Red Violet, Inc. (RDVT) SEC Filings, Mar-Jun 2026

RDVT submitted a Rule 144 notice relating to proposed sales of its Common Stock. The filing lists a 10,000 figure alongside other share counts and shows vested restricted stock unit events of 4,235 (11/01/2024) and 5,765 (12/02/2024). The filing lists NASDAQ and an address for Raymond James.

Red Violet, Inc. reported a strong first quarter of 2026 with revenue of $25.8 million, up 17% year-over-year, despite the prior-year quarter including $1.2 million of one-time revenue. Net income rose 28% to $4.4 million, or $0.30 per diluted share.

Adjusted results were even stronger. Adjusted gross profit reached $22.0 million with a record 85% adjusted gross margin, while adjusted EBITDA increased 27% to $10.7 million, a 41% margin. Adjusted net income was $6.6 million, or $0.46 per diluted share.

The company generated $6.6 million in operating cash flow and $3.1 million in free cash flow, ending the quarter with $43.5 million in cash and no debt. IDI™ billable customers grew to 10,422 and FOREWARN® users to 417,680, supporting management’s view of a sizable long-term growth opportunity, including further AI-enabled product expansion.

Red Violet, Inc. delivered strong first-quarter growth, with revenue up 17% to $25.8 million and net income rising 28% to $4.4 million. Basic and diluted EPS were $0.31 and $0.30, respectively. Gross margin improved to 75%, while adjusted gross margin reached 85%. Adjusted EBITDA increased 27% to $10.7 million, a 41% margin, and free cash flow grew to $3.1 million. Cash and cash equivalents were $43.5 million with total assets of $112.6 million and shareholders’ equity of $104.5 million. The IDI brand reached 10,422 billable customers and FOREWARN users grew to 417,680. The company repurchased 63,500 shares in the quarter and has $39.8 million of data and cloud commitments, while actively defending a New Jersey legal action under Daniel’s Law that is covered by insurance.

Red Violet, Inc. has called its 2026 Annual Meeting of Stockholders for June 3, 2026 at 11:00 a.m. Eastern Time in a virtual-only format. Stockholders of record as of April 9, 2026, when 14,112,391 common shares were outstanding, may vote online, by phone, by mail, or during the webcast.

Investors will vote on electing five directors for one-year terms, ratifying Grant Thornton LLP as independent auditor for 2026, and approving on a non-binding advisory basis the compensation of named executive officers. The proxy details Board structure, committee membership, director and executive compensation, equity awards, clawback and insider trading policies, and ownership of significant stockholders.

Red Violet Inc — Schedule 13G/A (Amendment)

The Vanguard Group filed an amendment reporting that, following an internal realignment effective January 12, 2026, certain Vanguard subsidiaries will report beneficial ownership separately. The filing states amount beneficially owned: 0 and percent of class: 0% for Vanguard with respect to Red Violet Inc common stock.

Red Violet, Inc. reported strong fourth quarter and full-year 2025 results, highlighted by 20% revenue growth and record profitability. Full-year revenue reached $90.3 million, while GAAP diluted EPS rose to $0.91 as net income increased to $13.2 million and net margin improved to 15%.

Adjusted EBITDA for 2025 grew 31% to $31.0 million with a 34% margin, and free cash flow increased to $18.2 million. Fourth quarter revenue climbed 20% to $23.4 million, with adjusted gross margin at 83% and adjusted EBITDA margin at 25%. Cash and cash equivalents were $43.6 million at year-end.

Customer metrics also strengthened: IDI ended 2025 with 10,022 billable customers, FOREWARN reached 390,018 users, and higher-tier relationships expanded to 127 customers generating over $100,000 in annual revenue. The company repurchased 57,812 shares at an average price of $44.01 under its stock repurchase program.

Red Violet, Inc. reports strong growth in its identity-intelligence business for the year ended December 31, 2025. Revenue reached $90.3 million, up from $75.2 million, with net income of $13.2 million versus $7.0 million. Adjusted EBITDA was $31.0 million and adjusted net income was $18.7 million.

The company’s cloud-native, AI-enabled CORE platform powers its IDI and FOREWARN brands, serving risk, fraud, compliance, and investigative use cases. As of December 31, 2025, IDI had 10,022 billable customers and FOREWARN had 390,018 users.

Management highlights heavy reliance on third-party data, including a single largest data supplier that represented about 45% of data acquisition costs in 2025 and 2024, now under an amended agreement running through April 30, 2031 with remaining payment obligations of $23.2 million. Key risks include cybersecurity threats, rapidly evolving privacy and AI regulation, intense competition from large data providers, and potential loss of major customers or data sources.

Red Violet, Inc. director Greg Strakosch reported an equity compensation grant in the form of restricted stock units. On March 2, 2026, he acquired 1,857 RSUs convertible into common stock on a one-for-one basis, awarded in connection with his appointment to the Company’s Audit Committee.

The grant vests over three years: 507 shares on December 1, 2026 and 675 shares on each of December 1, 2027 and December 1, 2028, with potential accelerated vesting under certain conditions. After this grant, his directly held common stock and RSUs total 5,867 shares, including RSUs originally granted in March 2025 and December 2025.