i3 Verticals, Inc. (IIIV) i3 Verticals, Inc. (IIIV) delivers comprehensive payment and software solutions, catering to the operational needs of small and medium-sized businesses, as well as various organizations within the education, non-profit, public sector, and healthcare industries across the United States. The company's operations are divided into two primary divisions: Merchant Services, and Proprietary Software and Payments. Through its offerings, i3 Verticals enables clients to seamlessly accept electronic payments. This critical service facilitates the secure and efficient exchange of funds and transaction data among clients, financial institutions, and diverse payment networks. Beyond payment processing, the firm also licenses its proprietary software, provides ongoing technical support, and supplies other solutions integral to point-of-sale operations. Its solutions reach customers via a multi-faceted approach, including a direct sales team, various distribution partners (such as independent software vendors, value-added resellers, and independent sales organizations), and referral channels comprising financial institutions, trade associations, chambers of commerce, and card issuers. Established in 2012, i3 Verticals maintains its headquarters in Nashville, Tennessee.
Sector: Services-Prepackaged Software
Industry: Software - Infrastructure
i3 Verticals, Inc. NASDAQ:IIIV Technology · Software - Infrastructure
AH Close $17.37 +0.00% vs close
AH Close $17.37 +0.00% vs close
All Press Release SEC Filings News
News
i3 Verticals (NASDAQ: IIIV) lines up revolver
defenseworld.net • 14d ago SEC Filing ⚠ 2
IIIV: 8-K · debt financing
On October 9, 2026, i3 Verticals, LLC, a subsidiary of i3 Verticals, Inc., entered into an Amended and Restated Credit Agreement providing a $350 million senior secured revolving credit facility, with JPMorgan Chase Bank, N.A. as administrative agent.
The new agreement replaces the prior May 8, 2023 credit agreement, extends maturity to October 9, 2031, and permits incremental term loan or revolver capacity equal to the greater of $100 million and 100% of consolidated EBITDA plus certain prepayments.
Pricing is leverage-based, with margins of 1.50%-2.50% over Term SOFR and commitment fees of 0.125%-0.275%, subject to covenants of maximum 4.00x total net leverage and minimum 3.00x interest coverage. Proceeds fund working capital, capex, and general corporate purposes; the facility secures liquidity for the company's public sector and healthcare payment processing operations.
SEC 8-K • 16d ago AI analysis › News
Do Options Traders Know Something About i3 Verticals Stock We Don't?
zacks.com • 1mo ago News
Do Options Traders Know Something About i3 Verticals Stock We Don't?
zacks.com • 2mo ago News
i3 Verticals Sees Strong Demand but Cuts Outlook as Public-Sector Budgets Normalize
marketbeat.com • 2mo ago News
i3 Verticals, Inc. (IIIV) Q3 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago SEC Filing ⚠ 5
IIIV: 10-Q · periodic report
i3 Verticals reported fiscal Q3 2026 (quarter ended June 30, 2026) revenue of $53.1 million, up 2.2% year over year, with net income from continuing operations of $5.9 million versus a $1.0 million loss in the prior-year quarter; basic EPS from continuing operations was $0.19.
For the nine months, revenue rose 3.2% to $163.3 million and operating cash flow swung to a positive $38.4 million from negative $8.3 million a year earlier, with continuing-ops EPS improving to $0.26 from $0.10. The company now operates as a single public-sector enterprise software segment following its divestitures of the Healthcare RCM and Merchant Services businesses.
The company completed a $60 million cash acquisition of a transportation-market insurance verification business on January 1, 2026, funded through its JPMorgan-administered $400 million revolver, and repurchased 6.06 million Class A shares for $137.9 million during the nine months. As a result, cash fell to $2.6 million from $66.7 million and long-term debt rose to $114.3 million, though leverage remains modest at 1.9x with 13.5x interest coverage.
A $100 million buyback authorization (May 2026 program) remains in place through May 2027. In litigation, the Louisiana data breach class action is in discovery with a class certification hearing rescheduled to September 28, 2026, while New York PaySchools claims were dismissed on August 4, 2026 with leave to amend.
SEC 10-Q • 2mo ago AI analysis › News
i3 Verticals Q3 Earnings Call Highlights
marketbeat.com • 2mo ago Press Release ● Major ⚠ 2
i3 Verticals Reports Third Quarter 2026 Financial Results
i3 Verticals reported Q3 revenue of $53.1 million, up 2.2% year-over-year, with adjusted EPS of $0.25 compared to a prior year loss.
