i3 Verticals, Inc. (IIIV) quarterly cash flow statement — complete operating, investing & financing history
i3 Verticals, Inc. (IIIV) cash flow statement — 10-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 14.26M | 10.03M | 14.12M | 13.97M | 7.35M | -27.12M | 11.49M | 15.14M | 8.12M | 10.74M | 14.4M | 4.88M | 486K | 7.35M | 18.18M | 10.01M | 4.63M | 9.3M | 21.91M | 10.69M |
| Operating CF Margin % | 26.88% | 17.43% | 26.81% | 25.45% | 14.16% | -43.01% | 18.63% | 24.88% | 14.49% | 18.53% | 26.17% | 5.06% | 0.85% | 7.83% | 21.13% | 11.74% | 5.74% | 11.91% | 29.63% | 15.06% |
| Operating CF Growth % | 94.04% | 136.97% | 22.86% | -7.75% | -9.46% | -352.49% | -20.2% | 210.31% | 1570.58% | 46.15% | -20.76% | -51.23% | -89.5% | -20.99% | -17.03% | -6.42% | -62.09% | -21.96% | 83.29% | -21.57% |
| Net Income | 5.66M | 2.19M | 947K | 4.2M | 18.43M | 769K | 3.11M | 178.54M | -8.3M | 1.88M | 1.54M | 3.45M | -6.08M | -192K | 169K | -4.41M | -4.69M | -10.44M | -3.68M | 930K |
| Depreciation & Amortization | 7.35M | 7.7M | 6.87M | 7.05M | 7.26M | 7.84M | 7.68M | 7.58M | 10.06M | 10.07M | 9.74M | 9.61M | 9.16M | 9.02M | 8.68M | 7.6M | 7.51M | 7.45M | 6.87M | 6.48M |
| Stock-Based Compensation | 5.14M | 4.62M | 5.18M | 3.2M | 7.4M | 3.93M | 3.81M | 8.95M | 5.1M | 5.02M | 6.51M | 7.03M | 7.2M | 6.8M | 6.85M | 6.55M | 6.8M | 6.26M | 6.62M | 8.17M |
| Deferred Taxes | 983K | 796K | -71K | 1.33M | 1.78M | 2.57M | -715K | -3.64M | 5.32M | -1.42M | 182K | -7.79M | 2.07M | -563K | 355K | 3.74M | -1.81M | 884K | -228K | 129K |
| Other Non-Cash Items | -6.67M | 1.91M | 905K | 330K | -24.58M | 1.54M | 2.14M | -203.95M | -1.9M | 1.26M | -44K | -3.23M | 1.05M | 3.61M | 157K | -4.82M | 4.08M | 13.95M | 4.29M | 3.87M |
| Working Capital Changes | 1.8M | -7.2M | 299K | -2.15M | -2.94M | -43.78M | -4.54M | 27.66M | -2.16M | -6.07M | -3.52M | -4.18M | -12.91M | -11.32M | 1.98M | 1.34M | -7.26M | -8.79M | 8.03M | -8.88M |
| Change in Receivables | -2.8M | -7.45M | 10.26M | -9.37M | 1.93M | -1.33M | 1.35M | 2.01M | 2.06M | 10.84M | -5.32M | -10.62M | -3.54M | -2.37M | 8.87M | -10.97M | -1.96M | -2.22M | -628K | -8.08M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 221K | -8.61M |
| Change in Payables | 2.62M | -482K | -2.14M | 1.68M | 343K | -2.83M | 1.81M | -2.82M | -1.31M | 2.62M | -1.73M | 2.79M | 373K | -537K | -947K | 1.29M | -1.25M | 1.07M | 419K | 2.69M |
| Cash from Investing | -3.46M | -62.83M | -1.83M | -2.32M | 82.45M | -2.26M | -1.42M | 412.9M | -4.39M | -5.2M | -7.17M | -6.11M | -4.29M | -16.6M | -94.53M | -3.69M | -9.75M | -37.24M | -62.35M | 631K |
| Capital Expenditures | -1.31M | -407K | -2.28M | -2.32M | 2.29M | -2.29M | -2.88M | -530K | -4.38M | -5.17M | -3.8M | -4.35M | -4.32M | -3.54M | -4.16M | -3.84M | -3.32M | -2.93M | -2.35M | -2.25M |
