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Red Violet, Inc. (RDVT) stock

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NASDAQ: RDVT Nasdaq Application Software Next results ~November 4, 2026

B+ Fundamentals grade

Red Violet, Inc. is a US-listed company in the application software industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$76

Cash-flow model

Base case. Range ~$59–$98 across our lower- and higher-growth cases (15%–25% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 2% above our base value.

Price used: $77.73, November 2, 2026

Red Violet, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 4 selling1 purchase and 36 sales by directors and officers, last 12 monthsInsider trades
  • Funds100 adding, 68 cuttingOf 34 active managers that changed their stake, 16 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Red Violet files

Where Red Violet stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $99m, up 20.2% on a year earlier, faster than the 18.1% growth a quarter earlier. Free-cash-flow margin rose to 33.9% from 31.7% a year earlier. Operating margin widened to 17.9% from 11.9%. Against its peers on growth, profitability, cash generation and balance sheet, it grades B+. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $78.41 a share, against a share price of $81.52. At that price, our model says the market is pricing in about 20.8% a year of cash-flow growth for five years, faster than the 17.6% a year revenue growth it has delivered.

Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Red Violet, Inc.'s trailing-twelve-month revenue grew 20.2% year on year, with a free-cash-flow margin of 33.9%. Where it stands out: free-cash-flow margin of 33.9% ranks 19 of 180 application software companies we cover.

Our discounted-cash-flow model values the business at ~$76 per share in the base case (~$59–$98 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 28.6% while net income grew 88.1%: a 59pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 20.2% over the last 12 months, against a median of 12.0% for application software companies we cover.
  • Margins widening. Operating margin is up 6.0 points on a year ago.
  • Strong cash generation. 33.9% of revenue turned into free cash flow, against a median of 15.2% for application software companies we cover.
  • Net cash. Cash exceeds long-term debt by $0.0bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Results due soon. Results are expected around 9 November; the share price can move sharply on the day.
  • High earnings multiple. The shares trade at 68 times the last 12 months' earnings, so expectations are demanding.
  • Volatile shares. Over the past year the shares showed annualised volatility of 48% and a beta of 0.9 against the S&P 500.

Latest results: FY2026 Q2

Filed August 10, 2026
Earnings per share
$0.50 against an average estimate of $0.34: beat by 49.2%
Revenue
$27m, up 22.7% on a year earlier
Share reaction
+4.9% in the first session after the results on August 11, 2026, against -0.1% for the S&P 500
Next report
November 4, 2026; average EPS estimate $0.41

Red Violet's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-2.8%
  • 1 week-3.0%
  • 1 month-1.9%
  • This year+36.5%
  • 1 year+44.9%
  • 5 years+125.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$99M
Operating margin
17.9%
Net margin
16.5%
EPS (TTM, diluted)
$1.14

Growth

Revenue growth
+20.2%
Change in growth rate
+2.1 pts
Share count change
+0.1%

Cash

Free cash flow (TTM)
$33.6M
FCF margin
33.9%
Stock pay % of revenue
7.4%

Earnings

Last results
August 11, 2026
Next results (est.)
November 9, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Agreement
  3. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Red Violet, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 19.0% a year of cash-flow growth for five years.That is close to the 17.6% a year revenue growth Red Violet has delivered.

  • Priced in19.0%
  • Last 12 months20.2%
  • 3 years a year19.9%
  • 5 years a year17.6%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($76.45, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$76
Price used
$76.45close November 3, 2026
Implied change
▲ +0%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Red Violet, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($23.9M, FY2026 Q2 TTM), growing 16.8% and 18.2% in the next two years (forecasts, guidance and its record), then back to 20% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$59–~$98 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Red Violet, Inc.'s free cash flow after stock-based pay ( $23.9M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Red Violet, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.8%: the 10-year Treasury yield (4.9%) plus a beta of 1.09 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$76 ~$59–$98 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$24 ~$20–$40 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$7.6 ~$5.2–$11 Left out: out of range vs price (0.10x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$7.5 ~$6.6–$8.8 Left out: out of range vs price (0.10x)
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$59 ~$24–$76 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Red Violet, Inc. with Application Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −23%
  • Revenue growth 5 points higher ▲ +29%
  • Free-cash-flow margin 1 point lower ▼ −3%
  • Last year's free-cash-flow margin change, if it persists ▲ +7%
  • Discount rate 1 point higher ▼ −15%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $28$37$48$64$84$109
8.5% $22$29$37$48$62$80
10% $19$24$30$39$49$63

