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
DateValue
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%