i3 Verticals (IIIV) Tax Rate (2017 - 2026)
i3 Verticals (IIIV) reported Tax Rate of 17.89% for Q1 2026, down 3751.0% on a YoY basis 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 has reported Tax Rate for 10 years, with the latest figure at 17.89% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 3751.0% year-over-year to 17.89%; the trailing twelve-month figure through Mar 2026 stood at 45.46% (up 4109.0% YoY), and the FY2025 full-year result was 48.38%, up 2297.0% from the prior year.
- Tax Rate for Q1 2026 stood at 17.89%, down from 39.35% in the prior quarter.
- The five-year high for Tax Rate was 374.66% in Q3 2024, with the low at 56.33% in Q2 2024.
- Historically, Tax Rate has averaged 44.72% across 5 years, with a median of 22.52% in 2024.
- Annual changes were most pronounced in 2024 — Tax Rate surged 31869 bps — and 2025, when it tumbled 31761 bps.
- i3 Verticals' Tax Rate stood at 69.33% in 2022, then slumped by 70 bps to 20.61% in 2023, then sank by 38 bps to 12.79% in 2024, then surged by 208 bps to 39.35% in 2025, then plunged by 55 bps to 17.89% in 2026.
- The last three Tax Rate figures came in at 17.89% (Q1 2026), 39.35% (Q4 2025), and 57.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 19.22% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 23.68% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 15.74% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 1.37% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 21.31% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -6.22% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 18.58% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 18.14% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -7.01% |
| 10 | i3 Verticals | 446.07 Mn | 559.79 Mn | 40.38 Mn | 17.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.89% |
| Mar 31, 2026 | 17.89% |
| Dec 31, 2025 | 39.35% |
| Dec 31, 2025 | 39.35% |
| Sep 30, 2025 | 57.05% |
| Sep 30, 2025 | 57.05% |
| Jun 30, 2025 | 2.16% |
| Jun 30, 2025 | 2.16% |
| Mar 31, 2025 | 55.40% |
| Mar 31, 2025 | 55.40% |
| Dec 31, 2024 | 12.79% |
| Dec 31, 2024 | 12.79% |
| Sep 30, 2024 | 374.66% |
| Sep 30, 2024 | 374.66% |
| Jun 30, 2024 | -56.33% |
| Jun 30, 2024 | -56.33% |
| Mar 31, 2024 | 22.52% |
| Mar 31, 2024 | 22.52% |
| Dec 31, 2023 | 20.61% |
| Dec 31, 2023 | 20.61% |