Red Violet (RDVT) Tax Rate (2022 - 2026)
Red Violet's Tax Rate came in at 23.56% for Q2 2026, up 10.49 percentage points from 13.07% a year earlier but down 0.63 percentage points from the prior quarter.
Red Violet (RDVT) Tax Rate (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Red Violet reported Tax Rate of 14.82%, down 7.42 percentage points year-over-year; for FY2025, it came in at 9.64%, down 15.22 percentage points from FY2024.
- Tax Rate carries a four-year change of -13.57 percentage points (FY2021 to FY2025).
- Going back by year, Tax Rate was 24.86% in FY2024 (+277.36 pp), -252.50% in FY2023 (-265.98 pp), 13.48% in FY2022 (-9.73 pp) and 23.21% in FY2021.
- The five-year range for quarterly Tax Rate is -491.90% (Q3 2023) to 62.06% (Q1 2022).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +72.21 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2024 (a gain of 531.60 percentage points), and the weakest in Q3 2023 (a drop of 492.99 percentage points).
- Business Quant data shows RDVT's Tax Rate at 24.19% (Q1 2026), -41.67% (Q4 2025) and 15.09% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | - |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 15.97% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | - |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 13.92% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 9.97% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 7.94% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 31.08% |
| 10 | Red Violet | 1.11 Bn | 927.20 Mn | 22.90 Mn | 23.56% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.56% |
| Mar 31, 2026 | 24.19% |
| Sep 30, 2025 | 15.09% |
| Jun 30, 2025 | 13.07% |
| Mar 31, 2025 | 23.88% |
| Sep 30, 2024 | 39.71% |
| Jun 30, 2024 | 22.03% |
| Mar 31, 2024 | 24.02% |
| Jun 30, 2023 | 10.34% |
| Sep 30, 2022 | 1.10% |
| Mar 31, 2022 | 62.06% |
Red Violet Tax Rate 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=tax-rate&ticker=RDVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=RDVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();