Red Violet, Inc. balance sheet
At the end of fiscal 2025, Red Violet, Inc. had total assets of $112m, total liabilities of $11.1m and shareholders' equity of $101m. It held $43.6m in cash against $0 of debt.
Balance sheet
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0 | 10 | 12 | 13 | 34 | 32 | 32 | 37 | 44 | 50 |
| Receivables | 2 | 2 | 4 | 3 | 4 | 6 | 7 | 8 | 11 | 13 |
| Total current assets | 2 | 13 | 16 | 17 | 39 | 38 | 40 | 46 | 57 | 65 |
| Goodwill | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Total assets | 25 | 40 | 49 | 52 | 74 | 77 | 93 | 99 | 112 | 120 |
| Accounts payable | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Deferred revenue (current) | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Total current liabilities | 7 | 4 | 4 | 5 | 3 | 5 | 5 | 10 | 8 | 6 |
| Short-term debt | — | — | 0 | 0 | 0 | — | — | — | — | — |
| Long-term debt | — | — | 0 | 2 | 0 | — | — | — | — | — |
| Total debt | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 7 | 4 | 7 | 9 | 5 | 6 | 7 | 12 | 11 | 9 |
| Shareholders' equity | 18 | 36 | 42 | 43 | 69 | 71 | 86 | 87 | 101 | 112 |
| Shares outstanding | — | 10m | 12m | 12m | 13m | 14m | 14m | 14m | 14m | 14m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 8 | 8 | 10 | 10 | 10 | 11 | 12 | 13 |
| Total current assets | 46 | 46 | 46 | 51 | 58 | 57 | 57 | 65 |
| Goodwill | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Total assets | 98 | 99 | 99 | 105 | 112 | 112 | 113 | 120 |
| Accounts payable | 3 | 2 | 2 | 2 | 3 | 2 | 2 | 1 |
| Deferred revenue (current) | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Total current liabilities | 5 | 10 | 5 | 6 | 7 | 8 | 5 | 6 |
| Total liabilities | 6 | 12 | 7 | 9 | 10 | 11 | 8 | 9 |
| Shareholders' equity | 92 | 87 | 92 | 96 | 102 | 101 | 105 | 112 |
| Shares outstanding | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 14m |
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