analyticsVertical SaaS
Data as of Q4 2025
Summary Verdict
IIIV: 3—ALRM: 2wins
Rule of 40
21.6IIIV
21.1ALRM
check_circleIIIV leads
Revenue Growth
19.9%IIIV
7.6%ALRM
check_circleIIIV leads
Gross Margin
145%IIIV
66%ALRM
check_circleIIIV leads
FCF Margin
1.6%IIIV
13.6%ALRM
check_circleALRM leads
Operating Margin
1.6%IIIV
13.2%ALRM
check_circleALRM leads
NRR
—IIIV
—ALRM
Metric
Rule of 40Efficiency score
IIIV
21.6check_circle
ALRM
21.1
Revenue GrowthYoY
IIIV
19.9%check_circle
ALRM
7.6%
Gross Margin% of revenue
IIIV
145%check_circle
ALRM
66%
FCF MarginFree cash flow
IIIV
1.6%
ALRM
13.6%check_circle
Operating MarginGAAP
IIIV
1.6%
ALRM
13.2%check_circle
NRRNet retention
IIIV
N/A
ALRM
N/A
EV / RevenueValuation multiple
IIIV
1.7x
ALRM
N/A
Market CapUSD
IIIV
$476.8M
ALRM
N/A
ARR GrowthYoY
IIIV
N/A
ALRM
N/A
CAC PaybackMonths to recover
IIIV
N/A
ALRM
N/A
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insights
Analysis
As of Q4 2025, i3 Verticals, Inc. trades at 1.7x EV/Revenue versus Alarm.com Holdings, Inc. at N/A. On the Rule of 40, i3 Verticals, Inc. scores 21.6 compared to Alarm.com Holdings, Inc.'s 21.1, placing i3 Verticals, Inc. ahead in operating efficiency. Gross margins stand at i3 Verticals, Inc. 145% vs Alarm.com Holdings, Inc. 66%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.