Red Violet (RDVT) Tax Rate (2021 - 2026)
Red Violet (RDVT) posted quarterly Tax Rate of 24.19% for Q1 2026, up 31.0% year-over-year from 18.46% in Q1 2025, and down 41.74% quarter-over-quarter from 41.52% in Q4 2025.
Red Violet (RDVT) Tax Rate (2021 - 2026) Analysis & Trends
Red Violet (RDVT) has reported Tax Rate for 6 consecutive years, with 24.19% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 31.0% year-over-year to 24.19%; the TTM figure through Mar 2026 stood at 21.34% (up 1182.0% YoY), while the FY2025 annual figure was 21.0%, up 1479.0% from the prior year.
- Tax Rate declined to 24.19% in Q1 2026 per RDVT's latest filing, from 41.52% in the prior quarter.
- Across five years, Tax Rate topped out at 62.06% in Q1 2022 and bottomed at 491.9% in Q3 2023.
- Historically, Tax Rate has averaged 35.0% across 5 years, with a median of 14.01% in 2022.
- Annual changes were most pronounced in 2023 — Tax Rate plunged 49299 bps — and 2024, when it jumped 53160 bps.
- Red Violet's 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 soared by 116 bps to 41.52% in 2025, then sank by 42 bps to 24.19% in 2026.
- Business Quant data shows RDVT's Tax Rate at 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 | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Red Violet | 1.12 Bn | 1.07 Bn | 22.90 Mn | 23.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.56% |
| Jun 30, 2026 | 23.56% |
| Jun 30, 2026 | 23.56% |
| 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% |