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.

Growth names are suddenly back in fashion again.

Why Redfin Shares Jumped Today

SEATTLE, March 11, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The nation's top iBuying companies purchased 3,505 homes in the fourth quarter of 2020, down 48% from a year earlier, according to a new report  from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. That represents 0.3% of homes that sold across the 418 U.S. metropolitan areas tracked by Redfin in the fourth quarter, down from 0.8% a year earlier but up slightly from 0.2% in the third quarter of 2020.

iBuyer Market Continues Slow Recovery, With Decline In Home Purchases Narrowing to 48% In the Fourth Quarter

SEATTLE, March 11, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The total value of homes in the U.S. has surged 13.4% ($4 trillion) during the coronavirus pandemic, to $33.4 trillion in February 2021 from $29.4 trillion in February 2020, according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. The increase was driven by Jacksonville, FL, Austin, TX, Charlotte, NC, Phoenix and Sacramento, CA—relatively affordable, sunny destinations that have attracted an influx of wealthy homebuyers from dense, coastal cities.

Jacksonville, Austin and Charlotte Led 13% Surge In Total U.S. Housing Market Value During Pandemic

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Here we discuss four stocks -- ZG, CSGP, RDFN, and APPF -- that are well-poised to gain from improvement in real estate technology market.

4 Stocks Poised to Benefit from Digitalization in Real Estate

SEATTLE, March 10, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Housing markets in vacation destinations and relatively affordable suburbs of big cities have heated up more than any other area over the last year, a time period that starts with the onset of the coronavirus pandemic in the U.S., according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. Places like Lake Tahoe, Cape Cod, and suburbs of Chicago and New York City are gaining popularity as homebuyers take advantage of remote-work policies to prioritize affordability and personal preferences like proximity to nature and recreation over living near the office.

Homebuyer Interest in Vacation Towns and Suburbs Has Soared Since the Pandemic

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The market is rotating, investors are optimistic, and big tech names are gaining again. Meanwhile, the deep learning algorithms at Q.ai have dug up the details to bring you today's best short plays.

Top Stocks To Short Today Amid Reverse Rotation

Opendoor

The tech-powered broker has a well-rounded business to address nearly all the needs of a residential real estate transaction.

Why I Still Like Redfin Better Than Zillow and Opendoor

SEATTLE, March 9, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — People who bought homes in primarily Black neighborhoods in 2019 gained a median $59,000 in home equity last year, compared with $50,000 for people who bought homes in primarily white neighborhoods, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. Equity grew more for people who bought homes in primarily Asian and Hispanic neighborhoods—by $79,000 and $67,000, respectively.

Black Homeowners Earned $59,000 in Home Equity in 2020, Compared With $50,000 for White Homeowners

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The rotation into recovery continues as President Biden's stimulus proposal passed through the Senate. To make the most of this market, Q.ai's Artificial Intelligence has assessed each firm to find today's top short plays.

Top Stocks To Short Today As The Rotation Into Recovery Continues

SEATTLE, March 8, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — A homebuyer would lose $23,250 in spending power with a mortgage rate of 3.25% versus a 2.75% rate, where they were sitting earlier this year, according to a new report from Redfin (www.redfin.com), the technology-powered real estate...

Homebuyers on a $2,500 Monthly Budget Stand to Lose $23,250 in Spending Power as Mortgage Rates Rise from Record Lows

SEATTLE, March 5, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event: Wolfe Virtual FinTech Forum Thursday, March 11, 2021, at 3:40 p.m. ET Link to the live webcast, as well as the...

Redfin to Present at Wolfe Virtual FinTech Forum

SEATTLE, March 5, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home-sale price increased 16% year over year to $323,600, an all-time high, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. This is the largest increase on record in this...

Homes Sell Closer Than Ever to List Price as Average Sale-to-List Ratio Approaches 100%

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A critical shortage of housing in the U.S. could fuel enormous gains for stocks in a number of industries.

5 High-Growth Stocks That Could Be the Next 10-Baggers

Many investors are turning away from remote-business stocks.

Why Stitch Fix, Zillow, and Other Consumer Services Stars Sank Today

SEATTLE, March 3, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will attend the following virtual event: Tenth Annual Susquehanna Technology Conference Wednesday, March 10, 2021 About Redfin Redfin (www.redfin.com) is a...

Redfin to Attend the Tenth Annual Susquehanna Technology Conference

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Today's Top Shorts As Tech Stocks Lag With More Rising Bonds

SEATTLE, March 2, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event: 2021 Truist Securities Technology, Internet & Services Conference Tuesday, March 9, 2021, at 12:10 p.m. ET Link...

Redfin to Present at 2021 Truist Securities Technology, Internet & Services Conference

SEATTLE, March 2, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin (www.redfin.com), the technology-powered real estate brokerage, announced it has expanded its Redfin Premier offering for high-end home sellers into some of the nation's top luxury markets: Lake Tahoe, Los Angeles, Santa...

Redfin Expands Premier Service for Luxury Properties in California, Seattle and Washington, D.C.

SEATTLE, Feb. 26, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $321,250, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Below are other key housing market takeaways for more than 400 U.S....

New Listings Fall 17%, Home Prices Rise 15%

Demand for the company's services is strong, but investors may be concerned about slumping profits in 2021.

Why Redfin Stock Was Hammered Today

Depleting inventory levels, decreasing mortgage rates and increase in home sales point to healthy outlook for housing market. Acquisition of RentPath should drive higher customer lifetime value.

Redfin: Benefitting From Strong Home Sales Trends

Redfin Corporation (RDFN) CEO Glenn Kelman on Q4 2020 Results - Earnings Call Transcript

The tech-enhanced low-cost real estate broker is forecasting a return to double-digit growth in Q1 2021.

Redfin Posts 5% Year-Over-Year Growth in Q4 as Home Supply Shortage Continues

Redfin (RDFN) delivered earnings and revenue surprises of 120.00% and 4.89%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Redfin (RDFN) Q4 Earnings and Revenues Top Estimates

Shares of Redfin (NASDAQ:RDFN) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 237.50% year over year to $0.11, which beat the estimate of $0.04.

News for Redfin Stock (RDFN)