Redfin Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	976.67	1,100	1,059	886.09	779.8	486.92	370.04	267.2	187.34	125.36
Revenue Growth (YoY)	-11.18%	3.87%	19.47%	13.63%	60.15%	31.59%	38.49%	42.63%	49.44%	-
Cost of Revenue	646.85	790.46	665.42	653.98	635.69	367.5	258.22	184.45	138.49	93.27
Gross Profit	329.82	309.12	393.22	232.11	144.1	119.42	111.82	82.74	48.85	32.09
Selling, General & Admin	356.65	398.7	345.57	140.51	153.58	109.56	85.26	70.94	51.29	39.3
Research & Development	183.29	178.92	143.48	84.3	69.77	53.8	42.53	34.59	27.84	17.88
Other Operating Expenses	7.93	32.35	0	6.52	0	0	0	0	0	0
Operating Expenses	547.87	609.98	489.05	231.32	223.35	163.36	127.79	105.53	79.14	57.17
Operating Income	-218.06	-300.86	-95.84	0.79	-79.25	-43.93	-15.97	-22.78	-30.29	-25.08
Interest Expense / Income	9.52	8.89	7.49	19.5	8.93	3.68	0	0	0	0
Other Expense / Income	-98.53	11.28	12.39	-0.18	-7.37	-5.64	-0.97	-0.26	-0.05	-0.05
Pretax Income	-129.05	-321.03	-115.72	-18.53	-80.81	-41.98	-15	-22.53	-30.24	-25.04
Income Tax	0.98	0.12	-6.11	0	0	0	0	0	0	-0.31
Net Income	-130.03	-321.14	-109.61	-18.53	-80.81	-41.98	-15	-22.53	-30.24	-24.73
Preferred Dividends	1.07	1.56	7.27	4.45	0	0	175.92	55.5	102.22	101.25
Net Income Common	-131.1	-322.7	-116.88	-22.98	-80.81	-41.98	-190.92	-78.03	-132.46	-125.98
Shares Outstanding (Basic)	113	108	105	99	92	86	43	14	13	11
Shares Outstanding (Diluted)	113	108	105	99	92	86	43	14	13	11
Shares Change	4.84%	3.10%	6.20%	7.63%	6.90%	100.53%	196.78%	7.29%	25.19%	-
EPS (Basic)	-1.16	-2.99	-1.12	-0.23	-0.88	-0.49	-4.47	-5.42	-9.87	-11.76
EPS (Diluted)	-1.16	-2.99	-1.12	-0.23	-0.88	-0.49	-4.47	-5.42	-9.87	-11.76
Free Cash Flow	44.7	18.96	-329.06	46.58	-123.14	-45.01	-6.76	-22.92	-26.83	-18.56
Free Cash Flow Per Share	0.40	0.18	-3.14	0.47	-1.34	-0.53	-0.16	-1.59	-2.00	-1.73
Gross Margin	33.77%	28.11%	37.14%	26.19%	18.48%	24.53%	30.22%	30.97%	26.07%	25.60%
Operating Margin	-22.33%	-27.36%	-9.05%	0.09%	-10.16%	-9.02%	-4.32%	-8.53%	-16.17%	-20.01%
Profit Margin	-13.42%	-29.35%	-11.04%	-2.59%	-10.36%	-8.62%	-51.59%	-29.20%	-70.71%	-100.49%
Free Cash Flow Margin	4.58%	1.72%	-31.08%	5.26%	-15.79%	-9.24%	-1.83%	-8.58%	-14.32%	-14.80%
EBITDA	-40.4	-231	-49.69	24.74	-55.71	-29.83	-7.83	-16.23	-25.84	-22.36
EBITDA Margin	-4.14%	-21.01%	-4.69%	2.79%	-7.14%	-6.13%	-2.11%	-6.08%	-13.79%	-17.84%
Depreciation & Amortization	79.12	81.14	58.54	23.77	16.17	8.47	7.18	6.29	4.4	2.67
EBIT	-119.52	-312.14	-108.23	0.97	-71.88	-38.3	-15	-22.53	-30.24	-25.04
EBIT Margin	-12.24%	-28.39%	-10.22%	0.11%	-9.22%	-7.87%	-4.05%	-8.43%	-16.14%	-19.97%

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).