RDVT

Red Violet, Inc.
7 filings tracked
technologycloud computingSMALL ($300M-2B)

Company Intelligence Hub

Filing history, signal momentum, and bull/bear evolution

Chronological Filing Evolution (Click to filter / toggle)

Thesis (Bull Case Evolution)

Red Violet is demonstrating a powerful transition toward scalable profitability, leveraging its AI-driven CORE platform to drive a 17% increase in quarterly revenue to $25.8 million.…

Bullish Outlook

Antithesis (Bear Case / Structural Risks)

Despite the headline growth, Red Violet's underlying growth engine shows signs of fragility, most notably a 28% plunge in revenue from new customers.…

Risk Factors

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Synthesis (Verdict & Resolution)

The Q1 2026 filing presents a company at a crossroads between high-efficiency scaling and emerging growth headwinds. On one hand, the financial metrics are objectively strong, with net income rising 28% to $4.4 million and free cash flow reaching $3.1 million. The ability to expand margins while growing the user base for FOREWARN and IDI suggests a product-market fit that is translating directly into bottom-line profit. However, the disparity between existing customer growth and the decline in new customer acquisition creates a critical tension for investors. The trade-off is clear: Red Violet is currently a cash-flow machine, but its future valuation depends on whether it can reignite new customer acquisition or successfully use its cash reserves for M&A to offset the organic slowdown. The outcome of the Atlas Data Privacy litigation remains a wildcard that could impact the company's otherwise clean balance sheet.

Selected Quarter

Core Takeaway

Red Violet is successfully squeezing more profit from its existing base, but a sharp decline in new customer acquisition raises questions about long-term growth ceilings.

Investor Lens

Investors must weigh the immediate benefit of high cash flows and buybacks against the risk of a slowing growth trajectory.

Watch Next

The next quarterly report's new customer revenue trend and any updates on the Atlas Data Privacy lawsuit.

Signal Momentum Chart

Quarterly net bull/bear signal ratio. Click nodes to select a quarter.

BULLISH (+1.0)NEUTRAL (0.0)BEARISH (-1.0)+0.48Q2 '26 (10-Q)

Signal Timeline

Active Filters:Quarter: Q2 '26 (10-Q)
bullishMay 6

Net income increased 28% to $4.4 million for the quarter.

earnings beat
80%
bullishMay 6

Adjusted EBITDA margin increased to 41% from 38%.

margin expansion
90%
bullishMay 6

Repurchased $2.7 million in common stock during the quarter.

buyback
60%
bearishMay 6

Ongoing litigation with Atlas Data Privacy Corporation regarding Daniel's Law.

regulatory action
40%
bullishMay 6

Net income increased 28% to $4.4 million for the quarter.

earnings beat
80%
bullishMay 6

Adjusted EBITDA margin increased to 41% from 38%.

margin expansion
90%
bullishMay 6

Repurchased $2.7 million in common stock during the quarter.

buyback
60%
bearishMay 6

Ongoing litigation with Atlas Data Privacy Corporation regarding Daniel's Law.

regulatory action
40%
bullishMay 6

Net income increased 28% to $4.4 million for the quarter.

earnings beat
80%
bullishMay 6

Adjusted EBITDA margin increased to 41% from 38%.

margin expansion
90%
bullishMay 6

Repurchased $2.7 million in common stock during the quarter.

buyback
60%
bearishMay 6

Ongoing litigation with Atlas Data Privacy Corporation regarding Daniel's Law.

regulatory action
40%
bullishMay 6

Net income increased 28% to $4.4 million for the quarter.

earnings beat
80%
bullishMay 6

Adjusted EBITDA margin increased to 41% from 38%.

margin expansion
90%
bullishMay 6

Repurchased $2.7 million in common stock during the quarter.

buyback
60%
bearishMay 6

Ongoing litigation with Atlas Data Privacy Corporation regarding Daniel's Law.

regulatory action
40%
bullishMay 6

Net income increased 28% to $4.4 million for the quarter.

earnings beat
80%
bullishMay 6

Adjusted EBITDA margin increased to 41% from 38%.

margin expansion
90%
bullishMay 6

Repurchased $2.7 million in common stock during the quarter.

buyback
60%
bearishMay 6

Ongoing litigation with Atlas Data Privacy Corporation regarding Daniel's Law.

regulatory action
40%
bullishMay 6

Net income increased 28% to $4.4 million for the quarter.

earnings beat
80%
bullishMay 6

Adjusted EBITDA margin increased to 41% from 38%.

margin expansion
90%
bullishMay 6

Repurchased $2.7 million in common stock during the quarter.

buyback
60%
bearishMay 6

Ongoing litigation with Atlas Data Privacy Corporation regarding Daniel's Law.

regulatory action
40%
bullishMay 6

Net income increased 28% to $4.4 million for the quarter.

earnings beat
80%
bullishMay 6

Adjusted EBITDA margin increased to 41% from 38%.

margin expansion
90%
bullishMay 6

Repurchased $2.7 million in common stock during the quarter.

buyback
60%
bearishMay 6

Ongoing litigation with Atlas Data Privacy Corporation regarding Daniel's Law.

regulatory action
40%

Filing History

10-QMay 6, 2026
Expand Sequence

The Q1 2026 filing presents a company at a crossroads between high-efficiency scaling and emerging growth headwinds. On one hand, the financial metrics are objectively strong, with net income rising 28% to $4.4 million and free cash flow reaching $3.1 million. The ability to expand margins while growing the user base for FOREWARN and IDI suggests a product-market fit that is translating directly into bottom-line profit. However, the disparity between existing customer growth and the decline in new customer acquisition creates a critical tension for investors. The trade-off is clear: Red Violet is currently a cash-flow machine, but its future valuation depends on whether it can reignite new customer acquisition or successfully use its cash reserves for M&A to offset the organic slowdown. The outcome of the Atlas Data Privacy litigation remains a wildcard that could impact the company's otherwise clean balance sheet.

Disclaimer: The synthesis provided is generated by AI models and should not be construed as investment advice. Analysis is based solely on regulatory data present at the time of publication. Consult a financial advisor for specific investment strategies.