Red Violet Inc (FRA:2KH)

Q4 2025 Red Violet Inc Earnings Call Transcript

Mar 4, 2026 / 09:30 PM GMT

Release Date Price: €36.8 (+2.79%)

Transcript 8-K10-K

Key Points

Positve

Red Violet Inc (RDVT) reported a record fourth quarter with revenue up 20% to $23.4 million and an adjusted gross profit of $19.5 million, translating to an 83% adjusted gross margin.
The company achieved a 33% increase in adjusted EBITDA to $5.9 million, resulting in an adjusted EBITDA margin of 25%.
Red Violet Inc (RDVT) saw a significant increase in high-value customers, with 127 customers contributing over $100,000 in revenue in 2025, up from 96 in 2024.
The company generated $18.2 million in free cash flow in 2025, compared to $14.4 million in 2024, indicating strong cash generation capabilities.
The IDI billable customer base grew by 169 customers sequentially, ending the fourth quarter with 10,022 customers, demonstrating strong customer acquisition and retention.

Negative

The real estate vertical, excluding forewarn, experienced a decline due to elevated home prices and interest rates, which constrained affordability and dampened housing activity.
Despite strong overall performance, the free cash flow for the fourth quarter was $3.7 million, a decrease from $4.4 million in the same period last year.
Personnel expenses were elevated in the fourth quarter due to year-end incentive compensation and bonus accruals, impacting overall profitability.
The company did not provide formal guidance for 2026, leaving uncertainty about future growth expectations.
There was minimal revenue contribution from recent wins such as the toll authority in Q4, indicating potential delays in revenue realization from new contracts.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

RDVT.OQ - Red Violet Inc
Q4 2025 Red Violet Inc Earnings Call
Mar 04, 2026 / 09:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day, ladies and gentlemen, and welcome to the Red Violet's 4th quarter 2025 earnings conference call. At this time, all participants are in listen-only mode. Later will we conduct a question-and-answer session, and instructions will follow at that time. As a reminder, this call is being recorded. Now, I would like to introduce your host for today's conference call, Camilio Ramirez, senior Vice President, Finance and Investor relations. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Good afternoon and welcome.

Thank you for joining us today to discuss our fourth

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.