The earnings call presented a generally positive outlook with significant revenue growth, successful divestitures, and strong financial positioning. The strategic focus on public sector software and AI implementation were highlighted as key strengths. However, challenges such as variability in license sales and expected deceleration in organic growth due to past high license sales were noted.

Company Guidance

During the i3 Verticals Third Quarter 2025 Earnings Conference Call, the company provided guidance for the fiscal year 2025, projecting revenues between $207 million and $217 million, with adjusted EBITDA ranging from $55 million to $61 million. The guidance also anticipates adjusted diluted earnings per share from continuing operations to be between $0.96 and $1.06. The company reported a 12% increase in revenue for the third quarter compared to the prior year, with SaaS revenue growing at 24%. The balance sheet remains strong, boasting a net cash positive position of over $50 million and a revolving credit facility with a capacity of up to $400 million. The company plans to maintain disciplined investments in government technology and product development, with a focus on long-term growth and value creation.

Divestiture Success

Successfully completed divestiture of healthcare revenue cycle management business, streamlining focus on public sector software.

Revenue Growth

Revenue grew 12% year-on-year in the third quarter, with SaaS revenue increasing by 24%.

Strong Financial Position

Net cash positive over $50 million and a revolving credit facility with capacity up to $400 million.

Recurring Revenue

77% of revenues came from recurring sources, with SaaS revenue growing 24%, payments revenue 11%, and transaction-based revenue 9%.

Adjusted EBITDA Growth

Adjusted EBITDA increased 18% to $12.7 million, with EBITDA margin improving from 23.3% to 24.5%.

AI Implementation

Implemented AI tools like Agentch AI for data extraction and AI chatbots to enhance customer service.

Justice Tech Market Success

In final contract negotiations for a statewide solution and expanding presence in Ohio.

Strategic Focus

Focused approach in public sector markets like transportation, Justice Tech, ERP, and education showing positive impact in sales.

I3 Verticals (IIIV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

IIIV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 20, 2025	2025 (Q4)	0.24 / -	0.15	―	―	―
Aug 07, 2025	2025 (Q3)	0.20 / 0.23	0.07	228.57% (+0.16)
May 08, 2025	2025 (Q2)	0.30 / 0.32	0.34	-5.88% (-0.02)
Feb 06, 2025	2025 (Q1)	0.26 / 0.22	0.36	-38.61% (-0.14)
Nov 19, 2024	2024 (Q4)	0.17 / 0.15	0.4	-62.50% (-0.25)
Aug 08, 2024	2024 (Q3)	0.35 / 0.07	0.38	-81.58% (-0.31)
May 10, 2024	2024 (Q2)	0.38 / 0.34	0.38	-10.53% (-0.04)
Feb 08, 2024	2024 (Q1)	0.36 / 0.36	0.37	-2.70% (-0.01)
Nov 15, 2023	2023 (Q4)	0.40 / 0.40	0.39	2.56% (+0.01)
Aug 08, 2023	2023 (Q3)	0.37 / 0.38	0.37	2.70% (+0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

IIIV Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$28.50	$31.71	+11.26%
May 08, 2025	$26.90	$25.66	-4.61%
Feb 06, 2025	$25.68	$28.22	+9.89%
Nov 19, 2024	$24.40	$23.19	-4.96%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does I3 Verticals (IIIV) report earnings?

I3 Verticals (IIIV) is schdueled to report earning on Nov 20, 2025, After Close (Confirmed).

What is I3 Verticals (IIIV) earnings time?

I3 Verticals (IIIV) earnings time is at Nov 20, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is IIIV EPS forecast?

IIIV EPS forecast for the fiscal quarter 2025 (Q4) is 0.24.

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