Red Violet (RDVT) Turns Record Growth Into Real Profit Gains

Red Violet Inc. reported second-quarter 2026 results for the period ended June 30, demonstrating accelerating conversion of growth into profitability. Revenue increased 23% to $26.7 million, while net income nearly doubled to $5 million. The company’s net margin expanded from 12% to 19%, indicating that revenue growth was not accompanied by proportional increases in costs.
Operating metrics showed broad-based improvement. Gross profit climbed 29% to $20.2 million, with gross margin expand