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| Date | Value |
|---|---|
| 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% |