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Summary of Significant Accounting Policies - Impact and Adoption of ASU 2021-08 (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Sep. 30, 2021
Assets      
Goodwill $ 349,597 $ 222,905 $ 292,243
Deferred tax asset 50,647   49,992
Current liabilities      
Deferred revenue 35,321   29,862
Stockholders' equity      
Additional paid-in capital 216,604   211,237
Accumulated deficit (9,008)   (6,480)
Non-controlling interest 85,454   84,831
Revenue 73,939 44,621 [1]  
Benefit from income taxes (228) (10) [1]  
Net loss (3,681) (3,022) [1],[2],[3],[4]  
Net loss attributable to non-controlling interest (1,153) (1,024) [1]  
Net loss attributable to i3 Verticals, Inc. $ (2,528) $ (1,998) [1]  
Net loss per share attributable to Class A common stockholders:      
Basic (in USD per share) $ (0.11) $ (0.10) [1],[5]  
Diluted net loss per share (in USD per Share) $ (0.11) $ (0.10) [1]  
Statement of Stockholders' Equity [Abstract]      
Net loss $ (3,681) $ (3,022) [1],[2],[3],[4]  
Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis 345 1,162 [2]  
Balance at December 31, 2020 207,599   $ 204,760
Cash flows from operating activities:      
Net loss (3,681) (3,022) [1],[2],[3],[4]  
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Benefit from deferred income taxes (228) (10) [3],[4]  
Changes in operating liabilities:      
Deferred revenue 5,439 6,563 [3],[4]  
Other long-term liabilities $ 1 6,037 [3],[4]  
As reported      
Assets      
Goodwill   219,912  
Deferred tax asset   44,966  
Current liabilities      
Deferred revenue   23,868  
Stockholders' equity      
Additional paid-in capital   169,097  
Accumulated deficit   (4,595)  
Non-controlling interest   76,928  
Revenue   43,313  
Benefit from income taxes   (219)  
Net loss   (4,121)  
Net loss attributable to non-controlling interest   (1,549)  
Net loss attributable to i3 Verticals, Inc.   $ (2,572)  
Net loss per share attributable to Class A common stockholders:      
Basic (in USD per share)   $ (130)  
Diluted net loss per share (in USD per Share)   $ (130)  
Statement of Stockholders' Equity [Abstract]      
Net loss   $ (4,121)  
Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis   1,257  
Balance at December 31, 2020   241,433  
Cash flows from operating activities:      
Net loss   (4,121)  
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Benefit from deferred income taxes   (219)  
Changes in operating liabilities:      
Deferred revenue   7,870  
Other long-term liabilities   6,038  
Accounting Standards Update 2021-08      
Assets      
Goodwill   222,905  
Deferred tax asset   44,663  
Current liabilities      
Deferred revenue   25,554  
Stockholders' equity      
Additional paid-in capital   169,066  
Accumulated deficit   (4,021)  
Non-controlling interest   77,389  
Revenue   44,621  
Benefit from income taxes   (10)  
Net loss   (3,022)  
Net loss attributable to non-controlling interest   (1,024)  
Net loss attributable to i3 Verticals, Inc.   $ (1,998)  
Net loss per share attributable to Class A common stockholders:      
Basic (in USD per share)   $ (100)  
Diluted net loss per share (in USD per Share)   $ (100)  
Statement of Stockholders' Equity [Abstract]      
Net loss   $ (3,022)  
Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis   1,162  
Balance at December 31, 2020   242,437  
Cash flows from operating activities:      
Net loss   (3,022)  
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Benefit from deferred income taxes   (10)  
Changes in operating liabilities:      
Deferred revenue   6,563  
Other long-term liabilities   6,037  
Accounting Standards Update 2021-08 | Adjustment      
Assets      
Goodwill   2,993  
Deferred tax asset   (303)  
Current liabilities      
Deferred revenue   1,686  
Stockholders' equity      
Additional paid-in capital   (31)  
Accumulated deficit   574  
Non-controlling interest   461  
Revenue   1,308  
Benefit from income taxes   209  
Net loss   1,099  
Net loss attributable to non-controlling interest   525  
Net loss attributable to i3 Verticals, Inc.   $ 574  
Net loss per share attributable to Class A common stockholders:      
Basic (in USD per share)   $ 30.00  
Diluted net loss per share (in USD per Share)   $ 30.00  
Statement of Stockholders' Equity [Abstract]      
Net loss   $ 1,099  
Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis   (95)  
Balance at December 31, 2020   1,004  
Cash flows from operating activities:      
Net loss   1,099  
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Benefit from deferred income taxes   209  
Changes in operating liabilities:      
Deferred revenue   (1,307)  
Other long-term liabilities   $ (1)  
[1] Effective October 1, 2020, the Company's financial statements are presented in accordance with ASU 2021-08, Accounting Standards Codification Topic 805, Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. See Note 2 to the interim consolidated financial statements for a description of the recently adopted accounting pronouncement and the impacts of adoption on the condensed consolidated statements of operations.
[2] Effective October 1, 2020, the Company's financial statements are presented in accordance with ASU 2021-08, Accounting Standards Codification Topic 805, Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. See Note 2 to the interim consolidated financial statements for a description of the recently adopted accounting pronouncement and the impacts of adoption on the condensed consolidated statement of changes in equity.
[3] Effective October 1, 2020, the Company's financial statements are presented in accordance with ASU 2021-08, Accounting Standards Codification Topic 805, Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. See Note 2 to the interim consolidated financial statements for a description of the recently adopted accounting pronouncement and the impacts of adoption on the condensed consolidated statements of cash flows.
[4] The prior period amounts included in the statement of cash flows have been updated to correct settlement assets as restricted cash, which were previously reported as cash flows used in operating activities. These adjustments reflect an increase in prior year cash flows provided by operating activities of $84 and a corresponding increase in cash, cash equivalents, and restricted cash at the end of the period.
[5] Effective October 1, 2020, the Company's financial statements are presented in accordance with ASU 2021-08, Accounting Standards Codification Topic 805, Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. See Note 2 to the interim consolidated financial statements for a description of the recently adopted accounting pronouncement.