Red Violet, Inc. Reports Preliminary Q2 2026 Results

What Happened
Red Violet, Inc. (RDVT) filed an 8-K on August 5, 2026 reporting preliminary, unaudited results for the three months ended June 30, 2026. The company reported estimated revenue of $26.71 million, net income of $4.96 million (19% net margin), and adjusted EBITDA of $11.22 million (42% adjusted EBITDA margin). These figures are management estimates subject to completion of closing procedures and may change; the independent auditor (Grant Thornton LLP) has not audited or reviewed these preliminary amounts.

Key Details

• Reporting period: three months ended June 30, 2026; 8-K filed August 5, 2026.
• Estimated revenue: $26,710 (thousands) = $26.71M.
• Estimated net income: $4,960 (thousands) = $4.96M (net margin 19%).
• Estimated adjusted EBITDA: $11,220 (thousands) = $11.22M (adjusted EBITDA margin 42%).
• Reconciliation add-backs to arrive at adjusted EBITDA (amounts in thousands): interest income $390, income tax expense $1,520, depreciation & amortization $2,780, share‑based compensation $2,230, acquisition-related costs $40, litigation costs $80.
• Company emphasizes results are preliminary, unaudited, and not a substitute for GAAP financials; Grant Thornton did not provide assurance.

Why It Matters
This 8-K gives investors an early view of Red Violet’s quarterly performance, showing healthy margins (19% net income, 42% adjusted EBITDA) on roughly $26.7M in revenue. Because the numbers are preliminary and management‑prepared, they should be treated as estimates—final GAAP results could differ after closing procedures and audit review. Investors should watch for the company’s full interim financial statements for finalized, audited figures and for any subsequent updates on items such as acquisition- or litigation-related costs that affected adjusted results.