i3 Verticals (IIIV) Revenue & Revenue Breakdown
i3 Verticals Revenue Highlights
Latest Revenue (Y)
$370.24M
Latest Revenue (Q)
$56.04M
Main Segment (Y)
Software And Services
i3 Verticals Revenue by Period
i3 Verticals Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-09-30 | $370.24M | 16.48% |
| 2022-09-30 | $317.86M | 41.82% |
| 2021-09-30 | $224.12M | 49.28% |
| 2020-09-30 | $150.13M | -60.10% |
| 2019-09-30 | $376.31M | 16.32% |
| 2018-09-30 | $323.51M | 23.21% |
| 2017-09-30 | $262.57M | 31.52% |
| 2016-09-30 | $199.64M | - |
i3 Verticals generated $370.24M in revenue during NA 2023, up 16.48% compared to the previous quarter, and up 114.45% compared to the same period a year ago.
i3 Verticals Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $56.04M | -40.73% |
| 2024-03-31 | $94.54M | 2.77% |
| 2023-12-31 | $91.99M | -4.58% |
| 2023-09-30 | $96.41M | 2.64% |
| 2023-06-30 | $93.93M | 0.06% |
| 2023-03-31 | $93.87M | 9.12% |
| 2022-12-31 | $86.03M | 0.91% |
| 2022-09-30 | $85.25M | 5.83% |
| 2022-06-30 | $80.55M | 3.11% |
| 2022-03-31 | $78.12M | 5.65% |
| 2021-12-31 | $73.94M | 10.07% |
| 2021-09-30 | $67.18M | 8.41% |
| 2021-06-30 | $61.96M | 29.46% |
| 2021-03-31 | $47.86M | 10.50% |
| 2020-12-31 | $43.31M | 13.17% |
| 2020-09-30 | $38.27M | 21.22% |
| 2020-06-30 | $31.57M | -19.41% |
| 2020-03-31 | $39.18M | -4.70% |
| 2019-12-31 | $41.11M | -62.13% |
| 2019-09-30 | $108.56M | 11.37% |
| 2019-06-30 | $97.48M | 14.16% |
| 2019-03-31 | $85.39M | 0.62% |
| 2018-12-31 | $84.87M | 0.97% |
| 2018-09-30 | $84.05M | -0.57% |
| 2018-06-30 | $84.54M | 8.80% |
| 2018-03-31 | $77.70M | 0.62% |
| 2017-12-31 | $77.22M | 7.58% |
| 2017-09-30 | $71.78M | 8.22% |
| 2017-06-30 | $66.33M | 6.41% |
| 2016-12-31 | $62.33M | - |
i3 Verticals generated $56.04M in revenue during Q3 2024, up -40.73% compared to the previous quarter, and up 59.70% compared to the same period a year ago.
i3 Verticals Revenue Breakdown
i3 Verticals Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Sep 23 | Sep 22 | Sep 21 | Sep 20 | Sep 19 |
|---|---|---|---|---|---|
| Corporate and Other | $-29.00K | $-8.00K | $-2.10M | $-1.77M | - |
| Software And Services | $232.97M | $40.95M | - | - | - |
| Merchant Services | $137.34M | $103.51M | $92.33M | $100.95M | $336.80M |
| Proprietary Owned Software | - | - | $29.45M | $50.95M | $39.51M |
i3 Verticals's latest annual revenue breakdown by segment (product or service), as of Sep 23: Software And Services (62.92%), Merchant Services (37.09%), and Corporate and Other (-0.01%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payments Revenue | $44.43M | $43.99M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| License and Service | $45.66M | $43.62M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Revenue | $4.45M | $4.37M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Corporate and Other | - | - | - | $-4.00K | $-10.00K | $-8.00K | $21.00K | $-11.00K | $-14.00K | $-4.00K | $-459.00K | $-542.00K | $-668.00K | $-433.00K | $-410.00K | $-412.00K | $-531.00K | $-410.00K | - | - |
| Merchant Services | - | - | $52.37M | $29.73M | $27.63M | $27.61M | $28.14M | $27.14M | $23.93M | $24.30M | $25.27M | $25.00M | $21.52M | $21.54M | $94.96M | - | - | - | - | - |
| Software And Services | - | - | $193.67M | $12.26M | $14.29M | $12.75M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Proprietary Owned Software | - | - | - | - | - | - | - | $9.56M | $10.62M | $9.17M | $8.70M | $7.77M | $7.49M | $18.78M | $3.98M | $3.00M | $14.69M | $14.06M | $13.60M | $10.22M |
| MerchantServicesMember | - | - | - | - | - | - | - | - | - | - | - | - | - | $24.97M | $18.06M | $25.02M | $27.46M | $87.26M | - | - |
i3 Verticals's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: License and Service (48.29%), Payments Revenue (47.00%), and Other Revenue (4.71%).
i3 Verticals Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EVTC | EVERTEC | $694.71B | $211.98B |
| FLYW | Flywire | $403.09B | $103.68M |
| EEFT | Euronet Worldwide | $3.69B | $986.20M |
| CSGS | CSG Systems | $1.17B | $295.13M |
| NTCT | NetScout Systems | $829.46M | $174.56M |
| STER | Sterling Check | $719.64M | $200.53M |
| EVCM | EverCommerce | $675.37M | $177.39M |
| IIIV | i3 Verticals | $370.24M | $56.04M |
| CCSI | Consensus Cloud Solutions | $362.56M | $87.50M |
| ESMT | EngageSmart | $303.92M | $97.73M |
| BASE | Couchbase | $180.04M | $51.59M |
IIIV Revenue FAQ
What is i3 Verticals’s yearly revenue?
i3 Verticals's yearly revenue for 2023 was $370.24M, representing an increase of 16.48% compared to 2022. The company's yearly revenue for 2022 was $317.86M, representing an increase of 41.82% compared to 2021. IIIV's yearly revenue for 2021 was $224.12M, representing an increase of 49.28% compared to 2020.
What is i3 Verticals’s quarterly revenue?
i3 Verticals's quarterly revenue for Q3 2024 was $56.04M, a -40.73% decrease from the previous quarter (Q2 2024), and a -40.34% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $94.54M, a 2.77% increase from the previous quarter (Q1 2024), and a 0.71% increase year-over-year (Q2 2023). IIIV's quarterly revenue for Q1 2024 was $91.99M, a -4.58% decrease from the previous quarter (Q4 2023), and a 6.93% increase year-over-year (Q1 2023).
What is i3 Verticals’s revenue growth rate?
i3 Verticals's revenue growth rate for the last 3 years (2021-2023) was 65.19%, and for the last 5 years (2019-2023) was -1.61%.
What are i3 Verticals’s revenue streams?
i3 Verticals's revenue streams in p 23 are Corporate and Other, Software And Services, and Merchant Services. Corporate and Other generated $-29K in revenue, accounting -0.01% of the company's total revenue, up 262.50% year-over-year. Software And Services generated $232.97M in revenue, accounting 62.92% of the company's total revenue, up 468.89% year-over-year. Merchant Services generated $137.34M in revenue, accounting 37.09% of the company's total revenue, up 32.69% year-over-year.
What is i3 Verticals’s main source of revenue?
For the fiscal year ending Sep 23, the largest source of revenue of i3 Verticals was Software And Services. This segment made a revenue of $232.97M, representing 62.92% of the company's total revenue.