secwatch.observer — SEC 8-K summary
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Issuer:     Red Violet, Inc. (RDVT)
CIK:        0001720116
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001193125-26-212022
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Red Violet Q1 revenue up 17% to record $25.8M; net income up 28% to $4.4M
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- Revenue $25.8M (+17% YoY); gross margin 75% vs 72%.
- Net income $4.4M ($0.30 diluted EPS); adjusted net income $6.6M ($0.46 diluted).
- Adjusted EBITDA $10.7M (+27%); margin 41% vs 38%.
- Added 400 IDI customers (total 10,422) and 27,662 FOREWARN users (total 417,680).
- Bought back 73,250 shares at avg $41.90 YTD; $15.6M remaining in repurchase program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720116/000119312526212022/0001193125-26-212022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720116/000119312526212022/rdvt-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-212022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer