Red Violet stock gains 2.19 percent on profit growth
Published on 09/24/2026 at 18:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Red Violet stock (RDVT) was trading at USD 77.87 on Nasdaq on September 24, 2026, up USD 1.67 or 2.19 percent from USD 76.20. The move comes after second-quarter 2026 revenue increased 23 percent to USD 26.7 million, with net income rising 85 percent to USD 5.0 million, according to Yahoo Finance.
Revenue growth reaches 23 percent
The period ended June 30 produced a record quarterly revenue figure of USD 26.7 million. The result extended Red Violet's growth profile while operating profit reached USD 6.1 million and the operating margin stood at 23 percent in Q2 2026.
Profit grew faster than sales. Net income increased from USD 2.8 million in Q4 2025 to USD 5.0 million in Q2 2026, while diluted earnings per share rose from USD 0.20 to USD 0.34 across those reported quarters.
Cash flow rises to USD 10.6 million
Operating cash flow reached USD 10.6 million in Q2 2026, up 42 percent year over year, according to Quartr. Adjusted EBITDA rose 48 percent to USD 11.2 million, producing an adjusted EBITDA margin of 42 percent.
The comparison matters because cash expanded faster than revenue. Red Violet also held USD 50.0 million in cash at June 30, 2026, compared with USD 43.5 million at March 31, 2026.
Stock remains below its yearly high
Red Violet's Nasdaq price ranged from USD 33.40 to USD 80.29 over the 52 weeks through September 24, 2026. The current quote is USD 2.42 below that high, leaving the share price 3.01 percent under the yearly peak.
The company provides data analytics and identity intelligence software for investigations, risk management, fraud prevention and identity verification. Its platforms include idiCORE and FOREWARN, and the investor relations page identifies Red Violet as a Nasdaq-listed identity intelligence company.
USD 77.87 on Nasdaq
Red Violet stock was trading at USD 77.87 on Nasdaq on September 24, 2026, at 12:22 p.m. ET. Market capitalization stood at USD 1,098,647,569 at the same snapshot.
Red Violet stock facts
- Company: Red Violet, Inc.
- Ticker: RDVT
- Trading venue: Nasdaq
- Price as of September 24, 2026, 12:22 p.m. ET: USD 77.87
- Market capitalization: USD 1,098,647,569 as of September 24, 2026
- 52-week range: USD 33.40-80.29 as of September 24, 2026
- Sector / Industry: Technology / Software - Application
