Red Violet, Inc. — Form 8-K
Filed August 11, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 68/100
What the filing says
Red Violet reported Q2 2026 revenue of $26.7M (+23% YoY), record adjusted EBITDA of $11.2M (42% margin), adjusted net income of $7.2M, and operating cash flow of $10.6M. The company added 447 new IDI customers (record quarterly total) and 25,493 FOREWARN users. In August 2026, Red Violet closed an underwritten public offering of 1,916,667 shares (including overallotment), raising ~$109M net proceeds, bringing cash to ~$160M. No debt. Announced FOREWARN expansion into home healthcare market.
Why this rating
Strong organic growth (23% revenue, 48% EBITDA growth) + record customer adds + $109M capital raise (~17% of market cap) is significant for a $628M company. Provides flexibility for M&A and product investment. Execution risk on capital deployment remains.
See more from August 11, 2026.
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