Redfin Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Quarter Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021	Jun '21 Jun 30, 2021	Mar '21 Mar 31, 2021	Dec '20 Dec 31, 2020	Sep '20 Sep 30, 2020	Jun '20 Jun 30, 2020
Revenue	221.03	244.28	278.02	295.2	225.48	218.08	268.96	275.56	214.08	221.94	305.77	349.05	597.35	-221.07	540.07	471.32	268.32	244.52	236.92	213.67
Revenue Growth (YoY)	-1.97%	12.02%	3.37%	7.13%	5.32%	-1.74%	-12.04%	-21.05%	-64.16%	-	-43.38%	-25.94%	122.63%	-	127.96%	120.59%	40.48%	4.86%	-0.74%	8.03%
Cost of Revenue	150.39	162.34	176.15	185.62	154.67	144.93	170.62	175.37	155.95	166.37	215.11	237.81	524.81	-318.49	412.77	345.18	225.96	164.4	143.84	167.63
Gross Profit	70.63	81.94	101.86	109.59	70.81	73.15	98.34	100.19	58.14	55.57	90.67	111.24	72.54	97.42	127.3	126.14	42.36	80.12	93.07	46.04
Selling, General & Admin	95.73	76.16	85.97	94.97	92.75	72.54	79.48	94.8	109.84	84.71	91.22	124.45	102.31	77.88	103.54	114.97	49.19	24.36	33.61	32.5
Research & Development	39.49	34.95	40.33	42.22	46.43	44.1	44.39	47.14	47.66	43.25	43.34	46.82	49.64	30.66	43.66	41.49	27.68	23.61	22.45	17.96
Other Operating Expenses	20.93	0.95	2.51	1.33	0.89	0.77	0	6.11	1.05	13.95	0.28	12.41	5.71	0	0	0	0	6.52	0	0
Operating Expenses	156.15	112.06	128.82	138.51	140.07	117.4	123.87	148.05	158.56	141.91	134.84	183.67	157.66	108.54	147.2	156.45	76.87	54.48	56.06	50.47
Operating Income	-85.51	-30.12	-26.95	-28.93	-69.26	-44.25	-25.53	-47.86	-100.42	-86.34	-44.17	-72.44	-85.12	-11.11	-19.89	-30.32	-34.51	25.64	37.01	-4.43
Interest Expense (Income)	7.78	8.28	8.54	6.09	4.87	4.23	1.6	1.77	1.92	2.24	2.22	2.22	3.86	-0.33	3.67	2.81	1.34	11.86	2.52	2.67
Other Expense (Income)	-1.03	-1.13	-1.7	-7.69	-7.19	-25.69	-8.4	-22.5	-41.95	-26.32	43.72	3.33	1.69	16.97	-4.31	-0.2	-0.07	-0.26	0.32	-0.48
Pretax Income	-92.26	-37.27	-33.79	-27.32	-66.95	-22.8	-18.73	-27.13	-60.39	-62.26	-90.11	-77.99	-90.67	-27.75	-19.26	-32.93	-35.78	14.04	34.17	-6.61
Income Tax	0.26	-0.91	-0.01	0.56	-0.17	0.1	0.24	0.23	0.41	-0.31	0.13	0.16	0.13	-0.74	-0.31	-5.05	0	0	0	0
Net Income	-92.52	-36.37	-33.78	-27.88	-66.77	-22.9	-18.97	-27.36	-60.8	-61.95	-90.25	-78.15	-90.81	-27	-18.95	-27.88	-35.78	14.04	34.17	-6.61
Preferred Dividends	0	0.37	0.28	0.19	0.23	0.22	0.34	0.3	0.23	0.14	0.27	0.35	0.79	1.39	1.66	1.88	2.34	1.64	2.18	1.28
Net Income Common	-92.52	-36.73	-34.06	-28.07	-67.01	-23.11	-19.31	-27.66	-61.02	-62.09	-90.52	-78.5	-91.6	-28.4	-20.61	-29.76	-38.12	12.4	31.98	-7.9
