i3 Verticals profit margin IIIV
Gross, operating and net profit as a share of revenue over the last twelve months, from 2017.
- Net margin, 12 months
- 3.9%
- Operating margin, 12 months
- 2.7%
- Net margin on a year earlier
- −56.7 pts
- Peer median
- 9.7%
Over the twelve months to Jun 30, 2026, i3 Verticals kept 3.9% of its revenue as net profit, with an operating margin of 2.7%.
Five years earlier its net margin was −2.4%.
The median for 10 infrastructure software stocks of a similar size is 9.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 8.4% | 1.8% | n/a |
| FY2024 | 51.5% | 2.0% | n/a |
| FY2023 | −0.2% | −1.1% | n/a |
| FY2022 | −5.4% | −0.8% | n/a |
| FY2021 | −2.0% | −0.0% | n/a |
| FY2020 | −0.3% | 5.2% | 100.0% |
| FY2019 | −0.8% | 1.7% | 35.5% |
| FY2018 | −2.1% | 3.8% | 33.7% |
| FY2017 | 0.3% | 2.9% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 3.9% | −56.7 pts | 2.7% | |
| Q2 FY26 | 8.3% | −44.4 pts | 0.9% | |
| Q1 FY26 | 7.6% | −45.0 pts | 1.6% | |
| Q4 FY25 | 8.4% | −43.1 pts | 1.8% | |
| Q3 FY25 | 60.6% | +60.6 pts | 2.6% | |
| Q2 FY25 | 52.6% | +51.7 pts | 4.3% | |
| Q1 FY25 | 52.6% | +52.4 pts | 2.8% | |
| Q4 FY24 | 51.5% | +51.7 pts | 2.0% | |
| Q3 FY24 | −0.0% | +2.7 pts | 0.9% | |
| Q2 FY24 | 0.9% | +3.0 pts | −0.4% | |
| Q1 FY24 | 0.2% | +4.7 pts | −0.9% | |
| Q4 FY23 | −0.2% | +5.1 pts | −1.1% |
Against its peers
Companies in Software - Infrastructure nearest i3 Verticals' size, closest first, today.
| Company | Profit margin |
|---|---|
| IIIVi3 Verticals | 3.9% |
| CCSIConsensus Cloud Solutions | 26.7% |
| GDYNGrid Dynamics | 0.7% |
| MKTWMarketwise | 0.7% |
| OSPNOneSpan | 27.8% |
| RBBNRibbon Communications | 2.0% |
| MKLYMcKinley Acquisition | n/m |
| RPDRapid7 | 2.4% |
| RDVTRed Violet | 16.5% |
| EGANEGAIN | 9.7% |
| XZOExzeo | 39.1% |
| Peer median | 9.7% |
Where i3 Verticals ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on i3 Verticals
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.