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I3 Verticals, Inc. revenue

I3 Verticals, Inc.'s revenue was $213m in fiscal 2025, up 11.5% on the year before. Since fiscal 2016 ($200m) it has grown at a compound 0.7% a year. Over the last twelve months it was $218m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2016Sept 20162017Sept 20172018Sept 20182019Sept 20192020Sept 20202021Sept 20212022Sept 20222023Sept 20232024Sept 20242025Sept 2025LTMJun 2026
Revenue200263324376150224188190191213218
Growth on the year before—+31.5%+23.2%+16.3%−60.1%+49.3%−16.2%+1.0%+0.8%+11.5%—
Gross profit465783107123195283333———

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to September 30, 2025
Products and services
Line of business Revenue Share YoY
Licenses and services $149M 69.9% ▲ 13.0%
Proprietary Payments Revenue $54.1M 25.4% ▲ 8.0%
Other Revenue $10.1M 4.7% ▲ 8.8%

From I3 Verticals, Inc.'s 10-K filed November 21, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Application Software: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
I3 Verticals, Inc. $218m 4.1% 21.0%
C3.ai, Inc. $232m -37.5% -5.3%
Soundhound AI, Inc. $203m 54.6% 77.8%
GCL Global Holdings Ltd $239m 68.2% —
Mitek Systems Inc $198m 11.1% 4.3%
Vtex $241m 6.1% —

Compare with peers

Head to head: AI vs IIIVIIIV vs SOUNGCL vs IIIV

More: Application Software stocks compared, Technology sector, rankings of US companies

Figures from I3 Verticals, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to I3 Verticals, Inc.