Valuation multiples over time Market data may be delayed

At fiscal year end 20182019202020212022202320242025Now
Share price$6.68$18.36$25.89$39.36$22.83$19.81$35.90$56.95$77.73
Market value$69m$198m$307m$528m$322m$280m$507m$820m$1.1bn
+ Net debt (− = net cash)−$10m−$12m−$11m−$34m−$32m−$32m−$37m−$44m−$50m
Enterprise value$59m$186m$296m$493m$290m$248m$471m$776m$1.1bn
Multiples
Price / sales 4.2x6.5x8.9x12.0x6.0x4.6x6.7x9.1x11.3x
Price / earnings ———n/mn/m20.7x72.4x62.3x68.1x
Price / free cash flow —126.9x48.3x60.9x26.6x18.7x21.3x28.5x33.2x
EV / EBITDA ———120.8x41.3x22.8x26.9x32.6x37.0x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

22 /100

Weak moat

How hard Red Violet's competitive advantage looks for rivals to wear away, judged from 9 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -0.8% of total assets over 9 years.

  • Durability 10 / 20

    Operating margin has been a median -0.4%; its worst year was -83.1%.

  • Cash conversion 18 / 20

    Free cash flow was positive in 7 of 9 years, at a median 20.8% of revenue.

  • Discipline 2 / 20

    The diluted share count rose 14.8% over five years; stock-based pay has been a median 10.8% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (37 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $27m and EPS of $0.41 (range $0.39 to $0.44) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.66 +28% $107m +18%
Next $1.76 +6% $121m +13%

Next year's EPS estimate has moved +8.3% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +11.8% on 90 days ago. In the last 30 days, 2 analysts raised Red Violet, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Red Violet, Inc., last 90 days
$1.40 $1.50 $1.60 $1.70 $1.80 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.49 Current fiscal year, 60 days ago: $1.64 Current fiscal year, 30 days ago: $1.66 Current fiscal year, 7 days ago: $1.66 Current fiscal year, Now: $1.66 $1.66 Next fiscal year, 90 days ago: $1.63 Next fiscal year, 60 days ago: $1.72 Next fiscal year, 30 days ago: $1.76 Next fiscal year, 7 days ago: $1.76 Next fiscal year, Now: $1.76 $1.76

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.49$1.63
60 days ago $1.64$1.72
30 days ago $1.66$1.76
7 days ago $1.66$1.76
Now $1.66$1.76

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.34 $0.50 +49.2%
Mar 2026 $0.32 $0.46 +43.8%
Dec 2025 $0.14 $0.21 +44.8%
Sept 2025 $0.31 $0.39 +25.8%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Red Violet, Inc.'s revenue by +16.8% next year and +18.2% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+14.9%, weight 62%) and the company's own record (+20.0%, weight 38%) . How the weights are set.

Analyst recommendations

4 analysts, Oct 2026
Buy4100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026224
  2. Sep 2026224
  3. Aug 202622
  4. Jul 202622

Counts of recommendations published by analysts covering Red Violet, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.1%
of tradable shares
Days to cover
3.39
at average volume
Short interest, 1 month
+1%
to October 15, 2026
Held by institutions
64%
of shares
Held by insiders
16.4%
of shares
Employees
250
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +44.9%

$53.63 on October 31, 2025 to $77.73

ThenNowEffect
Revenue (last 12 months) $82m $99m +20.2%
Net margin 10.6% 16.5% +56.5%
P/E multiple 88.3x 68.1x −22.8%
Share count 14m 14m −0.1%

Biggest factor: net margin.

Last 3 years +304.2%

$19.23 on November 3, 2023 to $77.73

ThenNowEffect
Revenue (last 12 months) $57m $99m +72.5%
Net margin 4.9% 16.5% +236.9%
P/E multiple 97.3x 68.1x −30.0%
Share count 14m 14m −0.7%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
RDVT+52%−42%−13%+81%+59%+37%
Industry peers (median)−8%−50%+19%+2%−21%−14%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
RDVT75%42%42%58%83%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
RDVT−33%−62%−35%−18%−20%−40%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since March 27, 2018: 64% from December 27, 2021 to November 7, 2022. Getting back needed a 176% gain, reached on February 13, 2025, 829 days after the low.

