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i3 Verticals (IIIV) operating margin by quarter

i3 Verticals' operating margin was 6.5% in Q2 FY26 (second quarter fiscal 2026), +3.5 pts from Q1 FY26. Over the last 5 quarters it ranged from 2.7% (Q4 FY25) to 7.3% (Q2 FY25).

i3 Verticals operating margin by quarteri3 Verticals operating margin by quarter5.6%Q4 FY247.3%Q2 FY252.7%Q4 FY253.1%Q1 FY266.5%Q2 FY26
QuarterOperating marginQ/QY/Y
Q2 FY266.5%+3.5 pts-0.8 pts
Q1 FY263.1%+0.4 pts—
Q4 FY252.7%-4.6 pts-2.9 pts
Q2 FY257.3%+1.7 pts—
Q4 FY245.6%——

Q2 FY26 at a glance

i3 Verticals, Q2 FY26: revenue $57.5M (+6% year over year), operating margin 6.5%, net earnings $1.5M, operating cash flow $10.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is i3 Verticals' operating margin?

i3 Verticals' operating margin was 6.5% in Q2 FY26 (second quarter fiscal 2026), +3.5 pts from Q1 FY26.

How has i3 Verticals' operating margin changed?

Over the last 5 quarters it ranged from 2.7% (Q4 FY25) to 7.3% (Q2 FY25).

Q2 FY26 results → · How i3 Verticals makes money →