Red Violet (RDVT) Gross Margin (2017 - 2026)
Red Violet's (RDVT) quarterly Gross Margin came in at 85.21% in Q1 2026, up 185.0% year-on-year from 29.9% in Q1 2025, and up 2.22% on a QoQ basis from 83.37% in Q4 2025.
Red Violet (RDVT) Gross Margin (2017 - 2026) Analysis & Trends
Red Violet (RDVT) has 10 years of Gross Margin data on file, last reported at 85.21% in Q1 2026.
- On a quarterly basis, Gross Margin rose 185.0% year-over-year to 85.21% in Q1 2026; TTM through Mar 2026 was 84.23%, a 168.0% increase from a year earlier, with the FY2025 full-year figure at 83.74%, up 236.0% from the prior year.
- Gross Margin for Q1 2026 stood at 85.21%, up from 83.37% in the prior quarter.
- Over the last five years, Gross Margin for RDVT reached as high as 85.21% in Q1 2026 and fell as low as 75.1% in Q1 2022.
- Historically, Gross Margin has averaged 80.38% across 5 years, with a median of 79.59% in 2022.
- Across the five-year window, Gross Margin plunged 51 bps in 2023 and soared 481 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 76.63% in 2022, then gained by 2 bps to 77.84% in 2023, then rose by 6 bps to 82.25% in 2024, then climbed by 1 bps to 83.37% in 2025, then climbed by 2 bps to 85.21% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 85.21% in Q1 2026, 83.37% in Q4 2025, and 84.31% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Red Violet | 845.58 Mn | 802.13 Mn | 22.01 Mn | 85.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 85.21% |
| Dec 31, 2025 | 83.37% |
| Sep 30, 2025 | 84.31% |
| Jun 30, 2025 | 83.92% |
| Mar 31, 2025 | 83.36% |
| Dec 31, 2024 | 82.25% |
| Sep 30, 2024 | 82.61% |
| Jun 30, 2024 | 81.87% |
| Mar 31, 2024 | 78.55% |
| Dec 31, 2023 | 77.84% |
| Sep 30, 2023 | 79.08% |
| Jun 30, 2023 | 77.93% |
| Mar 31, 2023 | 78.26% |
| Dec 31, 2022 | 76.63% |
| Sep 30, 2022 | 79.59% |
| Jun 30, 2022 | 76.63% |
| Mar 31, 2022 | 75.10% |
| Dec 31, 2021 | 74.00% |
| Sep 30, 2021 | 76.11% |
| Jun 30, 2021 | 75.00% |