Price behaviour

52-week range
$34.40 – $82.40
From 52-week high
−5.7%
vs 50-day average
+1.3%
vs 200-day average
+36.1%
Volatility (1 year)
48%
Beta vs S&P 500
0.94

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±5.8%
After a week
7 up, 5 down
typical move ±6.7%
After a month
10 up, 2 down
typical move ±10.1%
Results releasedNext dayS&P 500 next day5 days21 days
August 11, 2026 +4.9% −0.1% +3.9% +11.3%
August 5, 2026 −3.5% −0.4% −1.2% +9.6%
May 7, 2026 +14.0% +0.5% +4.1% +22.7%
March 5, 2026 −1.1% −1.9% −10.9% −19.6%
November 5, 2025 +13.9% −0.7% +11.1% +2.5%
August 8, 2025 −3.1% +0.6% +2.7% +20.8%
May 8, 2025 +12.9% +0.6% +21.5% +9.0%
March 3, 2025 −4.7% −2.9% −15.2% −4.5%
November 8, 2024 +1.0% +0.5% −5.4% +9.8%
August 9, 2024 −6.7% +0.5% +1.1% +1.6%
May 10, 2024 +1.4% +0.1% −1.2% +4.3%
March 11, 2024 +2.0% +1.0% +1.7% +4.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Red Violet, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: no liquid put with an effective price at or below fair value.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Red Violet, Inc. in five measures

Fundamentals grade B+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Red Violet, Inc.
$40M $60M $80M $100M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $58.2M Revenue (TTM), FY23 Q4: $60.2M Revenue (TTM), FY24 Q1: $63.1M Revenue (TTM), FY24 Q2: $67.5M Revenue (TTM), FY24 Q3: $70.7M Revenue (TTM), FY24 Q4: $75.2M Revenue (TTM), FY25 Q1: $79.7M Revenue (TTM), FY25 Q2: $82.4M Revenue (TTM), FY25 Q3: $86.4M Revenue (TTM), FY25 Q4: $90.3M Revenue (TTM), FY26 Q1: $94.1M Revenue (TTM), FY26 Q2: $99M $99M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $58.2M
FY23 Q4 $60.2M
FY24 Q1 $63.1M
FY24 Q2 $67.5M
FY24 Q3 $70.7M
FY24 Q4 $75.2M
FY25 Q1 $79.7M
FY25 Q2 $82.4M
FY25 Q3 $86.4M
FY25 Q4 $90.3M
FY26 Q1 $94.1M
FY26 Q2 $99M
Revenue growth, TTM YoY Red Violet, Inc.
10% 15% 20% 25% 30% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 13.0% Revenue growth, TTM YoY, FY23 Q4: 12.9% Revenue growth, TTM YoY, FY24 Q1: 14.3% Revenue growth, TTM YoY, FY24 Q2: 17.5% Revenue growth, TTM YoY, FY24 Q3: 21.4% Revenue growth, TTM YoY, FY24 Q4: 24.9% Revenue growth, TTM YoY, FY25 Q1: 26.3% Revenue growth, TTM YoY, FY25 Q2: 22.1% Revenue growth, TTM YoY, FY25 Q3: 22.3% Revenue growth, TTM YoY, FY25 Q4: 20.0% Revenue growth, TTM YoY, FY26 Q1: 18.1% Revenue growth, TTM YoY, FY26 Q2: 20.2% 20.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 13.0%
FY23 Q4 12.9%
FY24 Q1 14.3%
FY24 Q2 17.5%
FY24 Q3 21.4%
FY24 Q4 24.9%
FY25 Q1 26.3%
FY25 Q2 22.1%
FY25 Q3 22.3%
FY25 Q4 20.0%
FY26 Q1 18.1%
FY26 Q2 20.2%
Operating margin (TTM) Red Violet, Inc.
0% 5% 10% 15% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 2.5% Operating margin (TTM), FY23 Q4: 4.2% Operating margin (TTM), FY24 Q1: 6.5% Operating margin (TTM), FY24 Q2: 8.8% Operating margin (TTM), FY24 Q3: 9.4% Operating margin (TTM), FY24 Q4: 10.5% Operating margin (TTM), FY25 Q1: 12.7% Operating margin (TTM), FY25 Q2: 11.9% Operating margin (TTM), FY25 Q3: 13.8% Operating margin (TTM), FY25 Q4: 14.6% Operating margin (TTM), FY26 Q1: 15.3% Operating margin (TTM), FY26 Q2: 17.9% 17.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 2.5%
FY23 Q4 4.2%
FY24 Q1 6.5%
FY24 Q2 8.8%
FY24 Q3 9.4%
FY24 Q4 10.5%
FY25 Q1 12.7%
FY25 Q2 11.9%
FY25 Q3 13.8%
FY25 Q4 14.6%
FY26 Q1 15.3%
FY26 Q2 17.9%
FCF margin (TTM) Red Violet, Inc.
20% 25% 30% 35% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 25.8% FCF margin (TTM), FY23 Q4: 24.8% FCF margin (TTM), FY24 Q1: 28.1% FCF margin (TTM), FY24 Q2: 29.4% FCF margin (TTM), FY24 Q3: 30.1% FCF margin (TTM), FY24 Q4: 31.6% FCF margin (TTM), FY25 Q1: 30.8% FCF margin (TTM), FY25 Q2: 31.7% FCF margin (TTM), FY25 Q3: 33.4% FCF margin (TTM), FY25 Q4: 31.9% FCF margin (TTM), FY26 Q1: 32.3% FCF margin (TTM), FY26 Q2: 33.9% 33.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 25.8%
FY23 Q4 24.8%
FY24 Q1 28.1%
FY24 Q2 29.4%
FY24 Q3 30.1%
FY24 Q4 31.6%
FY25 Q1 30.8%
FY25 Q2 31.7%
FY25 Q3 33.4%
FY25 Q4 31.9%
FY26 Q1 32.3%
FY26 Q2 33.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Red Violet took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $90.3M
  2. Other income $1.4M · 1.6%
  3. Selling, general and admin $51.8M · 57.4%
  4. Other operating costs $25.3M · 28.1%
  5. Operating income $13.1M · 14.6%
  6. Income tax $1.4M · 1.6%
  7. Net income $13.2M · 14.6%

