Red Violet (RDVT) Tax Rate (2021 - 2026)
Red Violet (RDVT) reported Tax Rate of 24.19% for Q1 2026, up 31.0% year-over-year from 18.46% in Q1 2025, and up 158.05% quarter-over-quarter from 41.67% 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.
- Tax Rate for Q1 2026 came in at 24.19%, up 31.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.9% (down 1375.0% YoY), and the FY2025 annual result was 9.64%, down 1522.0% from the prior year.
- Tax Rate improved to 24.19% in Q1 2026 per RDVT's latest filing, from 41.67% in the prior quarter.
- Over five years, Tax Rate peaked at 62.06% in Q1 2022 and troughed at 491.9% in Q3 2023.
- A 5-year average of 26.06% and a median of 13.07% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 49299 bps in 2023, then jumped 53160 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 14.01% in 2022, then tumbled by 890 bps to 110.63% in 2023, then soared by 85 bps to 16.78% in 2024, then slumped by 148 bps to 41.67% in 2025, then soared by 158 bps to 24.19% in 2026.
- Business Quant data shows RDVT's Tax Rate at 24.19% in Q1 2026, 41.67% 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Red Violet | 789.23 Mn | 745.77 Mn | 22.01 Mn | 24.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.19% |
| Mar 31, 2026 | 24.19% |
| Dec 31, 2025 | -41.67% |
| Dec 31, 2025 | -41.67% |
| Sep 30, 2025 | 15.09% |
| Sep 30, 2025 | 15.09% |
| Jun 30, 2025 | 13.07% |
| Jun 30, 2025 | 13.07% |
| Mar 31, 2025 | 23.88% |
| Mar 31, 2025 | 23.88% |
| Dec 31, 2024 | -16.78% |
| Dec 31, 2024 | -16.78% |
| Sep 30, 2024 | 39.71% |
| Sep 30, 2024 | 39.71% |
| Jun 30, 2024 | 22.03% |
| Jun 30, 2024 | 22.03% |
| Mar 31, 2024 | 24.02% |
| Mar 31, 2024 | 24.02% |
| Dec 31, 2023 | -110.63% |
| Dec 31, 2023 | -110.63% |