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

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Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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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.

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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.

D.R. Horton

KB Home

Lennar

Toll Brothers

SPDR S&P Homebuilders ETF

Despite rising mortgage rates and a slightly cooling housing market, homebuilding stocks like Lennar NYSE: LEN and KB Homes NYSE: KBH are ripping higher and outperforming the S&P 500.

Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?

Uber

Since 1985, the Nasdaq-100 index has only declined in consecutive years on one occasion. The index plunged in 2022, but true to form, it's surged 34% already in 2023.

The Market Has Soared in 2023, but It's Not Too Late to Buy These 2 Unstoppable Stocks

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — One-third (33.4%) of U.S. home purchases were made in cash in April, up from 30.7% a year earlier and the highest share in nine years, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's comparable with February's 33.5% share. All-cash purchases are making up a bigger portion of the homebuying pie for one major reason: Elevated mortgage rates are deterring homebuyers who take out mortgages more than.

One-Third of U.S. Homebuyers Are Paying in Cash, the Highest Share in Nearly a Decade

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Pending home sales fell 17% from a year earlier during the four weeks ending May 28, one of the biggest declines since the start of the year. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That year-over-year drop is especially notable because pending sales had already started falling at this time last year as mortgage rates shot up past 5%. Seasonally adjusted measures of homebuying demand show.

Redfin Reports Mortgage Rates Are Up, Homes Sales Are Down, As Prices Remain Resilient

Elon Musk said this week that home prices will tumble soon, following those of commercial real estate. Redfin's CEO responded, saying the loss of demand for commercial real estate is driving up demand for residential real estate.

Elon Musk said home prices will crater - and it prompted a sharp rebuttal from the CEO of housing giant Redfin

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Real estate investors purchased 48.6% fewer homes in the first quarter of 2023 than they did a year earlier as elevated interest rates along with declining rents and housing values ate into potential profits, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's the largest annual decline on record, and outpaced the 40.7% drop in overall home purchases in the 40 major metros tracked by Redfin. Investor.

Redfin Reports Investor Home Purchases Fell a Record 49% Year Over Year in the First Quarter

SEATTLE--(BUSINESS WIRE)--Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event: BofA Securities 2023 Global Technology Conference Tuesday, June 6, at 2:40 p.m. PT A link to the live webcast, as well as the replay of this presentation, will be available at http://investors.redfin.com. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rent.

Redfin to Present at BofA Securities 2023 Global Technology Conference

Opendoor

Rocket Companies, Inc.

Navigating the tumultuous housing landscape can be a nerve-racking endeavor for long-term investors. With towering home prices, escalating mortgage rates, and a shrinking inventory, the echoes of a potential housing market crash are difficult to ignore.

3 Stocks That Will Make You Poor if the Housing Market Tanks

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The number of Redfin.com users looking to move to a different part of the country is down 6% from a year earlier, the biggest drop on record, as the overall U.S. housing market remains cool in the face of high mortgage rates and economic uncertainty. This is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's a big swing from a year ago at the tail end of the pandemic homebuying boom, when the number.

Redfin Reports Out-of-Town Moves Have Fallen 6% From a Year Ago, Compared With 17% Drop For In-Town Moves

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Housing payments hit a new high this week as mortgage rates jumped due to progress on a possible debt-ceiling deal. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Daily average rates hit 7.12% on May 25, reaching their highest level since November. The typical U.S. homebuyer's monthly mortgage payment hit a record-high $2,614 at a 6.57% mortgage rate, the current weekly average. The rate increas.

Redfin Reports Mortgage Rates Surge Past 7.1% For First Time Since November; Some Buyers Back Off While Others Lower Budget

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Home sellers gave concessions to buyers in 42.9% of U.S. home sales during the three months ending April 30, up from 25.5% a year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's just shy of the 45.6% record-high hit in February. The share of home sellers providing concessions—which include things like money toward repairs, closing costs and mortgage-rate buydowns—has inched down from Feb.

More Than 2 in 5 Home Sellers Are Making Concessions to Buyers, Nearly Double Last Year's Share

SEATTLE--(BUSINESS WIRE)--The pandemic housing market era has made home price-growth trends more local in the last year than they have been since 2009, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Metro-to-metro variations in home-price growth reached a 13-year high in spring 2022, at the tail end of the pandemic homebuying boom. Though variation has come down since then, price growth still fluctuates much more than before the pandemic as the.

