---
schema_version: "secwatch.filing_event.v1"
accession: "0001728688-23-000036"
form_type: "8-K"
ticker: "IIIV"
cik: "0001728688"
company_name: "i3 Verticals, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:22:00.945773+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# i3 Verticals Q3 revenue $93.9M, up 16.6% YoY; adjusted EBITDA $25.3M, up 26%

## Summary
- Revenue $93.9M, +16.6% YoY; net loss $6.1M vs $4.7M loss prior year.
- Adjusted EBITDA $25.3M, 26.9% margin vs 24.9% prior; ARR $311.4M (+16.8%).
- Software & related services 50.3% of revenue; SaaS revenue grew 20% YoY.
- Reaffirms FY2023 guidance: revenue $360-380M, adj. EBITDA $97-103M.
- Secured two new state-level contracts in Public Sector (Justice Tech & Transportation).

## SEC filing metadata
- accession: 0001728688-23-000036
- form_type: 8-K
- ticker: IIIV
- cik: 0001728688
- company_name: i3 Verticals, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1728688/000172868823000036/0001728688-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1728688/000172868823000036/iiiv-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001728688-23-000036
- JSON: https://secwatch.observer/filing/0001728688-23-000036.json
- Plain text: https://secwatch.observer/filing/0001728688-23-000036.txt

## Key facts
- Earnings Releases
  i3 Verticals, Inc. reported the nine months ended June 30, 2023 results: revenue $273.8 million, net income $6.1 million, EPS $0.23. Guidance reaffirmed.
  - Period: the nine months ended June 30, 2023
  - Revenue: $273.8 million
  - Net income: $6.1 million
  - EPS: $0.23
  - Guidance: reaffirmed
  - Result: reported results
  source text: Revenue for the nine months ended June 30, 2023, was $273.8 million, an increase of 17.7% over the prior year's first nine months.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1728688/000172868823000036/0001728688-23-000036-index.htm
- Earnings Releases
  i3 Verticals, Inc. reported the fiscal third quarter ended June 30, 2023 results: revenue $93.9 million, net income $6.1 million, EPS $0.22. Guidance reaffirmed.
  - Period: the fiscal third quarter ended June 30, 2023
  - Revenue: $93.9 million
  - Net income: $6.1 million
  - EPS: $0.22
  - Guidance: reaffirmed
  - Result: reported results
  source text: results for the fiscal third quarter ended June 30, 2023. Highlights for the fiscal third quarter and nine months ended June 30, 2023 vs. 2022 • Third quarter revenue was $93.9 million, an increase of 16.6% over the prior year's third quarter. Revenue for the nine months ended June 30, 2023, was $273.8 million, an increase of 17.7% over the prior year's first
  evidence_url: https://www.sec.gov/Archives/edgar/data/1728688/000172868823000036/0001728688-23-000036-index.htm

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