Red Violet, Inc. (RDVT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.34	$0.5	+47.1%	—	$26.7M	—
Q1 26	$0.32	$0.46	+43.8%	—	$25.8M	—
Q4 25	$0.14	$0.21	+50.0%	—	$23.4M	—
Q3 25	$0.31	$0.39	+25.8%	—	$23.1M	—
Q2 25	$0.28	$0.28	0.0%	—	$21.8M	—
Q1 25	$0.23	$0.33	+43.5%	—	$22M	—
Q4 24	$0.09	$0.09	0.0%	—	$19.6M	—
Q3 24	$0.23	$0.22	-4.3%	—	$19.1M	—
Q2 24	$0.19	$0.28	+47.4%	—	$19.1M	—
Q1 24	$0.17	$0.22	+29.4%	—	$17.5M	—
Q1 23	—	$0.05	—	—	$14.6M	—
Q4 22	—	-$0.12	—	—	$13.1M	—
Q3 22	—	$0.16	—	—	$15M	—
Q2 22	—	-$0.01	—	—	$12.5M	—
Q1 22	—	$0.01	—	—	$12.7M	—
Q4 21	—	-$0.14	—	—	$11.3M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.94	—	—	$90.3M	—
FY24	—	$0.51	—	—	$75.2M	—
FY23	—	$0.97	—	—	$60.2M	—
FY22	—	$0.04	—	—	$53.3M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$4.6M	$8.6M	$16.3M	$30.3M	$34.6M	$44M	$53.3M	$60.2M	$75.2M	$90.3M
YoY change	—	+87.1%	+90%	+85.8%	+14.2%	+27.3%	+21.1%	+12.9%	+24.9%	+20%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	4.6M	8.6M	16.3M	30.3M	34.6M	44M	53.3M	60.2M	75.2M	90.3M
Cost of revenue	4.3M	7.1M	8.6M	12.3M	11.3M	11.2M	12.2M	13.1M	14M	14.7M
Gross profit	279K	1.5M	7.7M	18M	23.3M	32.8M	41.1M	47.1M	61.2M	75.6M
Gross margin	6.09%	17.6%	47%	59.5%	67.4%	74.6%	77.1%	78.3%	81.4%	83.7%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	12.5M	21.9M	13.2M	26.4M	25.9M	28.7M	34.1M	36.3M	43.7M	51.8M
Operating expenses	12.5M	21.9M	13.2M	26.4M	25.9M	28.7M	34.1M	36.3M	43.7M	51.8M
Operating income	-12.8M	-21.5M	-7.5M	-11.2M	-6.8M	-1.3M	361K	2.5M	7.9M	13.1M
Operating margin	-280.2%	-250.6%	-46%	-37%	-19.8%	-2.99%	0.68%	4.16%	10.5%	14.6%
Non-operating income, net	-4.1M	—	539K	—	—	2.2M	—	—	—	—
Pretax income	-16.9M	-21.5M	-6.9M	-11.1M	-6.8M	853K	712K	3.8M	9.3M	14.6M
Income tax	-38K	0	0	0	0	198K	96K	-9.7M	2.3M	1.4M
Net income	-16.9M	-21.5M	-6.9M	-11.1M	-6.8M	655K	616K	13.5M	7M	13.2M
Net margin	-367.8%	-250.6%	-42.1%	-36.6%	-19.7%	1.49%	1.16%	22.5%	9.31%	14.6%
EBITDA	-8.2M	-20.4M	-5.5M	-8.3M	-2.6M	1.9M	7M	10.9M	17.5M	23.8M
EPS	-1.63	-2.08	-0.67	-1.03	-0.57	0.05	0.04	0.97	0.51	0.94
Diluted EPS	-1.63	-2.08	-0.67	-1.03	-0.57	0.05	0.04	0.96	0.5	0.91

