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Side-by-side financial comparison of CANTALOUPE, INC. (CTLP) and i3 Verticals, Inc. (IIIV). Click either name above to swap in a different company.

CANTALOUPE, INC. is the larger business by last-quarter revenue ($78.7M vs $52.7M, roughly 1.5× i3 Verticals, Inc.). i3 Verticals, Inc. runs the higher net margin — 0.9% vs -0.1%, a 1.0% gap on every dollar of revenue. On growth, CANTALOUPE, INC. posted the faster year-over-year revenue change (6.8% vs -14.6%). i3 Verticals, Inc. produced more free cash flow last quarter ($13.8M vs $-614.0K). Over the past eight quarters, CANTALOUPE, INC.'s revenue compounded faster (7.7% CAGR vs -4.7%).

Cantaloupe, Inc., previously known as USA Technologies Inc., is an American company known for its work with ePort cashless acceptance technology running on its patented ePort Connect service, a PCI compliant services. ePort Connect wirelessly facilitates electronic payment options to consumers with credit, debit, or NFC enabled electronic wallets like Apple Pay and Google Pay while providing operators with both telemetry and machine-to-machine (M2M) services. ePort technology is primarily fou...

The Prusa i3 is a family of fused filament fabrication 3D printers, manufactured by Czech company Prusa Research under the trademarked name Original Prusa i3. Part of the RepRap project, Prusa i3 printers were called the most used 3D printer in the world in 2016. The first Prusa i3 was designed by Josef Průša in 2012, and was released as a commercial kit product in 2015. The latest model is available in both kit and factory assembled versions. The Prusa i3's comparable low cost and ease of co...

CTLP vs IIIV — Head-to-Head

Bigger by revenue
CTLP
CTLP
1.5× larger
CTLP
$78.7M
$52.7M
IIIV
Growing faster (revenue YoY)
CTLP
CTLP
+21.4% gap
CTLP
6.8%
-14.6%
IIIV
Higher net margin
IIIV
IIIV
1.0% more per $
IIIV
0.9%
-0.1%
CTLP
More free cash flow
IIIV
IIIV
$14.4M more FCF
IIIV
$13.8M
$-614.0K
CTLP
Faster 2-yr revenue CAGR
CTLP
CTLP
Annualised
CTLP
7.7%
-4.7%
IIIV