Shares of revenue. Source: Red Violet's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 9 16 30 35 44 53 60 75 90 99
EBITDA −20 −5 −8 −3 4 7 11 17 24 29
Operating income −22 −7 −11 −7 −1 0 3 8 13 18
Net income −22 −7 −11 −7 1 1 14 7 13 16
Diluted EPS −$2.09 −$0.67 −$1.03 −$0.57 $0.05 $0.04 $0.96 $0.50 $0.91 $1.14
Growth (year on year)
Revenue — +90.0% +85.8% +14.2% +27.3% +21.1% +12.9% +24.9% +20.0% +20.2%
EBITDA — — — — — +72.3% +54.3% +61.0% +36.2% +44.3%
Operating income — — — — — — — +216.3% +65.9% +80.2%
Net income — — — — — — — −48.2% +87.8% +88.1%
Diluted EPS — — — — — — — −47.9% +82.0% +87.8%
Margins
EBITDA margin −237.4% −33.7% −27.5% −7.6% 9.3% 13.2% 18.0% 23.3% 26.4% 29.1%
Operating margin −250.6% −46.0% −37.0% −19.8% −3.0% 0.7% 4.2% 10.5% 14.6% 17.9%
Net margin −250.6% −42.1% −36.6% −19.7% 1.5% 1.2% 22.5% 9.3% 14.6% 16.5%
Free-cash-flow margin −127.4% −50.0% 5.1% 18.4% 19.7% 22.7% 24.8% 31.6% 31.9% 33.9%
Cash flow
Cash from operations −10 −8 2 7 9 12 15 24 29 34
Capital spending 1 0 0 0 0 0 0 0 1 0
Free cash flow −11 −8 2 6 9 12 15 24 29 34
Stock-based pay 3 1 10 8 7 6 5 6 7 7
Free cash flow after stock pay −14 −9 −8 −2 2 7 10 18 22 26
Balance sheet
Cash 0 10 12 13 34 32 32 37 44 50
Total debt 0 0 0 2 0 0 0 0 0 0
Net debt (negative = net cash) −0 −10 −12 −11 −34 −32 −32 −37 −44 −50
Diluted shares 10m 10m 11m 12m 13m 14m 14m 14m 14m 14m
Returned to shareholders
Dividends — — — — — — — 0 4 0
Buybacks — — — — — 1 4 6 1 4
Total returned — — — — — 1 4 6 5 4

