i3 Verticals Q3 FY26 net income from continuing operations swings to profit of $5.9 million; revenue rises 2.2% to $53.1 million

Reuters2026/08/06 22:13

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i3 Verticals posted fiscal Q3 net income from continuing operations of USD 5.9 million, swinging from a loss, as revenue rose 2.2% to USD 53.1 million.
Adjusted EBITDA from continuing operations increased 4.6% to USD 13.3 million; adjusted EBITDA margin widened 0.6 percentage points to 25.1%.
Annualized recurring revenue from continuing operations grew 8.3% to USD 174.1 million; it went live with four material statewide services in Transportation.
Greg Daily said results missed expectations on weakness in certain non-recurring revenue streams and implementation delays; he cited share repurchases topping 20% since October 2024.
Cut fiscal 2026 outlook to revenue of USD 216 million-USD 221 million, adjusted EBITDA of USD 57 million-USD 60 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. i3 Verticals Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260806718635) on August 06, 2026, and is solely responsible for the information contained therein.

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