Red Violet (RDVT)
NASDAQ:RDVT
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Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.33Last Year’s EPS
0.28Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and financial performance: record revenue, record margins, record adjusted EBITDA and EPS, meaningful customer and user growth, and substantial cash generation. Management emphasized AI-driven acceleration, disciplined capital allocation, and a clear multi-year operating thesis while continuing to invest in go-to-market, product, and data. Headwinds were limited to elevated operating investments (notably a 28% increase in G&A), modest weakness in the non-FOREWARN real estate vertical, a 1-point dip in gross retention, and the absence of a timeline for long-term margin maturity. Overall, the positives (record results, margin expansion, customer/user growth, and cash flow) materially outweigh the limited challenges and uncertainties.Company Guidance
Record Revenue and Run Rate Milestone
Revenue reached a record $25.8M in Q1, up 17% year-over-year and crossing a $100M+ annualized revenue run rate; management noted underlying growth >20% when normalizing for $1.2M of one-time revenue in the prior-year quarter (analyst apples-to-apples estimate ~24%).
Strong Margin Expansion
Adjusted gross profit was $22.0M (up 20% YoY) with a record adjusted gross margin of 85% (up 2 percentage points); adjusted EBITDA was a record $10.7M (up 27% YoY) with a record adjusted EBITDA margin of 41% (up 3 percentage points).
Record Earnings and EPS
Adjusted net income rose 29% to $6.6M, producing record adjusted earnings per diluted share of $0.46.
Improved Cash Generation
Operating cash flow increased 32% to $6.6M; free cash flow was $3.1M, up 24% year-over-year. Cash and cash equivalents totaled $43.5M at quarter end.
Customer and User Growth
IDI added 400 new billable customers in the quarter, bringing total customers to 10,422. FOREWARN users grew to >417,000 from 325,000 a year ago (~+28%), and FOREWARN now has contracts with over 640 realtor associations.
Contractual Revenue and Retention
Contractual revenue represented 75% of total revenue (up 1 percentage point year-over-year); gross revenue retention remained high at 95%.
Capital Allocation and Buybacks
Repurchased 73,250 shares at an average price of $41.90 through 04/30/2026; $15.6M remains available under the repurchase program while continuing to invest in platform, data, and go-to-market capabilities.
AI and Platform Momentum
Management highlighted accelerating AI adoption and materially improved development velocity, positioning the company to scale product innovation and operational productivity; near-term adjusted EBITDA expected to trend in the mid- to high-30% range as investments continue, with management reiterating long-term model outputs (>80% gross margins, ~35–40% prior target now exceeded).
RDVT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RDVT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $43.60 | $49.09 | +12.59% |
Mar 04, 2026 | $45.50 | $46.28 | +1.71% |
Nov 05, 2025 | $54.53 | $59.42 | +8.97% |
Aug 06, 2025 | $43.47 | $42.44 | -2.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Red Violet (RDVT) report earnings?
Red Violet (RDVT) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is Red Violet (RDVT) earnings time?
Red Violet (RDVT) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RDVT EPS forecast?
RDVT EPS forecast for the fiscal quarter 2026 (Q2) is 0.33.