Net Income Growth	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	371.59%	-
Shares Outstanding (Basic)	127	125	123	120	118	116	115	112	110	109	109	107	107	106	105	104	103	102	100	99
Shares Outstanding (Diluted)	127	125	123	120	118	116	115	112	110	109	109	107	107	106	105	104	103	102	108	99
Shares Change	7.44%	7.63%	7.23%	7.80%	7.50%	6.59%	5.50%	3.99%	3.23%	3.08%	3.30%	2.88%	3.13%	3.47%	-2.29%	5.67%	10.69%	10.49%	10.74%	8.30%
EPS (Basic)	-0.73	-0.29	-0.28	-0.23	-0.57	-0.20	-0.17	-0.25	-0.55	-0.57	-0.83	-0.73	-0.86	-0.27	-0.20	-0.29	-0.37	0.13	0.32	-0.08
EPS (Diluted)	-0.73	-0.29	-0.28	-0.23	-0.57	-0.20	-0.17	-0.25	-0.55	-0.57	-0.83	-0.73	-0.86	-0.27	-0.20	-0.29	-0.37	0.13	0.30	-0.08
EPS Growth	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	328.57%	-
Free Cash Flow	34.64	61.51	-44.31	-11.19	-49.54	-37.49	99.52	-41.11	23.79	184.95	14.65	-252.19	71.56	105.64	-207.48	-171.17	-56.05	5.44	38.47	49.53
Free Cash Flow Per Share	0.27	0.49	-0.36	-0.09	-0.42	-0.32	0.87	-0.37	0.22	1.70	0.14	-2.35	0.67	1.00	-1.97	-1.64	-0.54	0.05	0.39	0.50
Gross Margin	31.96%	33.54%	36.64%	37.12%	31.41%	33.54%	36.56%	36.36%	27.16%	25.04%	29.65%	31.87%	12.14%	-	23.57%	26.76%	15.79%	32.77%	39.28%	21.55%
Operating Margin	-38.69%	-12.33%	-9.69%	-9.80%	-30.71%	-20.29%	-9.49%	-17.37%	-46.91%	-38.90%	-14.45%	-20.75%	-14.25%	-	-3.68%	-6.43%	-12.86%	10.49%	15.62%	-2.07%
Profit Margin	-41.86%	-15.04%	-12.25%	-9.51%	-29.72%	-10.60%	-7.18%	-10.04%	-28.51%	-27.98%	-29.60%	-22.49%	-15.33%	-	-3.82%	-6.31%	-14.21%	5.07%	13.50%	-3.69%
Free Cash Flow Margin	15.67%	25.18%	-15.94%	-3.79%	-21.97%	-17.19%	37.00%	-14.92%	11.11%	83.33%	4.79%	-72.25%	11.98%	-	-38.42%	-36.32%	-20.89%	2.22%	16.24%	23.18%
EBITDA	-73.56	-16.79	-12.89	-8.77	-44.52	-0.8	0.5	-3.46	-36.64	-37.63	-67.38	-55.52	-68.83	-10.35	1.76	-13.53	-27.57	32.27	42.7	1.88
EBITDA Margin	-33.28%	-6.87%	-4.64%	-2.97%	-19.74%	-0.37%	0.18%	-1.26%	-17.11%	-16.95%	-22.04%	-15.90%	-11.52%	-	0.33%	-2.87%	-10.28%	13.20%	18.02%	0.88%
Depreciation & Amortization	10.92	12.2	12.37	12.47	17.55	17.77	17.63	21.9	21.83	22.39	20.52	20.25	17.98	17.72	17.35	16.59	6.87	6.37	6.02	5.83
EBIT	-84.48	-28.99	-25.26	-21.24	-62.07	-18.57	-17.13	-25.36	-58.47	-60.02	-87.89	-75.77	-86.81	-28.08	-15.59	-30.12	-34.45	25.9	36.69	-3.95
EBIT Margin	-38.22%	-11.87%	-9.09%	-7.19%	-27.53%	-8.51%	-6.37%	-9.20%	-27.31%	-27.04%	-28.74%	-21.71%	-14.53%	-	-2.89%	-6.39%	-12.84%	10.59%	15.49%	-1.85%

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).