Red Violet Q2 FY26 net income climbs 85% to USD 5 million; revenue increases 23% to USD 26.7 million

Reuters2026/08/10 20:25

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Red Violet Q2 revenue rose 23% to USD 26.7 million; net income jumped 85% to USD 5 million, lifting diluted EPS to USD 0.34.
Gross margin widened 4 percentage points to 76%; GAAP operating income more than doubled to USD 6.1 million.
Non-GAAP adjusted EBITDA climbed 48% to USD 11.2 million, raising margin 7 percentage points to 42%.
Net cash from operations increased 42% to USD 10.6 million; cash and cash equivalents ended June 30 at USD 50 million.
Record 447 new IDI customers added in the quarter to 10,869; underwritten stock offering slated to close in August with about USD 109 million net proceeds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Red Violet Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608101605PRIMZONEFULLFEED9807005) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Red Violet Q2 FY26 net income climbs 85% to USD 5 million; revenue increases 23% to USD 26.7 million

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