Red Violet (RDVT) Financial Statements & Analysis

Red Violet (RDVT) Income Statement

Red Violet reported revenue of $90.25M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 20.0% from $75.19M a year earlier. Net income was $13.15M, up 87.8% year over year, a net margin of 14.6%. Gross margin was 83.7% and operating margin 14.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $26.71M, up 22.7% from the same quarter a year earlier.

Red Violet Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Red Violet, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	90.25	75.19	60.20	53.32	44.02	34.59	30.29	16.30	8.58
Cost of Revenue	14.68	14.00	13.07	12.21	11.20	11.28	12.26	8.64	7.07
Gross Profit	75.58	61.19	47.14	41.11	32.83	23.31	18.03	7.66	1.51
Operating Expenses
Research & Development	0.00	9.35	8.12	0.00	0.00	0.00	0.00	1.73	0.87
Selling, General & Administrative	51.41	43.71	36.28	34.07	28.74	25.93	26.35	13.16	21.87
Operating Expenses	62.44	53.27	44.63	40.75	34.14	30.14	29.24	15.16	23.01
Operating Income	13.14	7.92	2.50	0.36	-1.32	-6.83	-11.21	-7.49	-21.50
Other Income/Expense
Interest Income	1.42	1.40	1.33	0.35	0.00	0.02	0.14	0.08	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00
Other Income/Expense	1.42	1.40	1.33	0.35	2.18	0.02	0.14	0.62	0.00
Income
Income Before Tax	14.56	9.32	3.84	0.71	0.85	-6.81	-11.08	-6.87	-21.50
Income Tax Expense	1.40	2.32	-9.69	0.10	0.20	0.00	0.00	0.00	0.00
Net Income	13.15	7.00	13.53	0.62	0.66	-6.81	-11.08	-6.87	-21.50
Net Income - Continuous Operations	13.15	7.00	13.53	0.62	0.66	-6.81	-11.08	-6.87	-21.50
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	13.88	17.48	12.19	7.39	4.08	-2.62	-8.32	-5.50	-20.36
EBIT	13.50	7.92	2.50	0.36	-1.32	-6.83	-	-	-
Depreciation & Amortization	10.67	9.56	8.35	6.68	5.40	4.22	2.89	2.00	1.14
Earnings Per Share
Basic EPS	1.00	1.00	1.00	-	-	-1.00	-1.00	-1.00	-2.00
Diluted EPS	1.00	1.00	1.00	-	-	-1.00	-1.00	-1.00	-2.00
Basic Shares Outstanding	14.04	13.86	13.97	13.76	12.60	11.86	10.76	10.27	10.33
Diluted Shares Outstanding	14.40	14.13	14.13	14.11	13.40	11.86	10.76	10.27	10.33

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Red Violet Financial Statements

What was Red Violet's revenue in fiscal 2025?

Red Violet reported revenue of $90.25M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 20.0% from $75.19M a year earlier.

Is Red Violet profitable?

Yes. Red Violet earned net income of $13.15M in fiscal 2025, a net margin of 14.6%. In fiscal 2024 it earned $7.00M.

What is Red Violet's operating margin?

Red Violet's operating income was $13.14M on revenue of $90.25M in fiscal 2025, an operating margin of 14.6%, compared with 10.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition