Revenue segments as reported by the company.

Service

Product

Real estate services

Rentals

Mortgage

Other

Corporate overhead

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Technology & Development

Marketing

Restructuring and reorganization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Redfin

Redfin Corp. provides real estate brokerage services. The firm engages in buying and selling homes. It operates through the following segments: Real Estate Services and Properties. The Real Estate Services segment consists of revenue transactions. The Properties segment consists of home purchase costs, capitalized improvements, selling expenses and home maintenance expenses. The company was founded by David Selinger, David Eraker, and Michael Dougherty in 2004 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Redfin surpasses revenue expectations, eyes digital growth for profitability

Redfin's Q4 2022 performance exceeded revenue expectations and showcased financial stability. The company is strategically shifting towards higher-margin revenues and focusing on digital businesses for growth.
While facing challenges such as market share loss and increased expenses, Redfin is leveraging opportunities in high-margin digital revenue and repeat customer sales. The company's emphasis on partner agents and cost control strategies bodes well for future profitability.
Overall, Redfin's hybrid model, emphasis on digital growth, and commitment to enhancing customer experience position it for positive adjusted EBITDA in 2023 and net income in 2024.

Redfin exceeds Q1 revenue expectations, focuses on regaining market share

Redfin's Q1 performance exceeded expectations, with a focus on regaining market share and improving profitability. The company faces challenges in declining revenue and fierce competition in the mortgage market. However, opportunities exist in creating demand through innovative pricing and targeting luxury buyers.

Redfin reports revenue growth and partnerships driving future profitability

Redfin's Q2 2023 performance showed revenue growth and improved margins.
While facing market share challenges, Redfin's strategic partnerships and tech investments offer growth potential.
Opportunities lie in achieving profitability, enhancing customer experience, and expanding market share.

Redfin reports resilient Q3 earnings, eyes growth through digital strategies

Redfin's Q3 2023 performance showcased resilience, profitability, and strategic capital raising amidst market challenges.
Strengths in market share gains, digital strategies, and agent recruitment initiatives position Redfin for growth.
Challenges include achieving EBITDA breakeven, managing costs, and executing expansion plans effectively.
Opportunities in market expansion, agent recruitment, and digital business growth offer avenues for future success.

Redfin reports Q4 mixed results, eyes growth in mortgages and digital margins

Redfin's Q4 performance showed mixed results with revenue growth but net loss. Strengths lie in visitor growth, AI integration, and improving mortgage attach rates. Challenges include potential rate drops and long-term housing supply issues. Opportunities exist in revenue growth, EBITDA breakeven, and mortgage business expansion.

Redfin reports robust Q2 earnings, eyes growth amid challenges

Redfin delivered a strong performance in Q2, exceeding revenue expectations and showcasing profitability improvements.
While facing challenges in margin management and recruitment, Redfin's focus on efficiency and digital transformation bodes well for the future.
Opportunities lie in expanding Rental segment growth, optimizing Redfin Next, and exploring new revenue streams.
Overall, Redfin's strategic initiatives position the company for continued success amidst market uncertainties.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Redfin Corp. engages in the management of an online real estate marketplace and provision of real estate services. It operates through the following segments: Real Estate Services, Rentals, Mortgage, Other, and Corporate Overhead. The company was founded by David Selinger, David Eraker, and Michael Dougherty in October 2002 and is headquartered in Seattle, WA.

SEATTLE, Sept. 29, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Asking prices of homes listed for sale increased to an all-time high of 12%, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.

Redfin Reports Asking Prices Up 12% to All-Time High

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MGIC Investment

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Zillow

I analyze four housing sectors - realtors, homebuilders, mortgage bankers and private mortgage insurers. I compare them on three factors - supply, demand and valuation.

Housing Industry Picks And Pans - The Supply/Demand Test

SEATTLE, Sept. 23, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- Nationwide, 30.1% of Redfin.com users looked to move to a different metropolitan area in July and August, down slightly from 31.1% in the second quarter but up from 28.7% during the same two-month period in 2020.

