The earnings call highlighted strong financial performance with significant revenue growth, a record gross margin, and increased free cash flow. The company also reported substantial customer base expansion and strong revenue retention. Despite some challenges in the real estate vertical and previous one-time revenue impacts, the company's overall outlook remains positive with strategic investments in AI and platform capabilities.

Company Guidance -

Q3 2025

During the Red Violet second quarter 2025 earnings call, the company reported a 14% increase in revenue to $21.8 million, with adjusted gross profit reaching $18.2 million and a record adjusted gross margin of 84%. Adjusted EBITDA was $7.6 million, with a margin of 35%, while adjusted net income stood at $4.1 million, translating to $0.28 per diluted share. The company generated $4.8 million in free cash flow and added over 300 customers to its IDI platform, ending the quarter with over 9,500 customers. FOREWARN also saw significant growth, adding over 21,000 users and reaching over 575 REALTOR Associations. Red Violet's revenue growth was driven by key sectors, including law enforcement, legal, government, and financial services, with a focus on expanding within existing customers. The company highlighted its ongoing investments in AI and automation to enhance productivity and operational efficiency, contributing to margin expansion and long-term growth strategy.

Strong Year-Over-Year Revenue Growth

Revenue for the quarter increased by 14% to $21.8 million. Excluding $1 million of onetime transactional revenue from the prior year, revenue would have grown 21%.

Record Adjusted Gross Margin

Achieved a record adjusted gross margin of 84%, up 2 percentage points from the prior year.

Increase in Free Cash Flow

Free cash flow for the quarter was $4.8 million, a 47% increase from $3.3 million a year ago.

Expansion in Customer Base

Added 308 new customers to IDI and over 21,000 users to FOREWARN, reaching over 575 REALTOR Associations.

High Revenue Retention

Gross revenue retention was 97%, up 3 percentage points from the prior year.

Successful Contract Extension

Extended agreement with largest data supplier to April 30, 2031, with minimal cost escalation.

Red Violet (RDVT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

RDVT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.31 / -	0.22	―	―	―
Aug 06, 2025	2025 (Q2)	0.28 / 0.28	0.28	0.00% (0.00)	―
May 07, 2025	2025 (Q1)	0.23 / 0.33	0.22	50.00% (+0.11)	―
Feb 27, 2025	2024 (Q4)	0.10 / 0.09	0.02	350.00% (+0.07)	―
Nov 06, 2024	2024 (Q3)	0.23 / 0.22	0.872	-74.77% (-0.65)	―
Aug 07, 2024	2024 (Q2)	0.19 / 0.28	0.098	185.71% (+0.18)	―
May 08, 2024	2024 (Q1)	0.17 / 0.22	0.05	340.00% (+0.17)	―
Mar 07, 2024	2023 (Q4)	- / 0.02	-0.111	118.02% (+0.13)	―
Nov 07, 2023	2023 (Q3)	- / 0.87	0.16	445.00% (+0.71)	―
Aug 07, 2023	2023 (Q2)	- / 0.10	-0.015	753.33% (+0.11)	―

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
Aug 06, 2025	$43.47	$42.44	-2.37%
May 07, 2025	$40.47	$46.62	+15.20%
Feb 27, 2025	$38.02	$40.62	+6.84%
Nov 06, 2024	$32.67	$34.51	+5.63%

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 Inc (RDVT) report earnings?

Red Violet Inc (RDVT) is schdueled to report earning on Nov 11, 2025, Before Open (Confirmed).

What is Red Violet Inc (RDVT) earnings time?

Red Violet Inc (RDVT) earnings time is at Nov 11, 2025, 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 2025 (Q3) is 0.31.

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