profit from every $100 of sales.
$0$100
i3 Verticals
$19.59+1.40% today
-33.1% in 1 year
1-year low $13.821-year high $29.33
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $38.12 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What i3 Verticals sold, what it kept, and what it did with the cash.
Sales went from $188 million in 2022 to $213 million in 2025, with $17.9 million of profit last year.
SalesProfit
i3 Verticals vs. similar companies
i3 Verticals grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| i3 Verticals | 38.1× · Expensive | ||
 Microsoft | 28.9× · Fair price | ||
 Palantir Technologies | 255.6× · Very expensive | ||
 Oracle | 23.4× · Fair price | ||
 Palo Alto Networks | 241.4× · Very expensive |
AI analysis
An AI analyst reads i3 Verticals's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 188 | 190 | 191 | 213 | |
| 175 | 135 | 131 | 147 | |
| -1 | 6 | 4 | 4 | |
| 5 | 33 | 45 | 43 | |
| -17 | -1 | 113 | 18 | |
| -0.77 | -0.07 | 4.64 | 0.70 | |
| 93.2% | 71.1% | 68.4% | 68.8% | |
| -0.6% | 2.9% | 2.3% | 1.9% | |
| -9.1% | -0.4% | 59.3% | 8.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 770 | 884 | 731 | 638 |
| Cash | 3 | 3 | 87 | 67 |
| Total debt | 306 | 401 | 33 | 5 |
| Total liabilities | 463 | 556 | 215 | 121 |
| 218 | 237 | 380 | 390 | |
| 22 | 33 | 24 | 25 | |
| -3.6% | -0.4% | 1.5% | 2.6% | |
| -7.8% | -0.3% | 29.8% | 4.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 44 | 37 | 48 | 6 | |
| 12 | 16 | 15 | 10 | |
| 31 | 21 | 33 | -4 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 0 | 38 | |
| 26 | 28 | 26 | 18 |
Valuation
- 38.1×
- 17.4×
- –
- 1.3×
- 3.2×
- –
- 14.4×
- -0.7%
- 2.6%
- 0.0%
Profitability
- 68.8%
- 1.9%
- 8.4%
- 17.7%
- 0.1%
- 5.4%
- 4.9%
- 2.8%
- 0.2%
- –
Growth
- +4.3%
- –
- −91.7%
- –
- +3.3%
Financial health
- 2.0×
- 0.27
- 13.5%
- 0.5×
- 1.34
- 1.29
- 0.34
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 22%of 974
Bottom 25%of 975
Bottom 46%of 729
Bottom 35%of 982
Bottom 25%of 985
What analysts expect
- Average price target
- $29.00
- Range
- $22.00 – $35.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 0.32 | 0.30 | +6.7% |
| Feb 5, 2026 | 0.26 | 0.23 | +13.0% |
| Nov 17, 2025 | 0.27 | 0.26 | +3.8% |
| Aug 7, 2025 | 0.23 | 0.21 | +9.5% |
| May 8, 2025 | 0.32 | 0.30 | +6.7% |
| Feb 6, 2025 | 0.31 | 0.28 | +10.7% |
| Nov 18, 2024 | 0.15 | 0.17 | −11.8% |
| Aug 8, 2024 | 0.07 | 0.35 | −80.0% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
21No pass
Benjamin Graham
40No pass
Philip Fisher
31No pass
Peter Lynch
51No pass
Joel Greenblatt
5No pass
Charlie Munger
24No pass
Terry Smith
20No pass
Questions about i3 Verticals
Is i3 Verticals a good stock to buy?
A solid business, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the i3 Verticals AI analysis
What does i3 Verticals do?
i3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, and healthcare markets in the United States. It is in Software - Infrastructure.
Does i3 Verticals pay a dividend?
No. i3 Verticals does not pay a dividend at the moment; in 2025 it returned $37.6 million to shareholders by buying back its own shares.
Is i3 Verticals stock halal?
Yes. i3 Verticals passes our halal screen: its business is permitted and its debt is 0.7% of its market value, under the 30% limit. How we check
How has i3 Verticals stock done over the past year?
Down 33.1% over the past twelve months, to $19.59. It traded between $13.82 and $29.33 and is 33.2% below its high.
Who are i3 Verticals's competitors?
The largest listed companies in the same industry are Microsoft, Palantir Technologies, Oracle and Palo Alto Networks. The peers table on this page compares their profit, growth and price with i3 Verticals's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.