Red Violet Inc. (RDVT) Stock Rises on Q1 2026 Earnings

Red Violet Inc. (RDVT) reported first-quarter 2026 revenue of $25.83 million, up 17.4% year-over-year and above the consensus estimate of $25.12 million.

Key profitability highlights:

Gross profit of $22.01 million (up 20.0% YoY).

Operating profit of $5.44 million (up 29.3% YoY).

Net income attributable to common shareholders of $4.39 million (up 27.6% YoY).

Diluted earnings per share of $0.30 (up 25.0% YoY).

Cash flow and liquidity:

Cash from operating activities: $6.59 million (up 31.7% YoY).

Capital expenditures (purchases of property, plant and equipment): $63,000 (up 26.0% YoY).

Cash and cash equivalents: $43.45 million (up 25.6% YoY).

Other notable items:

Cost of sales: $3.82 million (up 4.3% YoY).

Total liabilities: $8.11 million (up 12.0% YoY).

EPS expectation was 0.3264 versus reported diluted EPS of $0.30.

Market reaction since close: stock was up 1.7%.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Red Violet Inc. Insider Trading Activity

Red Violet Inc. insiders have traded $RDVT stock on the open market 28 times in the past 6 months. Of those trades, 0 have been purchases and 28 have been sales.

Here’s a breakdown of recent trading of $RDVT stock by insiders over the last 6 months:

JAMES PATRICK REILLY (President) has made 0 purchases and 7 sales selling 15,000 shares for an estimated $867,943.
DANIEL MACLACHLAN (Chief Financial Officer) has made 0 purchases and 7 sales selling 15,000 shares for an estimated $867,942.
DEREK DUBNER (Chief Executive Officer) has made 0 purchases and 7 sales selling 15,000 shares for an estimated $867,941.
JEFFREY ALAN DELL (Chief Information Officer) has made 0 purchases and 7 sales selling 10,000 shares for an estimated $578,629.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

Red Violet Inc. Hedge Fund Activity

We have seen 92 institutional investors add shares of Red Violet Inc. stock to their portfolio, and 63 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BROWN CAPITAL MANAGEMENT LLC removed 202,061 shares (-53.5%) from their portfolio in Q4 2025, for an estimated $11,507,373
ROYAL BANK OF CANADA added 201,169 shares (+247.4%) to their portfolio in Q4 2025, for an estimated $11,456,574
NANTAHALA CAPITAL MANAGEMENT, LLC removed 164,339 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $9,359,106
WASATCH ADVISORS LP added 110,421 shares (+13.8%) to their portfolio in Q1 2026, for an estimated $3,820,566
MILLENNIUM MANAGEMENT LLC removed 95,426 shares (-96.1%) from their portfolio in Q4 2025, for an estimated $5,434,510
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC added 80,366 shares (+inf%) to their portfolio in Q4 2025, for an estimated $4,576,843
CALAMOS ADVISORS LLC removed 72,901 shares (-90.3%) from their portfolio in Q1 2026, for an estimated $2,522,374

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.