Red Violet, Inc. (RDVT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 25.83M | 23.39M | 23.08M | 21.77M | 22M | 19.57M | 19.06M | 19.06M | 17.51M | 15.06M | 15.84M | 14.68M | 14.63M | 13.07M | 15.03M | 12.49M | 12.73M | 11.26M | 11.67M | 10.88M |
| Revenue Growth % | 17.39% | 19.56% | 21.13% | 14.26% | 25.65% | 29.91% | 20.33% | 29.81% | 19.73% | 15.24% | 5.4% | 17.5% | 14.9% | 16.09% | 28.78% | 14.85% | 24.59% | 25.61% | 25.91% | 54.18% |
| Cost of Goods Sold | 3.82M | 1.24M | 3.62M | 6.15M | 3.66M | 3.47M | 3.31M | 3.46M | 3.76M | 3.34M | 3.31M | 3.24M | 3.18M | 3.05M | 3.07M | 2.92M | 3.17M | 2.93M | 2.79M | 2.72M |
| COGS % of Revenue | 14.79% | 5.32% | 15.69% | 28.24% | 16.64% | 17.75% | 17.39% | 18.13% | 21.45% | 22.16% | 20.92% | 22.07% | 21.74% | 23.37% | 20.41% | 23.37% | 24.9% | 26% | 23.89% | 25% |
| Gross Profit | 22.01M | 22.15M | 19.46M | 15.63M | 18.34M | 16.09M | 15.74M | 15.6M | 13.76M | 11.72M | 12.52M | 11.44M | 11.45M | 10.02M | 11.96M | 9.57M | 9.56M | 8.33M | 8.88M | 8.16M |
| Gross Margin % | 85.21% | 94.68% | 84.31% | 71.76% | 83.36% | 82.25% | 82.61% | 81.87% | 78.55% | 77.84% | 79.08% | 77.93% | 78.26% | 76.63% | 79.59% | 76.63% | 75.1% | 74% | 76.11% | 75% |
| Gross Profit Growth % | 20% | 37.63% | 23.62% | 0.16% | 33.35% | 37.27% | 25.7% | 36.37% | 20.16% | 17.06% | 4.72% | 19.49% | 19.75% | 20.21% | 34.66% | 17.34% | 28.21% | 32.89% | 35.3% | 82.57% |
| Operating Expenses | 16.57M | 20.55M | 14.88M | 12.88M | 14.13M | 15.72M | 13.24M | 12.53M | 11.77M | 12.62M | 10.76M | 10.21M | 11.05M | 11.93M | 9.8M | 9.73M | 9.28M | 9.92M | 7.63M | 8.57M |
| OpEx % of Revenue | 64.14% | 87.84% | 64.48% | 59.13% | 64.22% | 80.36% | 69.5% | 65.77% | 67.23% | 83.79% | 67.94% | 69.53% | 75.52% | 91.3% | 65.23% | 77.92% | 72.89% | 88.1% | 65.36% | 78.77% |
| Selling, General & Admin | 13.76M | 15.13M | 12.19M | 12.88M | 11.58M | 13.24M | 10.81M | 10.16M | 9.5M | 10.41M | 8.59M | 8.15M | 9.13M | 10.12M | 8.09M | 8.12M | 7.74M | 8.45M | 6.28M | 7.24M |
| SG&A % of Revenue | 53.26% | 64.69% | 52.81% | 59.13% | 52.63% | 67.68% | 56.73% | 53.3% | 54.26% | 69.11% | 54.23% | 55.54% | 62.42% | 77.41% | 53.83% | 65.01% | 60.84% | 75.08% | 53.83% | 66.54% |
| Research & Development | 0 | 0 | 2.65M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | 11.48% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 43K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 5.44M | 1.6M | 4.58M | 2.75M | 4.21M | 371K | 2.5M | 3.07M | 1.98M | -895K | 1.76M | 1.23M | 401K | -1.92M | 2.16M | -161K | 281K | -1.59M | 1.25M | -410K |
| Operating Margin % | 21.08% | 6.84% | 19.82% | 12.63% | 19.14% | 1.9% | 13.11% | 16.1% | 11.32% | -5.94% | 11.14% | 8.4% | 2.74% | -14.67% | 14.36% | -1.29% | 2.21% | -14.1% | 10.76% | -3.77% |
| Operating Income Growth % | 29.28% | 331.27% | 83.19% | -10.33% | 112.36% | 141.45% | 41.53% | 148.82% | 394.51% | 53.31% | -18.21% | 865.84% | 42.7% | -20.79% | 71.95% | 60.73% | 149.04% | 15.09% | 236.71% | 83.81% |
| EBITDA | 8.25M | 4.37M | 4.67M | 5.4M | 6.76M | 2.85M | 4.93M | 5.45M | 4.25M | 1.32M | 3.94M | 3.29M | 2.32M | -102K | 3.87M | 1.45M | 1.81M | -121K | 2.6M | 920K |
| EBITDA Margin % | 31.96% | 18.68% | 20.22% | 24.79% | 30.73% | 14.58% | 25.88% | 28.57% | 24.29% | 8.74% | 24.85% | 22.39% | 15.84% | -0.78% | 25.76% | 11.62% | 14.26% | -1.07% | 22.28% | 8.46% |
| EBITDA Growth % | 22.08% | 53.19% | -5.37% | -0.86% | 58.97% | 116.72% | 25.3% | 65.65% | 83.56% | 1390.2% | 1.68% | 126.38% | 27.66% | 15.7% | 48.88% | 57.83% | 164.96% | 82.02% | 1200% | 159.74% |
