Red Violet Reports Strong Q2 2025 Financial Growth

Red Violet ( (RDVT) ) has released its Q2 earnings. Here is a breakdown of the information Red Violet presented to its investors.

Red Violet, Inc. is a prominent analytics and information solutions provider, specializing in identity intelligence and offering services such as identity verification, risk mitigation, and fraud detection across various sectors.

In its second quarter of 2025, Red Violet reported a significant 14% increase in revenue, reaching $21.8 million, and achieved a record $7.5 million in cash flow from operations, showcasing continued growth and strong financial performance.

Key financial highlights include an 18% rise in gross profit to $15.7 million, with gross margins improving to 72%. Adjusted EBITDA also saw a 12% increase, reaching $7.6 million, despite a slight decrease in the adjusted EBITDA margin to 35%. The company successfully onboarded 308 new customers to its IDI platform and expanded its FOREWARN user base by 21,335, ending the quarter with 346,671 users.

Red Violet continues to attract higher-tier customers, with spending outpacing previous levels across key revenue cohorts. The company maintains a robust cash position with $38.8 million in cash and cash equivalents as of June 30, 2025.

Looking ahead, Red Violet’s management remains optimistic about building on its first-half success, aiming to drive further revenue growth and capitalize on emerging opportunities in the analytics and information solutions sector.