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $120m
Short-term assets $65mLonger-term assets $55m
What it owes, and who funded it · $120m
Short-term liabilities $6mLonger-term liabilities $3mShareholders' equity $112m
  • Short-term assets cover short-term liabilities $65m of assets due within a year against $6m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $65m short-term assets against $3m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Red Violet, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$4M
Dividends (TTM)
$0
Returned to shareholders
12%
of free cash flow
Buybacks, last 3 fiscal years
$10.5M
Diluted share count
+0.1%
year over year
Total shareholder yield
0.4%
dividends 0.0% + buybacks 0.4% of market value
Days sales outstanding
48 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in application software
Last 12 months unless stated RDVT SSTI PAAI WRD EGAN VERI Median
Revenue, last 12 months $99m $98m $101m $95m $91m $91m $482m
Revenue growth, last 12 months 20.2% −5.7% −31.4% 89.8% 3.1% 1.1% 12.0%
Revenue growth, 3-year average 19.9% 5.9% −17.8% — −2.4% −13.2% 11.1%
Revenue growth, latest quarter 22.7% −7.7% −50.7% — −4.7% 4.6% 11.9%
Gross margin — 50.1% 42.7% 30.2% 73.4% 72.4% 69.2%
Operating margin 17.9% −16.4% 18.9% −269.8% 8.7% −90.2% 1.1%
Operating margin, 3-year average 12.9% −8.3% 13.0% — 6.7% −90.2% −0.8%
Net margin 16.5% −16.9% 9.3% −241.7% 9.7% −117.5% 2.1%
Cash from operations / revenue 34.4% 3.5% 27.2% −193.1% 23.2% −55.0% 18.2%
Free-cash-flow margin 33.9% −1.1% 23.7% −229.2% 22.5% −60.1% 15.0%
Free-cash-flow margin, 3-year average 31.7% 6.1% 3.5% — 13.7% −46.6% 16.2%
Stock pay / revenue 7.4% 9.3% 0.3% — 3.1% 6.5% 9.3%
Change in share count 0.1% 1.7% 43.1% 214.3% −2.8% 34.1% 2.2%

Median of all 185 companies we cover in application software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

185 application software companies
Measure Company Peer median Rank
Revenue growth Growth 20.2% 12.0% 53 of 184
Change in growth rate Growth +2.1pp +0.2pp 53 of 184
Operating margin Profitability 17.9% 1.1% 35 of 181
Net margin Profitability 16.5% 2.1% 39 of 185
Free-cash-flow margin Cash generation 33.9% 15.2% 19 of 180
Stock pay as % of revenue Cash generation 7.4% 9.3% 69 of 177
Change in share count Balance sheet 0.1% 1.7% 64 of 163
Days sales outstanding Balance sheet 48 days 57 days 58 of 162

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$636M
Institutions reporting
172
Shares held vs prior quarter
▲ 1.9%
Positions opened / closed
31 / 17

