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
DateValue
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%