i3 Verticals, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that i3 Verticals, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $54.90M | Nov 21, 2025 |
| FY2025 | Jun 30, 2025 | $51.90M | Nov 21, 2025 |
| FY2025 | Mar 31, 2025 | $54.14M | Nov 21, 2025 |
| FY2025 | Dec 31, 2024 | $52.22M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $51.32M | Nov 21, 2025 |
| FY2025 | Jun 30, 2024 | $46.18M | Nov 21, 2025 |
| FY2025 | Mar 31, 2024 | $48.50M | Nov 21, 2025 |
| FY2025 | Dec 31, 2023 | $45.22M | Nov 21, 2025 |
| FY2024 | Sep 30, 2023 | $58.58M | Nov 25, 2024 |
| FY2024 | Jun 30, 2023 | $57.26M | Nov 25, 2024 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $213.16M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $191.23M | Nov 21, 2025 |
| FY2025 | Sep 30, 2023 | $189.68M | Nov 21, 2025 |
| FY2024 | Sep 30, 2022 | $187.75M | Nov 25, 2024 |
| FY2023 | Sep 30, 2021 | $224.12M | Nov 22, 2023 |
| FY2022 | Sep 30, 2020 | $150.13M | Nov 18, 2022 |
| FY2021 | Sep 30, 2019 | $376.31M | Nov 22, 2021 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Sep 30, 2023 | $333.33M | Nov 22, 2023 |
| FY2023 | Sep 30, 2022 | $282.73M | Nov 22, 2023 |
| FY2023 | Sep 30, 2021 | $195.34M | Nov 22, 2023 |
| FY2022 | Sep 30, 2020 | $123.35M | Nov 18, 2022 |
| FY2021 | Sep 30, 2019 | $106.87M | Nov 22, 2021 |
| FY2020 | Sep 30, 2018 | $83.18M | Nov 23, 2020 |
| FY2019 | Sep 30, 2017 | $56.76M | Nov 22, 2019 |
| FY2018 | Sep 30, 2016 | $45.57M | Dec 7, 2018 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $3.09M | Nov 21, 2025 |
| FY2025 | Jun 30, 2025 | $12.88M | Nov 21, 2025 |
| FY2025 | Mar 31, 2025 | ($154.0K) | Nov 21, 2025 |
| FY2025 | Dec 31, 2024 | $2.06M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $117.91M | Nov 21, 2025 |
| FY2025 | Jun 30, 2024 | ($7.55M) | Nov 21, 2025 |
| FY2025 | Mar 31, 2024 | $1.88M | Nov 21, 2025 |
| FY2025 | Dec 31, 2023 | $1.10M | Nov 21, 2025 |
| FY2024 | Sep 30, 2023 | $4.55M | Nov 25, 2024 |
| FY2024 | Jun 30, 2023 | ($5.16M) | Nov 25, 2024 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $1.48M | Nov 21, 2025 |
| FY2025 | Jun 30, 2025 | ($4.81M) | Nov 21, 2025 |
| FY2025 | Mar 31, 2025 | $5.06M | Nov 21, 2025 |
| FY2025 | Dec 31, 2024 | $2.05M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $3.41M | Nov 21, 2025 |
| FY2025 | Jun 30, 2024 | ($1.31M) | Nov 21, 2025 |
| FY2025 | Mar 31, 2024 | $1.98M | Nov 21, 2025 |
| FY2025 | Dec 31, 2023 | $276.0K | Nov 21, 2025 |
| FY2024 | Sep 30, 2023 | $1.26M | Nov 25, 2024 |
| FY2024 | Jun 30, 2023 | ($4.58M) | Nov 25, 2024 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $114.66M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $100.79M | Nov 21, 2025 |
| FY2025 | Sep 30, 2023 | $105.98M | Nov 21, 2025 |
| FY2024 | Sep 30, 2022 | $156.67M | Nov 25, 2024 |
| FY2023 | Sep 30, 2021 | $134.87M | Nov 22, 2023 |
| FY2022 | Sep 30, 2020 | $78.32M | Nov 18, 2022 |
