Red Violet, Inc. reported record second-quarter 2026 financial results with revenue increasing 23% to $26.7 million and net income rising 85% to $5.0 million ($0.34 diluted EPS). Adjusted EBITDA grew 48% to $11.2 million, while cash flow from operations reached a record $10.6 million. The company added a record 447 new customers to its IDI platform and expanded FOREWARN users by over 25,000. Red Violet also closed an underwritten public offering of approximately 1.92 million shares, generating $109.0 million in net proceeds for working capital and potential acquisitions. The firm operates in the identity intelligence and analytics industry.
