Red Violet (RDVT) Tax Rate (2021 - 2026)
Red Violet's (RDVT) quarterly Tax Rate came in at 24.19% in Q1 2026, up 31.0% year-on-year from 18.46% in Q1 2025, and down 41.74% on a QoQ basis from 41.52% in Q4 2025.
Red Violet (RDVT) Tax Rate (2021 - 2026) Analysis & Trends
Red Violet (RDVT) has 6 years of Tax Rate data on file, last reported at 24.19% in Q1 2026.
- On a quarterly basis, Tax Rate rose 31.0% year-over-year to 24.19% in Q1 2026; TTM through Mar 2026 was 21.34%, a 1182.0% increase from a year earlier, with the FY2025 full-year figure at 21.0%, up 1479.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.19%, down from 41.52% in the prior quarter.
- Over the last five years, Tax Rate for RDVT reached as high as 62.06% in Q1 2022 and fell as low as 491.9% in Q3 2023.
- Historically, Tax Rate has averaged 35.0% across 5 years, with a median of 14.01% in 2022.
- Across the five-year window, Tax Rate slumped 49299 bps in 2023 and surged 53160 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 14.01% in 2022, then plunged by 890 bps to 110.63% in 2023, then sank by 128 bps to 251.96% in 2024, then surged by 116 bps to 41.52% in 2025, then sank by 42 bps to 24.19% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.19% in Q1 2026, 41.52% in Q4 2025, and 15.09% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -29.13% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -18.42% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 8.36% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 39.11% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 22.57% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 31.96% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 23.68% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.37% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 21.59% |
| 10 | Red Violet | 845.58 Mn | 802.13 Mn | 22.01 Mn | 24.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.19% |
| Mar 31, 2026 | 24.19% |
| Mar 31, 2026 | 24.19% |
| Dec 31, 2025 | 41.52% |
| Dec 31, 2025 | 41.52% |
| Dec 31, 2025 | 41.52% |
| Sep 30, 2025 | 15.09% |
| Sep 30, 2025 | 15.09% |
| Sep 30, 2025 | 15.09% |
| Jun 30, 2025 | 13.07% |
| Jun 30, 2025 | 13.07% |
| Jun 30, 2025 | 13.07% |
| Mar 31, 2025 | 23.88% |
| Mar 31, 2025 | 23.88% |
| Mar 31, 2025 | 23.88% |
| Dec 31, 2024 | -251.96% |
| Dec 31, 2024 | -251.96% |
| Dec 31, 2024 | -251.96% |
| Sep 30, 2024 | 39.71% |
| Sep 30, 2024 | 39.71% |