Red Violet (RDVT) Gross Margin (2017 - 2026)
Red Violet (RDVT) posted quarterly Gross Margin of 85.21% for Q1 2026, up 185.0% year-over-year from 29.9% in Q1 2025, and up 2.22% quarter-over-quarter from 83.37% in Q4 2025.
Red Violet (RDVT) Gross Margin (2017 - 2026) Analysis & Trends
Red Violet (RDVT) has reported Gross Margin for 10 consecutive years, with 85.21% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 185.0% year-over-year to 85.21%; the TTM figure through Mar 2026 stood at 84.23% (up 168.0% YoY), while the FY2025 annual figure was 83.74%, up 236.0% from the prior year.
- Gross Margin rose to 85.21% in Q1 2026 per RDVT's latest filing, from 83.37% in the prior quarter.
- Across five years, Gross Margin topped out at 85.21% in Q1 2026 and bottomed at 75.1% in Q1 2022.
- Historically, Gross Margin has averaged 80.38% across 5 years, with a median of 79.59% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 51 bps — and 2025, when it surged 481 bps.
- Red Violet's Gross Margin stood at 76.63% in 2022, then increased by 2 bps to 77.84% in 2023, then grew by 6 bps to 82.25% in 2024, then gained by 1 bps to 83.37% in 2025, then gained by 2 bps to 85.21% in 2026.
- Business Quant data shows RDVT's Gross Margin at 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 | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Red Violet | 1.12 Bn | 1.07 Bn | 22.90 Mn | 85.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 85.71% |
| 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% |