RDVT (Red Violet, Inc.) Stock Financials & Earnings | Market Cap Arena

RDVT (Red Violet, Inc.) Stock Financials & Earnings | Market Cap Arena

RDVTRed Violet, Inc.

Mkt Cap$618M

Technology·Software - Application·🇺🇸 United States·NASDAQ

Revenue (TTM)$90M

Net Income (TTM)$13M

EPS (TTM)$0.91

Free Cash Flow (TTM)$26M

Gross Margin83.7%

Op. Margin14.6%

Net Margin14.6%

FCF Margin28.9%

P/S Ratio (TTM)6.8x

P/E Ratio (TTM)46.9x

YoY Rev Growth+20.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$15M	$11M	$401K
Q2 23	$15M	$11M	$1M
Q3 23	$16M	$13M	$2M
Q4 23	$15M	$12M	-$895K
Q1 24	$18M	$14M	$2M
Q2 24	$19M	$16M	$3M
Q3 24	$19M	$16M	$2M
Q4 24	$20M	$16M	$371K
Q1 25	$22M	$18M	$4M
Q2 25	$22M	$16M	$3M
Q3 25	$23M	$19M	$5M
Q4 25	$23M	$22M	$2M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	11.2x	504.1x
Q2 23	10.8x	219.1x
Q3 23	10.6x	47.3x
Q4 23	10.3x	45.6x
Q1 24	9.8x	42.3x
Q2 24	9.2x	39.0x
Q3 24	8.7x	121.8x
Q4 24	8.2x	88.2x
Q1 25	7.8x	71.3x
Q2 25	7.5x	70.9x
Q3 25	7.1x	55.1x
Q4 25	6.8x	46.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$2M	-$786K
Q2 23	$4M	$1M
Q3 23	$6M	$3M
Q4 23	$4M	$2M
Q1 24	$4M	$2M
Q2 24	$6M	$3M
Q3 24	$7M	$5M
Q4 24	$7M	$4M
Q1 25	$5M	$5M
Q2 25	$7M	$7M
Q3 25	$10M	$7M
Q4 25	$7M	$7M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$2M
Q2 23	$2M
Q3 23	$2M
Q4 23	$2M
Q1 24	$2M
Q2 24	$2M
Q3 24	$2M
Q4 24	$2M
Q1 25	$50K
Q2 25	$202K
Q3 25	$3M
Q4 25	$124K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+14.9%	+14.3%
Q2 23	+17.5%	+6.3%
Q3 23	+5.4%	+9.4%
Q4 23	+15.2%	+6.5%
Q1 24	+19.7%	+9.2%
Q2 24	+29.8%	+18.9%
Q3 24	+20.3%	+17.7%
Q4 24	+29.9%	+20.3%
Q1 25	+25.7%	+14.6%
Q2 25	+14.3%	+19.0%
Q3 25	+21.1%	+11.8%
Q4 25	+19.6%	+13.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$1M	9.5%
Q2 23	$1M	8.9%
Q3 23	$1M	8.6%
Q4 23	$1M	8.8%
Q1 24	$1M	8.0%
Q2 24	$1M	7.3%
Q3 24	$2M	8.7%
Q4 24	$1M	7.6%
Q1 25	$2M	7.3%
Q2 25	$2M	8.4%
Q3 25	$2M	7.4%
Q4 25	$1M	5.9%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	—	$5M	$4M
Q2 23	—	$5M	$3M
Q3 23	—	$5M	$3M
Q4 23	—	$7M	$4M
Q1 24	—	$6M	$4M
Q2 24	—	$6M	$4M
Q3 24	—	$6M	$5M
Q4 24	—	$8M	$5M
Q1 25	—	$6M	$5M
Q2 25	—	$7M	$6M
Q3 25	$3M	$7M	$5M
Q4 25	—	$10M	$5M

Rule of 40

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	14.9%	15.8%	30.7
Q2 23	17.5%	22.4%	39.9
Q3 23	5.4%	24.9%	30.3
Q4 23	15.2%	8.7%	24.0
Q1 24	19.7%	24.3%	44.0
Q2 24	29.8%	28.6%	58.4
Q3 24	20.3%	25.9%	46.2
Q4 24	29.9%	14.6%	44.5
Q1 25	25.7%	30.7%	56.4
Q2 25	14.3%	26.3%	40.6
Q3 25	21.1%	21.9%	43.0
Q4 25	19.6%	26.8%	46.3

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$31M	$0	$31M
Q2 23	$31M	$0	$31M
Q3 23	$34M	$0	$34M
Q4 23	$32M	$0	$32M
Q1 24	$32M	$0	$32M
Q2 24	$31M	$0	$31M
Q3 24	$36M	$0	$36M
Q4 24	$37M	$0	$37M
Q1 25	$35M	$0	$35M
Q2 25	$39M	$0	$39M
Q3 25	$45M	$0	$45M
Q4 25	$44M	$0	$44M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	14M	+2.0%
Q2 23	14M	-0.5%
Q3 23	14M	+1.1%
Q4 23	14M	-2.4%
Q1 24	14M	+1.3%
Q2 24	14M	-0.8%
Q3 24	14M	+1.9%
Q4 24	14M	-1.3%
Q1 25	14M	+2.6%
Q2 25	15M	+0.4%
Q3 25	15M	+0.4%
Q4 25	14M	-1.5%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	—	—
FY 16	—	—
FY 17	—	—
FY 18	$172K	95
FY 19	$283K	107
FY 20	$274K	126
FY 21	$317K	139
FY 22	$287K	186
FY 23	$329K	183
FY 24	$350K	215
FY 25	$361K	250