i3 Verticals (IIIV) Operating Margin (2017 - 2026)
i3 Verticals' Operating Margin came in at -1.68% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 7.59 percentage points from -9.27% a year earlier but down 8.19 percentage points from the prior quarter.
i3 Verticals (IIIV) Operating Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, i3 Verticals reported Operating Margin of 2.72%, unchanged year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 1.77%, down 0.51 percentage points from FY2024.
- Operating Margin carries a five-year change of -3.41 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Operating Margin was 2.28% in FY2024 (+4.60 pp), -2.33% in FY2023 (+10.00 pp), -12.33% in FY2022 (-12.32 pp) and -0.01% in FY2021 (-5.18 pp).
- The five-year range for quarterly Operating Margin is -9.27% (fiscal Q3 2025) to 9.35% (fiscal Q2 2025).
- Year-over-year, Operating Margin increased in four of the last eight quarters, with an average year-over-year change of +0.46 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in fiscal Q2 2023 (a gain of 8.24 percentage points), and the weakest in fiscal Q2 2022 (a drop of 10.34 percentage points).
- Business Quant data shows IIIV's Operating Margin at 6.51% (Q2 2026), 3.05% (Q1 2026) and 2.69% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 47.12% |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 34.78% |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 26.76% |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 20.55% |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 4.06% |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | -33.33% |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 10.91% |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | -6,808.11% |
| 10 | i3 Verticals | 383.65 Mn | 389.44 Mn | - | -1.68% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.68% |
| Mar 31, 2026 | 6.51% |
| Dec 31, 2025 | 3.05% |
| Sep 30, 2025 | 2.69% |
| Jun 30, 2025 | -9.27% |
| Mar 31, 2025 | 9.35% |
| Dec 31, 2024 | 3.93% |
| Sep 30, 2024 | 6.65% |
| Jun 30, 2024 | -2.84% |
| Mar 31, 2024 | 3.41% |
| Dec 31, 2023 | 0.50% |
| Sep 30, 2023 | 5.83% |
| Jun 30, 2023 | -7.99% |
| Mar 31, 2023 | 0.33% |
| Dec 31, 2022 | -0.65% |
| Jun 30, 2022 | -3.39% |
| Mar 31, 2022 | -7.91% |
| Dec 31, 2021 | -1.02% |
| Sep 30, 2021 | 0.93% |
| Jun 30, 2021 | -1.32% |
i3 Verticals Operating Margin 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-margin&ticker=IIIV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=IIIV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();