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, Aug. 28, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — 27.8% of all Redfin.com users looked to move to another metro area in July 2020, up from 27.4% in the second quarter and 25.2% in July 2019, according to a new report from Redfin (www.redfin.com), the technology-powered real estate.

Sacramento Was the Most Popular Migration Destination in July, With More Than Half of Home Searches From Buyers Outside the Area

Does Redfin (RDFN) have what it takes to be a top stock pick for momentum investors? Let's find out.

Redfin (RDFN) is a Great Momentum Stock: Should You Buy?

SEATTLE, Aug. 27, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — A quarter (24.5%) of San Francisco-area home sellers cut their list prices during the four weeks ending August 16, the highest share since at least 2015, according to a new report from Redfin (www.redfin.com), the technology-powered.

A Quarter of San Francisco Home Sellers Are Dropping Their Prices, the Highest Rate on Record

SEATTLE, Aug. 27, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The typical home that sold in the four weeks ending August 16 was 3.7% larger (1,772 square feet) than the typical home that sold a year earlier.

Sales of Large Homes Up 21% as People Seek More Space Amid Pandemic

SEATTLE, Aug. 26, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following investor conference: D.A.

Redfin to Present at D.A. Davidson 19th Annual Software and Internet Virtual Conference

SEATTLE, Aug. 25, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Home prices and year-over-year price gains hit another high as prices continued to rise during a time of year that they usually decline, according to a new report from Redfin (www.redfin.com), the technology-powered real estate.

Record-Breaking Housing Market Continues: Prices Climb 11%, Pending Sales Up 15%

SEATTLE, Aug. 25, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Sales of newly-built homes climbed 10.1% year over year in July, recovering to pre-pandemic levels, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage.

Sales of New-Construction Homes Rebound to Pre-Coronavirus Levels, Rising 10% in July

Cinemark Holdings

Harsco

New York Mortgage Trust

Six Flags

Friday morning was muted in the stock markets, with all the major indices little changed after the open. If you're looking for places to short the market, Q.ai’s deep learning algorithms have used Artificial Intelligence ("AI") technology to identify the Top Shorts today.

Best Stocks To Short Today As Apple Keeps Dow Positive On Day

SEATTLE, Aug. 19, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin (www.redfin.com), the technology-powered real estate brokerage, today announced Kerry D.

Redfin Appoints Kerry D. Chandler to Board of Directors

The shares of Redfin Corporation (RDFN) are up 4.4% at $45.57 at last check, a chip-shot away from the stock’s August 7 record highs.

Support In Place For Redfin Stock To Swim Higher

SEATTLE, Aug. 18, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The median price of homes that sold during the four-week period ending August 9 was up 10% year over year—the largest increase in over six years—and hit a new all-time high of $314,000, according to a new report from Redfin.

Late-Summer Housing Market is Unseasonably Hot, Prices Up 10% and Pending Sales Up 13%

SEATTLE, Aug. 17, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, 6% of homes that were put up for sale in July held an open house in their first seven days on the market, according to a report from Redfin (www.redfin.com), the technology-powered real estate brokerage.

Just 6% of Home Listings Held Open Houses in July, Down From 16% a Year Earlier, Redfin Finds

SEATTLE, Aug. 17, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — The median sale price for homes in rural areas nationwide increased 11.3% year over year in the four weeks ending August 2; it rose 9.2% in suburban areas, according to a new report from Redfin (www.redfin.com), the.

Homebuyer Interest in Rural Areas Rises, With Prices Up 11% in July

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

Hecla Mining

Texas Roadhouse

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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

Bed Bath & Beyond

HollyFrontier

Pebblebrook Hotel Trust

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.

News for Redfin Stock (RDFN)