RDVT on Nasdaq
Red Violet, Inc.
American prepackaged software services company based in Wilmington. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerRDVT on Nasdaq2
- IndustryServices-Prepackaged Software2
- HeadquartersWilmington, United States2
- Incorporated inDE3
- Business address2650 North Military Trail, Suite 300, Boca Raton, Fl 334313
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI549300T4EGADG881UU632
- StatusActive2
- LEI statusIssued and current2
- Registered addressc/o The Corporation Trust Company, Corporation Trust Center, 1209 Orange Street, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 65012522
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This business description should be read in conjunction with our audited consolidated financial statements and accompanying notes thereto appearing elsewhere in this Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Form 10-K”), which are incorporated herein by this reference.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
14.6%Operating margin5
14.6%Net margin5
20.0%Revenue growth, 20255
13.0%Return on equity5
$28.8MFree cash flow5
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs84¢$75.7M
- Income tax2¢$1.4M
- Profit15¢$13.2M
Out of $90.3M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending2¢$563.0K
- Share buybacks3¢$915.0K
- Kept or used elsewhere95¢$27.9M
Out of $29.3M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $90.3M | $75.2M |
| Cost of revenue (exclusive of depreciation and amortization) | $14.7M | $14.0M |
| Sales and marketing expenses | $21.8M | $17.8M |
| General and administrative expenses | $30.0M | $25.9M |
| Depreciation and amortization | $10.7M | $9.6M |
| Total costs and expenses | $77.1M | $67.3M |
| Income from operations | $13.1M | $7.9M |
| Interest income, net | $1.4M | $1.4M |
| Income before income taxes | $14.6M | $9.3M |
| Income tax expense | $1.4M | $2.3M |
| Net income | $13.2M | $7.0M |
| Basic | $0.94 | $0.51 |
| Diluted | $0.91 | $0.50 |
| Basic | 14.0M shares | 13.9M shares |
| Diluted | 14.4M shares | 14.1M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $43.6M | $36.5M | |
| Accounts receivable, net of allowance for doubtful accounts of $231 and $188 as of December 31, 2025 and 2024, respectively | $10.7M | $8.1M | |
| Prepaid expenses and other current assets | $2.3M | $1.6M | |
| Total current assets | $56.5M | $46.2M | |
| Property and equipment, net | $882.0K | $545.0K | |
| Intangible assets, net | $39.3M | $36.0M | |
| Goodwill | $5.2M | $5.2M | |
| Right-of-use assets | $2.6M | $1.9M | |
| Deferred tax assets | $6.6M | $7.5M | |
| Other noncurrent assets | $949.0K | $1.2M | |
| Total assets | $112.0M | $98.5M | |
| Accounts payable | $2.0M | $2.1M | |
| Accrued expenses and other current liabilities | $4.5M | $2.9M | |
| Current portion of operating lease liabilities | $396.0K | $406.0K | |
| Deferred revenue | $1.0M | $712.0K | $690.0K |
| Dividend payable | $0 | $4.2M | |
| Total current liabilities | $7.9M | $10.3M | |
| Noncurrent operating lease liabilities | $2.4M | $1.6M | |
| Other noncurrent liabilities | $820.0K | $0 | |
| Total liabilities | $11.1M | $11.9M | |
| 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 | |
| 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 | $14.0K | $14.0K | |
| Additional paid-in capital | $88.6M | $87.5M | |
| Retained earnings (accumulated deficit) | $12.3M | -$870.0K | |
| Total shareholders' equity | $100.9M | $86.6M | $86.1M |
| Total liabilities and shareholders' equity | $112.0M | $98.5M | |
| Allowance for doubtful accounts | $231.0K | $188.0K | $159.0K |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 200.0M shares | 200.0M shares | |
| Common stock, shares issued | 14.2M shares | 13.9M shares | |
| Common stock, shares outstanding | 14.2M shares | 13.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $43.6M | $36.5M | |
