i3 Verticals beats Q4 revenue estimates

i3 Verticals

17/11/2025 22:45

Overview

I3 Verticals Q4 revenue grows 7% yr/yr, beating analysts' expectations

Net income from continuing operations falls significantly from last year

Adjusted EBITDA decreases 1.5% yr/yr

Outlook

Company projects 2026 revenue between $217 mln and $232 mln

i3 Verticals expects 2026 adjusted EBITDA of $58.5 mln to $65 mln

Company anticipates 2026 adjusted EPS between $1.06 and $1.16

Result Drivers

SAAS REVENUE GROWTH - Co reported 23% increase in SaaS revenue, contributing to overall revenue growth

NEW CONTRACT - Co secured a contract with the Supreme Court of Appeals of West Virginia for case management software

NET INCOME - Co set aside $1.99 mln as provision for income taxes, impacting net income from continuing operations

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$54.9 mln
$53.68 mln (5 Analysts)
Q4 Net Income
$4.2 mln
Q4 Pretax Profit
$3.5 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the financial technology (fintech) peer group is "buy"

Wall Street's median 12-month price target for I3 Verticals Inc is $39.00, about 26% above its November 14 closing price of $28.85

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nBwbDDrCfa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)