i3 Verticals (IIIV) Tax Rate (2017 - 2026)
i3 Verticals' Tax Rate came in at 18.26% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 16.10 percentage points from 2.16% a year earlier and up 0.37 percentage points from the prior quarter.
i3 Verticals (IIIV) Tax Rate (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, i3 Verticals reported Tax Rate of 29.64%, up 134.77 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 48.38%, up 22.97 percentage points from FY2024.
- Tax Rate has increased in each of the last four fiscal years, though with a five-year change of -25.68 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Tax Rate was 25.42% in FY2024 (+13.03 pp), 12.39% in FY2023 (+12.78 pp), -0.39% in FY2022 (+8.24 pp) and -8.63% in FY2021 (-82.69 pp).
- The five-year range for quarterly Tax Rate is -56.33% (fiscal Q3 2024) to 374.66% (fiscal Q4 2024).
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +11.22 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q4 2024 (a gain of 318.69 percentage points), and the weakest in fiscal Q4 2025 (a drop of 317.61 percentage points).
- Business Quant data shows IIIV's Tax Rate at 17.89% (Q2 2026), 39.35% (Q1 2026) and 57.05% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 449.46 Bn | 418.52 Bn | 1.64 Bn | 1.42% |
| 2 | Oracle | 415.29 Bn | 287.84 Bn | - | 15.11% |
| 3 | Sap Se | 256.30 Bn | 177.39 Bn | 8.40 Bn | - |
| 4 | Salesforce | 188.94 Bn | 144.82 Bn | 8.70 Bn | 22.54% |
| 5 | ServiceNow | 138.57 Bn | 117.03 Bn | 2.82 Bn | 31.96% |
| 6 | Automatic Data Processing | 102.66 Bn | 84.78 Bn | 2.51 Bn | 22.20% |
| 7 | Intuit | 74.00 Bn | 53.35 Bn | 3.44 Bn | 32.78% |
| 8 | Relx | 60.34 Bn | 57.31 Bn | - | - |
| 9 | Strategy | 53.88 Bn | 46.87 Bn | 81.55 Mn | - |
| 10 | i3 Verticals | 367.94 Mn | 373.74 Mn | - | 18.26% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.26% |
| Mar 31, 2026 | 17.89% |
| Dec 31, 2025 | 39.35% |
| Sep 30, 2025 | 57.05% |
| Mar 31, 2025 | 55.40% |
| Dec 31, 2024 | 12.79% |
| Dec 31, 2022 | 69.33% |
| Dec 31, 2019 | 7.15% |
| Dec 31, 2018 | 10.13% |
| Jun 30, 2018 | 1,870.27% |
| Sep 30, 2017 | 16.52% |
| Jun 30, 2017 | 16.16% |
i3 Verticals Tax Rate 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=tax-rate&ticker=IIIV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=IIIV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();