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.

D.R. Horton

Essent Group

KB Home

MGIC Investment

NMI Hlds

PulteGroup

Radian Group

Zillow

While housing stocks homebuilders and online realtors have done well this year, mortgage insurers - MIs - have been poor performers.

Mortgage Insurers: The Way To Play Housing

SEATTLE, Aug. 14, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The national median home price rose 8.2% year over year to $323,800 in July, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage.

Home Prices Up 8% as Supply Fell 22% to a New All-Time Low in July

SEATTLE, Aug. 11, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — 46% of homes that went under contract during the four-week period ending August 2 found a buyer within two weeks of their market debut, according to a new report from Redfin.com, Redfin (www.redfin.com), the technology-powered real.

Homes Flying Off Market at Record Pace--46% Accept an Offer Within 2 Weeks

SEATTLE, Aug. 10, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — 54% of Redfin offers nationwide encountered bidding wars last month, down slightly from June's revised rate of 56%, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage.

Bidding Wars Hold Steady in July, With Over Half of Redfin Offers Encountering Competition

Antero Resources

Cloudera

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Texas Roadhouse

If you think that the market has come too far and the economic data points are going to turn, our deep learning algorithms paired with Artificial Intelligence ("AI") technology has you covered with several Top Shorts today.

Top Stocks To Short Today As Unemployment Data Beats Expectations

The online real estate brokerage saw suburbia pick up steam over the past few months.

Redfin's Quarterly Update Hints That Americans Are Gearing Up for Mass Migration

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Sabre

ADP private payrolls data disappointed in July by only adding 167,000 jobs versus estimates of 1 million, a large drop from the 4.314 million added in June. If you think more economic hardship is coming, our deep learning algorithms paired with AI has you covered with the Top Shorts today.

Top Stocks To Short Today As Dow Gains Following Strong Earnings From Disney

SEATTLE, Aug. 5, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Three-quarters of homebuyers who plan to buy a home within the next 12 months say the coronavirus pandemic has impacted their homebuying plans, according to a survey conducted by Redfin (www.redfin.com), the technology-powered real.

Redfin Survey: 25% of Homebuyers Are Moving--Or Moving Sooner Than Planned--Because of the Pandemic

It’s been a crazy year for Redfin, to say the least.

Redfin CEO says strength of housing market ‘almost feels eerie’ amid economic and health crisis

Redfin Corporation (RDFN) CEO Glenn Kelman on Q2 2020 Results - Earnings Call Transcript

Redfin Corp. RDFN, +3.56% shares handed back Thursday gains in the extended session as the online real-estate broker's quarterly results came in better than expected but offered an outlook range that book-ended the Wall Street consensus.

Redfin stock slips on outlook following earnings beat

Seattle-based real estate giant Redfin topped Wall Street estimates for its second quarter earnings, reporting $214 million in revenue, up 8%, and a net loss per share of $0.

Redfin beats Q2 estimates with $214M in revenue; CEO says ‘we’re inside a tornado’

SEATTLE, July 30, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the second quarter ended June 30, 2020. All financial measures, unless otherwise noted, are presented on a GAAP basis and include stock-based compensation, depreciation and.

Redfin Second-Quarter 2020 Revenue up 8% Year-over-Year to $214 million

SEATTLE, July 30, 2020 /PRNewswire/ -- (NASDAQ: RDFN) -- Almost half (45%) of people who bought a home in the past year made an offer on a property that they hadn't seen in person, the highest share since at least 2015, according to a new report from Redfin (www.redfin.com), the.

Nearly Half of Homebuyers Made an Offer Sight-Unseen, the Highest Share on Record

The stock's had a great year. One analyst believes it has run up too far, too fast.

Why Redfin Shares Fell Today

SEATTLE, July 23, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Listing prices of homes for sale were up 13%, to an all-time high of $328,500 during the four-week period ending July 12, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Closed.

Home Sellers' Asking Prices Up 13% from Last Year as Demand Keeps Soaring

Redfin: The Amazon Of Real Estate

Federal Agricultural

Farmer Mac's stock is off a third from its high, while Redfin's stock more than doubled the past year.

The Value Vs. Growth Chasm: Farmer Mac Vs. Redfin

SEATTLE, July 17, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The national median home price rose 2.8% year over year to an all-time high of $311,300 in June, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Home prices typically peak in June.

U.S. Median Home Sale Price up 3% to a New High in June

SEATTLE, July 16, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) will release second-quarter 2020 results after the stock market closes on Thursday, July 30, 2020. The company will host a live webcast of its conference call to discuss the results at 1:30 p.m.

Redfin to Announce Second-Quarter 2020 Results on July 30, 2020

SEATTLE, July 15, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Home sales surpassed pre-pandemic levels for the first time the week ending July 5, up 2% on a seasonally adjusted basis compared to January and February levels, according to a new report from Redfin (www.redfin.com), the.

Home Sales Exceed Pre-Pandemic Levels for the First Time

Shares of Redfin Corp. RDFN, -1.96% dropped 1.1% in midday trading Monday, after BofA Securities analyst Nat Schindler turned bearish on the real estate brokerage services company citing valuation concerns.

Redfin's stock falls after BofA Securities turns bearish, citing valuation concerns

One analyst thinks the discount real estate brokerage's stock has come too far, too fast.

Why Redfin's Shares Dropped Today

SEATTLE, July 10, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — More than half of Redfin offers for homes faced competition in June for the second month in a row, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Nationwide, 53.7% of Redfin...

More Than Half of Redfin Offers Faced Bidding Wars for Second Consecutive Month in June

SEATTLE, July 8, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The housing market closed out the month of June on somewhat uneven footing as pending sales pulled back slightly despite another record low for mortgage interest rates, according to a new report from Redfin (www.redfin.com), the...

News for Redfin Stock (RDFN)