MEDIUMOutside partySupplier
45%
largest data supplier
“10-K Item 1: 'Our largest data supplier...accounted for approximately 45% of our total data acquisition costs both for the years ended December 31, 2025 and 2024.'”
RDVT · Concentration risk · 10-K extracted
Red Violet (RDVT) concentration risks
Updated
The most significant concentration Red Violet discloses is largest data supplier at 45%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Red Violet’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Red Violet's disclosed concentration exposure is limited to a single supply-side relationship: its largest data supplier accounted for approximately 45% of total data acquisition costs in both 2025 and 2024 — a medium-share, dependency-type exposure that has held steady year over year rather than trending in either direction. With no customer, geographic, or segment concentration disclosed, this supplier relationship is the sole concentration factor on record, and its stability across both years suggests the reliance is an established, ongoing feature of the business model rather than a recent or worsening development. Because the exposure is dependency-type, the risk is idiosyncratic to this one counterparty: a disruption in pricing, availability, or terms from this supplier could directly affect data acquisition costs, and there is no disclosed secondary supplier or diversification to offset it. For an investor, this medium-share supplier dependency is the single most relevant concentration factor for Red Violet, and its consistency across the two most recent years — 45% and 45% — indicates it is a durable rather than transient exposure that likely factors into any ongoing assessment of margin and cost stability.
For the engine’s reasoning on RDVT’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Software - Application
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ADSK | Autodesk, Inc. | 1 | 1 | 1 | 3 |
| ADEA | Adeia Inc. | 1 | 0 | 0 | 1 |
| AGYS | Agilysys, Inc. | 0 | 2 | 0 | 2 |
| RDVT● | Red Violet, Inc. | 0 | 1 | 0 | 1 |
| ADBE | Adobe Inc. | 0 | 0 | 0 | 0 |
| ADP | Automatic Data Processing, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.