RDVT
Red Violet, Inc.
Next earnings Aug 4, 2026 · consensus $0.34 EPS, $26.1M rev
Last earnings +12.6% on 2026-05-07
$60.28
▲ +7.22%$60.28▲ +27.04%
over 1Y
L $34.40EODHDH $60.28
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+7.2%
1W+10.9%
1M+15.4%
3M+72.0%
YTD+17.3%
1Y+27.0%
Buy
Conviction
Horizon
Long (>12mo)
12-mo target
$•••
Street · 8 analysts
Buy
High-quality, debt-free identity-intelligence compounder with accelerating profitability — premium multiple is earned, not stretched.
The read
The fundamentals carry the rating, but the price is rich (~43% above our fair-value estimate) — a quality-at-a-price call. The case rests on the business, not the entry; patient buyers may wait for a pullback.
Red Violet runs a cloud-native identity-intelligence platform (CORE) monetized through two brands — IDI (enterprise risk/fraud/compliance) and FOREWARN (real-estate safety app). The filing makes clear this is a sticky, licensing-driven business: IDI billable customers grew from 8,926 to 10,022 (+12.3%) and FOREWARN users jumped from 303,418 to 390,018 (+28.6%) in FY2025. That customer expansion shows up in the numbers — FY2025 revenue of $90.3M is up 20.0% YoY, the fifth consecutive year of growth (FY21 $44.0M → FY25 $90.3M, ~20% CAGR), and net income nearly doubled to $13.2M (+87.8%) on operating income of $13.1M (+65.9%). Operating leverage is real: revenue +20% drove operating income +66%, and diluted EPS jumped to $0.91 (+82%).
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $44.0M | $53.3M | $60.2M | $75.2M | $90.3M |
| Gross profit | — | — | — | — | — |
| Operating income | -$1.31M | $361K | $2.50M | $7.92M | $13.1M |
| Net income | $655K | $616K | $13.5M | $7.00M | $13.2M |
| Diluted EPS | $0.05 | $0.04 | $0.96 | $0.50 | $0.91 |
| Net margin | 1.5% | 1.2% | 22.5% | 9.3% | 14.6% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$807M
EV / EBITDA33.9
EV / Sales8.9
EV / FCF28.0
P / FCF29.5
PEG (trailing)0.75
Earnings yield1.5%
FCF yield3.4%
Quality & risk
ROIC (est.)10.3%
Free cash flow$28.8M
Total debt$0.00
Net cash$43.6M
Altman Z-Score47.90 safe
Piotroski F-Score7/8
Capital returns
Buyback yield0.1%
Dividend yield (est.)—
Shareholder yield0.1%
Shares Δ YoY+1.2%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has been improving.
- 8-K Officer / director change2026-06-05
Annual meeting vote results and board/officer change disclosed
- 8-K Earnings results2026-05-07
Q1 2026 earnings release furnished; continues FY25 growth momentum
- 10-Q Quarterly report2026-05-06
Q1 2026 10-Q filed; extends profitable growth trajectory
- DEF 14A Proxy statement2026-04-21
2026 proxy: director slate, exec comp and auditor ratification
- 8-K Earnings results2026-03-05
FY2025 results: revenue +20%, net income +88% to $13.2M
- 10-K Annual report2026-03-04
FY25 10-K: $90M rev (+20%), $13.2M NI, $43.6M cash, no debt
- 8-K Officer / director change2026-01-13
Officer/director appointment or departure announced
- S-3 Shelf registration (potential raise)2025-11-19
Shelf registration filed enabling future securities issuance (dilution risk)
- 8-K Reg FD disclosure2025-11-06
Reg FD disclosure (investor materials/presentation) furnished
Recent filings
all on EDGAR ↗4Period ending 2026-06-042026-06-05open ↗4Period ending 2026-06-042026-06-05open ↗8-KPeriod ending 2026-06-032026-06-05open ↗4Period ending 2026-06-042026-06-05open ↗4Period ending 2026-06-042026-06-05open ↗SCHEDULE 13D/AFiling2026-06-01open ↗4Period ending 2026-06-012026-06-01open ↗4Period ending 2026-06-012026-06-01open ↗4Period ending 2026-06-012026-06-01open ↗4Period ending 2026-06-012026-06-01open ↗SCHEDULE 13DFiling2026-06-01open ↗144Filing2026-06-01open ↗
Frequently asked
- Is Red Violet, Inc. (RDVT) a buy?
- RDVT currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. High-quality, debt-free identity-intelligence compounder with accelerating profitability — premium multiple is earned, not stretched.
- What is RDVT's fair value?
- A Modified-Graham model based on RDVT's SEC fundamentals estimates a fair value of about $34.58. It is an estimate from reported earnings, not a price target.
- Is RDVT overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, RDVT currently appears overvalued relative to its SEC-grounded earnings power.
- What is Red Violet, Inc.'s quality score?
- RDVT scores 70.86274509803921/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001720116, latest 10-Q filed 2026-05-06) · EODHD · analysis by claude-code · as of 6/25/2026, 3:02:41 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.