Red Violet, Inc. RDVT

What this company does

The company presently markets its solutions primarily through two brands, IDI and FOREWARN, with IDI delivering actionable intelligence for identity verification, due diligence, fraud prevention and legislative compliance, and FOREWARN an app-based solution tailored for the real estate industry. As of December 31, 2025 and 2024, IDI had 10,022 and 8,926 billable customers, respectively, and FOREWARN had 390,018 and 303,418 users, respectively. For the years ended December 31, 2025 and 2024, the company had revenue of $90.3 million and $75.2 million, and net income of $13.2 million and $7.0 million, respectively. We generate substantially all of our revenue from licensing our solutions, with customers accessing them through a hosted environment using an online interface, batch processing, API and custom integrations. The company employs a total of 250 employees, all full-time, as of December 31, 2025, none of whom are represented by a labor organization or party to a collective bargaining agreement.

Written from the business description in Red Violet, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 4 March 2026. Every sentence was checked against that document before publication.