| FY2021 | Sep 30, 2019 | $62.86M | Nov 22, 2021 |
| FY2020 | Sep 30, 2018 | $40.59M | Nov 23, 2020 |
| FY2019 | Sep 30, 2017 | $27.19M | Nov 22, 2019 |
| FY2018 | Sep 30, 2016 | $20.39M | Dec 7, 2018 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $5.69M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $48.41M | Nov 21, 2025 |
| FY2025 | Sep 30, 2023 | $37.17M | Nov 21, 2025 |
| FY2024 | Sep 30, 2022 | $43.76M | Nov 25, 2024 |
| FY2023 | Sep 30, 2021 | $44.53M | Nov 22, 2023 |
| FY2022 | Sep 30, 2020 | $23.72M | Nov 18, 2022 |
| FY2021 | Sep 30, 2019 | $26.60M | Nov 22, 2021 |
| FY2020 | Sep 30, 2018 | $18.08M | Nov 23, 2020 |
| FY2019 | Sep 30, 2017 | $8.33M | Nov 22, 2019 |
| FY2018 | Sep 30, 2016 | $10.01M | Dec 7, 2018 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $1.94M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $2.96M | Nov 21, 2025 |
| FY2025 | Sep 30, 2023 | $4.20M | Nov 21, 2025 |
| FY2024 | Sep 30, 2022 | $2.27M | Nov 25, 2024 |
| FY2023 | Sep 30, 2021 | $1.94M | Nov 22, 2023 |
| FY2022 | Sep 30, 2020 | $2.91M | Nov 18, 2022 |
| FY2021 | Sep 30, 2019 | $807.0K | Nov 22, 2021 |
| FY2020 | Sep 30, 2018 | $2.22M | Nov 23, 2020 |
| FY2019 | Sep 30, 2017 | $636.0K | Nov 22, 2019 |
| FY2018 | Sep 30, 2016 | $862.0K | Dec 7, 2018 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $638.41M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $730.68M | Nov 21, 2025 |
| FY2024 | Sep 30, 2023 | $884.42M | Nov 25, 2024 |
| FY2023 | Sep 30, 2022 | $770.31M | Nov 22, 2023 |
| FY2023 | Sep 30, 2021 | $651.80M | Nov 22, 2023 |
| FY2022 | Sep 30, 2020 | $403.53M | Nov 18, 2022 |
| FY2020 | Sep 30, 2019 | $349.30M | Nov 23, 2020 |
| FY2020 | Sep 30, 2018 | $175.14M | Nov 23, 2020 |
| FY2019 | Sep 30, 2017 | $139.99M | Nov 22, 2019 |
| FY2018 | Sep 30, 2016 | $100.28M | Dec 7, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $120.69M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $215.32M | Nov 21, 2025 |
| FY2024 | Sep 30, 2023 | $556.12M | Nov 25, 2024 |
| FY2023 | Sep 30, 2022 | $462.62M | Nov 22, 2023 |
| FY2022 | Sep 30, 2021 | $362.21M | Nov 18, 2022 |
| FY2021 | Sep 30, 2020 | $163.36M | Nov 22, 2021 |
| FY2020 | Sep 30, 2019 | $206.86M | Nov 23, 2020 |
| FY2019 | Sep 30, 2018 | $62.94M | Nov 22, 2019 |
| FY2018 | Sep 30, 2017 | $129.12M | Dec 7, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $389.58M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $379.74M | Nov 21, 2025 |
| FY2024 | Sep 30, 2023 | $236.75M | Nov 25, 2024 |
| FY2023 | Sep 30, 2022 | $218.38M | Nov 22, 2023 |
| FY2022 | Sep 30, 2021 | $204.76M | Nov 18, 2022 |
| FY2021 | Sep 30, 2020 | $155.58M | Nov 22, 2021 |
| FY2020 | Sep 30, 2019 | $80.07M | Nov 23, 2020 |
| FY2019 | Sep 30, 2018 | $39.30M | Nov 22, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $248.47M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $242.99M | Nov 21, 2025 |
