Red Violet, Inc. (RDVT) Income Statement
RDVT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsRDVT revenue and net income
Where RDVT's revenue goes
2025Each bar shows an amount and its share of revenue. RDVT kept 14.6% of revenue as net income.
RDVT profit margins
RDVT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +20.0% | +19.2% | +21.1% | +36.6% |
| Gross profit | +23.5% | +22.5% | +26.5% | +48.5% |
| Operating income | +65.9% | +231.4% | — | — |
| Net income | +87.8% | +177.4% | — | — |
| EPS (diluted) | +38.3% | +181.9% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RDVT quarterly EPS vs estimates
Red Violet beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.31).
RDVT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $90.3M | $75.2M | $60.2M | $53.3M | $44.0M | $34.6M | $30.3M | $16.3M | $8.6M | $4.6M |
| Cost of revenue | $14.7M | $14.0M | $13.1M | $12.2M | $11.2M | $11.3M | $12.3M | $8.6M | $7.1M | $4.3M |
| Gross profit | $75.6M | $61.2M | $47.1M | $41.1M | $32.8M | $23.3M | $18.0M | $7.7M | $1.5M | $279,000 |
| Research & development | — | $9.3M | $8.1M | $6.4M | $5.2M | $4.0M | $2.6M | $1.7M | $866,000 | $0 |
| Sales, general & admin | $51.8M | $43.7M | $36.3M | $34.1M | $28.7M | $25.9M | $26.4M | $13.2M | $21.9M | $12.5M |
| Total operating expenses | $62.4M | $53.3M | $44.6M | $40.7M | $34.1M | $30.1M | $29.2M | $15.2M | $23.0M | $13.1M |
| Operating income | $13.1M | $7.9M | $2.5M | $361,000 | −$1.3M | −$6.8M | −$11.2M | −$7.5M | −$21.5M | −$12.8M |
| Interest income | $1.4M | $1.4M | $1.3M | — | — | $18,000 | $136,000 | $84,000 | — | — |
| Interest expense | — | — | — | $351,000 | $7,000 | $0 | $0 | $0 | $0 | $0 |
| Income before taxes | $14.6M | $9.3M | $3.8M | $712,000 | $853,000 | −$6.8M | −$11.1M | −$6.9M | −$21.5M | −$16.9M |
| Income taxes | $1.4M | $2.3M | −$9.7M | $96,000 | $198,000 | −$18,000 | −$136,000 | $623,000 | −$9.2M | −$38,000 |
| Net income | $13.2M | $7.0M | $13.5M | $616,000 | $655,000 | −$6.8M | −$11.1M | −$6.9M | −$21.5M | −$16.9M |
| EBITDA | $25.2M | $18.9M | $12.2M | $7.4M | $6.3M | −$2.6M | −$8.3M | −$5.5M | −$20.4M | −$12.2M |
| EPS (diluted) | $1.12 | $0.81 | $0.74 | $0.05 | −$0.23 | −$0.58 | −$1.27 | −$0.67 | −$2.37 | −$0.28 |
| Gross margin | 83.7% | 81.4% | 78.3% | 77.1% | 74.6% | 67.4% | 59.5% | 47.0% | 17.6% | 6.1% |
| Operating margin | 14.6% | 10.5% | 4.2% | 0.7% | −3.0% | −19.8% | −37.0% | −46.0% | −250.6% | −280.2% |
| Net margin | 14.6% | 9.3% | 22.5% | 1.2% | 1.5% | −19.7% | −36.6% | −42.1% | −250.6% | −367.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.7M | $25.8M | $23.4M | $23.1M | $21.8M | $22.0M | $19.6M | $19.1M | $19.1M | $17.5M | $15.1M | $15.8M |
| Cost of revenue | $3.8M | $3.8M | $1.2M | $3.6M | $3.5M | $3.7M | $3.5M | $3.3M | $3.5M | $3.8M | $3.3M | $3.3M |
| Gross profit | $22.9M | $22.0M | $22.1M | $19.5M | $18.3M | $18.3M | $16.1M | $15.7M | $15.6M | $13.8M | $11.7M | $12.5M |
| Research & development | — | — | — | $2.7M | — | — | — | — | $2.3M | $2.2M | $6.0M | $2.1M |
| Sales, general & admin | $14.0M | $13.8M | $15.1M | $12.2M | $12.9M | $11.6M | $13.2M | $10.8M | $10.2M | $9.5M | $6.9M | $8.6M |
