i3 Verticals Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	216.99	213.16	191.23	189.68	187.75	224.12
Revenue Growth (YoY)	6.44%	11.47%	0.82%	1.03%	-16.23%	49.28%
Cost of Revenue	17.14	-	-	-	-	-
Gross Profit	199.85	213.16	191.23	189.68	187.75	224.12
Selling, General & Admin	117.95	114.66	100.79	105.98	156.67	134.87
Depreciation & Amortization Expenses	28.61	27.9	25.55	23.32	19.33	24.42
Other Operating Expenses	51.28	66.82	60.54	64.79	34.9	64.85
Total Operating Expenses	197.84	209.38	186.88	194.09	210.89	224.14
Operating Income	2.02	3.78	4.36	-4.41	-23.14	-0.01
Interest Expense	-2.7	-2.3	-29.26	-25.13	-14.78	-9.8
Other Non-Operating Income (Expense)	-7.62	-9.41	-3.4	-1.22	0.99	-2.6
Total Non-Operating Income (Expense)	-10.31	-11.71	-32.66	-26.35	-13.78	-12.39
Pretax Income	-8.3	-7.93	-28.3	-30.76	-36.93	-12.41
Provision for Income Taxes	3.15	5.27	-5.47	-3.51	0.15	0.62
Net Income	17.92	17.87	113.34	-0.81	-17.1	-4.46
Minority Interest in Earnings	15.7	17.26	123.58	-3.68	-12.23	-3.38
Earnings From Discontinued Operations	21.98	20.89	191.18	22.16	15.84	-
Net Income to Common	17.92	17.87	113.34	-0.81	-17.1	-4.46
Net Income Growth	-84.04%	-84.23%	-	-	-	-
Shares Outstanding (Basic)	28	24	23	23	14	21
Shares Outstanding (Diluted)	31	34	34	33	14	20
Shares Change (YoY)	-1.54%	0.91%	1.90%	137.17%	-30.81%	45.05%
EPS (Basic)	0.10	0.15	-0.46	-0.72	-1.22	-0.21
EPS (Diluted)	0.10	0.14	-0.46	-0.72	-1.22	-0.22
Shares Outstanding	20.54	23.98	23.88	23.25	22.99	22.03
Free Cash Flow	43.78	3.75	45.45	32.97	41.49	42.6
Free Cash Flow Growth	1066.53%	-91.74%	37.85%	-20.55%	-2.59%	104.70%
Free Cash Flow Per Share	1.41	0.11	1.34	0.99	2.96	2.10
Gross Margin	92.10%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	0.93%	1.77%	2.28%	-2.33%	-12.33%	-0.01%
Profit Margin	13.62%	15.07%	83.19%	-14.48%	-33.17%	-3.50%
FCF Margin	20.18%	1.76%	23.76%	17.38%	22.10%	19.01%
EBITDA	30.9	33.62	41.8	32.05	6.28	24.41
EBITDA Margin	14.24%	15.77%	21.86%	16.90%	3.35%	10.89%
EBIT	2.02	3.78	4.36	-4.41	-23.14	-0.01
EBIT Margin	0.93%	1.77%	2.28%	-2.33%	-12.33%	-0.01%
Effective Tax Rate	-38.01%	-66.42%	19.32%	11.40%	-0.41%	-5.02%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q