Filing Flows › Red Violet (RDVT) › Q1 2026
Red Violet (RDVT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Red Violet (RDVT) reported revenue of $25.8M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +10% from the quarter before. Operating margin was 21.1%, net earnings $4.4M (17.0% of revenue).
Red Violet, Q1 2026: revenue $25.8M (+17% year over year), operating margin 21.1%, net earnings $4.4M, operating cash flow $6.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $25.8M | +10% | +17% |
| Operating profit | $5.4M | +240% | +29% |
| Net earnings | $4.4M | +56% | +28% |
| Operating cash flow | $6.6M | -2% | +32% |
| Free cash flow | $6.5M | -0.7% | +32% |
What changed
Revenue was $25.8M in Q1 2026, up 17% year over year and up 10% from the previous quarter.
Operating profit was $5.4M, a 21.1% margin (up 1.9 points year over year). Of the extra revenue versus Q1 2025, 32% reached operating profit, above the 19% margin then. Total costs grew 15% against revenue growth of 17%. The fastest-growing cost line was General & admin (+28%). Net earnings were $4.4M, up 28% year over year. The effective tax rate was 24.2%.
Operating cash flow was $6.6M (up 32% year over year), 150% of net earnings. Non-cash charges added back $2.8M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $2.7M. Capital expenditures of $63K left free cash flow of $6.5M.
Questions
What was Red Violet's revenue in the first quarter 2026?
Red Violet (RDVT) reported revenue of $25.8M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +10% from the quarter before.
Was Red Violet profitable in the first quarter 2026?
Operating profit was $5.4M (21.1% of revenue) and net earnings $4.4M.
Source: Red Violet 10-Q on SEC EDGAR.