---
schema_version: "secwatch.filing_event.v1"
accession: "0001728688-22-000008"
form_type: "8-K"
ticker: "IIIV"
cik: "0001728688"
company_name: "i3 Verticals, Inc."
filed_at: "2022-02-08T23:59:59+00:00"
generated_at: "2026-06-27T10:11:39.139879+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# i3 Verticals Q1 revenue +66% to $73.9M, Adj. EBITDA +72%; raises FY22 guidance, acquires public-sector software firm

## Summary
- Revenue $73.9M, up 66% YoY; net loss $3.7M vs $3.0M loss; Adj. EBITDA $18.3M, +72.4%.
- Pro forma adj. diluted EPS $0.35 vs $0.21 YoY; software/services revenue now 49% of total.
- ARR $240.4M, up 52.7% YoY.
- Acquired public-sector court data management software for $38.7M (incl. up to $10M contingent), effective Dec 31, 2021.
- Raised FY2022 outlook: revenue $288M-$304M, Adj. EBITDA $74M-$80M, EPS $1.28-$1.42.

## SEC filing metadata
- accession: 0001728688-22-000008
- form_type: 8-K
- ticker: IIIV
- cik: 0001728688
- company_name: i3 Verticals, Inc.
- filed_at: 2022-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1728688/000172868822000008/0001728688-22-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1728688/000172868822000008/iiiv-20220208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001728688-22-000008
- JSON: https://secwatch.observer/filing/0001728688-22-000008.json
- Plain text: https://secwatch.observer/filing/0001728688-22-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.