| FY2025 | Sep 30, 2023 | $230.29M | Nov 21, 2025 |
| FY2024 | Sep 30, 2022 | $214.92M | Nov 25, 2024 |
| FY2023 | Sep 30, 2021 | $292.24M | Nov 22, 2023 |
| FY2022 | Sep 30, 2020 | $187.01M | Nov 18, 2022 |
| FY2021 | Sep 30, 2019 | $168.28M | Nov 22, 2021 |
| FY2020 | Sep 30, 2018 | $83.95M | Nov 23, 2020 |
| FY2019 | Sep 30, 2017 | $58.52M | Nov 22, 2019 |
| FY2018 | Sep 30, 2016 | $35.06M | Dec 7, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $118.27M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $100.40M | Nov 21, 2025 |
| FY2024 | Sep 30, 2023 | ($12.94M) | Nov 25, 2024 |
| FY2023 | Sep 30, 2022 | ($23.58M) | Nov 22, 2023 |
| FY2022 | Sep 30, 2021 | ($6.48M) | Nov 18, 2022 |
| FY2021 | Sep 30, 2020 | ($2.02M) | Nov 22, 2021 |
| FY2020 | Sep 30, 2019 | ($2.31M) | Nov 23, 2020 |
| FY2019 | Sep 30, 2018 | $736.0K | Nov 22, 2019 |
| FY2018 | Sep 30, 2017 | ($33.02M) | Dec 7, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $66.67M | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $86.53M | Nov 21, 2025 |
| FY2024 | Sep 30, 2023 | $3.11M | Nov 25, 2024 |
| FY2023 | Sep 30, 2022 | $3.49M | Nov 22, 2023 |
| FY2023 | Sep 30, 2021 | $3.64M | Nov 22, 2023 |
| FY2023 | Sep 30, 2020 | $15.57M | Nov 22, 2023 |
| FY2022 | Sep 30, 2019 | $1.12M | Nov 18, 2022 |
| FY2021 | Sep 30, 2018 | $572.0K | Nov 22, 2021 |
| FY2020 | Sep 30, 2017 | $955.0K | Nov 23, 2020 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | $0 | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | $26.22M | Nov 21, 2025 |
| FY2024 | Sep 30, 2023 | $388.01M | Nov 25, 2024 |
| FY2023 | Sep 30, 2022 | $287.02M | Nov 22, 2023 |
| FY2022 | Sep 30, 2021 | $200.61M | Nov 18, 2022 |
| FY2021 | Sep 30, 2020 | $90.76M | Nov 22, 2021 |
| FY2020 | Sep 30, 2019 | $139.30M | Nov 23, 2020 |
| FY2019 | Sep 30, 2018 | $36.78M | Nov 22, 2019 |
| FY2018 | Sep 30, 2017 | $110.84M | Dec 7, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | 0 | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | 4 | Nov 21, 2025 |
| FY2025 | Sep 30, 2023 | 0 | Nov 21, 2025 |
| FY2023 | Sep 30, 2022 | 0 | Nov 22, 2023 |
| FY2021 | Sep 30, 2021 | 0 | Nov 22, 2021 |
| FY2021 | Jun 30, 2021 | 0 | Nov 22, 2021 |
| FY2021 | Mar 31, 2021 | 0 | Nov 22, 2021 |
| FY2021 | Dec 31, 2020 | 0 | Nov 22, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Nov 23, 2020 |
| FY2020 | Jun 30, 2020 | 0 | Nov 23, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Sep 30, 2025 | 0 | Nov 21, 2025 |
| FY2025 | Sep 30, 2024 | 4 | Nov 21, 2025 |
| FY2025 | Sep 30, 2023 | 0 | Nov 21, 2025 |
| FY2023 | Sep 30, 2022 | 0 | Nov 22, 2023 |
| FY2021 | Sep 30, 2021 | 0 | Nov 22, 2021 |
| FY2021 | Jun 30, 2021 | 0 | Nov 22, 2021 |
| FY2021 | Mar 31, 2021 | 0 | Nov 22, 2021 |
| FY2021 | Dec 31, 2020 | 0 | Nov 22, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Nov 23, 2020 |
| FY2020 | Jun 30, 2020 | 0 | Nov 23, 2020 |