i3 Verticals Inc. reports revenue of $213.2 million and net income of $113.3 million for fiscal year 2025
i3 Verticals Inc. reported revenue of $213.2 million for the year ended September 30, 2025, an increase of $21.9 million or 11.5% from $191.2 million in the prior year. The revenue growth was driven by $8.4 million in recurring revenues and $2.4 million from acquisitions, partially offset by decreases in software license and professional services revenue. Net income attributable to i3 Verticals Inc. was $17.9 million for the year, compared to $113.3 million in the previous year, reflecting a decrease of $95.5 million. The company reported net income from discontinued operations of $14.2 million for the year, down from $124.2 million a year earlier, following the sale of the Merchant Services business, which included a gain of $205.6 million and an income tax provision of $41.1 million.
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