---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-016504"
form_type: "8-K"
ticker: "RDVT"
cik: "0001720116"
company_name: "Red Violet, Inc."
filed_at: "2022-08-10T23:59:59+00:00"
generated_at: "2026-06-24T01:28:58.165507+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Red Violet Q2 revenue up 15% to $12.5M, net loss of $0.2M vs prior year net income; adjusted EBITDA down 6% to $2.9M

## Summary
- Total revenue $12.5M, up 15% YoY; platform revenue $12.2M (+15%), services revenue $0.3M (+6%).
- Gross profit $8.0M (+16%); adjusted gross profit $9.6M (+17%); gross margin 64% vs 63%, adjusted gross margin 77% vs 75%.
- Net loss $0.2M vs net income $1.8M in prior year (which included $2.2M CARES Act loan forgiveness gain).
- Adjusted EBITDA $2.9M (-6% YoY); cash from operations $2.5M (+10%); cash $32.3M.
- Added 225 IDI customers (total 6,817); FOREWARN users >100k; released idiTRACE SSN trace solution.

## SEC filing metadata
- accession: 0000950170-22-016504
- form_type: 8-K
- ticker: RDVT
- cik: 0001720116
- company_name: Red Violet, Inc.
- filed_at: 2022-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720116/000095017022016504/0000950170-22-016504-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720116/000095017022016504/rdvt-20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-016504
- JSON: https://secwatch.observer/filing/0000950170-22-016504.json
- Plain text: https://secwatch.observer/filing/0000950170-22-016504.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.