| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 13 | 66.4x | 17.8x | Bottom tier | |
Growth | 88 | 20.2% | 7.1% | Top tier | |
Quality | 94 | 13.9% | 4.5% | Top tier | |
Safety | 94 | — | 2.6x | Top tier | |
Capital Return | 34 | — | 2.12% | Bottom tier | |
Momentum | 94 | 36.6% | 2.9% | Top tier | |
Sentiment | 85 | 2 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Red Violet provides a cloud-based identity intelligence and verification platform, centered on its proprietary IRON entity-matching engine, which builds an identity graph by continuously collecting, normalizing, verifying, and linking data. The company generates revenue from IDI solutions used in financial services, insurance, law enforcement, collections, background screening, investigations, and other sectors, as well as from FOREWARN, which is designed for identity verification and proactive safety before in-person meetings. In fiscal Q2 2026, contractual revenue accounted for 77% of total revenue, highlighting the importance of subscriptions and contractual relationships to the business model.
Fiscal Q2 2026 revenue reached a record 26.7 million dollars, up 23% year over year, while GAAP net income increased 85% to 5.0 million dollars and earnings per share rose to 0.34 dollars. Adjusted gross profit was 22.9 million dollars, with a record margin of 86%, while adjusted earnings before interest, taxes, depreciation, and amortization increased 48% to 11.2 million dollars, with a margin of 42%. Adjusted net income also increased 58% to 7.2 million dollars, equivalent to 0.50 dollars per diluted share.
Operating performance was broad-based, with four of five verticals generating the highest quarterly revenue in the company's history. Investigations was the fastest-growing vertical by percentage, while collections growth exceeded 20% and FOREWARN recorded double-digit growth. In contrast, the real estate vertical within IDI declined modestly due to limited inventory and high interest rates and home prices. For fiscal 2025, revenue was 90.3 million dollars and net income was 13.2 million dollars, while revenue for the twelve-month period reported in 2026 increased to 99.0 million dollars and net income rose to 16.4 million dollars.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is 81.5 dollars, compared with an estimate range of 73 to 90 dollars and a consensus Buy rating. The average is above the top of the 52-week range of 76.18 dollars, while the lowest target falls within the range of 33.4 to 76.18 dollars. No published price-to-earnings ratio is available in the provided data, so the stock's valuation here is based on the breadth of the target range and the company's ability to sustain its 23% revenue growth and record margins, while accounting for slower federal conversion and the decline in revenue retention to 95%.
Figures in the text are as of 2026-09-02; the live price is shown at the top of the page.
Fiscal Q2 2026 revenue was approximately 26.7 million dollars, up 23% year over year, with four of five verticals generating the highest quarterly revenue in the company's history. IDI added a record 447 customers, bringing its total customer count to 10.9 thousand. Collections growth also exceeded 20%, investigations was the fastest-growing vertical by percentage, and FOREWARN recorded double-digit growth.
FOREWARN ended fiscal Q2 2026 with a base of 443 thousand users after adding 25.5 thousand users during the period. The number of real estate associations under contract reached 660 out of approximately 1.3 thousand associations in the United States, with a 100% renewal rate among association customers. Red Violet also expanded the product into home healthcare, targeting a market that management estimates at approximately 4 million workers and more than 12 thousand Medicare-certified agencies.
GAAP net income increased 85% to 5.0 million dollars in fiscal Q2 2026, and earnings per share reached 0.34 dollars. Adjusted gross profit reached 22.9 million dollars with a margin of 86%, while adjusted earnings before interest, taxes, depreciation, and amortization increased 48% to 11.2 million dollars with a margin of 42%. Free cash flow also increased 50% to 7.2 million dollars, but management expects the full fiscal 2026 margin to be in the high thirties because of fourth-quarter incentive seasonality.
The completed public offering raised approximately 109 million dollars in net proceeds from new and existing investors. The company intends to use the funds for working capital, general corporate purposes, and potential strategic acquisitions. Management identified three types of potential targets: data assets that expand the identity graph, technologies that accelerate product development, and companies that add expertise or customer relationships in targeted verticals, while emphasizing that the capital gives it the ability to complete a suitable transaction and does not compel it to make an acquisition.
Real estate revenue within IDI declined modestly in fiscal Q2 2026, and management does not expect a strong near-term recovery because of limited inventory and high interest rates and home prices. Federal opportunities are also converting more slowly than desired because of procurement, budgets, and technology implementation. In addition, gross revenue retention declined by two percentage points to 95%, while the expected full-year margin in the high thirties indicates less favorable seasonality than the quarterly margin of 42%.
Cash and cash equivalents were 50 million dollars on June 30, 2026, up from 43.6 million dollars on December 31, 2025, against current liabilities of 6 million dollars. Operating activities generated 10.6 million dollars in fiscal Q2 2026, while free cash flow was 7.2 million dollars. As of June 30, 2026, the company had repurchased 74.5 thousand shares at an average of 41.87 dollars per share, with 15.5 million dollars remaining available under the repurchase program.
