RDVT
Red Violet, Inc.54.31
+0.62+1.15%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Enterprise wins ramp into 2026
Q&A reinforced prepared optimism on enterprise momentum, spotlighting payroll processor and toll authority wins ramping meaningfully into 2026 while toll contributed minimally in Q4. Management flagged public sector law enforcement, state-level traction, and background screening as prime 2026 drivers, with whale-sized prospects already in the pipeline. No material data rights renewals loom near-term. Cash prioritizes AI-fueled investments for horizontal and vertical expansion over buybacks. Existing customers expand spend beyond mid-single digits. Sales headcount dipped from culling underperformers. Healthy top-line growth continues sans formal guidance. Watch those big ramps.
Key Stats
Market Cap
765.13MP/E (TTM)
69.63Basic EPS (TTM)
0.78Dividend Yield
0%Recent Filings
8-K
Record revenue, margin gains
10-K
FY2025 results
Red Violet crushed FY2025 with revenue up 20% y/y to $90.3M and net income nearly doubling to $13.2M, fueled by new customer onboarding and existing base expansion—IDI billable customers hit 10,022 (up 12%), FOREWARN users 390,018 (up 29%). Q4 accelerated the momentum, revenue jumping 20% y/y to $23.4M while gross margin ticked to 72%; yet adjusted EBITDA margin dipped to 25% amid sales investments. Cash from operations swelled 22% to $29.3M, funding a $4.2M special dividend and stock buybacks under a $30M program. Q4 delivered. Cybersecurity breaches could disrupt this trajectory.
8-K
Exec contracts extended
Red Violet extended employment agreements for CEO Derek Dubner, President James Reilly, CFO Daniel MacLachlan, and CIO Jeffrey Dell on January 9, 2026. Terms now run to March 31, 2030, up ~3 years from March 26, 2027, with auto-renewal absent 120-day notice. Leadership locked in. No other changes disclosed.
8-K
Record Q3 revenue, EBITDA
Red Violet crushed Q3 with record revenue of $23.1 million, up 21%, adjusted EBITDA of $9.0 million at 39% margin, and free cash flow of $7.3 million. Growth spanned Investigative, Emerging Markets, and FOREWARN, adding 304 IDI customers to 9,853 and 25,000 FOREWARN users to over 590 associations. Board boosted share repurchase by $15 million. Momentum powers AI investments.
10-Q
Q3 FY2025 results
Red Violet crushed Q3 with revenue jumping 21% y/y to $23.1M, operating income up 83% to $4.6M, and diluted EPS rising to $0.29 from $0.12—all on stronger gross margins of 73% versus 70%. YTD revenue grew 20% to $66.9M, net income climbed 68% to $10.3M ($0.71 diluted EPS), backed by 31% q/q revenue acceleration (derived). Cash swelled to $45.4M, no debt, with YTD FCF at $14.5M (derived: operating cash $22.7M minus capex $8.1M). Stock buybacks signal confidence. Daniel's Law litigation lingers as a regulatory wildcard.
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