Red Violet (RDVT) Tax Rate (2020 - 2026)
Red Violet's (RDVT) quarterly Tax Rate came in at 23.56% in Q2 2026, up 1049.0% year-over-year from 2.05% in Q2 2025, and down 2.58% quarter-over-quarter from 24.19% in Q1 2026.
Analysis
Red Violet (RDVT) Tax Rate (2020 - 2026) Analysis & Trends
Red Violet (RDVT) has reported Tax Rate for 7 consecutive years, with 23.56% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 1049.0% year-over-year to 23.56% in Q2 2026; TTM through Jun 2026 was 23.42%, a 118.0% increase from a year earlier, with the FY2025 full-year figure at 21.0%, down 386.0% from the prior year.
- Tax Rate was 23.56% for Q2 2026 at Red Violet, down from 24.19% 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 20.07% and a median of 14.08% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 49299 bps in 2023 and soared 53160 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 10.87% in 2022, then plunged by 917 bps to 110.63% in 2023, then surged by 85 bps to 16.78% in 2024, then jumped by 347 bps to 41.52% in 2025, then tumbled by 43 bps to 23.56% in 2026.
- The last three Tax Rate figures came in at 23.56% (Q2 2026), 24.19% (Q1 2026), and 41.52% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn | 7.94% |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn | 6.71% |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn | 20.85% |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn | 32.50% |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - | - |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn | 23.56% |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn | 25.09% |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn | 21.46% |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn | - |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn | -0.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.56% |
| Mar 31, 2026 | 24.19% |
| Dec 31, 2025 | 41.52% |
| Sep 30, 2025 | 15.09% |
| Jun 30, 2025 | 13.07% |
| Mar 31, 2025 | 23.88% |
| Dec 31, 2024 | -16.78% |
| Sep 30, 2024 | 39.71% |
| Jun 30, 2024 | 22.03% |
| Mar 31, 2024 | 24.02% |
| Dec 31, 2023 | -110.63% |
| Sep 30, 2023 | -491.90% |
| Jun 30, 2023 | 10.34% |
| Mar 31, 2023 | -4.22% |
| Dec 31, 2022 | -10.87% |
| Sep 30, 2022 | 1.10% |
| Jun 30, 2022 | -27.33% |
| Mar 31, 2022 | 62.06% |
| Dec 31, 2021 | 19.10% |
| Dec 31, 2020 | 76.32% |