i3 Verticals, Inc.IIIVNASDAQ
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Cost of Revenue Over TimeStable
Percentile Rank50
3Y CAGR+17.1%
5Y CAGR+8.8%
Studio
Year-over-Year Change

Direct costs attributable to producing goods sold

3Y CAGR
+17.1%/yr
vs -33.9%/yr prior
5Y CAGR
+8.8%/yr
Recent acceleration
Acceleration
+51.0pp
Accelerating
Percentile
P50
Within normal range
vs 5Y Ago
1.5x
Solid growth
Streak
1 yr
Consecutive declineStable
PeriodValueYoY Change
TTM$88.12M-6.7%
2025$94.49M+408.7%
2024$18.57M-66.1%
2023$54.81M+327.1%
2022$12.83M-77.8%
2021$57.71M+22.2%
2020$47.23M-83.5%
2019$287.10M+12.7%
2018$254.86M+17.0%
2017$217.91M-