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.

Redfin Corporation (RDFN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Redfin Corporation (RDFN) Ahead of Earnings?

SEATTLE, Feb. 8, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin (www.redfin.com), the technology-powered real estate brokerage, is now publishing the buyer's agent commission for over 700,000 home listings in regions where this data is available. Redfin's mission to redefine real estate in...

Redfin Publishes Commissions on Over 700,000 Homes for Sale

Zillow

An analyst at Goldman Sachs upgraded the two real-estate services providers on Friday.

Zillow and Redfin Stock Have Soared. Why There Could Be More Growth Ahead.

SEATTLE, Feb. 4, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, 27.8% of Redfin.com users looked to move to another metro area in 2020, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That's up from 25.5% in 2019, a 9%...

Austin, Atlanta & Tampa Are Attracting Homebuyers From More Expensive Cities, Contributing to a Housing Supply Crunch

SEATTLE, Jan. 29, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $318,280, 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....

55% of Homes Under Contract Within 2 Weeks, a New Record

SEATTLE, Jan. 29, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The number of homes for sale in rural areas nationwide started the year down a record 44.4% compared to a year ago, according to a new analysis from Redfin (www.redfin.com), the technology-powered real estate brokerage. The analysis...

Housing Supply in Rural Areas Drops a Record 44%, Helping Drive the Overall Shortage of Homes for Sale

SEATTLE, Jan. 22, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $318,750, 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....

Homebuyers Undeterred by Declining Listings--Pending Sales up 32%, New Listings Down 10%

SEATTLE, Jan. 14, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nearly two thirds (63%) of people who bought a home last year made an offer on a property that they hadn't seen in person, the highest share since at least 2015. That's up from 32% a year earlier, and 45% in July, which was...

63% of 2020 Homebuyers Made an Offer Sight Unseen, Shattering Previous Record

The shares of Redfin Corp (NASDAQ:RDFN)  are down 2.5% at $78.71 at last check, after the real estate concern received a downgrade from BTIG to "neutral" from "buy.

Signal Says RDFN Is Headed Towards More Records

Redfin stock has been on an astonishing tear. One analyst says it is time to take some profits off the table.

Why It Might Be Time to Take Profits on Redfin

SEATTLE, Jan. 8, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 13% year over year to $319,000 during the 4-week period ending January 3, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Below are other key...

Home Prices Up 13%, Pending Sales Rise 38%

PHOENIX, Jan. 6, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- RedfinNow announced it has launched in the Phoenix metro area, giving homeowners a convenient new way to sell. RedfinNow is the iBuying service from Redfin (www.redfin.com), the technology-powered real estate brokerage. Sellers can...

RedfinNow Expands to Phoenix

Americold Realty

Jones Lang LaSalle

Lamar Advertising

Rexford Industrial Realty

According to the GuruFocus All-in-One Screener as of Jan. 4, the following real estate stocks are popular among gurus.

5 Real Estate Stocks Popular Among Gurus

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With just two trading days left in 2020, the major indices are remarkably on track to end 2020 with strong gains despite the pandemic and market crash in March. Our deep learning algorithms have crunched the data to give you a set of Top Shorts.

Top Stocks To Short Today As Dow Paces To Hit Record Closing

Inspire Medical Systems Inc

Slack

The indices are now remarkably up since the start of the year after where they were in March. The Nasdaq has soared over 43% year to date led by “stay-at-home” high flying tech names.

Top Stocks To Short Today As Investors Cheer Potentially Larger Stimulus Checks

SEATTLE, Dec. 29, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Six of the 10 most competitive cities for buying a home this year are in Washington state, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Spanaway, WA—located about 45 miles...

6 of the 10 Most Competitive Cities For Buying a Home This Year Are in Washington State

SEATTLE, Dec. 29, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 14% year over year to $320,714 during the 4-week period ending December 20, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Below are other key...

Home Prices Up 14%, Pending Sales Rise 34%

Inphi

LivePerson

Using our deep learning algorithms, our AI has crunched the data to give you a set of Top Shorts. Our Artificial Intelligence ("AI") systems assessed each firm on parameters of Technicals, Growth, Low Volatility Momentum, and Quality Value to find the best short plays.

Top Stocks To Short Today As Markets Gain Amid Positive Jobless Data

SEATTLE, Dec. 23, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — U.S. luxury home sales surged 60.7% year over year during the three months ending Nov. 30, the biggest jump since at least 2013, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage....

Luxury Home Sales Surge a Record 61%, Quadrupling Pre-Pandemic Growth

SEATTLE, Dec. 22, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — November was the most affordable month to buy a home in 2020, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The median monthly mortgage payment nationwide reached a low of...

November Was the Best Month to Buy a Home in 2020

SEATTLE, Dec. 21, 2020 /PRNewswire/ -- (NASDAQ: RDFN) -- The nation's top iBuyers purchased about 1,800 homes in the third quarter, according to the latest analysis on the iBuying market by Redfin (www.redfin.com), the technology-powered real estate brokerage. The leading iBuying...

iBuyer Home Purchases Were Down Nearly 80% Year Over Year In the Third Quarter, Redfin Reports

Etsy

Appian

Block

Trade Desk

These long-term winners look poised for another decade of growth.

Why I Plan to Buy More of My Top 5 Stocks of 2020

Two businesses that started out very differently could end up looking more and more similar over time.

Redfin and Zillow Are Both Evolving, But in Surprisingly Similar Ways

SEATTLE, Dec. 18, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $322,616, the highest on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Below are other key housing market...

Home Prices Up 15%, Pending Sales Rise 32%

Shares of Redfin (NASDAQ:RDFN) continue to climb seemingly unabated. Redfin stock is now up over 250% year-to-date.

News for Redfin Stock (RDFN)