Quarterly ResultMay 7, 2026, 04:45 PM
i3 Verticals Q2 Revenue $57.5M, +6.2%; Revises FY26 Outlook
AI Summary
i3 Verticals, Inc. reported its fiscal second quarter 2026 financial results, with revenue from continuing operations increasing 6.2% to $57.5 million and adjusted EBITDA growing 4.7% to $16.6 million. Net income attributable to i3 Verticals, Inc. also saw an increase to $1.5 million. The company also provided a revised outlook for the fiscal year ending September 30, 2026, slightly adjusting down its revenue and adjusted EBITDA guidance, while slightly shifting its adjusted diluted EPS range.
Key Highlights
- Q2 2026 revenue from continuing operations increased 6.2% to $57.5 million.
- Q2 2026 net income from continuing operations attributable to i3 Verticals, Inc. rose to $1.5 million from $1.0 million.
- Q2 2026 adjusted EBITDA from continuing operations grew 4.7% to $16.6 million.
- Q2 2026 diluted net income per share from continuing operations was $0.07, up from $0.04.
- Annualized Recurring Revenue (ARR) for Q2 2026 increased 11.6% to $183.5 million.
- Fiscal year 2026 revenue outlook revised to $221.0M - $229.0M (from $223.0M - $234.0M).
- Fiscal year 2026 adjusted EBITDA outlook revised to $61.0M - $65.0M (from $61.0M - $66.5M).
- Fiscal year 2026 adjusted diluted EPS outlook revised to $1.09 - $1.15 (from $1.08 - $1.16).