i3 Verticals, Inc. filings document the public-company reporting record for a Nasdaq-listed public-sector software provider. Form 8-K reports furnish quarterly and annual operating results, financial condition information and Regulation FD supplemental presentations tied to continuing operations and recurring-revenue metrics.
The company’s proxy and annual meeting disclosures cover board elections, auditor ratification, executive compensation matters and stockholder voting for Class A and Class B common stock. Other filings and current reports address capital-structure actions such as Class A common stock repurchase programs, governance changes and material events affecting the company’s reporting obligations.
i3 Verticals, Inc. (IIIV) is the issuer named in Amendment No. 5 to a Schedule 13G reporting that Geneva Capital Management LLC beneficially owns 0 shares of the company’s Class A common stock, or 0.0% of the class. The ownership table also reports zero sole and shared voting power and zero sole and shared dispositive power.
i3 Verticals, Inc.’s subsidiary, i3 Verticals, LLC, replaced its prior credit agreement with an amended and restated agreement providing $350 million in aggregate commitments under a senior secured revolving credit facility. The subsidiary may seek additional term-loan facilities or revolving commitments up to the sum of the greater of $100 million and 100% of consolidated EBITDA for its most recently completed four-quarter period, plus certain prepayments of certain indebtedness. Those additional commitments are subject to specified conditions and receipt of commitments from existing or additional lenders.
Revolver proceeds may fund working capital, capital expenditures and other lawful corporate purposes. Borrowings may bear the base rate or Term SOFR Rate, plus a leverage-based margin; the base rate has a 1% floor, and the commitment fee ranges from 0.125% to 0.275% based on leverage. i3 Verticals, Inc. and specified subsidiaries guarantee the obligations, which are secured by first-priority interests in substantially all tangible and intangible assets of the borrower, parent and subsidiary guarantors. Quarterly covenants require interest coverage of at least 3.00 to 1.00 and total net leverage no higher than 4.00 to 1.00.
Forager Fund, L.P., its general partner Forager Capital Management, LLC, Edward Kissel (identified as a director in a signature block) and Robert MacArthur (identified as a managing partner) reported aggregate beneficial ownership of 1,106,474 shares of i3 Verticals, Inc. (IIIV) Class A common stock, or 6.1%. The ownership percentage is based on 18,019,748 shares outstanding as of August 6, 2026. Forager Fund and its general partner each reported sole voting and dispositive power over the shares; Kissel and MacArthur each reported shared voting and dispositive power over the same 1,106,474 shares.
i3 Verticals, Inc. (IIIV) reported that Chief Financial Officer Geoffrey C. Smith had 1,476 shares of Class A common stock withheld on September 20, 2026 to cover tax liabilities associated with vesting equity awards. Following this tax-withholding event, he directly held 54,819 shares of Class A common stock.
The withheld shares related to the vesting of 3,750 restricted stock units that were originally granted on September 20, 2024, and no Rule 10b5-1 trading plan is reported for this transaction.
Crosslink Capital, Inc. and Michael J. Stark report beneficial ownership of i3 Verticals, Inc. Class A common stock on a Schedule 13G. As of June 30, 2026, funds advised by Crosslink beneficially owned 1,117,986 shares, representing 5.7% of the Class A common stock.
All 1,117,986 shares are reported with shared voting and dispositive power and no sole power. Stark is the control person of Crosslink. The ownership percentage is based on 19,549,833 shares outstanding as of May 7, 2026.
North Reef Capital Management LP, together with North Reef Capital Management GP LLC and James Hanna, III, reports beneficial ownership of 1,075,000 shares of i3 Verticals, Inc. Class A common stock. This represents 5.50% of the class. The group has shared voting and dispositive power over all 1,075,000 shares and no sole voting or dispositive power.
Punch & Associates Investment Management, Inc. reported beneficial ownership of 1,099,486 shares of i3 Verticals, Inc. common stock. This represents 5.6% of the class. Punch & Associates has sole voting power and sole dispositive power over all of these shares, with no shared voting or dispositive authority.
William Blair Investment Management, LLC filed an amended Schedule 13G indicating it no longer holds a reportable position in i3 Verticals, Inc. common stock. The filer reports 0 shares beneficially owned, representing 0.0% of the class, with no sole or shared voting or dispositive power.
The filing states that William Blair Investment Management, LLC now has ownership of 5 percent or less of i3 Verticals’ common stock, confirming the complete absence of beneficial ownership as of the report.
i3 Verticals, Inc. generated third‑quarter 2026 revenue from continuing operations of $53,067, up from $51,901 a year earlier. Income from continuing operations attributable to the company improved to $3,620 from a loss of $410, and for the nine months ended June 30, 2026 rose to $5,660 from $2,464.
Total net income attributable to i3 Verticals, Inc., including discontinued operations, was $3,482 for the quarter and $5,430 year‑to‑date, below the prior year’s $12,882 and $14,784, which had included large gains on the 2025 divestiture of the Healthcare RCM Business.
Operating cash flow strengthened to $38,414 for the nine‑month period, compared with $8,276 used in the prior year. Cash and cash equivalents declined to $2,647 as the company completed a $60,000 acquisition in the transportation market and repurchased 6,056,132 Class A shares for $137,884, funded in part by drawing $114,276 on its revolving credit facility. Goodwill increased to $282,284, and long‑lived intangible assets to $153,599, reflecting recent acquisitions.
i3 Verticals, Inc. reported fiscal third-quarter 2026 results for the three months ended June 30, 2026. Revenue from continuing operations was $53.1 million, up 2.2% year over year. Net income from continuing operations was $5.9 million, compared with a $1.0 million loss a year earlier; net income from continuing operations attributable to i3 Verticals, Inc. was $3.6 million, with diluted EPS from continuing operations of $0.19 versus a $0.03 loss. Results reflect continuing operations after the sales of the Merchant Services and Healthcare RCM businesses, with prior periods recast.
Adjusted EBITDA from continuing operations was $13.3 million, up 4.6%, and represented an adjusted EBITDA margin of 25.1%. Annualized Recurring Revenue from continuing operations reached $174.1 million, an 8.3% increase. Management stated the quarter came in below internal expectations due to weakness in certain non-recurring revenue streams and implementation delays but highlighted the go-live of four material statewide transportation services. The company noted it has repurchased more than 20% of outstanding shares under repurchase programs since October 2024 and revised its fiscal 2026 outlook to revenue of $216,000–$221,000 thousand, adjusted EBITDA of $57,000–$60,000 thousand, and adjusted diluted EPS of $1.08–$1.12.