| D&A (Non-Cash Add-back) | 2.81M | 2.77M | 91K | 2.65M | 2.55M | 2.48M | 2.43M | 2.38M | 2.27M | 2.21M | 2.17M | 2.05M | 1.92M | 1.81M | 1.71M | 1.61M | 1.53M | 1.47M | 1.34M | 1.33M |
| EBIT | 0 | 1.6M | 4.96M | 3.09M | 4.21M | 371K | 2.5M | 3.07M | 1.98M | -895K | 1.76M | 1.23M | 401K | -1.92M | 2.16M | -161K | 281K | -1.59M | 1.25M | -410K |
| Net Interest Income | 0 | 387K | 386K | 339K | 308K | 368K | 353K | 314K | 365K | 387K | 346K | 315K | 286K | 225K | 125K | 0 | 1K | 1K | 1K | -4K |
| Interest Income | 344K | 387K | 386K | 339K | 308K | 368K | 353K | 314K | 365K | 387K | 346K | 315K | 286K | 225K | 125K | 0 | 1K | 1K | 1K | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | 4K |
| Other Income/Expense | 344K | 387K | 386K | 339K | 308K | 368K | 353K | 314K | 365K | 387K | 346K | 315K | 286K | 225K | 125K | 0 | 1K | 1K | 1K | 2.17M |
| Pretax Income | 5.79M | 1.99M | 4.96M | 3.09M | 4.52M | 739K | 2.85M | 3.38M | 2.35M | -508K | 2.11M | 1.55M | 687K | -1.69M | 2.28M | -161K | 282K | -1.59M | 1.26M | 1.76M |
| Pretax Margin % | 22.41% | 8.49% | 21.5% | 14.19% | 20.54% | 3.78% | 14.96% | 17.75% | 13.41% | -3.37% | 13.33% | 10.54% | 4.7% | -12.95% | 15.19% | -1.29% | 2.22% | -14.09% | 10.76% | 16.19% |
| Income Tax | 1.4M | -828K | 749K | 404K | 1.08M | -124K | 1.13M | 745K | 564K | 562K | -10.38M | 160K | -29K | -148K | 25K | 44K | 175K | 198K | 0 | 0 |
| Effective Tax Rate % | 24.19% | -41.67% | 15.09% | 13.07% | 23.88% | -16.78% | 39.71% | 22.03% | 24.02% | -110.63% | -491.9% | 10.34% | -4.22% | 8.75% | 1.1% | -27.33% | 62.06% | -12.48% | 0% | 0% |
| Net Income | 4.39M | 2.81M | 4.21M | 2.69M | 3.44M | 863K | 1.72M | 2.64M | 1.78M | -1.07M | 12.49M | 1.39M | 716K | -1.54M | 2.26M | -205K | 107K | -1.78M | 1.26M | 1.76M |
| Net Margin % | 16.99% | 12.03% | 18.25% | 12.34% | 15.63% | 4.41% | 9.02% | 13.84% | 10.19% | -7.1% | 78.9% | 9.46% | 4.9% | -11.81% | 15.03% | -1.64% | 0.84% | -15.85% | 10.76% | 16.19% |
| Net Income Growth % | 27.56% | 226.19% | 145.08% | 1.86% | 92.83% | 180.65% | -86.24% | 89.99% | 149.16% | 30.7% | 453.37% | 777.07% | 569.16% | 13.45% | 79.78% | -111.64% | 118.51% | 4.85% | 235.78% | 169.55% |
| Net Income (Continuing) | 4.39M | 2.81M | 4.21M | 2.69M | 3.44M | 863K | 1.72M | 2.64M | 1.78M | -1.07M | 12.49M | 1.39M | 716K | -1.54M | 2.26M | -205K | 107K | -1.78M | 1.26M | 1.76M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.30 | 0.20 | 0.29 | 0.18 | 0.24 | -0.43 | 0.12 | 0.19 | 0.13 | -0.08 | 0.87 | 0.10 | 0.05 | -0.11 | 0.16 | -0.01 | 0.01 | -0.13 | 0.09 | 0.13 |
| EPS Growth % | 25% | 146.51% | 141.67% | -5.26% | 84.62% | -462.09% | -86.21% | 94.08% | 158.45% | 30.45% | 443.75% | 757.05% | - | 15.38% | 77.78% | -111.46% | 116.07% | 18.75% | 217.49% | 159.09% |
| EPS (Basic) | 0.31 | 0.20 | 0.30 | 0.19 | 0.25 | -0.44 | 0.12 | 0.19 | 0.13 | -0.08 | 0.90 | 0.10 | 0.05 | -0.11 | 0.16 | -0.01 | 0.01 | -0.14 | 0.10 | 0.14 |
| Diluted Shares Outstanding | 14.39M | 14.4M | 14.62M | 14.55M | 14.49M | 14.13M | 14.31M | 14.05M | 14.16M | 13.99M | 14.33M | 14.17M | 14.24M | 13.96M | 13.76M | 13.78M | 14.05M | 13.65M | 13.65M | 13.56M |
| Basic Shares Outstanding | 14.19M | 14.04M | 14.03M | 14.02M | 14M | 13.86M | 13.78M | 13.78M | 14M | 13.99M | 13.95M | 13.96M | 14M | 13.96M | 13.75M | 13.78M | 13.54M | 12.74M | 12.74M | 12.27M |
| Dividend Payout Ratio | - | - | - | - | 121.54% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |