Red Violet (RDVT) Operating Expenses (2017 - 2026)
Red Violet's (RDVT) quarterly Operating Expenses came in at $20.6 million in Q2 2026, up 8.41% year-over-year from $19.0 million in Q2 2025, and up 1.16% quarter-over-quarter from $20.4 million in Q1 2026.
Analysis
Red Violet (RDVT) Operating Expenses (2017 - 2026) Analysis & Trends
Red Violet (RDVT) has reported Operating Expenses for 10 consecutive years, with $20.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 8.41% year-over-year to $20.6 million in Q2 2026; TTM through Jun 2026 was $81.3 million, a 12.04% increase from a year earlier, with the FY2025 full-year figure at $77.1 million, up 14.64% from the prior year.
- Operating Expenses was $20.6 million for Q2 2026 at Red Violet, up from $20.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $21.8 million in Q4 2025 and troughed at $12.4 million in Q1 2022.
- A 5-year average of $16.4 million and a median of $16.0 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses climbed 23.58% in 2022 and rose 6.26% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $15.0 million in 2022, then gained by 6.47% to $16.0 million in 2023, then increased by 20.29% to $19.2 million in 2024, then increased by 13.54% to $21.8 million in 2025, then retreated by 5.36% to $20.6 million in 2026.
- The last three Operating Expenses figures came in at $20.6 million (Q2 2026), $20.4 million (Q1 2026), and $21.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn | 534.00 Mn |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn | 260.94 Mn |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn | 90.25 Mn |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn | 391.74 Mn |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - | 115,283.00 |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn | 20.62 Mn |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn | 42.49 Mn |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn | 35.74 Mn |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn | 4.85 Mn |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn | 5.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.62 Mn |
| Mar 31, 2026 | 20.39 Mn |
| Dec 31, 2025 | 21.79 Mn |
| Sep 30, 2025 | 18.51 Mn |
| Jun 30, 2025 | 19.02 Mn |
| Mar 31, 2025 | 17.79 Mn |
| Dec 31, 2024 | 19.19 Mn |
| Sep 30, 2024 | 16.56 Mn |
| Jun 30, 2024 | 15.99 Mn |
| Mar 31, 2024 | 15.53 Mn |
| Dec 31, 2023 | 15.96 Mn |
| Sep 30, 2023 | 14.07 Mn |
| Jun 30, 2023 | 13.45 Mn |
| Mar 31, 2023 | 14.23 Mn |
| Dec 31, 2022 | 14.99 Mn |
| Sep 30, 2022 | 12.87 Mn |
| Jun 30, 2022 | 12.66 Mn |
| Mar 31, 2022 | 12.45 Mn |
| Dec 31, 2021 | 12.85 Mn |
| Sep 30, 2021 | 10.41 Mn |