Red Violet Q3 net income jumps 29% year over year to $5.45 million; revenue rises 20% to $27.75 million
RDVT•Red Violet reported third-quarter 2026 net income of $5.45 million, up 29% year over year, and revenue of $27.75 million, up 20%. Operating cash flow rose 25% to $12.67 million, and an underwritten public offering generated $108.7 million in net proceeds.
1. Quarterly results
Red Violet's third-quarter 2026 net income rose 29% year over year to $5.45 million, while revenue climbed 20% to $27.75 million. Operating cash flow increased 25% to $12.67 million.
2. Offering and users
An underwritten public offering generated net proceeds of $108.7 million during the quarter. IDI added 383 customers, while FOREWARN gained 19,688 users.