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	15.8M	15.1M	17.5M	19.1M	19.1M	19.6M	22M	21.8M	23.1M	23.4M	25.8M	26.7M
Cost of revenue	3.3M	3.3M	3.8M	3.5M	3.3M	3.5M	3.7M	3.5M	3.6M	3.9M	3.8M	3.8M
Gross profit	12.5M	11.7M	13.8M	15.6M	15.7M	16.1M	18.3M	18.3M	19.5M	19.5M	22M	22.9M
Gross margin	79.1%	77.8%	78.6%	81.9%	82.6%	82.3%	83.4%	83.9%	84.3%	83.4%	85.2%	85.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	8.6M	10.4M	9.5M	10.2M	10.8M	13.2M	11.6M	12.9M	12.2M	15.1M	13.8M	14M
Operating expenses	8.6M	10.4M	9.5M	10.2M	10.8M	13.2M	11.6M	12.9M	12.2M	15.1M	13.8M	14M
Operating income	1.8M	-895K	2M	3.1M	2.5M	371K	4.2M	2.8M	4.6M	1.6M	5.4M	6.1M
Operating margin	11.1%	-5.94%	11.3%	16.1%	13.1%	1.9%	19.1%	12.6%	19.8%	6.84%	21.1%	22.8%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	2.1M	-508K	2.3M	3.4M	2.9M	739K	4.5M	3.1M	5M	2M	5.8M	6.5M
Income tax	-10.4M	562K	564K	745K	1.1M	-124K	1.1M	404K	749K	-828K	1.4M	1.5M
Net income	12.5M	-1.1M	1.8M	2.6M	1.7M	863K	3.4M	2.7M	4.2M	2.8M	4.4M	5M
Net margin	78.9%	-7.1%	10.2%	13.8%	9.02%	4.41%	15.6%	12.3%	18.3%	12%	17%	18.6%
EBITDA	3.9M	1.3M	4.3M	5.4M	4.9M	2.9M	6.8M	5.4M	7.3M	4.4M	8.3M	8.9M
EPS	0.9	—	0.13	0.19	0.12	—	0.25	0.19	0.3	—	0.31	0.35
Diluted EPS	0.87	—	0.13	0.19	0.12	—	0.24	0.18	0.29	—	0.3	0.34

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	69.2M	199.2M	—	500M	316.7M	279.1M	501.9M	799.4M	1.3B
Enterprise value	—	—	59.2M	190.4M	—	467.6M	286.2M	249.6M	467.4M	758.6M	1.2B
Shares outstanding	10.3M	10.3M	10.3M	10.8M	11.9M	12.6M	13.8M	14M	13.9M	14M	14M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	—	763.3	514.2	20.6	71.7	60.8	69.5
P/S	—	—	4.24	6.58	—	11.4	5.94	4.64	6.68	8.86	12.8
P/B	—	—	1.91	4.73	—	7.2	4.46	3.24	5.79	7.92	10
EV/EBITDA	—	—	-10.8	-22.9	—	245	40.7	23	26.7	31.9	64.6
EV/Sales	—	—	3.63	6.29	—	10.6	5.37	4.15	6.22	8.41	12.3
Earnings yield	—	—	—	—	—	0.13%	0.19%	4.85%	1.4%	1.65%	1.44%
FCF yield	—	—	-20.3%	-2.19%	—	0.74%	1.15%	2.12%	2.87%	2.28%	1.1%
PEG	—	—	—	—	—	—	—	—	—	—	0.83

