Red Violet (RDVT) Q4 2025 earnings summary

Executive summary

• Achieved record fourth quarter and full year 2025 results, with 20% year-over-year revenue growth, significant margin expansion, and robust free cash flow generation.

• Sustained momentum driven by disciplined execution, broad-based demand, and strategic investments in cloud-native, AI-enabled platform.

• Entering 2026 with a strong customer base, expanding enterprise adoption, and focus on workflow integration, technology advancement, and sustainable long-term value creation.

Financial highlights

• Q4 2025 revenue up 20% year-over-year to $23.4 million; full year revenue up 20% to $90.3 million.

• Q4 adjusted gross profit $19.5 million (83% margin); full year adjusted gross margin expanded to 84%.

• Q4 adjusted EBITDA up 33% to $5.9 million (25% margin); full year adjusted EBITDA $31 million (34% margin).

• Q4 net income surged 226% to $2.8 million (net income margin 12%); full year net income up 88% to $13.2 million (net income margin 15%).

• Cash and equivalents at year-end $43.6 million; free cash flow for the year $18.2 million, up from $14.4 million in 2024.

Outlook and guidance

• Expectation for continued healthy top-line expansion in 2026, with no formal guidance provided.

• Focus remains on accelerating growth, expanding horizontally across industries and vertically within customer workflows, and driving sustainable long-term shareholder value.