Develops identity verification software for financial services companies.
Jun 2026Revenue $99.0M/yrExpenses $81.3M/yr
Reached break-even Jul 2022
Figures by year
When did Red Violet become profitable?
Its revenue passed its expenses in Jul 2022. In the 12 months to Jun 2026, revenue was $99.0M and expenses $81.3M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $90.3M | $77.1M | $13.1M |
| Dec 2024 | $75.2M | $67.3M | $7.92M |
| Dec 2023 | $60.2M | $57.7M | $2.50M |
| Dec 2022 | $53.3M | $53.0M | $361K |
| Dec 2021 | $44.0M | $45.3M | −$1.31M |
| Dec 2020 | $34.6M | $41.4M | −$6.83M |
| Dec 2019 | $30.3M | $41.5M | −$11.2M |
| Dec 2018 | $16.3M | $23.8M | −$7.49M |
| Dec 2017 | $8.58M | $30.1M | −$21.5M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.