Filing Flows › Red Violet (RDVT) › Q2 2025
Red Violet (RDVT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Red Violet (RDVT) reported revenue of $21.8M for the second quarter 2025 (Q2 2025), +14% from a year earlier and -1% from the quarter before. Operating margin was 12.6%, net earnings $2.7M (12.3% of revenue).
Red Violet, Q2 2025: revenue $21.8M (+14% year over year), operating margin 12.6%, net earnings $2.7M, operating cash flow $7.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $21.8M | -1% | +14% |
| Operating profit | $2.8M | -35% | -10% |
| Net earnings | $2.7M | -22% | +2% |
| Operating cash flow | $7.5M | +50% | +31% |
| Free cash flow | $7.3M | +47% | +29% |
What changed
Revenue was $21.8M in Q2 2025, up 14% year over year and down 1% from the previous quarter.
Operating profit was $2.8M, a 12.6% margin (down 3.5 points year over year). Operating profit fell $317K even though revenue rose $2.7M versus a year earlier, so costs grew faster than sales. Total costs grew 19% against revenue growth of 14%. The fastest-growing cost line was Sales & marketing (+28%). Net earnings were $2.7M, up 2% year over year. The effective tax rate was 13.1%.
Operating cash flow was $7.5M (up 31% year over year), 279% of net earnings. Non-cash charges added back $2.6M of depreciation and amortization and $1.8M of share-based compensation. Capital expenditures of $202K left free cash flow of $7.3M.
Questions
What was Red Violet's revenue in the second quarter 2025?
Red Violet (RDVT) reported revenue of $21.8M for the second quarter 2025 (Q2 2025), +14% from a year earlier and -1% from the quarter before.
Was Red Violet profitable in the second quarter 2025?
Operating profit was $2.8M (12.6% of revenue) and net earnings $2.7M.
Source: Red Violet 10-Q on SEC EDGAR.