i3 Verticals (STU:V1K) Total Operating Expense: €126.0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:V1K i3 Verticals Inc STU:V1K
65 GF Score
Price €18.20
GF Value €19.47
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is i3 Verticals Total Operating Expense?

i3 Verticals STU:V1K -4.21% 65 Total Operating Expense is €126.0 Mil as of Mar. 2026. GuruFocus rates STU:V1K with a GF Score™ of 65/100 and a GF Value™ of €19.47 (Fairly Valued). The stock has 4 warning signs investors should review.

i3 Verticals's Total Operating Expense for the three months ended in Mar. 2026 was €31.8 Mil. i3 Verticals's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €126.0 Mil.

i3 Verticals Total Operating Expense Related Terms

i3 Verticals Total Operating Expense Historical Data

* Premium members only.

The historical data trend for i3 Verticals's Total Operating Expense 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 Total Operating Expense Chart

i3 Verticals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135.40 177.76 121.16 113.83 121.46

i3 Verticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 30.78 34.69 30.62 28.91 31.80
STU:V1K
65GF Score
i3 Verticals Inc STU:V1K
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

i3 Verticals Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 €126.0 Mil.

* 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.

What does a Total Operating Expense of €126.0 Mil mean?
i3 Verticals (STU:V1K) has a Total Operating Expense of €126.0 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on i3 Verticals and its competitors.
Is i3 Verticals' Total Operating Expense too high?
i3 Verticals' current Total Operating Expense is €126.0 Mil. Overall, i3 Verticals has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does i3 Verticals' Total Operating Expense compare to IMXI and CINT?
i3 Verticals' Total Operating Expense of €126.0 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 Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on i3 Verticals and its competitors. i3 Verticals's current Total Operating Expense is €126.0 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 (STU:V1K) is currently considered Fairly Valued. The stock's GF Value™ is €19.47, compared to a current price of €18.20 — trading 6.5% below its estimated fair value. The current Total Operating Expense is €126.0 Mil. i3 Verticals' overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For i3 Verticals (STU:V1K), the current Total Operating Expense is €126.0 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 (STU:V1K) Overvalued in 2026?

Based on GuruFocus' analysis, i3 Verticals stock appears to be undervalued. The current stock price of €18.20 is trading 6.5% below its estimated GF Value™ of €19.47. GuruFocus considers i3 Verticals to be Fairly Valued.

Key valuation signals for STU:V1K:

  • Total Operating Expense: €126.0 Mil
  • GF Value™: €19.47 vs. price of €18.20 (6.5% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the STU:V1K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

i3 Verticals Business Description

Other Exchanges IIIV:USA
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.
65GF Score

Get the complete analysis for STU:V1K

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

€18.20
Price
€19.47
GF Value