IIIV (i3 Verticals) Gross Profit: $147.8 Mil (TTM As of Mar. 2026)

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IIIV i3 Verticals Inc IIIV
70 GF Score
Price $21.32
GF Value $22.52
Valuation Fairly Valued
! 4 Warning Signs
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What is i3 Verticals Gross Profit?

i3 Verticals IIIV +1.19% 70 Gross Profit is $147.8 Mil as of Mar. 2026. 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.

i3 Verticals's gross profit for the three months ended in Mar. 2026 was $40.4 Mil. i3 Verticals's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $147.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. i3 Verticals's gross profit for the three months ended in Mar. 2026 was $40.4 Mil. i3 Verticals's Revenue for the three months ended in Mar. 2026 was $57.5 Mil. Therefore, i3 Verticals's Gross Margin % for the quarter that ended in Mar. 2026 was 70.20%.

i3 Verticals had a gross margin of 70.20% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of i3 Verticals was 93.16%. The lowest was 17.01%. And the median was 68.45%.

Warning Sign:

i3 Verticals Inc gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


i3 Verticals  (NAS:IIIV) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

i3 Verticals had a gross margin of 70.20% for the quarter that ended in Mar. 2026 => Durable competitive advantage


i3 Verticals Gross Profit Related Terms


i3 Verticals Gross Profit Historical Data

* Premium members only.

The historical data trend for i3 Verticals's Gross Profit 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 Gross Profit Chart

i3 Verticals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166.42 174.92 134.87 130.72 146.57

i3 Verticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit 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 37.56 35.17 37.20 35.09 40.38

IIIV vs IMXI, CINT, LSAK: Gross Profit Comparison

For the Software - Infrastructure subindustry, i3 Verticals's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Software Industry

For the Software industry and Technology sector, i3 Verticals's Gross Profit distribution charts can be found below:

* The bar in red indicates where i3 Verticals's Gross Profit falls into.


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

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

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

Gross Profit (A: Sep. 2025 )=Revenue - Cost of Goods Sold
=213.158 - 66.587
=146.6

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

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=57.518 - 17.138
=40.4

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $147.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

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

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=40.4 / 57.518
=70.20 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $147.8 Mil mean?
i3 Verticals (IIIV) has a Gross Profit of $147.8 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on i3 Verticals and its competitors.
Is i3 Verticals' Gross Profit too high?
i3 Verticals' current Gross Profit is $147.8 Mil. 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' Gross Profit compare to IMXI and CINT?
i3 Verticals' Gross Profit of $147.8 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Software company?
A good Gross Profit depends on the Software industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on i3 Verticals and its competitors. i3 Verticals's current Gross Profit is $147.8 Mil. 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 $21.32 — trading 5.3% below its estimated fair value. The current Gross Profit is $147.8 Mil. 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 Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For i3 Verticals (IIIV), the current Gross Profit is $147.8 Mil 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 $21.32 is trading 5.3% below its estimated GF Value™ of $22.52. GuruFocus considers i3 Verticals to be Fairly Valued.

Key valuation signals for IIIV:

  • Gross Profit: $147.8 Mil
  • GF Value™: $22.52 vs. price of $21.32 (5.3% below fair value)
  • GF Score™: 70/100 with 4 warning signs

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

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

$21.32
Price
$22.52
GF Value