Redfin Corporation (RDFN)

Redfin Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	988.07	976.67	1,100	1,059	886.09	779.8
Revenue Growth (YoY)	-9.42%	-11.18%	3.87%	19.47%	13.63%	60.15%
Cost of Revenue	645.58	646.85	790.46	665.42	653.98	635.69
Gross Profit	342.49	329.82	309.12	393.22	232.11	144.1
Selling, General & Admin	339.56	356.65	398.7	345.57	140.51	153.58
Research & Development	182.06	183.29	178.92	143.48	84.3	69.77
Other Operating Expenses	7.76	7.93	32.35	0	6.52	0
Operating Expenses	529.39	547.87	609.98	489.05	231.32	223.35
Operating Income	-186.89	-218.06	-300.86	-95.84	0.79	-79.25
Interest Expense / Income	12.48	9.52	8.89	7.49	19.5	8.93
Other Expense / Income	-63.76	-98.53	11.28	12.39	-0.18	-7.37
Pretax Income	-135.61	-129.05	-321.03	-115.72	-18.53	-80.81
Income Tax	0.4	0.98	0.12	-6.11	0	0
Net Income	-136	-130.03	-321.14	-109.61	-18.53	-80.81
Preferred Dividends	1.08	1.07	1.56	7.27	4.45	0
Net Income Common	-137.08	-131.1	-322.7	-116.88	-22.98	-80.81
Shares Outstanding (Basic)	118	113	108	105	99	92
Shares Outstanding (Diluted)	118	113	108	105	99	92
Shares Change	7.50%	4.84%	3.10%	6.20%	7.63%	6.90%
EPS (Basic)	-1.19	-1.16	-2.99	-1.12	-0.23	-0.88
EPS (Diluted)	-1.19	-1.16	-2.99	-1.12	-0.23	-0.88
Free Cash Flow	-28.62	44.7	18.96	-329.06	46.58	-123.14
Free Cash Flow Per Share	-0.24	0.40	0.18	-3.14	0.47	-1.34
Gross Margin	34.66%	33.77%	28.11%	37.14%	26.19%	18.48%
Operating Margin	-18.91%	-22.33%	-27.36%	-9.05%	0.09%	-10.16%
Profit Margin	-13.87%	-13.42%	-29.35%	-11.04%	-2.59%	-10.36%
Free Cash Flow Margin	-2.90%	4.58%	1.72%	-31.08%	5.26%	-15.79%
EBITDA	-48.29	-40.4	-231	-49.69	24.74	-55.71
EBITDA Margin	-4.89%	-4.14%	-21.01%	-4.69%	2.79%	-7.14%
Depreciation & Amortization	74.84	79.12	81.14	58.54	23.77	16.17
EBIT	-123.13	-119.52	-312.14	-108.23	0.97	-71.88
EBIT Margin	-12.46%	-12.24%	-28.39%	-10.22%	0.11%	-9.22%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).