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
DateValue
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%