red violet Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Revenue $27.8 million, up 20% year over year
- ➤Adjusted EBITDA $11.0 million, up 22%, with 40% margin
- ➤Net income $5.4 million, up 29%, reaching $0.35 per diluted share
- ➤Operating cash flow $12.7 million, up 25%
- ➤Public offering raised $108.7 million net; cash and investments reached $165.7 million
Expert Statements
Derek Dubner, CEO of red violet
“red violet delivered another record revenue quarter, surpassing $100 million in trailing twelve-month revenue for the first time, and generating record operating cash flow.”
Derek Dubner, CEO of red violet
“The continued expansion of digital interactions, coupled with increasingly sophisticated AI-driven fraud, is fueling demand for identity resolution, fraud prevention, and compliance solutions.”
Derek Dubner, CEO of red violet
“Our proprietary platform and longitudinal identity graph deliver accurate identity intelligence that informs critical decisions and supports customers’ daily workflows.”
Derek Dubner, CEO of red violet
“We believe these secular tailwinds, combined with our strengthening competitive advantages, position us to capture a growing share of this expanding market.”
BOCA RATON, Fla., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading identity intelligence and analytics company, today announced financial results for the quarter ended September 30, 2026.
“red violet delivered another record revenue quarter, surpassing $100 million in trailing twelve-month revenue for the first time, and generating record operating cash flow,” stated Derek Dubner, red violet’s CEO. “The continued expansion of digital interactions, coupled with increasingly sophisticated AI-driven fraud, is fueling demand for identity resolution, fraud prevention, and compliance solutions. Our proprietary platform and longitudinal identity graph deliver accurate identity intelligence that informs critical decisions and supports customers’ daily workflows. We believe these secular tailwinds, combined with our strengthening competitive advantages, position us to capture a growing share of this expanding market.”
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