Despite the profitability return and 8.3% growth in Annualized Recurring Revenue, the company lowered its full-year FY2026 guidance for revenue, Adjusted EBITDA, and adjusted EPS, citing weakness in non-recurring revenue and implementation delays.
Management highlighted the go-live of four material statewide transportation services and noted that over 20% of outstanding shares have been repurchased since October 2024.
• 2mo ago AI analysis › Press Release
i3 Verticals Announces Earnings Release and Conference Call Date for Third Quarter of Fiscal 2026
i3 Verticals announced that it will release its financial results for the third quarter of fiscal 2026 on Thursday, August 6, 2026, after the market close.
The company will host a conference call to discuss the results on Friday, August 7, 2026, at 8:30 a.m. ET, accessible via webcast or telephonic replay.
i3 Verticals provides cloud-native enterprise software solutions to public sector entities, including courts, public safety, and utilities across all 50 states and Canada.
• 3mo ago AI analysis › News
Heartland Value Fund Q2 2026 Portfolio Activity
seekingalpha.com • 3mo ago SEC Filing ⚠ 3
IIIV: 8-K · earnings release
i3 Verticals, Inc. (IIIV) released its Q2 FY2026 financial results via a Regulation FD disclosure, reporting revenue of $57.5 million, a 6% increase year-over-year. The company highlighted $183.5 million in Annual Recurring Revenue (ARR), representing 12% YoY growth, with recurring revenue comprising 80% of total revenue.
Adjusted EBITDA reached $16.6 million, a 5% increase year-over-year, resulting in a 29% margin. The company generated $10.9 million in free cash flow for the quarter, demonstrating a 66% conversion rate from adjusted EBITDA.
Management noted that approximately 16% of shares have been bought back through March 31, 2026, reflecting ongoing capital return to shareholders. The results were presented at the Baird 2026 Global Consumer, Technology & Services conference and the 2026 Davidson Technology Consumer Conference.
SEC 8-K • 4mo ago Press Release
i3 Verticals to Participate in June 2026 Investor Conferences
i3 Verticals announced that management will participate in two investor conferences in June 2026.
Clay Whitson and Geoff Smith will attend the Baird Global Consumer, Technology & Services Conference on June 3 in New York.
Clay Whitson and Molly Lanford will attend the Davidson Technology & Consumer Conference on June 11 in Nashville.
• 4mo ago AI analysis › SEC Filing
IIIV: 8-K · share repurchase
On May 12, 2026, i3 Verticals, Inc. announced a new share repurchase program for its Class A common stock. The program authorizes the company to repurchase up to $100 million of outstanding shares, replacing the prior program adopted on February 5, 2026, which has been fully expended.
The new share repurchase program will terminate on the earlier of May 11, 2027, or when the maximum dollar amount has been expended. Repurchases may be made in the open market, through privately negotiated transactions, or under Rule 10b5-1 plans.
The repurchase program is subject to market conditions, liquidity, cash flow, securities laws, and contractual restrictions under the company’s credit facility. The company retains the discretion to extend, modify, suspend, or discontinue the program at any time.
SEC 8-K • 5mo ago News
i3 Verticals Q2 Earnings Call Highlights
marketbeat.com • 5mo ago News
i3 Verticals, Inc. (IIIV) Q2 2026 Earnings Call Transcript
seekingalpha.com • 5mo ago Press Release ⚠ 2
i3 Verticals Reports Second Quarter 2026 Financial Results
i3 Verticals reported Q2 revenue of $57.5 million, up 6.2% year-over-year, while annualized recurring revenue (ARR) increased 11.6% to $183.5 million.
Adjusted EBITDA rose 4.7% to $16.6 million, though GAAP net income dipped slightly to $2.2 million compared to the prior year.
The company revised its fiscal 2026 outlook downward, lowering revenue guidance to a range of $221M-$229M and adjusted EBITDA to $61M-$65M.
• 5mo ago AI analysis › Press Release
i3 Verticals Announces Earnings Release and Conference Call Date for Second Quarter of Fiscal 2026
i3 Verticals plans to release its fiscal Q2 2026 financial results on Thursday, May 7, 2026, after the market close.
Management will host a conference call to discuss the results on Friday, May 8, 2026, at 8:30 a.m. ET.
The company provides cloud-native enterprise software solutions to public sector entities, including government, schools, and utilities.
• 6mo ago AI analysis › News
A Look at i3 Verticals Inc (IIIV) After 5.7% Gain -- GF Value $25.34 vs Price $22.40
gurufocus.com • 6mo ago Recent SEC filings with analysis 