Interest in Relocation Dips Slightly, With 30% of House Hunters Looking to Move to a Different Metro Area

SEATTLE, Sept. 22, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Early homebuyer demand reached the highest point in at least three years during the week ending September 19, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.

Redfin Reports Homebuyer Demand and Sellers' Asking Prices Get a Late-Summer Boost

SEATTLE, Sept. 22, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Demand for second homes dropped 19.3% year over year in August, marking the third-straight month of declines, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.

Demand for Second Homes Fell 19% Year Over Year in August

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Essex Property Trust

Home Depot

Lemonade

Matterport

Public Storage

The real estate boom has been one of the most perplexing but if you believe that it can still move forward, here are the stocks to buy. The post 7 Stocks To Buy if You Expect Housing Prices To Continue Rising appeared first on InvestorPlace.

7 Stocks To Buy if You Expect Housing Prices To Continue Rising

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Palantir, U.S. Steel, Ford and Redfin were our top stock trades for Monday. Now, let's look at how the charts are setting up for next week.

4 Top Stock Trades for Monday: PLTR, X, DASH, RDFN

SEATTLE, Sept. 16, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The national median home-sale price rose 16% year over year to $380,271 in August, according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage.

Redfin Reports Home Sales Fell 6% in August, the First Annual Decline in 15 Months

SEATTLE, Sept. 15, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Pending sales climbed 7% during the four-week period ending September 12, the smallest year-over-year increase since June 2020, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.

Redfin Reports Pending Sales Show Smallest Year-Over-Year Increase in 15 Months

SEATTLE, Sept. 14, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will attend the following virtual event: Zelman 2021 Virtual Housing Summit Tuesday, September 21, 2021 About Redfin Redfin (www.redfin.com) is a technology-powered real estate company.

Redfin to Attend the Zelman 2021 Virtual Housing Summit

ATLANTA, Sept. 14, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -  As much of the country continues to take stock of the damage inflicted by Hurricane Ida, RentPath ( rentpath.com ), a leader in the apartment and home rental industry and the company behind Rent.com and ApartmentGuide.com, is partnering with property owners to help those most in need.

RentPath Offers Free Renter Communication Technology To Multifamily Communities Impacted By Ida

SEATTLE, Sept. 13, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —In August, 58.8% of home offers written by Redfin agents faced competition—a record low for 2021, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.

Redfin Reports 59% of Home Offers Written by Redfin Agents Faced Bidding Wars in August--the Lowest Level Since 2020

EverBank Financial

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SEATTLE, Sept. 10, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- The national median monthly mortgage payment for homebuyers rose 67% faster than rents during the same period, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.

Mortgage Payments for New Homebuyers Are Rising 67% Faster Than Rents

SEATTLE, Sept. 9, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Strong homebuying demand continued through the end of August, with pending sales up 6% from a year earlier, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.

Redfin Reports Pending Sales Still Up 6% From 2020

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Carvana

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The Dow Jones dipped another 80 points or so. The S&P 500 was flat, and the Nasdaq fell slightly.

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The real estate tech company is growing quickly, but the stock price was growing faster.

Why Redfin Stock Lost 17% in August

SEATTLE, Sept. 2, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event: Piper Sandler Global Technology Conference Monday, September 13, at 4:00 p.m.

Redfin to Present at Piper Sandler Global Technology Conference

SEATTLE, Sept. 2, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event: D.A.

Redfin to Present at D.A. Davidson 20th Annual Software and Internet Conference

SEATTLE, Sept. 1, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- Pending home sales rose 9%, the slowest growth since June 2020, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.

Redfin Reports 9% Increase in Pending Home Sales is Slowest Growth Since June 2020

ATLANTA , Sept. 1, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- RedfinNow announced its launch today in the Atlanta and Nashville metro areas.

News for Redfin Stock (RDFN)