| CapEx % of Revenue | 2.47% | 0.71% | 4.33% | 4.22% | 4.42% | 3.64% | 4.67% | 0.87% | 7.83% | 8.93% | 6.9% | 4.51% | 7.55% | 3.78% | 4.83% | 4.51% | 4.12% | 3.75% | 3.18% | 3.17% |
| Acquisitions | 0 | -60M | 448K | -96.1M | -11M | 38K | 1.46M | 417.06M | 0 | 0 | -1.1M | -1K | 4.32M | -12.5M | -89.5M | -60M | -6.4M | -34.31M | -60M | -2.46M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -2.15M | -2.42M | 0 | 96.1M | 91.15M | 0 | 0 | -2.84M | 370K | 1.31M | 607K | 566K | -4.32M | -425K | -802K | 60.2M | -30K | 0 | 0 | 4.56M |
| Cash from Financing | -15.48M | 23.74M | -40.45M | -131K | -44.25M | -49.56M | -10.47M | -352.15M | 2.67M | -9.34M | -8.55M | -6.58M | 1.67M | 7.24M | 76.92M | -12.66M | 7.93M | 28.54M | 49.22M | -13.42M |
| Debt Issued (Net) | 33.28M | 81M | 0 | -7K | -12.25M | -14.22M | 0 | -351.4M | 5.18M | -5.93M | -6.72M | -4.89M | 2.51M | 7.89M | 77.98M | -22.39M | 19.08M | 28.82M | 55.11M | -13.43M |
| Equity Issued (Net) | -48.11M | -50.85M | -37.81M | 150K | -26.11M | -308K | -11.04M | -29K | 25K | -433K | -119K | 26K | 50K | 50K | 54K | 17.77M | 400K | 43K | 174K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -48.11M | -50.85M | -37.94M | 0 | -26.11M | -308K | -11.19M | -29K | 0 | 119K | -119K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -645K | -6.41M | -2.64M | -274K | -5.9M | -35.03M | 573K | -718K | -2.54M | -2.98M | -1.71M | -1.68M | -891K | -699K | -1.03M | -8.04M | -11.55M | -317K | -6.06M | 18K |
| Net Change in Cash | -4.67M | -30.38M | -29.15M | 11.52M | 47.8M | -78.94M | -973K | 76.78M | 6.61M | -1.02M | 1.05M | -7.8M | -2.13M | -2.01M | 574K | -6.35M | 2.8M | 602K | 8.78M | -2.09M |
| Free Cash Flow | 12.95M | 9.62M | 13.81M | 13.54M | 12.53M | -29.42M | 8.61M | 11.84M | 4.11M | 9.9M | 10.61M | 529K | -3.83M | 3.81M | 14.02M | 6.16M | 1.3M | 6.37M | 19.56M | 8.44M |
| FCF Margin % | 24.41% | 16.73% | 26.22% | 24.67% | 24.14% | -46.65% | 13.96% | 19.45% | 7.33% | 17.09% | 19.26% | 0.55% | -6.7% | 4.05% | 16.3% | 7.23% | 1.62% | 8.16% | 26.45% | 11.89% |
| FCF Growth % | 3.41% | 132.7% | 60.3% | 14.4% | 205.16% | -397.02% | -18.78% | 2138.19% | 207.04% | 160.22% | -24.35% | -91.42% | -393.87% | -40.28% | -28.31% | -27% | -87.07% | -35.08% | 91.36% | -28.12% |
| FCF per Share | 0.66 | 0.31 | 0.55 | 0.40 | 0.49 | -1.22 | 0.35 | 0.47 | 0.18 | 0.42 | 0.46 | 0.02 | -0.17 | 0.16 | 0.61 | 0.27 | 0.06 | 0.29 | 0.89 | 0.26 |
| FCF Conversion (FCF/Net Income) | 4.10x | 6.85x | 29.18x | 4.52x | 0.57x | 176.12x | 5.59x | 0.13x | -1.08x | 5.72x | 13.12x | 1.07x | -0.09x | 204.17x | -75.75x | -2.88x | -1.24x | -1.26x | -8.67x | 10.87x |
| Interest Paid | 1.59M | 727K | 165K | -763K | 323K | 381K | 59K | 7.72M | 7.67M | 7.92M | 6.19M | 6.99M | 4.22M | 5.99M | 4.28M | 3.56M | 1.96M | 2.1M | 1.37M | 1.63M |
| Taxes Paid | 200K | 2.14M | 870K | -35.11M | 955K | 34.11M | 50K | 346K | 1.61M | 4.99M | 388K | 1.3M | 512K | 1.25M | 172K | 244K | 247K | 32K | 556K | 7K |