The influence of molecular collisions on the production of the degenerate four-wave mixing signal in It is presented. Measurements were performed on gaseous molecular iodine, It, contained in a glass cell in which pressure, temperature, and species concentration are easily and independently varied. Frequency-doubled outputs from a seeded Nd:YAG laser and an excimer-pumped dye laser were used as excitation sources. We have studied the dependence of signal strength versus buffer gas pressure, with pump intensity as a third parameter. It is evident from our results that, for pump intensities of less than 1 MW/cm(2), the pressure dependence of the signal follows that given by a simple two-level model in the homogeneously broadened regime. In this regime collisional deexcitation becomes significant, leading to changes in saturation intensity. This is evidenced by a reduction in the signal with an increase in buffer gas pressure. This behavior is similar to that seen in laser-induced fluorescence. At higher pump intensities, the signal is seen to increase with pressure; this behavior cannot be described by the simple two-level model.