Redfin Reports Home-Price Growth During Pandemic Was Most Local Since the Great Recession

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —The median U.S. home sale price fell 4.1% ($17,603) year over year in April to $408,031, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's the biggest drop on record in dollar terms and the largest decline since January 2012 in percentage terms. April marked the third consecutive month of year-over-year declines following roughly a decade of increases. Home prices fell from a year earlier because el.

Redfin Reports Homes in Austin and Boise are Selling for $80,000 Less Than a Year Ago

Confluent

DigitalOcean Holdings

Many individual technology stocks are still heavily beaten down after a tough 2022. But a stumbling stock price doesn't always reflect the strength of a company's underlying business.

3 Super Stocks Down 70% to 88% You'll Wish You'd Bought on the Dip

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — There are just four major U.S. metropolitan areas where it would be cheaper to buy than rent the typical home—that is, the typical home has an estimated monthly mortgage cost lower than its estimated monthly rental cost. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In Detroit, the typical home is 24% less expensive to buy than rent—the largest discount in percentage terms among the 50 most pop.

Redfin Reports There Are Only Four Major U.S. Metro Areas Where It's Cheaper to Buy a Home Than Rent

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The median U.S. home-sale price fell 2.7% during the four weeks ending May 14, the smallest decline in over a month. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Monthly mortgage payments hit a record high due to still-high prices and elevated mortgage rates. On a local level, home prices are declining in 28 of the 50 most populous U.S. metros, down from a high of 32 metros at the end of April.

Redfin Reports Fewer Metros Are Seeing Home-Price Declines As Lack of Inventory Keeps Prices Afloat

EZCORP

Nordstrom

SoFi Technologies

Vroom

If we follow the common wisdom, the Federal Reserve raised interest rates in what could be its last major action against inflation, which would then make stocks to sell in a hawkish environment seem completely irrelevant. For what it's worth, I hope that this list of publicly traded enterprises to watch out for ages like milk.

7 Stocks to Sell if the Fed Keeps Raising Interest Rates

The real estate disruptor has rebounded nicely, but does it have a bright future?

Redfin Is Up 165% in 2023 -- Could It Still Be a Long-Term Bargain?

Baidu

Exelixis

Innovative Industrial Properties

Pinterest

The stock market is unpredictable over short periods, as evidenced by the Nasdaq Composite losing a third of its value in 2022. Conversely, stock indexes are highly predictable over long periods and have, eventually, recouped all losses associated with previous corrections and bear markets.

Nasdaq Bear Market: 5 Exceptional Growth Stocks You'll Regret Not Buying on the Dip

A pair of analysts got more bullish on the real estate portal operator. This followed the previous week's earnings release.

Why Redfin Stock Blasted Almost 13% Higher This Week

SEATTLE--(BUSINESS WIRE)--Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event: 18th Annual Needham Technology & Media Conference Thursday, May 18, at 10:15 a.m. ET A link to the live webcast, as well as the replay of this presentation, will be available at http://investors.redfin.com. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage.

Redfin to Present at 18th Annual Needham Technology & Media Conference

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The median U.S. asking rent rose 0.3% year over year to $1,967 in April—the 11th-consecutive month of slowing growth, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That compares to a revised increase of 1.4% one month earlier and a 16% increase one year earlier. On a month-over-month basis, the median asking rent fell 0.2%, which is notable because rents typically rise at this time of year. An expandi.

Redfin Reports Asking Rents Flattened in April as Landlords Faced Rising Vacancies

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Limited inventory and elevated mortgage rates continue to suppress U.S. home sales as we enter the heart of spring, typically a hot homebuying season, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. But buyers and sellers can at least take a little comfort in knowing the Federal Reserve probably won't raise interest rates again anytime soon. This week's inflation report shows a slight slowdown in price.

Redfin Reports Limited Listings Lead to Few But Fast Home Sales

Opendoor and Redfin are both up sharply today. The moves come a few days after strong earnings reports, but new economic data is fueling investor optimism.

Is Real Estate Back? Here's Why Opendoor and Redfin Are Soaring

Redfin's revenue fell 45% in Q1, yet its stock jumped 37% after the market found out. The company's bottom-line losses improved significantly, and it might even be EBITDA positive this year.

News for Redfin Stock (RDFN)