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	6.09%	17.6%	47%	59.5%	67.4%	74.6%	77.1%	78.3%	81.4%	83.7%	85.7%
Operating margin	-280.2%	-250.6%	-46%	-37%	-19.8%	-2.99%	0.68%	4.16%	10.5%	14.6%	23%
Net margin	-367.8%	-250.6%	-42.1%	-36.6%	-19.7%	1.49%	1.16%	22.5%	9.31%	14.6%	16.5%
ROE	-110.8%	-121.2%	-18.9%	-26.3%	-15.7%	0.94%	0.87%	15.7%	8.08%	13%	15.8%
ROA	-90.1%	-85.6%	-17.2%	-22.7%	-13.1%	0.88%	0.8%	14.5%	7.11%	11.7%	10%
ROIC	-85.7%	-121.7%	-28.5%	-33.7%	-19.5%	-2.72%	0.77%	4.42%	11.4%	19.7%	23.5%
Return on tangible assets	157.5%	134.1%	65%	114.8%	53.2%	8.66%	16.8%	98.5%	43.5%	57.1%	59.5%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.49	0.31	3.7	3.71	3.32	11.2	7.01	8.26	4.48	7.18	10.9
Quick ratio	0.49	0.31	3.7	3.71	3.32	11.2	7.01	8.26	4.48	7.18	10.9
Debt / equity	—	—	0	0.07	0.11	0.03	0.02	0.03	0.02	0.03	0.02
Debt / assets	—	—	0	0.06	0.09	0.03	0.02	0.03	0.02	0.02	0.02
Net debt / EBITDA	—	—	1.81	1.06	3.19	-16.9	-4.34	-2.71	-1.97	-1.71	-1.64
Effective tax rate	0%	0%	0%	0%	0%	23.2%	13.5%	0%	24.9%	9.64%	14.8%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	0.44	0.83	1.59	2.81	2.92	3.49	3.88	4.31	5.42	6.43	7.01
EPS (basic)	-1.63	-2.08	-0.67	-1.03	-0.57	0.05	0.04	0.97	0.51	0.94	0.94
EPS (diluted)	-1.63	-2.08	-0.67	-1.03	-0.57	0.05	0.04	0.96	0.5	0.91	1.14
Book value per share	1.47	1.72	3.53	3.91	3.65	5.51	5.17	6.16	6.25	7.19	7.91
FCF per share	-1.55	-1.63	-1.37	-0.4	0.07	0.29	0.26	0.42	1.04	1.3	1.47
Cash per share	0.02	0.01	0.97	1.09	1.09	2.72	2.31	2.29	2.63	3.1	3.11
Capex per share	0.02	0.05	0.01	0.01	0.01	0.02	0.03	0.01	0.01	0.75	0.86

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	5.23%	6%	0.55%	0.3%	0.45%	0.64%	0.7%	0.2%	0.22%	11.7%	12.5%
Capex / operating cash flow	-1.9%	-3.49%	-1.99%	48.9%	2.67%	2.32%	3.44%	0.86%	0.73%	36.1%	36.4%
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Yield

