red violet Announces First Quarter 2026 Financial Results
Red Violet reported record Q1 2026 revenue of $25.8 million, up 17% year-over-year, driven by strong customer onboarding and growth in its IDI and FOREWARN products. Profitability hit record highs with net income increasing 28% to $4.4 million and adjusted EBITDA rising 27% to $10.7 million, with gross and adjusted EBITDA margins expanding to 75% and 41% respectively.
Key figures
- Eps
- 0.3
- Revenue
- 25800000
- Guidance
- None provided
- Revenue Yoy
- 17%
- Fcf
- 3079000
- Net income
- 4400000
- Adjusted eps
- 0.46
- Gross margin
- 75%
- Gross profit
- 19300000
- Idi customers
- 10422
- Forewarn users
- 417680
- Adjusted ebitda
- 10700000
- Net income margin
- 17%
- Adjusted net income
- 6600000
- Adjusted ebitda margin
- 41%
AI analysis
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