Redfin Corporation (RDFN)

Redfin Income Statement

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

Fiscal Quarter	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	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	222.82	643.06	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%	-3.92%	-65.49%	-43.38%	-25.94%	-16.96%	162.99%	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	171.17	535.03	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	51.65	108.02	127.3	126.14	42.36	80.12	93.07	46.04
Selling, General & Admin	87.63	76.16	85.97	94.97	83.5	72.54	79.48	94.79	109.84	84.71	91.21	122.94	97.41	89.36	103.54	114.97	49.19	32.17	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	45.52	43.89	43.66	41.49	27.68	23.61	22.45	17.96
Operating Expenses	127.12	111.11	126.31	137.18	129.93	116.64	123.87	141.93	157.51	127.95	134.54	169.76	142.93	133.25	147.2	156.45	76.87	55.78	56.06	50.47
Operating Income	-56.48	-29.17	-24.44	-27.59	-59.12	-43.49	-25.53	-41.74	-99.37	-72.38	-43.88	-58.52	-91.29	-25.23	-19.89	-30.32	-34.51	24.34	37.01	-4.43
Interest Expense	-7.78	-8.28	-8.54	-6.09	-4.87	-4.23	-1.6	-1.77	-1.92	-2.24	-2.22	-2.22	-2.21	-3.94	-3.67	-2.81	-1.34	-11.86	-2.52	-2.67
Interest & Investment Income	1.12	1.22	1.84	1.46	1.83	2.36	2.06	2.7	3.41	4.69	1.17	0.55	0.22	0.16	0.18	0.14	0.16	0.22	0.32	0.44
Other Non Operating Income (Expenses)	-0.09	-0.64	-	-	-0.33	-0.44	-	-	-	-2.63	-	-	-	1.26	4.13	0.07	-0.09	0.05	-0.64	0.04
EBT Excluding Unusual Items	-63.23	-36.88	-31.14	-32.22	-62.49	-45.79	-25.07	-40.8	-97.88	-72.57	-44.92	-60.19	-93.28	-27.75	-19.26	-32.93	-35.78	12.74	34.17	-6.61
Merger & Restructuring Charges	-29.03	-0.95	-2.51	-1.33	-0.89	-0.77	-	-6.11	-1.05	-13.95	-0.3	-13.91	-6.63	-	-	-	-	-	-	-
Gain (Loss) on Sale of Investments	-	0.56	-0.14	-0.08	-	0.42	-0.16	-0.15	-0.23	3.08	-0.9	-0.26	-1.91	-	-	-	-	-	-	-
Asset Writedown	-	-	-	-	-	-1.84	-	-	-	-1.14	-	-	-	-	-	-	-	-	-	-
Legal Settlements	-	-	-	-	-9.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Unusual Items	-	-	-	6.31	5.69	25.17	6.5	20.08	42.27	57.19	-	-	-	-	-	-	-	1.3	-	-
Pretax Income	-92.26	-37.27	-33.79	-27.32	-66.95	-22.8	-18.73	-26.98	-56.9	-27.39	-46.12	-74.36	-101.81	-27.75	-19.26	-32.93	-35.78	14.04	34.17	-6.61
Income Tax Expense	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	-	-	-	-
Earnings From Continuing Operations	-92.52	-36.37	-33.78	-27.88	-66.77	-22.9	-18.97	-27.21	-57.31	-27.08	-46.25	-74.52	-101.95	-27	-18.95	-27.88	-35.78	14.04	34.17	-6.61
Earnings From Discontinued Operations	-	-	-	-	-	-	-	-0.15	-3.49	-34.87	-43.99	-3.62	11.14	-	-	-	-	-	-	-
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 & Other Adjustments	-	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 to 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 (YoY)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	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	109	108	99
Shares Change (YoY)	7.44%	7.64%	7.23%	7.80%	7.50%	6.57%	5.50%	3.99%	3.22%	3.08%	3.30%	2.88%	3.13%	-3.40%	-2.29%	5.67%	10.69%	18.35%	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	0.12	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	0.11	0.30	-0.08
EPS Growth (YoY)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	328.57%	-

Additional Metrics

Fiscal Quarter	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Free Cash Flow	34.64	61.51	-44.31	-11.19	-49.54	-37.49	99.52	-	23.79	184.95	14.65	-	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	-	0.22	1.70	0.14	-	0.67	1.00	-1.97	-1.64	-0.54	0.05	0.36	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%	23.18%	16.80%	23.57%	26.76%	15.79%	32.77%	39.28%	21.55%
Operating Margin	-25.55%	-11.94%	-8.79%	-9.35%	-26.22%	-19.94%	-9.49%	-15.15%	-46.41%	-32.62%	-14.35%	-16.77%	-40.97%	-3.92%	-3.68%	-6.43%	-12.86%	9.95%	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%	-41.11%	-4.42%	-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%	-	11.11%	83.33%	4.79%	-	32.12%	16.43%	-38.42%	-36.32%	-20.89%	2.22%	16.24%	23.18%
EBITDA	-48.18	-19.74	-14.96	-18.14	-44.72	-29.08	-11.23	-24.7	-82.35	-55.47	-28.22	-43.34	-76.47	-10.63	-5.61	-16.64	-30.17	28.32	40.73	-0.87
EBITDA Margin	-21.80%	-8.08%	-5.38%	-6.14%	-19.83%	-13.33%	-4.17%	-8.96%	-38.47%	-25.00%	-9.23%	-12.42%	-34.32%	-1.65%	-1.04%	-3.53%	-11.24%	11.58%	17.19%	-0.41%
D&A For EBITDA	8.31	9.43	9.49	9.46	14.4	14.41	14.3	17.04	17.01	16.91	15.66	15.19	14.81	14.6	14.29	13.68	4.34	3.98	3.72	3.56
EBIT	-56.48	-29.17	-24.44	-27.59	-59.12	-43.49	-25.53	-41.74	-99.37	-72.38	-43.88	-58.52	-91.29	-25.23	-19.89	-30.32	-34.51	24.34	37.01	-4.43
EBIT Margin	-25.55%	-11.94%	-8.79%	-9.35%	-26.22%	-19.94%	-9.49%	-15.15%	-46.41%	-32.62%	-14.35%	-16.77%	-40.97%	-3.92%	-3.68%	-6.43%	-12.86%	9.95%	15.62%	-2.07%
Revenue as Reported	-	-	-	-	-	-	-	-	-	-	-	-	-	643.06	540.07	471.32	268.32	244.52	236.92	213.67

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jan 1, 2000

Data Sources Report a data error