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.

The COVID-19 coronavirus pandemic is disrupting the U.S. housing market.

Why Redfin Stock Plunged on Friday

Redfin is making adjustments amid the COVID-19 crisis and uncertainty surrounding the real estate market.

Redfin’s coronavirus response: CEO forgoes salary for 2020; agent base pay increases; and more

Realty Income Corp

Zillow

Helped, in part, by a surge in the broader market, these stocks skyrocketed.

These 3 Real Estate Stocks Soared 17% or More on Tuesday

Realogy Holdings

Benzinga is covering every angle of how the coronavirus affects the financial world.

Zillow, Redfin, Realogy and Opendoor Suspend iBuyer Home Purchase Programs Due To Pandemic

National Instruments

PT Telekomunikasi Indonesia

The tech stocks made big moves in a volatile market.

Why National Instruments and Redfin Soared and Telekomunikasi Indonesia Sank

Seattle-based real estate company Redfin announced Wednesday that RedfinNow, an arm of its business that buys homes directly from homeowners and resells them to homebuyers, will temporarily pause making offers on homes.

RedfinNow pauses making offers on homes as CEO says housing market has taken ‘turn for the worse’

Redfin pauses making offers on homes as CEO says housing market has taken ‘turn for the worse’

Home Depot

Lennar

Meritage Homes

PulteGroup

The COVID-19 pandemic could lead to a major downturn in the U.S. housing market.

Why Real Estate Stocks Got Rocked Today

Toll Brothers

Housing stocks may be in store for a rough spring selling season.

Why Real Estate Stocks Plunged Today.

Alteryx

NCR Corporation

Nutanix

Uber

The COVID-19 panic weighed heavy on the markets again on Thursday. These five tech stocks should come back swinging when the crisis has passed.

These 5 Stocks Look Like Solid Buys Amid the Coronavirus-Fueled Sell-Off

Fastly

Zuora

Coronavirus was bad enough. One director's stock sale didn't help.

Why Zuora, Fastly, and Redfin Shares Plummeted Today

Adaptive Biotechnologies

Amazon

Avalara Inc

Expedia

Microsoft

Impinj

Smartsheet

T-Mobile US

The Dow Jones closed down more than 2,000 points, or 7.8%. The S&P 500 fell 7.6%. International markets also took a hit.

Shares of Seattle tech companies sink as stock market sees worst drop since 2008

Akamai Technologies

Zoom Video

Several volatile tech stocks crashed hard on Friday as investors sought safer havens for their assets. That was probably a big mistake.

Here's Why Several Volatile Tech Stocks Crashed Today

While there is still no statistical data to really show any concrete housing impact of the coronavirus outbreak, brokerage Redfin says that in some U.S. cities sellers and buyers are acting cautiously.

Seattle-Based Brokerage Redfin Starts To See Coronavirus Impact On Housing Market

Profitability is on the rise, and that's reason for excitement.

What Market Correction? Redfin Was Up 11% in February

Peloton

These high-growth companies can help you earn handsome gains.

2 Top Mid-Cap Stocks to Buy Right Now

Beyond Meat

PetIQ

Redfin, PetIQ, and Beyond Meat all have upcoming catalysts to propel their shares higher.

3 High-Growth  Stocks  That Could Soar

The Q4 earnings report says technology is driving down both the price and complexity of home buying and Redfin sales up.

Redfin Blows Away Estimates to End 2019, Issues Rosy Outlook for 2020

There's a lot to like in the tech company's fourth-quarter update, including accelerated revenue growth and expanding margins.

Why Redfin Stock Jumped Thursday

Redfin Corp (RDFN) CEO Glenn Kelman on Q4 2019 Results - Earnings Call Transcript

Shares of Redfin were up more than 5 percent in after-hours trading after the real estate company posted its fourth quarter earnings report.

Redfin stock rises 5% after real estate giant posts $233 million in Q4 revenue, up 88%

Shares of Redfin Corp. RDFN, +1.55% rose more than 7% in the extended session Wednesday after the real estate company reported a narrower quarterly loss and sales that jumped 88% year-on-year.

Redfin stock gains 7% on narrower quarterly loss, sales beat

Aurora Cannabis

These companies could deliver exponential gains to investors.

2  Stocks  That  Could Double Your Money

CBRE Group

Forestar Group

Howard Hughes

LGI Homes

Previously owned home rose 3.6% in December boosted by low interest rates that pushed sales of both multi-family and single-family homes.

Existing Home Sales Surge as Low Interest Rates Lure Buyers

Redfin shares moved sharply higher during Wednesday's session after industry reports showed robust mortgage and refi growth.

News for Redfin Stock (RDFN)