| Accounts receivable, net of allowance for doubtful accounts of $231 and $188 as of December 31, 2025 and 2024, respectively | $10.7M | $8.1M | |
| Prepaid expenses and other current assets | $2.3M | $1.6M | |
| Total current assets | $56.5M | $46.2M | |
| Property and equipment, net | $882.0K | $545.0K | |
| Intangible assets, net | $39.3M | $36.0M | |
| Goodwill | $5.2M | $5.2M | |
| Right-of-use assets | $2.6M | $1.9M | |
| Deferred tax assets | $6.6M | $7.5M | |
| Other noncurrent assets | $949.0K | $1.2M | |
| Total assets | $112.0M | $98.5M | |
| Accounts payable | $2.0M | $2.1M | |
| Accrued expenses and other current liabilities | $4.5M | $2.9M | |
| Current portion of operating lease liabilities | $396.0K | $406.0K | |
| Deferred revenue | $1.0M | $712.0K | $690.0K |
| Dividend payable | $0 | $4.2M | |
| Total current liabilities | $7.9M | $10.3M | |
| Noncurrent operating lease liabilities | $2.4M | $1.6M | |
| Other noncurrent liabilities | $820.0K | $0 | |
| Total liabilities | $11.1M | $11.9M | |
| 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 | |
| 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 | $14.0K | $14.0K | |
| Additional paid-in capital | $88.6M | $87.5M | |
| Retained earnings (accumulated deficit) | $12.3M | -$870.0K | |
| Total shareholders' equity | $100.9M | $86.6M | $86.1M |
| Total liabilities and shareholders' equity | $112.0M | $98.5M | |
| Allowance for doubtful accounts | $231.0K | $188.0K | $159.0K |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 200.0M shares | 200.0M shares | |
| Common stock, shares issued | 14.2M shares | 13.9M shares | |
| Common stock, shares outstanding | 14.2M shares | 13.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $13.2M | $7.0M |
| Depreciation and amortization | $10.7M | $9.6M |
| Share-based compensation expense | $6.5M | $5.9M |
| Write-off of long-lived assets | $3.0K | $85.0K |
| Provision for bad debts | $760.0K | $342.0K |
| Noncash lease expenses | $509.0K | $556.0K |
| Deferred income tax expense | $911.0K | $2.0M |
| Accounts receivable | -$3.4M | -$1.3M |
| Prepaid expenses and other current assets | -$654.0K | -$514.0K |
| Other noncurrent assets | $199.0K | -$656.0K |
| Accounts payable | -$150.0K | $496.0K |
| Accrued expenses and other current liabilities | $884.0K | $936.0K |
| Deferred revenue | $316.0K | $22.0K |
| Operating lease liabilities | -$359.0K | -$570.0K |
| Net cash provided by operating activities | $29.3M | $24.0M |
| Purchase of property and equipment | -$563.0K | -$169.0K |
| Capitalized costs included in intangible assets | -$10.6M | -$9.4M |
| Net cash used in investing activities | -$11.2M | -$9.6M |
| Taxes paid related to net share settlement of vesting of restricted stock units | -$6.0M | -$4.1M |
| Repurchases of common stock | -$915.0K | -$5.9M |
| Dividend payable | -$4.2M | $0 |
| Net cash used in financing activities | -$11.1M | -$9.9M |
| Net increase in cash and cash equivalents | $7.1M | $4.5M |
| Cash paid for interest | $0 | $0 |
| Cash paid for income taxes | $629.0K | $607.0K |
| Share-based compensation capitalized in intangible assets | $1.6M | $1.6M |
| Retirement of treasury stock | $7.0M | $10.1M |
| Right-of-use assets obtained in exchange for new operating lease liabilities | $1.2M | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Red Violet, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
Chief financial officer
20202025
- Chief executive officerDerek Dubner Mar 30, 2018 to now13
- ChairMichael Brauser Aug 28, 2018 to Sep 4, 201814
- Chief financial officerDaniel Maclachlan Mar 30, 2018 to now15
Board members and other officers (8)
- Chief Information OfficerJeffrey Alan Dell Mar 30, 2018 to now16
- Board memberGreg Strakosch Mar 5, 2025 to now17
- Board memberWilliam Paul Livek Jan 9, 2024 to now18
- Board memberLisa M. Stanton Aug 10, 2021 to now19
- Board memberDerek Dubner Mar 30, 2018 to now13
- Board memberMichael Brauser Mar 30, 2018 to Jun 18, 201820
- Board memberPeter Benz Mar 30, 2018 to Nov 27, 202421
