i3 Verticals annual gross margin
2016
2017
2018
2019
2020
2021
2022
2023
i3 Verticals Gross Margin Growth & History (IIIV)
i3 Verticals's gross margin was 175.73% for fiscal 2023.
View full i3 Verticals company overviewi3 Verticals annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-09-30 | 175.73% | +25.14 pp |
| 2022 | 2022-09-30 | 150.59% | +63.43 pp |
| 2021 | 2021-09-30 | 87.16% | +4.99 pp |
| 2020 | 2020-09-30 | 82.16% | +53.76 pp |
| 2019 | 2019-09-30 | 28.40% | +2.69 pp |
| 2018 | 2018-09-30 | 25.71% | +4.10 pp |
| 2017 | 2017-09-30 | 21.62% | −1.21 pp |
| 2016 | 2016-09-30 | 22.83% | — |
i3 Verticals quarterly gross margin
Q3.17
Q1.18
Q2.18
Q3.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q1.24
Q2.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2024 | 2024-03-31 | 146.08% | +56.25 pp |
| Q1 2024 | 2023-12-31 | 149.99% | +61.28 pp |
| Q3 2023 | 2023-06-30 | 148.33% | +58.76 pp |
| Q2 2023 | 2023-03-31 | 90.30% | +1.11 pp |
| Q1 2023 | 2022-12-31 | 89.83% | +1.99 pp |
| Q3 2022 | 2022-06-30 | 88.71% | +1.28 pp |
| Q2 2022 | 2022-03-31 | 89.58% | −0.68 pp |
| Q1 2022 | 2021-12-31 | 89.19% | +6.88 pp |
| Q4 2021 | 2021-09-30 | 87.84% | +5.51 pp |
| Q3 2021 | 2021-06-30 | 87.43% | +5.23 pp |
| Q2 2021 | 2021-03-31 | 90.26% | +7.58 pp |
| Q1 2021 | 2020-12-31 | 82.32% | +0.84 pp |
| Q4 2020 | 2020-09-30 | 82.33% | +52.73 pp |
| Q3 2020 | 2020-06-30 | 82.20% | +54.10 pp |
| Q2 2020 | 2020-03-31 | 82.68% | +54.27 pp |
| Q1 2020 | 2019-12-31 | 81.48% | +54.27 pp |
| Q4 2019 | 2019-09-30 | 29.60% | +4.02 pp |
| Q3 2019 | 2019-06-30 | 28.10% | +1.03 pp |
| Q2 2019 | 2019-03-31 | 28.41% | +4.11 pp |
| Q1 2019 | 2018-12-31 | 27.20% | +6.56 pp |
| Q3 2018 · Jun 30 | 2018-06-30 | 25.57% | — |
| Q2 2018 | 2018-03-31 | 27.06% | — |
| Q1 2018 | 2017-12-31 | 24.30% | — |
| Q3 2017 | 2017-06-30 | 20.65% | — |
i3 Verticals gross margin trends
Over the last five reported fiscal years, i3 Verticals's gross margin increased from 25.71% to 175.73%, a change of +150.02 percentage points. The latest reported quarter, Q2 2024, shows 146.08%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review i3 Verticals filings at SEC.gov ↗