i3 Verticals (IIIV) Tax Rate (2017 - 2026)

i3 Verticals' (IIIV) quarterly Tax Rate came in at 17.89% in Q1 2026, down 3751.0% year-on-year from 0.49% in Q1 2025, and down 54.54% quarter-over-quarter from 39.35% in Q4 2025.

i3 Verticals (IIIV) Tax Rate (2017 - 2026) Analysis & Trends

i3 Verticals' Tax Rate history runs 10 years deep, the most recent figure standing at 17.89% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 3751.0% year-over-year to 17.89% in Q1 2026; TTM through Mar 2026 was 45.46%, a 4109.0% increase from a year earlier, with the FY2025 full-year figure at 48.38%, up 2297.0% from the prior year.
  • Tax Rate slipped to 17.89% in Q1 2026 per IIIV's latest filing, from 39.35% in the prior quarter.
  • Across five years, Tax Rate topped out at 374.66% in Q3 2024 and bottomed at 56.33% in Q2 2024.
  • The 5-year median for Tax Rate is 22.52% (2024), against an average of 44.72%.
  • Across the five-year window, Tax Rate jumped 31869 bps in 2024 and tumbled 31761 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 69.33% in 2022, then sank by 70 bps to 20.61% in 2023, then plunged by 38 bps to 12.79% in 2024, then soared by 208 bps to 39.35% in 2025, then tumbled by 55 bps to 17.89% in 2026.
  • Per Business Quant, the three latest IIIV Tax Rate figures stand at 17.89% (Q1 2026), 39.35% (Q4 2025), and 57.05% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 19.22%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -12.08%
3 Oracle 344.13 Bn 312.24 Bn - -10.34%
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 1.37%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 21.31%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn -6.22%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 18.58%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -7.01%
10 i3 Verticals 465.19 Mn 458.05 Mn 40.38 Mn 17.89%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.89%
Mar 31, 2026 17.89%
Mar 31, 2026 17.89%
Dec 31, 2025 39.35%
Dec 31, 2025 39.35%
Dec 31, 2025 39.35%
Sep 30, 2025 57.05%
Sep 30, 2025 57.05%
Sep 30, 2025 57.05%
Jun 30, 2025 2.16%
Jun 30, 2025 2.16%
Jun 30, 2025 2.16%
Mar 31, 2025 55.40%
Mar 31, 2025 55.40%
Mar 31, 2025 55.40%
Dec 31, 2024 12.79%
Dec 31, 2024 12.79%
Dec 31, 2024 12.79%
Sep 30, 2024 374.66%
Sep 30, 2024 374.66%