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

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Earnings data Q1 2022

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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 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, Aug. 31, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- The five most affordable areas for teachers to purchase homes in 2020 were all located in inland California, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. Redfin identified these areas through an analysis of median disposable incomes for teachers in the 157 U.S. metropolitan areas where there was sufficient income data from the U.S. Bureau of Labor Statistics and sufficient housing-cost data from Redfin and other sources.

Redfin Report Finds Most Affordable Locations for Teachers to Buy a Home

Carvana

Livent Corp

Las Vegas Sands

Plug Power

To open up this week, the Dow fluctuated between gains and losses, the S&P 500 gained 0.2% to set a new intraday record high, and the Nasdaq rose 0.4%. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.

Carvana Co Ranked Among Today's Top Shorts As Major Indices Rise To New Levels Following Last Week's Jackson Hole Symposium

SEATTLE, Aug. 30, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Miami, Sacramento, Phoenix, Las Vegas and Tampa were the most popular migration destinations based on net inflow among major U.S. metros in July, according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. A net inflow is a measure of how many more Redfin.com home searchers looked to move into a metro than leave.

Miami Has Seen Migration of Homebuyers Triple Since Last Year

Inari Medical

Renalytix AI plc

There's a stock on this list analysts think can climb by around 47%, as soon as more investors come around to their way of seeing things.

3 High-Growth Stocks That Could Soar by 30% or Better According to Wall Street

Baidu

A lack of competitive advantages for the "people's currency" makes these downtrodden stocks the more attractive buy.

3 Beaten-Down Stocks I'd Buy in a Heartbeat Over Dogecoin

Teladoc

Stocks in transformational companies can take investors a long way toward funding retirement.

Investing in These 2 Stocks Now Could Help You Retire Early

SEATTLE, Aug. 25, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —The national median home sale price increased 16% year over year to $361,225, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. At the same time, the share of home sellers dropping their asking prices each week continues to increase.

Redfin Reports Median Home Price Up 16% From 2020

SEATTLE, Aug. 25, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — America's disaster-prone areas are becoming more populous as new residents move in, according to a new report  from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. The U.S. counties with the largest share of homes facing high heat, drought, fire, flood and storm risk saw their populations grow from 2016-2020 due to migration, while the counties with the smallest share of homes facing climate risk largely saw their populations decline.

More People Are Moving In Than Out of Areas Facing High Risk From Climate Change

Amyris

Blink Charging

The Dow Jones is up 150 points, or nearly 0.5%, and the S&P 500 and Nasdaq are each up about 0.5%. Make the most of this market with today's best short plays from Q.ai's deep learning algorithms.

Amyris Among Today's Top Shorts Amid News That The Central Bank Could Taper Its Bond Purchasing Program

Optimism is waning for now for this real estate brokerage technologist.

Why Shares of Redfin Fell 11% This Week

This innovative tech company is transforming real estate sales, and bringing fees down in the process.

1 Real Estate Growth Stock to Buy Right Now

SEATTLE, Aug. 19, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —The median price of homes sold in July was up nearly 20% from a year earlier to a new all-time high of $385,600, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. This annual growth rate was down from a peak of 26% in May but still higher than any point on record prior to April of this year.

July Marked 12 Straight Months of Double-Digit Price Increases

Coupa Software

Analysts are forecasting a windfall for shareholders of Coupa and Redfin.

2 Growth Stocks With 83% to 116% Upside, According to Wall Street

SEATTLE, Aug. 18, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —The share of homes with price drops has now passed the 5% mark, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. This is the highest level this measure has reached since late 2019 and it is still climbing during a time of the year that is usually relatively flat.

Redfin Reports 5% of Home Sellers Dropped Their Price in Recent Weeks

SEATTLE, Aug. 17, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Demand for second homes fell 21% year over year in July, according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. This marks the second consecutive month of annual declines in mortgage-purchase locks, following 13 months of surging activity in second-home purchases.

Demand for Vacation Homes Fell for Second Consecutive Month in July

Green Thumb Industries Inc.

Pinterest

Skillz

Long-term investors can net huge discounts on these top-tier growth stocks.

5 Surefire Stocks That Are on Sale and Begging to Be Bought

Opendoor

Zillow

Q2 EPS for these three New Age companies were mediocre considering the strength of the housing market. Their new strategy of bundling services to be one-stop shops for home buying/selling has plenty of company. Competition should remain fierce for years.

New Age Realtors Zillow, Redfin And Opendoor: Sad Q2s And Despite 50% Price Drops, Still Too Expensive

SEATTLE, Aug. 16, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —In July, 60.1% of home offers written by Redfin agents faced competition, down from a revised rate of 66.5% in June and a pandemic peak of 74.1% in April, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage While July's bidding-war rate was the lowest since January, it was still higher than the 57.9% bidding-war rate we saw in July 2020, when the housing market was recovering following a shutdown caused by pandemic restrictions. Homebuying conditions have been improving this summer following months of fierce competition and soaring prices that were driven by an intensifying housing shortage, a pandemic moving spree made possible by remote work and historically low mortgage rates.

Homebuyer Bidding-War Rate Drops to Lowest Level Since January

Supernova Partners Acquisition Company

Although just a "theory", the concepts of game theory can be used to visualize where a particular industry is heading.

iBuyers: Game Theory And The Fate Of The Industry

Home sellers suggest the housing market is "no longer heating up," as homes are staying on the market longer and the share of homes with a price drop rose for a fifteenth straight week, according to a new report from Redfin Corp. RDFN, +1.85% , a real estate brokerage services company. Home that sold were on the market for a median 17 days for the four-week period ending Aug. 8, that's down from 35 days a year ago, but up from a record low of 15 days in late June and July.

Housing market 'no longer heating up,' new Redfin report shows

SEATTLE, Aug. 13, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —The share of homes for sale with a price drop rose for the fifteenth consecutive week to 4.9%, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. Home sellers are also beginning to notice that the market is no longer heating up, and buyers are seeing that homes are staying on the market a little longer—a median 17 days—as more homeowners are listing their homes and at more realistic prices.

Redfin Reports Balance is Slowly Returning as Homebuying Demand Recedes

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These hot growth stocks could deliver market-crushing returns.

Got $2,000? 3 Explosive Growth Stocks to Buy in August

Redfin CEO Glenn Kelman joins us on this episode of the GeekWire Podcast to discuss the latest twists in the housing market; delays in returning to the office; the role of climate in real estate; how technology is changing homebuying; and the impact of remote work and migration on Seattle and other U.

The new realities of real estate: Redfin CEO on tech, climate, housing, and the era of ‘a thousand HQs'

Technology is changing the way homes are bought and sold, and these two companies are dominating the online real estate industry.

2 Growth Stocks to Buy for the Real Estate Boom

SEATTLE, Aug. 6, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Executive Officer Glenn Kelman will present at the following virtual event: 22nd Annual KeyBanc Technology Leadership Forum Thursday, August 12, at 12:40 p.m. ET Links to the live webcast, as well as the replay, will be available at http://investors.redfin.com.

News for Redfin Stock (RDFN)