—

trailing twelve months

Frequency

—

Last dividend

$0.30

ex-dividend Jan 31, 2025

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jan 31, 2025	$0.30

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$15.8M	$15.1M	$17.5M	$19.1M	$19.1M	$19.6M	$22M	$21.8M	$23.1M	$23.4M	$25.8M	$26.7M
YoY change	+5.4%	+15.2%	+19.7%	+29.8%	+20.3%	+29.9%	+25.7%	+14.3%	+21.1%	+19.6%	+17.4%	+22.7%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	226K	65K	9.9M	11.8M	13M	34.3M	31.8M	32M	36.5M	43.6M
Receivables	694K	1.6M	2.3M	3.5M	3.2M	3.7M	5.5M	7.1M	8.1M	10.7M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	1.7M	2.3M	13.1M	16M	16.7M	38.6M	38.1M	40.3M	46.2M	56.5M
Property, plant & equipment	848K	1.1M	852K	3.3M	2.7M	2.2M	1.8M	3M	2.4M	3.5M
Goodwill & intangibles	29.4M	41.2M	50.4M	58.5M	64.8M	66.8M	73.7M	79.3M	82.4M	89M
Total assets	18.7M	25.1M	39.8M	48.9M	52M	74.4M	77.4M	93M	98.5M	112M
Accounts payable	921K	2.6M	2.2M	2.1M	2.1M	1.6M	2.2M	1.6M	2.1M	2M
Short-term debt	—	—	—	491K	1M	617K	692K	569K	406K	396K
Total current liabilities	3.5M	7.4M	3.5M	4.3M	5M	3.5M	5.4M	4.9M	10.3M	7.9M
Long-term debt	—	—	0	2.5M	3.6M	1.3M	598K	2M	1.6M	2.4M
Total liabilities	3.5M	7.4M	3.5M	6.8M	8.6M	4.9M	6.3M	6.9M	11.9M	11.1M
Shareholders' equity	15.2M	17.7M	36.3M	42.1M	43.3M	69.4M	71.1M	86.1M	86.6M	100.9M
Total debt	—	—	0	3M	4.6M	1.9M	1.3M	2.6M	2M	2.8M
Net debt	—	—	-9.9M	-8.8M	-8.3M	-32.4M	-30.5M	-29.5M	-34.5M	-40.8M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	—	—	—	—	—	—	—	—	45.4M	43.6M	43.5M	50M
Receivables	—	—	—	—	—	—	—	—	10.4M	10.7M	11.9M	12.9M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	58M	56.5M	57.3M	65.2M
Property, plant & equipment	—	—	—	—	—	—	—	—	3.5M	3.5M	3.3M	3.2M
Goodwill & intangibles	—	—	—	—	—	—	—	—	88M	89M	90.8M	92.8M
Total assets	—	—	—	—	—	—	—	—	112.1M	112M	112.6M	120.3M
Accounts payable	—	—	—	—	—	—	—	—	2.8M	2M	2M	1.5M
Short-term debt	—	—	—	—	—	—	—	—	403K	396K	391K	428K
Total current liabilities	—	—	—	—	—	—	—	—	6.9M	7.9M	5.1M	6M
Long-term debt	—	—	—	—	—	—	—	—	2.5M	2.4M	2.3M	2.2M
Total liabilities	—	—	—	—	—	—	—	—	10.3M	11.1M	8.1M	8.7M
Shareholders' equity	—	—	—	—	—	—	—	—	101.7M	100.9M	104.5M	111.6M
Total debt	—	—	—	—	—	—	—	—	2.9M	2.8M	2.7M	2.6M
Net debt	—	—	—	—	—	—	—	—	-42.5M	-40.8M	-40.7M	-47.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-16.9M	-21.5M	-6.9M	-11.1M	-6.8M	655K	616K	13.5M	7M	13.2M
Depreciation & amortization	607K	1.1M	2M	2.9M	4.2M	5.4M	6.7M	8.4M	9.6M	10.7M
Stock-based compensation	1.8M	2.9M	709K	9.9M	8.1M	6.6M	5.5M	5.4M	5.9M	6.5M
Change in working capital	393K	-914K	-696K	-2M	-178K	-1.3M	-2.6M	-3.8M	-2M	-3.4M
Operating cash flow	-12.7M	-14.8M	-4.5M	184K	5.8M	12.1M	10.8M	14.2M	23.1M	29.3M
Capital expenditure	-240K	-515K	-90K	-90K	-154K	-280K	-373K	-122K	-169K	-10.6M
Investing cash flow	-240K	-515K	-90K	-90K	-154K	-280K	-373K	-122K	-169K	-10.6M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	0	-878K	-3.7M	-5.9M	-915K
Financing cash flow	16.2M	16.7M	23.9M	6.2M	324K	17.6M	-6.1M	-5.7M	-9.9M	-11.1M
Net change in cash	3.3M	1.4M	19.3M	6.3M	5.9M	29.4M	4.4M	8.4M	13M	7.6M
Free cash flow	-16M	-16.9M	-14.1M	-4.4M	857K	3.7M	3.6M	5.9M	14.4M	18.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	12.5M	-1.1M	1.8M	2.6M	1.7M	863K	3.4M	2.7M	4.2M	2.8M	4.4M	5M
Depreciation & amortization	2.2M	2.2M	2.3M	2.4M	2.4M	2.5M	2.5M	2.6M	2.7M	2.8M	2.8M	2.8M
Stock-based compensation	1.4M	1.3M	1.4M	1.4M	1.7M	1.5M	1.6M	1.8M	1.7M	1.4M	2M	2.2M
Change in working capital	-215K	-719K	-101K	-1.6M	192K	-471K	-2.3M	-327K	392K	-1.2M	-1.6M	-1.4M
Operating cash flow	5.5M	2.4M	6M	5.6M	7.1M	4.5M	6.4M	7.5M	10.2M	6.7M	6.6M	10.6M
Capital expenditure	-47K	-24K	-65K	-52K	-35K	-17K	-50K	-2.5M	-2.7M	-2.9M	-3.4M	-3.4M
Investing cash flow	-47K	-24K	-65K	-52K	-35K	-17K	-50K	-2.5M	-2.7M	-2.9M	-3.4M	-3.4M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-341K	-2.5M	-1.4M	-4.4M	0	0	0	0	-653K	-262K	-2.7M	-435K
Financing cash flow	-488K	-4.3M	-1.8M	-4.5M	-28K	-3.6M	-4.4M	-525K	-786K	-5.4M	-3.2M	-651K
Net change in cash	5M	-1.9M	4.1M	1M	7M	826K	1.9M	4.4M	6.7M	-1.7M	-43K	6.6M
Free cash flow	3.3M	2.1M	1.9M	3.3M	4.8M	4.4M	2.5M	4.8M	7.3M	3.7M	3.1M	7.2M

Red Violet, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement