---
schema_version: "secwatch.filing_event.v1"
accession: "0001728688-23-000015"
form_type: "8-K"
ticker: "IIIV"
cik: "0001728688"
company_name: "i3 Verticals, Inc."
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:53:28.301899+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# i3 Verticals Q1 revenue $86M (+16% YoY); raises FY adjusted EBITDA guidance to $95-103M

## Summary
- Revenue $86.0M, up 16.4% YoY; net income $0.2M vs net loss $3.7M prior year.
- Adjusted EBITDA $23.6M (+29.3% YoY); margin 27.4% vs 24.7%.
- ARR $290.2M, up 20.7% YoY; software & related services 48% of revenue.
- Revised FY23 outlook: revenue $360-380M (unchanged); adjusted EBITDA raised to $95-103M.
- Acquired AccuFund effective Jan 1, 2023; Celtic integration progressing.

## SEC filing metadata
- accession: 0001728688-23-000015
- form_type: 8-K
- ticker: IIIV
- cik: 0001728688
- company_name: i3 Verticals, Inc.
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1728688/000172868823000015/0001728688-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1728688/000172868823000015/iiiv-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001728688-23-000015
- JSON: https://secwatch.observer/filing/0001728688-23-000015.json
- Plain text: https://secwatch.observer/filing/0001728688-23-000015.txt

## Key facts
- Earnings Releases
  i3 Verticals, Inc. reported fiscal first quarter ended December 31, 2022 results: revenue $86.0 million, net income $0.2 million, EPS $0.37. Guidance reaffirmed.
  - Period: fiscal first quarter ended December 31, 2022
  - Revenue: $86.0 million
  - Net income: $0.2 million
  - EPS: $0.37
  - Guidance: reaffirmed
  - Result: reported results
  source text: today reported its financial results for the fiscal first quarter ended December 31, 2022. Highlights for the fiscal first quarter ended December 31, 2022 vs. 2021 • Revenue was $86.0 million, an increase of 16.4% over the prior year's first quarter. • Net income was $0.2 million, compared to net loss of $3.7 million in the prior year's first quarter. • Net loss
  evidence_url: https://www.sec.gov/Archives/edgar/data/1728688/000172868823000015/0001728688-23-000015-index.htm

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