Red Violet, Inc., a leading analytics and information solutions provider, has released its financial results for the fourth quarter and full year ending December 31, 2025. The company reported significant growth in revenue and profitability, driven by its cloud-native architecture and embedded artificial intelligence.

Financial Highlights

For the fourth quarter of 2025, Red Violet reported a 20% increase in total revenue, reaching a record $23.4 million. Gross profit for the quarter rose by 23% to $16.8 million, with a gross margin improvement to 72%. Net income saw a substantial increase of 226%, amounting to $2.8 million, translating to earnings of $0.20 per basic share and $0.19 per diluted share. Adjusted EBITDA for the quarter increased by 33% to $5.9 million.

For the full year 2025, total revenue increased by 20% to $90.3 million. Gross profit for the year was $65.1 million, a 26% increase from the previous year, with a gross margin of 72%. Net income for the year was $13.2 million, an 88% increase, resulting in earnings of $0.94 per basic share and $0.91 per diluted share. Adjusted EBITDA for the year increased by 31% to $31.0 million.

Business and Operational Highlights

During the fourth quarter, Red Violet added 169 customers to its IDI™ platform, ending the year with a total of 10,022 customers. The company also added 17,809 users to its FOREWARN® service, bringing the total number of users to 390,018. Additionally, over 620 REALTOR® Associations are now contracted to use FOREWARN.

Strategic Initiatives and Corporate Developments

Red Violet continued to onboard higher-tier customers, with 127 customers contributing over $100,000 of revenue in 2025 compared to 96 customers in 2024. The company also repurchased 57,812 shares of its common stock during the fourth quarter and year to date through February 27, 2026, at an average price of $44.01 per share, under its Stock Repurchase Program. As of February 27, 2026, the company had $16.4 million remaining under the program.

Management's Perspective

Derek Dubner, CEO of Red Violet, commented, "We concluded 2025 with record fourth quarter results, capping a year defined by disciplined execution and continued momentum across the enterprise. Our cloud-native architecture, embedded artificial intelligence, and extensive longitudinal identity graph continue to differentiate us in the marketplace. As we enter 2026, we remain focused on deepening workflow integration, advancing our technology differentiation, and driving sustainable long-term value for shareholders."

Future Outlook

Looking ahead, Red Violet aims to continue its focus on technology differentiation and workflow integration to drive sustainable long-term value for shareholders. The company remains committed to advancing its cloud-native, AI-enabled identity intelligence platform, CORE™, to support its growth and operational efficiency.

Original SEC Filing: Red Violet, Inc. [ RDVT ] - 8-K - Mar. 05, 2026