- Board memberRobert Swayman Mar 30, 2018 to Dec 4, 202322
Timeline
Filings
243 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 37 major events, 111 insider forms, 34 large holders, 41 other. The latest 20:
- Aug 27, 20264 EDGAR
- Aug 11, 20268-K EDGAR
- Aug 10, 202610-Q EDGAR
- Aug 7, 20268-K EDGAR
- Aug 6, 2026424B5 EDGAR
- Aug 5, 2026424B5 EDGAR
- Aug 5, 20268-K EDGAR
- Jun 5, 20264 EDGAR
- Jun 5, 20264 EDGAR
- Jun 5, 20268-K EDGAR
- Jun 5, 20264 EDGAR
- Jun 5, 20264 EDGAR
- Jun 1, 2026SCHEDULE 13D/A EDGAR
- Jun 1, 20264 EDGAR
- Jun 1, 20264 EDGAR
- Jun 1, 20264 EDGAR
- Jun 1, 20264 EDGAR
- Jun 1, 2026SCHEDULE 13D EDGAR
- Jun 1, 2026144 EDGAR
- Jun 1, 2026144 EDGAR
The 243 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
42 open-market trades by officers, directors and large owners since October 2021: 5 buys and 37 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 27, 2026 | LIVEK WILLIAM PAULDirector | Buy | 2,000 | $71.49 | $143.0K | Form 4 |
| Jun 1, 2026 | DELL JEFFREY ALANChief Information Officer | Sale | 10,000 | $57.44 | $574.4K | Form 4 |
| Jun 1, 2026 | Dubner DerekChief Executive Officer | Sale | 12,000 | $57.43 | $689.2K | Form 4 |
| Jun 1, 2026 | MacLachlan DanielChief Financial Officer | Sale | 12,000 | $57.43 | $689.2K | Form 4 |
| Jun 1, 2026 | Reilly James PatrickPresident | Sale | 12,000 | $57.43 | $689.2K | Form 4 |
| Nov 13, 2025 | DELL JEFFREY ALANChief Information Officer | Sale | 1,140 | $56.95 | $64.9K | Form 4 |
| Nov 13, 2025 | Dubner DerekChief Executive Officer | Sale | 1,711 | $56.95 | $97.4K | Form 4 |
| Nov 13, 2025 | MacLachlan DanielChief Financial Officer | Sale | 1,711 | $56.95 | $97.4K | Form 4 |
| Nov 13, 2025 | Reilly James PatrickPresident | Sale | 1,711 | $56.95 | $97.4K | Form 4 |
| Nov 12, 2025 | DELL JEFFREY ALANChief Information Officer | Sale | 2,733 | $57.85 | $158.1K | Form 4 |
| Nov 12, 2025 | Dubner DerekChief Executive Officer | Sale | 4,099 | $57.85 | $237.1K | Form 4 |
| Nov 12, 2025 | MacLachlan DanielChief Financial Officer | Sale | 4,099 | $57.85 | $237.1K | Form 4 |
| Nov 12, 2025 | Reilly James PatrickPresident | Sale | 4,099 | $57.85 | $237.1K | Form 4 |
| Nov 11, 2025 | DELL JEFFREY ALANChief Information Officer | Sale | 1,456 | $57.81 | $84.2K | Form 4 |
| Nov 11, 2025 | Dubner DerekChief Executive Officer | Sale | 2,184 | $57.81 | $126.3K | Form 4 |
| Nov 11, 2025 | MacLachlan DanielChief Financial Officer | Sale | 2,184 | $57.81 | $126.3K | Form 4 |
| Nov 11, 2025 | Reilly James PatrickPresident | Sale | 2,184 | $57.81 | $126.3K | Form 4 |
| Nov 10, 2025 | DELL JEFFREY ALANChief Information Officer | Sale | 4,671 | $58.11 | $271.4K | Form 4 |
| Nov 10, 2025 | Dubner DerekChief Executive Officer | Sale | 7,006 | $58.11 | $407.1K | Form 4 |
| Nov 10, 2025 | MacLachlan DanielChief Financial Officer | Sale | 7,006 | $58.11 | $407.1K | Form 4 |
All 42 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Derek DubnerSCHEDULE 13D/A, 8 filings Nov 25, 2024 to Jun 1, 202623
- VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Jul 29, 2025 to Mar 27, 202624
- Trigran Investments, Inc.SCHEDULE 13G/A, 7 filings Feb 10, 2022 to Aug 13, 202525
- WASATCH ADVISORS LPSCHEDULE 13G, 1 filing May 9, 202526
- ASHFORD CAPITAL MANAGEMENT INCSCHEDULE 13G/A, 5 filings Feb 8, 2023 to May 5, 202527
- Nantahala Capital Management, LLCSCHEDULE 13G/A, 4 filings Feb 14, 2022 to Nov 14, 202428
- BlackRockSC 13G/A, 2 filings Oct 22, 2024 to Nov 8, 202429
- Greater Miami Jewish Federation, Inc.SC 13G/A, 4 filings Oct 12, 2021 to Apr 3, 202430
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARMichael Brauser, Chair
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- 17SEC EDGARGreg Strakosch, Board member
- 18SEC EDGARWilliam Paul Livek, Board member
- 19SEC EDGARLisa M. Stanton, Board member
- 20SEC EDGARMichael Brauser, Board member
- 21SEC EDGARPeter Benz, Board member
- 22SEC EDGARRobert Swayman, Board member
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