Red Violet, Inc.
RDVT Technology Software Application
Red Violet, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $90.3 million, up 20.0% from fiscal 2024. In the quarter to June 2026, revenue grew 22.7%, EPS grew 84.2%, free cash flow grew 50.4% and total debt fell 3.69%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.
Follow RDVT
Red Violet, Inc. (RDVT) Altman Z-score
Red Violet, Inc.'s Altman Z-score for fiscal 2025 is 45.13, in the safe zone (above 2.99).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 45.13 | 18.37 |
| FY2024 | 26.76 | 1.34 |
| FY2023 | 25.42 | (5.47) |
| FY2022 | 30.89 | (30.44) |
| FY2021 | 61.33 | 39.95 |
| FY2020 | 21.38 | 4.07 |
| FY2019 | 17.31 | 5.70 |
| FY2018 | 11.61 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.43 | — | 0.52 | |
| Retained earnings / total assets | 0.11 | — | 0.15 | |
| EBIT / total assets | 0.12 | — | 0.39 | |
| Market value of equity / total liabilities | 72.11 | — | 43.27 | |
| Sales / total assets | 0.81 | — | 0.81 | |
| Altman Z-score | Safe zone | 45.13 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 13.55 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| RDVT Red Violet, Inc. | 45.1× |
| WRD WeRide Inc. compare | 9.9× |
| DFIN Donnelley Financial Solutions compare | 4.4× |
| RSKD Riskified Ltd. compare | 3.8× |
| IBTA Ibotta, Inc. compare | 2.4× |
| CXM Sprinklr, Inc. compare | 1.8× |
| PD PagerDuty compare | 1.1× |
| GTM ZoomInfo Technologies Inc. compare | 0.8× |
| APPS Digital Turbine, Inc. compare | 0.0× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets