Red Violet (RDVT) Gross Margin (2017 - 2026)
Red Violet (RDVT) reported Gross Margin of 85.71% for Q2 2026, up 1.79 percentage points from 83.92% a year earlier and up 0.50 percentage points from the prior quarter.
Red Violet (RDVT) Gross Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Red Violet's Gross Margin came in at 84.70%, up 1.63 percentage points year-over-year; for FY2025, it came in at 83.74%, up 2.36 percentage points from FY2024.
- Gross Margin has increased for eight consecutive years, with a five-year change of +16.34 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 81.38% in FY2024 (+3.09 pp), 78.29% in FY2023 (+1.19 pp), 77.10% in FY2022 (+2.53 pp) and 74.57% in FY2021 (+7.17 pp).
- The Q2 2026 figure ranks as the highest quarterly Gross Margin in data going back to Q1 2017.
- Year over year, Gross Margin has now increased in each of the last 11 quarters, with an average year-over-year change of +2.66 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q3 2021 (a gain of 5.28 percentage points); the low point was Q3 2023 (a drop of 0.51 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 85.21% (Q1 2026), 83.37% (Q4 2025) and 84.31% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 78.59% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 60.42% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 79.63% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 0.03% |
| 10 | Red Violet | 1.11 Bn | 927.20 Mn | 22.90 Mn | 85.71% |
Historic 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% |
Red Violet Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=RDVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RDVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=RDVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();