% (Q4 2025), and 2.69% (Q3 2025), per Business Quant data.