vs

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

i3 Verticals, Inc. is the larger business by last-quarter revenue ($52.7M vs $42.7M, roughly 1.2× Finwise Bancorp). Finwise Bancorp runs the higher net margin — 6.4% vs 0.9%, a 5.5% gap on every dollar of revenue. Over the past eight quarters, Finwise Bancorp's revenue compounded faster (47.0% CAGR vs -4.7%).

Finwise Bancorp is a U.S.-based financial holding company that operates primarily through its community banking subsidiary. It offers a full suite of retail and commercial financial services, including deposit accounts, personal loans, mortgage products, small business financing, and wealth management solutions, serving local retail consumers and small to medium-sized business clients across its regional operating markets.

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...

FINW vs IIIV — Head-to-Head

Bigger by revenue
IIIV
IIIV
1.2× larger
IIIV
$52.7M
$42.7M
FINW
Higher net margin
FINW
FINW
5.5% more per $
FINW
6.4%
0.9%
IIIV
Faster 2-yr revenue CAGR
FINW
FINW
Annualised
FINW
47.0%
-4.7%
IIIV

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FINW
FINW
IIIV
IIIV
Revenue
$42.7M
$52.7M
Net Profit
$2.7M
$484.0K
Gross Margin
Operating Margin
3.1%
Net Margin
6.4%
0.9%
Revenue YoY
-14.6%
Net Profit YoY
-76.5%
EPS (diluted)
$0.20
$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
FINW
FINW
IIIV
IIIV
Q1 26
$42.7M
Q4 25
$46.9M
$52.7M
Q3 25
$36.7M
$46.0M
Q2 25
$25.1M
$51.9M
Q1 25
$22.1M
$63.1M
Q4 24
$21.1M
$52.2M
Q3 24
$20.8M
$32.0M
Q2 24
$19.8M
$46.2M
Net Profit
FINW
FINW
IIIV
IIIV
Q1 26
$2.7M
Q4 25
$3.9M
$484.0K
Q3 25
$4.9M
$3.1M
Q2 25
$4.1M
$12.9M
Q1 25
$3.2M
$-154.0K
Q4 24
$2.8M
$2.1M
Q3 24
$3.5M
$117.9M
Q2 24
$3.2M
$-7.5M
Operating Margin
FINW
FINW
IIIV
IIIV
Q1 26
Q4 25
11.7%
3.1%
Q3 25
17.5%
3.2%
Q2 25
21.7%
-9.3%
Q1 25
20.1%
8.0%
Q4 24
17.5%
3.9%
Q3 24
22.2%
10.6%
Q2 24
21.1%
-2.8%
Net Margin
FINW
FINW
IIIV
IIIV
Q1 26
6.4%
Q4 25
8.4%
0.9%
Q3 25
13.3%
6.7%
Q2 25
16.3%
24.8%
Q1 25
14.4%
-0.2%
Q4 24
13.2%
3.9%
Q3 24
16.6%
368.2%
Q2 24
16.1%
-16.3%
EPS (diluted)
FINW
FINW
IIIV
IIIV
Q1 26
$0.20
Q4 25
$0.27
$0.02
Q3 25
$0.34
$0.14
Q2 25
$0.29
$0.50
Q1 25
$0.23
$0.00
Q4 24
$0.19
$0.08
Q3 24
$0.25
$4.93
Q2 24
$0.24
$-0.32

Balance Sheet & Financial Strength

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

Metric
FINW
FINW
IIIV
IIIV
Cash + ST InvestmentsLiquidity on hand
$37.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$196.6M
$358.5M
Total Assets
$899.4M
$595.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FINW
FINW
IIIV
IIIV
Q1 26
Q4 25
$163.4M
$37.5M
Q3 25
$105.6M
$66.7M
Q2 25
$90.1M
$55.5M
Q1 25
$120.3M
$7.7M
Q4 24
$109.2M
$85.6M
Q3 24
$85.8M
$86.5M
Q2 24
$89.0M
$9.7M
Total Debt
FINW
FINW
IIIV
IIIV
Q1 26
Q4 25
Q3 25
$0
Q2 25
$0
Q1 25
$12.0M
Q4 24
$26.2M
Q3 24
$26.2M
Q2 24
$374.1M
Stockholders' Equity
FINW
FINW
IIIV
IIIV
Q1 26
$196.6M
Q4 25
$193.2M
$358.5M
Q3 25
$187.8M
$389.6M
Q2 25
$182.0M
$383.3M
Q1 25
$177.4M
$385.2M
Q4 24
$173.7M
$375.0M
Q3 24
$170.4M
$379.7M
Q2 24
$165.8M
$249.7M
Total Assets
FINW
FINW
IIIV
IIIV
Q1 26
$899.4M
Q4 25
$977.1M
$595.9M
Q3 25
$899.9M
$638.4M
Q2 25
$842.5M
$623.3M
Q1 25
$804.1M
$646.4M
Q4 24
$746.0M
$726.2M
Q3 24
$683.0M
$730.7M
Q2 24
$617.8M
$861.7M
Debt / Equity
FINW
FINW
IIIV
IIIV
Q1 26
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.03×
Q4 24
0.07×
Q3 24
0.07×
Q2 24
1.50×

Cash Flow & Capital Efficiency

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

Metric
FINW
FINW
IIIV
IIIV
Operating Cash FlowLast quarter
$14.1M
Free Cash FlowOCF − Capex
$13.8M
FCF MarginFCF / Revenue
26.2%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
29.18×
TTM Free Cash FlowTrailing 4 quarters
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FINW
FINW
IIIV
IIIV
Q1 26
Q4 25
$-28.4M
$14.1M
Q3 25
$3.5M
$14.0M
Q2 25
$-18.3M
$7.4M
Q1 25
$-21.6M
$-27.1M
Q4 24
$-15.0M
$11.5M
Q3 24
$-9.8M
$15.1M
Q2 24
$-7.6M
$8.1M
Free Cash Flow
FINW
FINW
IIIV
IIIV
Q1 26
Q4 25
$-28.6M
$13.8M
Q3 25
$3.4M
$13.5M
Q2 25
$-19.8M
$6.8M
Q1 25
$-23.3M
$-27.6M
Q4 24
$-16.1M
$11.0M
Q3 24
$-13.4M
$14.6M
Q2 24
$-7.7M
$7.2M
FCF Margin
FINW
FINW
IIIV
IIIV
Q1 26
Q4 25
-61.1%
26.2%
Q3 25
9.4%
29.5%
Q2 25
-79.0%
13.1%
Q1 25
-105.3%
-43.8%
Q4 24
-76.0%
21.1%
Q3 24
-64.3%
45.6%
Q2 24
-38.7%
15.6%
Capex Intensity
FINW
FINW
IIIV
IIIV
Q1 26
Q4 25
0.5%
0.6%
Q3 25
0.1%
0.9%
Q2 25
5.8%
1.0%
Q1 25
7.4%
0.8%
Q4 24
5.1%
0.9%
Q3 24
17.2%
1.7%
Q2 24
0.3%
1.9%
Cash Conversion
FINW
FINW
IIIV
IIIV
Q1 26
Q4 25
-7.26×
29.18×
Q3 25
0.71×
4.52×
Q2 25
-4.48×
0.57×
Q1 25
-6.78×
Q4 24
-5.37×
5.59×
Q3 24
-2.84×
0.13×
Q2 24
-2.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FINW
FINW

Net Interest Income$28.1M66%
Noninterest Income$14.6M34%

IIIV
IIIV

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

Related Comparisons