| Total operating expenses | $16.8M | $16.6M | $20.5M | $14.9M | $15.5M | $14.1M | $15.7M | $13.2M | $12.5M | $11.8M | $12.6M | $10.8M |
| Operating income | $6.1M | $5.4M | $1.6M | $4.6M | $2.8M | $4.2M | $371,000 | $2.5M | $3.1M | $2.0M | −$895,000 | $1.8M |
| Interest income | $394,000 | $344,000 | $387,000 | $386,000 | $339,000 | $308,000 | $368,000 | $353,000 | $314,000 | $365,000 | — | $346,000 |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $286,000 | — |
| Income before taxes | $6.5M | $5.8M | $2.0M | $5.0M | $3.1M | $4.5M | $739,000 | $2.9M | $3.4M | $2.3M | −$508,000 | $2.1M |
| Income taxes | $1.5M | $1.4M | −$828,000 | $749,000 | $404,000 | $1.1M | −$124,000 | $1.1M | $745,000 | $564,000 | $562,000 | −$10.4M |
| Net income | $5.0M | $4.4M | $2.8M | $4.2M | $2.7M | $3.4M | $863,000 | $1.7M | $2.6M | $1.8M | −$1.1M | $12.5M |
| EBITDA | $8.9M | $8.6M | $4.8M | $7.7M | $5.8M | $7.1M | $3.2M | $5.3M | $5.8M | $4.6M | $1.7M | $4.3M |
| EPS (diluted) | $0.37 | $0.46 | $0.21 | $0.30 | $0.28 | $0.33 | $0.09 | $0.22 | $0.28 | $0.22 | −$0.08 | $0.87 |
| Gross margin | 85.7% | 85.2% | 94.7% | 84.3% | 83.9% | 83.4% | 82.3% | 82.6% | 81.9% | 78.6% | 77.8% | 79.1% |
| Operating margin | 22.8% | 21.1% | 6.8% | 19.8% | 12.6% | 19.1% | 1.9% | 13.1% | 16.1% | 11.3% | −5.9% | 11.1% |
| Net margin | 18.6% | 17.0% | 12.0% | 18.3% | 12.3% | 15.6% | 4.4% | 9.0% | 13.8% | 10.2% | −7.1% | 78.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RDVT's financial statements (latest annual report filed March 4, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RDVT financial results
In fiscal year 2025 (ended December 31, 2025), Red Violet reported revenue of $90.3 million, up 20.0% from the year before. It had net income of $13.2 million (up 87.8%), a net profit margin of 14.6%. Diluted earnings per share came to $1.12. Over five years revenue grew at an average rate of 21.1% a year.
See the RDVT stock overview for the latest quote and news, or the RDVT chart for price history and technical indicators.
RDVT income statement FAQ
What is Red Violet's annual revenue?
Red Violet reported total revenue of $90.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 20.0% from $75.2 million the previous year.
Is Red Violet profitable?
Yes. Red Violet reported net income of $13.2 million in fiscal 2025, a net profit margin of 14.6%; its operating margin was 14.6%.
What is Red Violet's gross margin?
Red Violet's gross margin was 83.7% in fiscal 2025: for every $100 of revenue, Red Violet kept $84 after the direct cost of its products and services.
How fast is Red Violet growing?
Revenue grew 21.1% a year on average over the last five fiscal years, from $34.6 million to $90.3 million.
What are Red Violet's earnings per share?
Red Violet earned $1.12 per diluted share in fiscal 2025, compared with $0.81 a year earlier.
When will Red Violet report its next earnings?
Red Violet is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Red Violet's fiscal year end?
Red Violet's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 4, 2026.