Top buyers and sellers, Q2 2026: 100 institutions bought and 68 sold ; the biggest buyer was Pembroke Management, Ltd (+132K shares) and the biggest seller Ophir Asset Management Pty Ltd (−161K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $60.6M 951K 9.5% ▲ 4.4%
Wasatch Advisors LP $56.8M 891K 8.9% ▼ 2.3%
Trigran Investments, Inc. $38.2M 600K 6.0% ▼ 1.0%
Ashford Capital Management Inc $36.7M 575K 5.8% ▼ 16.3%
Vanguard Capital Management LLC $33.3M 523K 5.2% ▲ 2.1%
Ophir Asset Management Pty Ltd $32.4M 509K 5.1% ▼ 24.0%
Vanguard Portfolio Management LLC $23M 361K 3.6% ▲ 4.5%
Royal Bank Of Canada $21.6M 339K 3.4% ▲ 46.9%
Geode Capital Management, LLC $20.3M 319K 3.2% ▲ 4.8%
State Street Corp $18.5M 290K 2.9% ▼ 5.2%
Pembroke Management, Ltd $16.9M 266K 2.7% ▲ 99.0%
Herald Investment Management Ltd $16.2M 254K 2.5% ▲ 33.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Red Violet, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $142,980 1 trade by 1 insider, last 12 months Insider sales History → $5.8M 36 trades by 4 insiders · 0% under pre-set plans
Net ▼ $5.7M net selling
Insider Date Trade Shares Price Value
Livek William Paul Director August 27, 2026 Buy 2,000 $71.49 $142,980
Reilly James Patrick President June 1, 2026 Sell 6,000 $57.62 $345,720
Reilly James Patrick President June 1, 2026 Sell 6,000 $57.24 $343,440
Maclachlan Daniel Chief Financial Officer June 1, 2026 Sell 6,000 $57.62 $345,720
Maclachlan Daniel Chief Financial Officer June 1, 2026 Sell 6,000 $57.24 $343,440
Dubner Derek Chief Executive Officer June 1, 2026 Sell 6,000 $57.62 $345,720
Dubner Derek Chief Executive Officer June 1, 2026 Sell 6,000 $57.24 $343,440
Dell Jeffrey Alan Chief Information Officer June 1, 2026 Sell 5,000 $57.62 $288,100
Dell Jeffrey Alan Chief Information Officer June 1, 2026 Sell 5,000 $57.25 $286,250
Reilly James Patrick President November 13, 2025 Sell 445 $57.57 $25,619
Reilly James Patrick President November 13, 2025 Sell 1,266 $56.73 $71,820
Maclachlan Daniel Chief Financial Officer November 13, 2025 Sell 444 $57.57 $25,561

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 9, 2026 estimated from the company's past filing pattern, not announced

  • August 11, 2026
  • August 5, 2026
  • May 7, 2026
  • March 5, 2026
  • November 5, 2025
  • August 8, 2025

Recent SEC filings

Data status

When each part of this page on Red Violet, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Red Violet, Inc. in brief

What does Red Violet, Inc. do?
Red Violet, Inc. is a US-listed company in the application software industry. Its financial year ends in December.
What is Red Violet, Inc.'s stock ticker?
Red Violet, Inc. trades under the ticker RDVT on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Red Violet, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Red Violet, Inc. reported revenue of $99M, 20.2% higher than a year earlier, according to its SEC filings.
What is Red Violet, Inc.'s free cash flow?
Red Violet, Inc.'s free-cash-flow margin is 33.9% of revenue over the trailing twelve months, ranking 19 of the 180 application software companies we cover.
What is Red Violet, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Red Violet, Inc.'s free cash flow after stock-based pay gives ~$76 per share in the base case, and ~$59–$98 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Red Violet, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Wasatch Advisors LP and Trigran Investments, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Red Violet, Inc. buying back stock, and does it pay a dividend?
Red Violet, Inc. spent $4M on share repurchases over the trailing twelve months, and its diluted share count still rose 0.1% over the year.
What is Red Violet, Inc.'s market cap?
On November 2, 2026, Red Violet, Inc.'s market capitalisation was about $1.1B, with a price-to-earnings ratio of 68.1 and net debt of -$50M. Market figures come from third-party market data and may be delayed.
Does Red Violet, Inc. pay a dividend?
Red Violet, Inc. reported no dividend payments in its trailing twelve months of filings.
Who are Red Violet, Inc.'s competitors?
In our Application Software peer group, the companies closest to Red Violet, Inc. are Soundthinking, Inc., Paradium.ai, Inc., Weride Inc., Egain Corp and Veritone, Inc. The side-by-side comparison below sets their revenue, margins and growth against Red Violet, Inc.'s.
Are insiders buying or selling Red Violet, Inc. stock?
Over the last 12 months, Red Violet, Inc.'s directors and officers reported 1 open-market purchases and 36 sales on Form 4. The insider trading page charts every trade.
When is Red Violet, Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Red Violet, Inc. announces its own schedule.