Red Violet, Inc. income statement
In fiscal 2025, Red Violet, Inc. reported revenue of $90.3m, up 20.0% on the year before, operating income of $13.1m (a 14.6% margin) and net income of $13.2m, or $0.91 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9 | 16 | 30 | 35 | 44 | 53 | 60 | 75 | 90 | 99 |
| Selling and marketing | 4 | 5 | 8 | 8 | 9 | 11 | 14 | 18 | 22 | 22 |
| General and administrative | 17 | 8 | 19 | 18 | 20 | 23 | 22 | 26 | 30 | 33 |
| Operating income | −22 | −7 | −11 | −7 | −1 | 0 | 3 | 8 | 13 | 18 |
| Interest expense | — | — | — | 0 | 0 | 0 | — | — | — | — |
| Net interest income | — | — | — | — | — | — | 1 | 1 | 1 | — |
| Income before tax | −22 | −7 | −11 | −7 | 1 | 1 | 4 | 9 | 15 | 19 |
| Income tax | — | — | — | 0 | 0 | 0 | −10 | 2 | 1 | 3 |
| 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 |
| Diluted shares (average) | 10m | 10m | 11m | 12m | 13m | 14m | 14m | 14m | 14m | 14m |
| EBITDA | −20 | −5 | −8 | −3 | 4 | 7 | 11 | 17 | 24 | 29 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19 | 20 | 22 | 22 | 23 | 23 | 26 | 27 |
| Selling and marketing | 5 | 5 | 5 | 6 | 5 | 5 | 6 | 6 |
| General and administrative | 6 | 8 | 6 | 7 | 7 | 10 | 8 | 8 |
| Operating income | 2 | 0 | 4 | 3 | 5 | 2 | 5 | 6 |
| Net interest income | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Income before tax | 3 | 1 | 5 | 3 | 5 | 2 | 6 | 6 |
| Income tax | 1 | −0 | 1 | 0 | 1 | −1 | 1 | 2 |
| Net income | 2 | 1 | 3 | 3 | 4 | 3 | 4 | 5 |
| Diluted EPS | $0.12 | $0.07 | $0.24 | $0.18 | $0.29 | $0.20 | $0.30 | $0.34 |
| EBITDA | 5 | 3 | 7 | 5 | 7 | 4 | 8 | 9 |
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