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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Revenue $ 63,059 $ 57,968 $ 124,750 $ 113,022
Operating expenses        
Other costs of services (excluding depreciation and amortization) [1] 22,187 21,147 43,218 40,724
Selling, general and administrative [1] 28,687 27,432 57,587 54,607
Depreciation and amortization 7,840 7,193 15,524 14,247
Change in fair value of contingent consideration 381 (290) 1,758 (527)
Total operating expenses 59,095 55,482 118,087 109,051
Income from operations 3,964 2,486 6,663 3,971
Other (income) expenses        
Interest expense 446 7,714 1,126 14,401
Other income (631) (2,257) (2,457) (2,150)
Total other (income) expenses (185) 5,457 (1,331) 12,251
Income (loss) before income taxes 4,149 (2,971) 7,994 (8,280)
Provision for (benefit from) income taxes 3,054 (669) 3,577 (1,763)
Net income (loss) from continuing operations 1,095 (2,302) 4,417 (6,517)
Net (loss) income from discontinued operations, net of income taxes (326) 5,650 (540) 11,401
Net income 769 3,348 3,877 4,884
Net income (loss) from continuing operations attributable to non-controlling interest 1,022 (593) 2,150 (1,923)
Net (loss) income from discontinued operations attributable to non-controlling interest (99) 2,063 (175) 3,831
Net income attributable to non-controlling interest 923 1,470 1,975 1,908
Net income (loss) from continuing operations attributable to i3 Verticals, Inc. 73 (1,709) 2,267 (4,594)
Net (loss) income from discontinued operations attributable to i3 Verticals, Inc. (227) 3,587 (365) 7,570
Net (loss) income attributable to i3 Verticals, Inc. $ (154) $ 1,878 $ 1,902 $ 2,976
Net income (loss) per share attributable to Class A common stockholders from continuing operations:        
Basic (in USD per share) $ 0.00 $ (0.07) $ 0.10 $ (0.20)
Diluted (in USD per share) 0.00 (0.07) 0.09 (0.20)
Net (loss) income per share attributable to Class A common stockholders from discontinued operations:        
Basic (in USD per share) (0.01) 0.15 (0.02) 0.32
Diluted (in USD per share) $ (0.01) $ 0.15 $ (0.02) $ 0.31
Weighted average shares of Class A common stock outstanding:        
Basic (in shares) 23,834,233 23,331,239 23,691,648 23,299,214
Diluted (in shares)   23,718,474 24,081,232 23,726,720
Continuing Operations        
Weighted average shares of Class A common stock outstanding:        
Diluted (in shares) 24,133,738 23,331,239 24,081,232 23,299,214
Discontinued Operations        
Weighted average shares of Class A common stock outstanding:        
Basic (in shares)   23,331,239   23,299,214
Diluted (in shares) 23,834,233 23,718,474 23,691,648 33,819,224
[1] Refer to Note 3 for discussion of the change in the current and prior period presentation.