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.

Red Violet, Inc. closed an underwritten public offering of 1,916,667 shares of common stock on August 7, 2026, including the full exercise of the underwriters' option to purchase an additional 250,000 shares. The shares were sold at a public offering price of $60.00 per share, generating gross proceeds of approximately $115 million and net proceeds of approximately $108.6 million after deducting underwriting discounts and estimated offering expenses. Raymond James & Associates, Inc. and Needham & Company, LLC served as joint book-running managers for the transaction. The company intends to use the net proceeds for working capital, general corporate purposes, and potential strategic acquisitions. Red Violet operates in the analytics and information solutions industry, providing identity intelligence technologies.

Red Violet, Inc. filed a Form 8-K on August 5, 2026, disclosing estimated preliminary financial results for the three months ended June 30, 2026. The company reported revenue of $26,710,000 and net income of $4,960,000, resulting in a net income margin of 19%. Adjusted EBITDA was estimated at $11,220,000, representing an adjusted EBITDA margin of 42%. These figures are unaudited preliminary estimates subject to change upon completion of financial closing procedures. Red Violet, Inc. operates in the educational technology industry, providing digital learning solutions and assessment tools for K-12 schools.