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
CTLP
CTLP
IIIV
IIIV
Revenue
$78.7M
$52.7M
Net Profit
$-70.0K
$484.0K
Gross Margin
Operating Margin
2.0%
3.1%
Net Margin
-0.1%
0.9%
Revenue YoY
6.8%
-14.6%
Net Profit YoY
-101.4%
-76.5%
EPS (diluted)
$0.00
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTLP
CTLP
IIIV
IIIV
Q4 25
$78.7M
$52.7M
Q3 25
$80.9M
$46.0M
Q2 25
$82.6M
$51.9M
Q1 25
$75.4M
$63.1M
Q4 24
$73.7M
$52.2M
Q3 24
$70.8M
$32.0M
Q2 24
$72.7M
$46.2M
Q1 24
$67.9M
$58.0M
Net Profit
CTLP
CTLP
IIIV
IIIV
Q4 25
$-70.0K
$484.0K
Q3 25
$-919.0K
$3.1M
Q2 25
$6.8M
$12.9M
Q1 25
$49.2M
$-154.0K
Q4 24
$5.0M
$2.1M
Q3 24
$3.6M
$117.9M
Q2 24
$2.2M
$-7.5M
Q1 24
$4.7M
$1.9M
Gross Margin
CTLP
CTLP
IIIV
IIIV
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
39.6%
Operating Margin
CTLP
CTLP
IIIV
IIIV
Q4 25
2.0%
3.1%
Q3 25
2.0%
3.2%
Q2 25
6.3%
-9.3%
Q1 25
9.1%
8.0%
Q4 24
8.4%
3.9%
Q3 24
5.8%
10.6%
Q2 24
4.9%
-2.8%
Q1 24
6.3%
3.4%
Net Margin
CTLP
CTLP
IIIV
IIIV
Q4 25
-0.1%
0.9%
Q3 25
-1.1%
6.7%
Q2 25
8.3%
24.8%
Q1 25
65.2%
-0.2%
Q4 24
6.7%
3.9%
Q3 24
5.0%
368.2%
Q2 24
3.0%
-16.3%
Q1 24
6.9%
3.2%
EPS (diluted)
CTLP
CTLP
IIIV
IIIV
Q4 25
$0.00
$0.02
Q3 25
$-0.02
$0.14
Q2 25
$0.10
$0.50
Q1 25
$0.65
$0.00
Q4 24
$0.07
$0.08
Q3 24
$0.04
$4.93
Q2 24
$0.03
$-0.32
Q1 24
$0.06
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTLP
CTLP
IIIV
IIIV
Cash + ST InvestmentsLiquidity on hand
$53.0M
$37.5M
Total DebtLower is stronger
$37.7M
Stockholders' EquityBook value
$252.5M
$358.5M
Total Assets
$381.9M
$595.9M
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTLP
CTLP
IIIV
IIIV
Q4 25
$53.0M
$37.5M
Q3 25
$55.0M
$66.7M
Q2 25
$51.1M
$55.5M
Q1 25
$46.3M
$7.7M
Q4 24
$27.7M
$85.6M
Q3 24
$33.1M
$86.5M
Q2 24
$58.9M
$9.7M
Q1 24
$50.2M
$3.1M
Total Debt
CTLP
CTLP
IIIV
IIIV
Q4 25
$37.7M
Q3 25
$38.3M
$0
Q2 25
$38.7M
$0
Q1 25
$39.2M
$12.0M
Q4 24
$37.0M
$26.2M
Q3 24
$37.3M
$26.2M
Q2 24
$37.5M
$374.1M
Q1 24
$38.1M
$369.6M
Stockholders' Equity
CTLP
CTLP
IIIV
IIIV
Q4 25
$252.5M
$358.5M
Q3 25
$251.8M
$389.6M
Q2 25
$251.0M
$383.3M
Q1 25
$240.7M
$385.2M
Q4 24
$190.1M
$375.0M
Q3 24
$186.2M
$379.7M
Q2 24
$181.7M
$249.7M
Q1 24
$178.8M
$249.3M
Total Assets
CTLP
CTLP
IIIV
IIIV
Q4 25
$381.9M
$595.9M
Q3 25
$389.5M
$638.4M
Q2 25
$381.9M
$623.3M
Q1 25
$370.5M
$646.4M
Q4 24
$303.0M
$726.2M
Q3 24
$312.1M
$730.7M
Q2 24
$335.6M
$861.7M
Q1 24
$319.9M
$625.8M
Debt / Equity
CTLP
CTLP
IIIV
IIIV
Q4 25
0.15×
Q3 25
0.15×
0.00×
Q2 25
0.15×
0.00×
Q1 25
0.16×
0.03×
Q4 24
0.19×
0.07×
Q3 24
0.20×
0.07×
Q2 24
0.21×
1.50×
Q1 24
0.21×
1.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTLP
CTLP
IIIV
IIIV
Operating Cash FlowLast quarter
$3.1M
$14.1M
Free Cash FlowOCF − Capex
$-614.0K
$13.8M
FCF MarginFCF / Revenue
-0.8%
26.2%
Capex IntensityCapex / Revenue
4.8%
0.6%
Cash ConversionOCF / Net Profit
29.18×
TTM Free Cash FlowTrailing 4 quarters
$25.8M
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTLP
CTLP
IIIV
IIIV
Q4 25
$3.1M
$14.1M
Q3 25
$7.0M
$14.0M
Q2 25
$9.4M
$7.4M
Q1 25
$22.4M
$-27.1M
Q4 24
$522.0K
$11.5M
Q3 24
$-12.0M
$15.1M
Q2 24
$14.3M
$8.1M
Q1 24
$14.7M
$10.7M
Free Cash Flow
CTLP
CTLP
IIIV
IIIV
Q4 25
$-614.0K
$13.8M
Q3 25
$3.5M
$13.5M
Q2 25
$4.3M
$6.8M
Q1 25
$18.6M
$-27.6M
Q4 24
$-3.8M
$11.0M
Q3 24
$-15.8M
$14.6M
Q2 24
$8.5M
$7.2M
Q1 24
$11.4M
$9.9M
FCF Margin
CTLP
CTLP
IIIV
IIIV
Q4 25
-0.8%
26.2%
Q3 25
4.4%
29.5%
Q2 25
5.3%
13.1%
Q1 25
24.6%
-43.8%
Q4 24
-5.1%
21.1%
Q3 24
-22.3%
45.6%
Q2 24
11.7%
15.6%
Q1 24
16.9%
17.1%
Capex Intensity
CTLP
CTLP
IIIV
IIIV
Q4 25
4.8%
0.6%
Q3 25
4.2%
0.9%
Q2 25
6.2%
1.0%
Q1 25
5.1%
0.8%
Q4 24
5.8%
0.9%
Q3 24
5.4%
1.7%
Q2 24
7.9%
1.9%
Q1 24
4.8%
1.4%
Cash Conversion
CTLP
CTLP
IIIV
IIIV
Q4 25
29.18×
Q3 25
4.52×
Q2 25
1.38×
0.57×
Q1 25
0.46×
Q4 24
0.10×
5.59×
Q3 24
-3.36×
0.13×
Q2 24
6.47×
Q1 24
3.16×
5.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTLP
CTLP

Transaction Processing$47.9M61%
Subscription Revenue$21.8M28%
Products$9.0M11%

IIIV
IIIV

License And Service$35.7M68%
Proprietary Payments Revenue$14.5M27%
Other Revenue$2.5M5%

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