i3 Verticals Q3 FY26: Net income -80% to $3.5M on below-the-line factors as revenue +2%

Filed August 7, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 8, 2025 · ~1 min read

Key Changes

• high

  Net income (to common) fell 79.6% to $3.5M despite operating loss narrowing 81.5% to -$892K; the net-income decline did not come from operations. Net income exceeded operating income, indicating a net below-the-line contribution this period, though the filing does not disclose the specific driver.

  Key Financials / MD&A view on EDGAR →
• high

  S&S cybersecurity litigation escalated: plaintiffs' sealed Second Amended Petition seeks damages materially exceeding the original $22M claim. Class certification hearing scheduled for September 28, 2026 after two reschedules.

  Notes: Legal Proceedings verify on EDGAR →
• high

  Board approved a new $50M share repurchase program on May 8, 2026, replacing the prior program that terminated the same day. The new program runs through September 30, 2026 or until the authorization is exhausted.

  Notes: Stockholders' Equity verify on EDGAR →