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Red Violet reports Q3 revenue up 20% to $27.8M with record $12.7M operating cash flow and strong AI-driven demand.

Company Fundamentals
04 Nov 2026, 23:05 WIB
GlobeNewsWire
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Bullish
Red Violet reports Q3 revenue up 20% to $27.8M with record $12.7M operating cash flow and strong AI-driven demand.

Red Violet, Inc. announced a 20% revenue increase to $27.8 million in Q3 2026, driven by growing demand for identity resolution and fraud prevention solutions amid rising digital interactions and AI-driven fraud. The company also reported record operating cash flow of $12.7 million and net income growth of 29% to $5.4 million. With over 11,000 customers for its IDI platform and nearly 463,000 users for FOREWARN, Red Violet is positioned to capture more market share in identity intelligence. The company recently raised $108.7 million through a public stock offering to support continued growth.

Red Violet's Q3 2026 financial results provide context for readers interested in technology companies. As of Nov 05, 2026 03:21 WIB, out of 150 priced Technology-sector US stocks tradable on Pluang, 88 rose and 61 fell. Notable movers include FIS at USD 29.74 with a 1-day change of -23.70%, Cipher Mining Inc (CIFR) at USD 6.42 down 20.94%, and VNET Group Inc (VNET) at USD 3.57 up 19.80%.

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