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, May 21, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- A record high of 50% of homes sold for more than their list price during the four weeks ending May 16, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. This marks an increase of 23 percentage points from the same period a year earlier.

Redfin Reports Half of Homes Are Now Selling Above List Price

SEATTLE, May 19, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — U.S. home purchases by investors rose 2.7% year over year in the first quarter, marking the first period of growth since the coronavirus pandemic began, according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. That follows three consecutive quarters of declines, during which investor purchases slumped by as much as 45.5%.

Investor Home Purchases Rise for First Time in a Year as U.S. Economy Bounces Back

SEATTLE, May 19, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The national median home-sale price hit a record high of $370,528 in April, up 22% from 2020, according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. April was also a history-making month for housing by other measures, with the following metrics also hitting new records: The number of homes for sale fell to a record low.

Redfin Report: Buyers in Indianapolis, Omaha and Seattle are Snapping Up Homes in 5 Days or Less

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SEATTLE, May 18, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — For states with the lowest taxes, an average of four people moved in from other parts of the country for every one person who left over the last eight years, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. The trend is reversed in high-tax states, where an average of 2.5 people left for every one person who moved in.

For Low-Tax States, Four People Move In For Every One Person Who Leaves

Shopify

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SEATTLE, May 14, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —The median home-sale price increased 22% year over year to $350,750—an all-time high—according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. In addition, the typical home sold in a record of just 18 days on the market.

Home Sales Continue to Skyrocket as Homebuyers Scramble to Take Advantage of Historically Low Mortgage Rates

With tech stocks in all-out retreat, some high-growth names look like long-term values again.

3 Top Tech Stocks -- Down Nearly 50% -- to Buy After Q1 2021 Earnings

SEATTLE, May 14, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nearly three-quarters (72%) of home offers written by Redfin agents in April faced competition, according to a new report  from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. That's up from a revised rate of 66.7% in March and 44.9% in April 2020.

Almost Three-Quarters of Home Offers Written By Redfin Agents Faced Bidding Wars In April

SEATTLE, May 13, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will attend the following virtual event: 16th Annual Needham Virtual Technology & Media Conference Thursday, May 20, 2021 About Redfin Redfin (www.redfin.com) is a technology-powered real estate broker, instant home-buyer (iBuyer), lender, title insurer, and renovations company. We sell homes for more money and charge half the fee.

Redfin to Attend the 16th Annual Needham Virtual Technology & Media Conference

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Going into today, the Dow Jones continued its sell-off and fell more than 150 points while the S&P 500 lost 0.6% and the Nasdaq﻿﻿ dipped more than 1%. Our AI has identified the following stocks rated Top Short today.

AI Model Rates Redfin And Carvana Top Short Today

Real estate is a massive, and extremely fragmented market. Redfin is disrupting traditional real estate brokers by rearranging the mechanics of the real estate transaction process. Redfin is showing strong growth, and the company's trajectory remains in very early innings.

Redfin: Changing The Real Estate Game

Chewy

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Are you ready to add some up-and-coming stocks to your portfolio in 2021? Here're seven hot stocks to research further.

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The news: Seattle-based real estate company Redfin is forecasting record U.

Redfin forecasts record $2.53T in U.S. home sales this year

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The Dow fell 340 points, while the S&P 500 dipped 1.1%, and the Nasdaq dropped 1.2%. If you're looking for a way to play this market, the deep learning algorithms at Q.ai have crunched the data to give you a set of top shorts.

Tupperware Brands Corp And Redfin Corp Among Today's Top Shorts

SEATTLE, May 11, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin forecasts a record $2.53 trillion worth of home sales in America in 2021—a 17% year-over-year gain that would mark the largest annual increase in percentage terms since 2013. Redfin ( www.redfin.com ), the technology-powered real estate brokerage, made the prediction in a new report  out today.

U.S. Home Sales Likely to Hit Record High of $2.5 Trillion In 2021

SEATTLE, May 10, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The number of buyers who locked in mortgage rates for second homes soared 178% year over year in April, marking the 11th straight month of 80%-plus growth, per a new report  from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. The record increase should be taken in context: It is likely exaggerated because demand for second homes dropped 24% year over year last April, the month after the coronavirus pandemic hit the U.S. and real estate activity in the country nearly ground to a halt.

Demand for Second Homes Is More Than Double Pre-Pandemic Levels

Redfin (RDFN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Redfin (RDFN): Can Its 8.6% Jump Turn into More Strength?

Etsy

It's been a rough earnings season for growth stocks, but these two should bounce back.

These 2 High-Growth Stocks Just Went on Sale

SEATTLE, May 7, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — A record high 21% year-over-year growth rate in the median home-sale price hit $348,500, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. One contributing factor to the large rate of growth is that more high-end homes are being sold now than a year ago.

New Housing Market Records Set for Prices, Competition and Speed

Redfin (NASDAQ:RDFN) shares are trading lower after the company reported worse-than-expected Q1 EPS. Redfin is currently down 16.22% to a price of $51.97.

Why Redfin's Stock Is Down During Today's Session

Shares of the online real estate brokerage fell after bottom-line guidance missed the mark.

Why Redfin Stock Tumbled Today

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The major indices are trading mixed amid signs that reopening and recovery are on the horizon. If you're looking for a way to play this market, the deep learning algorithms at Q.ai have crunched the data to give you a set of Top Shorts.

Redfin Among Today's Best Short Plays As The Dow Trades Around Record High And The Nasdaq Continues Losing Streak

Redfin Corporation (RDFN) CEO Glenn Kelman on Q1 2021 Results - Earnings Call Transcript

Redfin first quarter results: The Seattle real estate company saw a 40% surge in revenue in the first quarter, reporting $268 million in sales.

News for Redfin Stock (RDFN)