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

Earnings data Q2 2024

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, Aug. 6, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Executive Officer Glenn Kelman will present at the following virtual event: Oppenheimer 24th Annual Technology, Internet & Communications Conference Tuesday, August 10, at 10:45 a.m. ET Links to the live webcast, as well as the replay, will be available at http://investors.redfin.com.

Redfin to Attend the Oppenheimer 24th Annual Technology, Internet & Communications Conference

The company posted admirable growth, but its bottom line is still well underwater.

Why Redfin Was Sinking on Friday Despite Q2 Beats

SEATTLE, Aug. 6, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- At $362,750, the median home-sale price did not set a new record high for the first time since early March, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. Instead, it was flat (-0.2%) from the four-week period ending July 25 and up 18% from a year earlier.

Redfin Reports Homebuying Conditions Improve Slightly as Mortgage Rates Decline

Redfin's (RDFN) CEO Glenn Kelman on Q2 2021 Results - Earnings Call Transcript

Seattle real estate brokerage Redfin on Thursday posted second quarter revenue of $471 million, a jump of 121 percent over the same period last year.

Redfin revenue soars 121% in second quarter as net loss grows on RentPath acquisition

Shares of Redfin (NASDAQ:RDFN) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 262.50% year over year to ($0.29), which beat the estimate of ($0.33).

Redfin: Q2 Earnings Insights

SEATTLE, Aug. 5, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the second quarter ended June 30, 2021. All financial measures, unless otherwise noted, are presented on a GAAP basis and include stock-based compensation, and depreciation and amortization.

Redfin Reports Second Quarter 2021 Financial Results

Redfin Corporation (NASDAQ:RDFN) is a technology-powered real estate broker, home-buyer, lender, title insurer, and renovations company based in the United States.

Call Traders Crowd Redfin Stock Ahead of Earnings

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Roku

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Cinemark Holdings Inc Ranked Among Today's Top Shorts

CHICAGO, August 3, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- RedfinNow launched today in the Chicago metro area. RedfinNow gives homeowners a convenient new way to sell a home with Redfin ( www.redfin.com ), the technology-powered real estate company.

RedfinNow Brings Cash Home Offers to Chicago

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Home Depot

KB Home

Lennar

Lowe's

PulteGroup

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Zillow

The housing boom should last another 12-24 months at the very least, which makes housing stocks an excellent play today. The post The Many Ways to Play Today's Housing Boom appeared first on InvestorPlace.

The Many Ways to Play Today's Housing Boom

SEATTLE, July 30, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- The median sale price of U.S. luxury homes jumped 25.8% year over year in the second quarter, while the median sale price of the country's most affordable homes rose 18.7%, according to a new report  from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. By comparison, prices of mid-priced and affordable homes grew just 16% and 13.2%, respectively.

Prices of the Most and Least Expensive U.S. Homes Are Surging the Fastest

SEATTLE, July 30, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —Key signs are pointing to a cooling housing market, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. Pending home sales posted their smallest year-over-year increase (7%) since late June 2020.

Redfin Reports Pending Sales Post Smallest Increase in Over a Year

SEATTLE, July 28, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin ( www.redfin.com ), the tech-powered real estate company, today announced it has launched in Gainesville, Pensacola and Tallahassee, Florida and Jackson, Mississippi. Mississippi is the 44th state for Redfin, which now serves more than 100 markets across the U.S. and Canada.

Redfin Launches in Mississippi and Expands in Florida, Now Serves More Than 100 Markets

ATLANTA, July 28, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — RentPath (www.rentpath.com), a Redfin company, announced today the appointment of Jon Ziglar as Chief Executive Officer effective August 16th. Ziglar comes to RentPath from ParkMobile, where he has been CEO and a board director since 2015.

RentPath Appoints Jon Ziglar as CEO

Redfin is making waves in the real estate industry.

This Disruptive Growth Stock Could Make You Rich

SEATTLE, July 26, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — People relocating to the Austin area pay an average of 7.8% above asking price for their home, while local buyers pay an average of 3.7% above asking price, according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. The typical home purchased by out-of-towners in Austin sells for $470,000, versus $447,500 for locals.

Redfin Report: Out-of-Towners Moving to Austin Spend $22,500 More on Homes Than Locals

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Real estate brokerage Redfin Corp. said Friday that it expects more homes for sale will suffer price declines in the coming weeks, as supply starts to pile up and pending sales continue to decline. "Just as buyers are pulling back, more listings are hitting the market," said Redfin Chief Economist Daryl Fairweather.

More homes for sale will see price declines in coming weeks, Redfin said

SEATTLE, July 23, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —The housing market's supply side is gradually gaining momentum as homes for sale begin to pile and pending sales continue a steady and seasonal decline, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. As both of these trends continue in the weeks ahead, prices will stop rising as rapidly as they have been and an increasing number of homes for sale will see price drops.

Redfin Reports Low Mortgage Rates Buoy Prices as Competition Eases

Redfin is rebuilding the home-buying process to please both consumers and investors alike.

Investors Can Ride This Real Estate Disruptor to Big Returns

Redfin (RDFN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Redfin (RDFN) Q2 Earnings Expected to Decline

SEATTLE, July 22, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Real estate investors purchased 67,943 U.S. homes in the second quarter of 2021, the highest quarterly figure on record, according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. That's up 15.1% from the prior quarter, and up 106.7% from the second quarter of 2020, when activity in the housing market was stalled due to pandemic restrictions.

News for Redfin Stock (RDFN)