IIIV (i3 Verticals) FCF Margin %: 12.52% (As of Mar. 2026) — 46% Above Median

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IIIV i3 Verticals Inc IIIV
70 GF Score
Price $21.07
GF Value $22.52
Valuation Fairly Valued
! 4 Warning Signs
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What is i3 Verticals FCF Margin %?

i3 Verticals IIIV +0.31% 70 FCF Margin % is 12.52% as of Mar. 2026, which is 46% above its 10-year median of 8.60. GuruFocus rates IIIV with a GF Score™ of 70/100 and a GF Value™ of $22.52 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,824 Software companies, i3 Verticals ranks better than 81.62% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. i3 Verticals's Free Cash Flow for the three months ended in Mar. 2026 was $7.2 Mil. i3 Verticals's Revenue for the three months ended in Mar. 2026 was $57.5 Mil. Therefore, i3 Verticals's FCF Margin % for the quarter that ended in Mar. 2026 was 12.52%.

As of today, i3 Verticals's current FCF Yield % is 8.60%.

The historical rank and industry rank for i3 Verticals's FCF Margin % or its related term are showing as below:

IIIV' s FCF Margin % Range Over the Past 10 Years
Min: -2.08   Med: 8.6   Max: 17.49
Current: 16.32


During the past 10 years, the highest FCF Margin % of i3 Verticals was 17.49%. The lowest was -2.08%. And the median was 8.60%.

IIIV's FCF Margin % is ranked better than
81.62% of 2824 companies
in the Software industry
Industry Median: 2.315 vs IIIV: 16.32


i3 Verticals FCF Margin % Related Terms


i3 Verticals FCF Margin % Historical Data

* Premium members only.

The historical data trend for i3 Verticals's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

i3 Verticals FCF Margin % Chart

i3 Verticals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.26 16.68 10.96 17.49 -2.08

i3 Verticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -54.34 9.07 21.22 22.48 12.52

IIIV vs IMXI, CINT, LSAK: FCF Margin % Comparison

For the Software - Infrastructure subindustry, i3 Verticals's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


i3 Verticals FCF Margin % vs Software Industry

For the Software industry and Technology sector, i3 Verticals's FCF Margin % distribution charts can be found below:

* The bar in red indicates where i3 Verticals's FCF Margin % falls into.


IIIV
70GF Score
i3 Verticals Inc IIIV
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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i3 Verticals FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

i3 Verticals's FCF Margin for the fiscal year that ended in Sep. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=-4.441/213.158
=-2.08 %

i3 Verticals's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=7.201/57.518
=12.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 12.52% mean?
i3 Verticals (IIIV) has a FCF Margin % of 12.52% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on i3 Verticals and its competitors. This is 46% above median its historical median of 8.60. According to the industry distribution chart, i3 Verticals ranks #519 out of 2824 companies in the Software industry, placing it in the top 18.4%.
Is i3 Verticals' FCF Margin % too high?
i3 Verticals' current FCF Margin % of 12.52% is 46% above median its 10-year median of 8.60. The Software industry median FCF Margin % is 2.32. i3 Verticals' value of 12.52% is 440.8% above this industry median. Based on the distribution chart, i3 Verticals ranks #519 out of 2824 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, i3 Verticals has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does i3 Verticals' FCF Margin % compare to IMXI and CINT?
According to the Software industry distribution chart, i3 Verticals ranks #519 out of 2824 companies for FCF Margin %. This places i3 Verticals in the top 18% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.32. i3 Verticals' value of 12.52% is 440.8% above this benchmark. While the company's 10-year median is 8.60 vs. the industry median of 2.32, i3 Verticals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.32, based on 2,824 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. i3 Verticals's current FCF Margin % of 12.52% is 440.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on i3 Verticals and its competitors. For the Software industry, the median FCF Margin % is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. i3 Verticals's current FCF Margin % is 12.52%, which is 46% above median its own 10-year median of 8.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is i3 Verticals stock overvalued right now?
Based on GuruFocus' analysis, i3 Verticals (IIIV) is currently considered Fairly Valued. The stock's GF Value™ is $22.52, compared to a current price of $21.07 — trading 6.4% below its estimated fair value. The current FCF Margin % is 12.52%, which is 46% above median its 10-year median of 8.60 and 440.8% above the Software industry median of 2.32. i3 Verticals' overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For i3 Verticals (IIIV), the current FCF Margin % is 12.52% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is i3 Verticals (IIIV) Overvalued in 2026?

Based on GuruFocus' analysis, i3 Verticals stock appears to be undervalued. The current stock price of $21.07 is trading 6.4% below its estimated GF Value™ of $22.52. GuruFocus considers i3 Verticals to be Fairly Valued.

Key valuation signals for IIIV:

  • FCF Margin %: 12.52% (46% above median its 10-year median of 8.60)
  • GF Value™: $22.52 vs. price of $21.07 (6.4% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 440.8% above the Software median (#519 of 2824)

No single metric tells the full story. See the IIIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


i3 Verticals Business Description

Other Exchanges V1K:Germany
Address 40 Burton Hills Boulevard, Suite 415, Nashville, TN, USA, 37215
i3 Verticals Inc provides mission-critical enterprise software solutions to public sector entities. These comprehensive cloud-native solutions address a broad range of government functions, including courts and public safety, public administration, utilities, transportation and schools. The company generates the majority of revenue from software and related services, including the sale of subscriptions, recurring services, ongoing support, licenses, and installation and implementation services specific to software.
70GF Score

Get the complete analysis for IIIV

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.07
Price
$22.52
GF Value