I3 VERTICALS INC CLASS A (IIIV)
Information Technology · Software and IT services / Payment processing · NASDAQ
i3 Verticals is a software and services provider delivering specialized solutions across payment processing, software platforms, and managed IT services to SMBs and mid-market customers.
What I3 VERTICALS INC CLASS A does
i3 Verticals provides a diversified portfolio of software, payment processing, and managed IT services targeting small and mid-sized businesses across various verticals. The company operates through multiple business segments that deliver cloud-based software platforms, point-of-sale and payment processing solutions, and managed services including cybersecurity and IT infrastructure support. The company generates revenue through recurring software subscriptions, transaction processing fees, and managed services contracts with its customer base.
Themes: ["Payment processing / fintech","SMB software / mid-market solutions","Managed IT services","Cloud software platforms","Cybersecurity services"]
Fundamentals
- Price$20.99 as of 2026-07-09 close
- Market cap$586M as of 2026-07-10
- 1-year return-29.1% as of 2026-07-09 close
- P/E32.70 as of 2026-07-10
- Net margin+8.3% as of 2026-07-10
- Gross margin+68.1% as of 2026-07-10
- ROE+5.0% as of 2026-07-10
- Debt / equity0.26 as of 2026-07-10
- Revenue growth (YoY)-10.2% as of 2026-07-10
- Revenue CAGR (3y)+4.3% SEC XBRL
- Beta0.85 as of 2026-07-10
Key risks (from latest filing)
["Revenue declining -10.2% year-over-year with slowing customer acquisition or retention in core verticals","Significant goodwill and intangible asset base ($439.1M at March 31, 2026) concentrated from acquisitions, creating impairment risk if business performance deteriorates further","High P/E multiple (32.7x) despite revenue contraction and margin compression, making valuation vulnerable to market sentiment shifts or earnings misses"]
Competitors & peers
- Square Inc. (SQ)
- Toast Inc. (TST)
- Block Inc. (BLOCK)
- Lightspeed POS Inc. (LSPD)
- Shift4 Payments
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.