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, Nov. 12, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Thirty-two percent of Americans have lost their job or lost wages—or someone in their household has—due to the coronavirus pandemic, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage....

Redfin Survey: 39% of Renters Have Lost Their Job or Wages Due to the Pandemic, Versus 30% of Homeowners

Is (RDFN) Outperforming Other Finance Stocks This Year?

Is Redfin (RDFN) Stock Outpacing Its Finance Peers This Year?

The small real estate technologist isn't immune to the pandemic, but its long game has gotten stronger.

3 Reasons I'm Buying More Redfin Stock After Its Q3 Earnings Report

Zillow

The U.S. housing market is making a comeback — and that's good news for online real estate giants Zillow Group and Redfin.

‘Simply put, people want to move': Zillow and Redfin rebound as U.S. housing market surges again

AMC Entertainment

Amazon

Electronic Arts

GameStop

CarMax

Netflix

Upwork Inc

Vista Outdoor

With coronavirus cases worsening, cyclical stocks might seem like an extreme contrarian play. However, you may be surprised at how viable going against the grain could be.

9 Cyclical Stocks With Further Gains to Come

Redfin Corporation (RDFN) CEO Glenn Kelman on Q3 2020 Results - Earnings Call Transcript

Redfin (RDFN) delivered earnings and revenue surprises of 20.00% and 0.82%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Redfin (RDFN) Tops Q3 Earnings and Revenue Estimates

Redfin beat analyst expectations for its fiscal third quarter, reporting revenue of $236.

Redfin beats Q3 estimates but stock dips; CEO says company's tech is a ‘passport to a new life'

Redfin Corporation (RDFN) is likely to have benefited from growing pace of increase in online visits and customer inquiries amid rising levels of home buyer interest and witness market share gains.

Key Factors to Impact Redfin Corporation (RDFN) Q3 Earnings

A new financing deal might have been a reason for some shareholders to book some profits, but now the focus shifts toward upcoming third-quarter results.

Here's Why Redfin Stock Crashed 16% in October

Housing advocates have accused Redfin of “redlining” minority neighborhoods with a price policy that can make it harder for people of color to sell their homes. Redfin will only act as a real estate broker for homes if they're above a minimum price that varies for each housing market — meaning the company is less.

Redfin policy makes it harder to sell homes in minority neighborhoods, lawsuit claims

SEATTLE, Oct. 30, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Santa Barbara has grown the most in popularity with people moving in from out of town over the last year, followed by Louisville, KY and Buffalo, NY, according to a new report from Redfin (www.redfin.com), the technology-powered real...

Santa Barbara, Louisville and Buffalo Have Soared in Popularity With Out-of-Town Homebuyers Since the Pandemic Began

Seattle-based real estate tech company Redfin is facing allegations of discriminatory pricing practices and “redlining” in a lawsuit filed by the National Fair Housing Alliance (NFHA) and other fair housing organizations.

Fair housing groups file federal lawsuit accusing Redfin of ‘redlining' minority communities

Redfin (RDFN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Redfin (RDFN) Reports Next Week: Wall Street Expects Earnings Growth

SEATTLE, Oct. 26, 2020 /PRNewswire/ -- (NASDAQ: RDFN) - Sixteen percent of Americans would consider leaving the country if the presidential candidate they support loses the election. That's according to an October survey of more than 3,000 U.S. residents commissioned by Redfin (www.redfin....

16% of U.S. Residents Would Consider Leaving the Country if Their Candidate Loses, Up From 9% in 2016: Redfin Survey

SEATTLE, Oct. 22, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) will release third-quarter 2020 results after the stock market closes on Thursday, November 5, 2020. The company will host a live webcast of its conference call to discuss the results at 1:30 p.m. Pacific Time / 4:30...

Redfin to Announce Third-Quarter 2020 Results on November 5, 2020

"There's no way it can last forever. This level of demand is absolutely insane," Redfin CEO Glenn Kelman told CNBC.

Redfin CEO expects 'absolutely insane' demand in housing market to last into 2021

SEATTLE, Oct. 16, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The median sale price of homes in zip codes with a low wildfire risk has increased 101% since 2012, compared with an 88% increase for homes in high-wildfire-risk zip codes, according to a new report from Redfin (www.redfin.com), the...

In Areas at High Risk for Wildfires, Relative Affordability Lures Homebuyers

SEATTLE, Oct. 15, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that it has priced $575 million aggregate principal amount of 0% convertible senior notes due 2025 (the "notes"). The aggregate principal amount of the offering was increased from the previously...

Redfin Prices Offering of $575 Million of 0% Convertible Senior Notes Due 2025

The allure of home offices and big backyards are sparking pandemic housing sales, Redfin says.

Sales of Luxury Homes Soar as Low Rates, Stay-at-Home Shoppers Fuel Market

SEATTLE, Oct. 13, 2020 /PRNewswire/ -- (NASDAQ: RDFN) -- U.S. luxury home sales increased 41.5% year over year in the third quarter, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That's the largest jump since at least 2013, when...

Luxury Home Sales Surge 42% in the Third Quarter

Redfin: A Disruptive Growth Play In Real Estate

SACRAMENTO, Calif., Oct. 9, 2020 /PRNewswire/ -- (NASDAQ: RDFN) -- Homeowners in the Sacramento area can now get a cash offer for their home from RedfinNow, the iBuying service of Redfin, the technology-powered real estate brokerage. By selling to RedfinNow, homeowners get the certainty...

RedfinNow Expands to Sacramento

SEATTLE, Oct. 8, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $320,625—the highest on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The largest increase ever recorded in the...

U.S. Home Prices Up 15%, Largest Growth Since at Least 2005

SEATTLE, Oct. 8, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — More people moved from blue (Democratic) to red (Republican) counties than from red to blue counties in the spring, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Specifically,...

News for Redfin Stock (RDFN)