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i3 Verticals (IIIV) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2023-09-30$370.24M16.48%
2022-09-30$317.86M41.82%
2021-09-30$224.12M49.28%
2020-09-30$150.13M-60.10%
2019-09-30$376.31M16.32%
2018-09-30$323.51M23.21%
2017-09-30$262.57M31.52%
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

DateRevenueChange
2024-06-30$56.04M-40.73%
2024-03-31$94.54M2.77%
2023-12-31$91.99M-4.58%
2023-09-30$96.41M2.64%
2023-06-30$93.93M0.06%
2023-03-31$93.87M9.12%
2022-12-31$86.03M0.91%
2022-09-30$85.25M5.83%
2022-06-30$80.55M3.11%
2022-03-31$78.12M5.65%
2021-12-31$73.94M10.07%
2021-09-30$67.18M8.41%
2021-06-30$61.96M29.46%
2021-03-31$47.86M10.50%
2020-12-31$43.31M13.17%
2020-09-30$38.27M21.22%
2020-06-30$31.57M-19.41%
2020-03-31$39.18M-4.70%
2019-12-31$41.11M-62.13%
2019-09-30$108.56M11.37%
2019-06-30$97.48M14.16%
2019-03-31$85.39M0.62%
2018-12-31$84.87M0.97%
2018-09-30$84.05M-0.57%
2018-06-30$84.54M8.80%
2018-03-31$77.70M0.62%
2017-12-31$77.22M7.58%
2017-09-30$71.78M8.22%
2017-06-30$66.33M6.41%
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/ServiceSep 23Sep 22Sep 21Sep 20Sep 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/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 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

TickerCompanyLast Year RevenueLast Quarter Revenue
EVTCEVERTEC$694.71B$628.67B
FLYWFlywire$403.09B$156.81M
EEFTEuronet Worldwide$3.69B$1.10B
CSGSCSG Systems$1.17B$295.14M
NTCTNetScout Systems$829.46M$191.11M
STERSterling Check$719.64M$200.53M
EVCMEverCommerce$675.37M$176.26M
IIIVi3 Verticals$370.24M$56.04M
CCSIConsensus Cloud Solutions$362.56M$87.75M
ESMTEngageSmart$303.92M$97.73M
BASECouchbase$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.