i3 Verticals, Inc.
For the period ended Jun 30, 2026. Filed Aug 7, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 7, 2026
IIIV$19.31+1.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statement of Changes in Equity
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED)
| Class A Common Stock · Class B Common Stock · Additional Paid-In Capital · Retained Earnings · Non-Controlling Interest · Total Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balance at September 30, 2025 | 23,983,125 | $2 | 8,381,681 | $1 | $271,310 | $118,270 | $128,140 | $517,723 |
| Equity-based compensation | — | — | — | — | 5,178 | — | — | 5,178 |
| Net income | — | — | — | — | — | 484 | 463 | 947 |
| Distributions to non-controlling interest holders | — | — | — | — | — | — | 93 | 93 |
| Exercise or release of equity-based awards | 149,250 | — | — | — | (2,283) | — | — | (2,283) |
| Repurchases of Class A common stock | (1,522,838) | — | — | — | (38,317) | — | — | (38,317) |
| Allocation of equity to non-controlling interests | — | — | — | — | 3,861 | — | (3,861) | — |
| Balance at December 31, 2025 | 22,609,537 | 2 | 8,381,681 | 1 | 239,749 | 118,754 | 124,835 | 483,341 |
| Equity-based compensation | — | — | — | — | 4,619 | — | — | 4,619 |
| Net income | — | — | — | — | — | 1,464 | 730 | 2,194 |
| Distributions to non-controlling interest holders | — | — | — | — | — | — | 29 | 29 |
| Exercise or release of equity-based awards | 152,591 | — | — | — | (968) | — | — | (968) |
| Repurchases of Class A common stock | (2,220,736) | — | — | — | (50,979) | — | — | (50,979) |
| Allocation of equity to non-controlling interests | — | — | — | — | 4,739 | — | (4,739) | — |
| Balance at March 31, 2026 | 20,541,392 | 2 | 8,381,681 | 1 | 197,160 | 120,218 | 120,855 | 438,236 |
| Equity-based compensation | — | — | — | — | 5,136 | — | — | 5,136 |
| Net income | — | — | — | — | — | 3,482 | 2,179 | 5,661 |
| Exercise of equity-based awards | 13,021 | — | — | — | (115) | — | — | (115) |
| Repurchases of Class A common stock | (2,312,558) | — | — | — | (48,588) | — | — | (48,588) |
| Allocation of equity to non-controlling interests | — | — | — | — | 3,251 | — | (3,251) | — |
| Balance at June 30, 2026 | 18,241,855 | $2 | 8,381,681 | $1 | $156,844 | $123,700 | $119,783 | $400,330 |
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) (CONTINUED)
| Class A Common Stock · Class B Common Stock · Additional Paid-In Capital · Retained Earnings (Deficit) · Non-Controlling Interest · Total Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balance at September 30, 2024 | 23,882,035 | $2 | 10,032,676 | $1 | $279,335 | $100,397 | $135,624 | $515,359 |
| Equity-based compensation | — | — | — | — | 3,814 | — | — | 3,814 |
| Net income | — | — | — | — | — | 2,056 | 1,052 | 3,108 |
| Redemption of common units in i3 Verticals, LLC | 17,577 | — | (17,577) | — | 237 | — | (237) | — |
| Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis | — | — | — | — | 14 | — | — | 14 |
| Exercise or release of equity-based awards | 34,423 | — | — | — | 29 | — | — | 29 |
| Repurchases of Class A common stock | (496,785) | — | — | — | (11,190) | — | — | (11,190) |
| Allocation of equity to non-controlling interests | — | — | — | — | 293 | — | (293) | — |
| Balance at December 31, 2024 | 23,437,250 | 2 | 10,015,099 | 1 | 272,532 | 102,453 | 136,146 | 511,134 |
| Equity-based compensation | — | — | — | — | 3,932 | — | — | 3,932 |
| Net (loss) income | — | — | — | — | — | (154) | 923 | 769 |
| Adjustments to accrued distributions to non-controlling interest holders | — | — | — | — | — | — | 283 | 283 |
| Redemption of common units in i3 Verticals, LLC | 813,782 | — | (813,782) | — | 11,493 | — | (11,493) | — |
| Recapitalization from contribution to i3 Verticals, LLC | — | — | (369,256) | — | (5,689) | — | 5,689 | — |
| Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis | — | — | — | — | 143 | — | — | 143 |
| Exercise or release of equity-based awards | 149,328 | — | — | — | (2,179) | — | — | (2,179) |
| Repurchases of Class A common stock | (13,370) | — | — | — | (423) | — | — | (423) |
| Allocation of equity to non-controlling interests | — | — | — | — | 3,063 | — | (3,063) | — |
| Balance at March 31, 2025 | 24,386,990 | 2 | 8,832,061 | 1 | 282,872 | 102,299 | 128,485 | 513,659 |
| Equity-based compensation | — | — | — | — | 7,396 | — | — | 7,396 |
| Net income | — | — | — | — | — | 12,882 | 5,543 | 18,425 |
| Distributions to non-controlling interest holders | — | — | — | — | — | — | (630) | (630) |
| Redemption of common units in i3 Verticals, LLC | 368,857 | — | (368,857) | — | 5,340 | — | (5,340) | — |
| Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis | — | — | — | — | 281 | — | — | 281 |
| Exercise of equity-based awards | 88,794 | — | — | — | (1,644) | — | — | (1,644) |
| Repurchases of Class A common stock | (1,063,726) | — | — | — | (26,366) | — | — | (26,366) |
| Allocation of equity to non-controlling interests | — | — | — | — | 232 | — | (232) | — |
| Balance at June 30, 2025 | 23,780,915 | $2 | 8,463,204 | $1 | $268,111 | $115,181 | $127,826 | $511,121 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.