Red Violet, Inc.
Business
Red Violet, Inc. provides cloud-native, AI-enabled identity intelligence solutions through two brands: IDI, offering analytics and investigation tools for identity verification, fraud detection, and compliance; and FOREWARN, a risk-mitigation app for real estate professionals. The company delivers software via SaaS subscriptions, transactional usage, and hybrid models through hosted platforms, APIs, and batch processing. Red Violet serves financial services, insurance, healthcare, law enforcement, government, collections, and corporate security sectors across North American markets.
Summary from 10-K filed 2026-03-04
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 90 | 75 | 60 | 53 | 44 | |
| Cost of revenue (exclusive of depreciation and amortization) | 15 | 14 | 13 | — | — | |
| Sales and marketing expenses | 22 | 18 | 14 | 11 | 9 | |
| General and administrative expenses | 30 | 26 | 22 | 23 | 20 | |
| Depreciation and amortization | 11 | 10 | 8 | 7 | 5 | |
| Total costs and expenses | 77 | 67 | 58 | 53 | 45 | |
| Income from operations | 13 | 8 | 3 | 361,000 | −1 | |
| Interest income, net | 1 | 1 | 1 | 351,000 | −7,000 | |
| Income before income taxes | 15 | 9 | 4 | 712,000 | 853,000 | |
| Income tax expense | 1 | 2 | −10 | 96,000 | 198,000 | |
| Net income | 13 | 7 | 14 | 616,000 | 655,000 | |
| Basic (per share) | 0.94 | 0.51 | 0.97 | 0.04 | 0.05 | |
| Diluted (per share) | 0.91 | 0.5 | 0.96 | 0.04 | 0.05 | |
| Basic (shares) | 14 | 14 | 14 | 14 | 13 | |
| Diluted (shares) | 14 | 14 | 14 | 14 | 13 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 44 | 37 | 32 | 32 | 34 | |
| Accounts receivable, net of allowance for doubtful accounts of $231 and $188 as of December 31, 2025 and 2024, respectively | 11 | 8 | 7 | 6 | 4 | |
| Prepaid expenses and other current assets | 2 | 2 | 1 | 771,000 | 599,000 | |
| Total current assets | 57 | 46 | 40 | 38 | 39 | |
| Property and equipment, net | 882,000 | 545,000 | 592,000 | 709,000 | 577,000 | |
| Intangible assets, net | 39 | 36 | 34 | 32 | 28 | |
| Goodwill | 5 | 5 | 5 | 5 | 5 | |
| Right-of-use assets | 3 | 2 | 2 | 1 | 2 | |
| Deferred tax assets | 7 | 7 | 10 | 0 | — | |
| Other noncurrent assets | 949,000 | 1 | 517,000 | 601,000 | 137,000 | |
| Total assets | 112 | 99 | 93 | 77 | 74 | |
| Accounts payable | 2 | 2 | 2 | 2 | 2 | |
| Accrued expenses and other current liabilities | 4 | 3 | 2 | 2 | 395,000 | |
| Current portion of operating lease liabilities | 396,000 | 406,000 | 569,000 | 692,000 | 617,000 | |
| Deferred revenue | 1 | 712,000 | 690,000 | 670,000 | 841,000 | |
| Dividend payable | 0 | 4 | 0 | — | — | |
| Total current liabilities | 8 | 10 | 5 | 5 | 3 | |
| Noncurrent operating lease liabilities | 2 | 2 | 2 | 598,000 | 1 | |
| Other noncurrent liabilities | 820,000 | 0 | — | — | — | |
| Total liabilities | 11 | 12 | 7 | 6 | 5 | |
| Preferred stock - $0.001 par value, 10,000,000 shares authorized, and 0 shares issued and outstanding, as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock - $0.001 par value, 200,000,000 shares authorized, , 14,151,350 and13,936,329 shares issued and outstanding, as of December 31, 2025 and 2024 | 14,000 | 14,000 | 14,000 | 14,000 | 13,000 | |
| Additional paid-in capital | 89 | 87 | 94 | 92 | 91 | |
| Retained earnings (accumulated deficit) | 12 | −870,000 | −8 | −21 | −22 | |
| Total shareholders' equity | 101 | 87 | 86 | 71 | 69 | |
| Total liabilities and shareholders' equity | 112 | 99 | 93 | 77 | 74 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Share-based compensation expense | 7 | 6 | 5 | 6 | 7 | |
| Write-off of long-lived assets | 3,000 | 85,000 | 6,000 | 177,000 | 32,000 | |
| Provision for bad debts | 760,000 | 342,000 | 1 | 174,000 | 95,000 | |
| Noncash lease expenses | 509,000 | 556,000 | 576,000 | 547,000 | 500,000 | |
| Deferred income tax expense | 911,000 | 2 | −10 | 89,000 | 198,000 | |
| Accounts receivable | −3 | −1 | −3 | −2 | −630,000 | |
| Prepaid expenses and other current assets | −654,000 | −514,000 | −342,000 | −172,000 | −18,000 | |
| Other noncurrent assets | 199,000 | −656,000 | 84,000 | −464,000 | 2,000 | |
| Accounts payable | −150,000 | 496,000 | −598,000 | 624,000 | −470,000 | |
| Accrued expenses and other current liabilities | 884,000 | 936,000 | 100,000 | 1 | −1 | |
| Deferred revenue | 316,000 | 22,000 | 20,000 | −171,000 | 337,000 | |
| Operating lease liabilities | −359,000 | −570,000 | −641,000 | −618,000 | −552,000 | |
| Net cash provided by operating activities | 29 | 24 | 15 | 12 | 9 | |
| Purchase of property and equipment | −563,000 | −169,000 | −122,000 | −373,000 | −280,000 | |
| Capitalized costs included in intangible assets | −11 | −9 | −9 | −8 | −5 | |
| Net cash used in investing activities | −11 | −10 | −9 | −9 | −5 | |
| Taxes paid related to net share settlement of vesting of restricted stock units | −6 | −4 | −2 | −5 | −3 | |
| Repurchases of common stock | −915,000 | −6 | −4 | −878,000 | — | |
| Dividend payable | −4 | 0 | — | — | — | |
| Net cash used in financing activities | −11 | −10 | −6 | −6 | 18 | |
| Net increase in cash and cash equivalents | 7 | 4 | 222,000 | −2 | 21 | |
| Cash paid for interest | 0 | 0 | 0 | 0 | 0 | |
| Cash paid for income taxes | 629,000 | 607,000 | 82,000 | 39,000 | 0 | |
| Share-based compensation capitalized in intangible assets | 2 | 2 | 2 | 2 | 1 | |
| Right-of-use assets obtained in exchange for new operating lease liabilities | 1 | 0 | 2 | 0 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Red Violet, Inc.'s CIK number?
Red Violet, Inc.'s SEC CIK number is 0001720116 (1720116). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Red Violet, Inc.'s SEC filings?
All of Red Violet, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Red Violet, Inc. last report earnings?
Red Violet, Inc. (RDVT) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-212022). This is Red Violet, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Red Violet, Inc.'s most recent earnings 8-K?
Red Violet, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-212022. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Red Violet, Inc.'s latest earnings 8-K →
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