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 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.

Revenue

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.

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) — Sales of luxury U.S. homes fell 38.1% year over year during the three months ending Nov. 30, 2022, the biggest decline on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That outpaced the record 31.4% decline in sales of non-luxury homes. Redfin's data goes back to 2012.

Redfin Reports Luxury-Home Sales Sink 38%, the Biggest Decline on Record

NIKE

Here are a pair of stocks that look oversold going into 2023.

2 No-Brainer Turnaround Stocks to Buy for 2023

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) —The combination of slowing price growth, lower mortgage payments and homes sitting on sale for well over a month is making the market a bit more favorable for buyers than it was in the fall, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

Redfin Reports Typical Monthly Payment Is Nearly $300 Less Than October Peak, Bringing Some Homebuyers Back

Shares of Redfin Corp. RDFN, -5.50% slid 5.4% in morning trading Thursday, after the technology-powered real estate brokerage said home sales suffered a record monthly drop, as elevated housing costs kept buyers and sellers on the sidelines. The company said that on a seasonally adjusted basis, home sales in November fell 35.1% from the same period a year ago, the biggest year-over-year drop in Redfin's records dating back to 2012.

Home sales suffer biggest drop on record in November, Redfin says

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) — Home sales fell 35.1% year over year in November on a seasonally-adjusted basis, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That is the largest decline in Redfin's records that date back to 2012.

Redfin Reports Home Sales Slumped 35% in November, the Biggest Decline on Record

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Two stocks that have fallen as much as 95% from last year's highs can be had for just a few bucks. Let's go holiday shopping.

Stocking Stuffers: 2 Stocks Trading Under $5

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) — Roughly one-third (31.9%) of U.S. home purchases were paid for with all cash in October, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That's up from 29.9% a year earlier and the highest share since 2014.

Redfin Reports Share of Homes Bought With All Cash Hits Highest Level Since 2014

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) — Nationwide, 24.1% of homebuyers looked to move to a different metro during the three months ending in November, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. This percentage is on par with the record high set in the summer and up from around 18% before the pandemic.

Homebuyers Are Flocking to the Sun Belt, Attracted to Relatively Affordable Home Prices

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) —Redfin's Homebuyer Demand Index—a measure of home-tour requests and other services from Redfin agents—is up 10% and mortgage-purchase applications are up 14% from the end of October, when both hit their 2022 troughs, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's largely because mortgage rates continue to steadily decline.

Redfin Reports Early-Stage Demand Up Notably From October Trough

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The worst stocks to buy in a bear market are those whose financials can't withstand long periods of uncertainty. As we look ahead to 2023, equity investors hoping for better returns may be in for a tough year.

The 7 Worst Stocks to Buy in a Bear Market

GoPro

These two companies could benefit from falling inflationary pressures.

Inflation Is Falling Fast: 2 Top Stocks That Could Win Big in 2023

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) — Only 3.4% of U.S. homeowners who bought in the last two years would be underwater on their mortgage if home values were to fall 4% by the end of 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

Redfin Reports Just 3 in 100 Pandemic Homebuyers Would Fall Underwater With Next Year's Projected 4% Home-Price Decline

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) — The median U.S. asking rent climbed 7.4% year over year to $2,007 in November, the smallest increase in 15 months and the sixth-consecutive month in which annual rent growth slowed, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. By comparison, rents were up twice as much in the summer. November also marked the third-straight month of single-digit rent growth following almost a year of double-digit increases.

Redfin Reports November Asking Rents Post Smallest Annual Increase in 15 Months

Down more than 90%, is the real estate disruptor worth a look?

Is Redfin a Great Stock to Buy Before 2023?

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) —The total number of homes for sale increased 15% year over year during the four weeks ending December 4, the biggest uptick since at least 2015, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

Redfin Reports Supply Posts Record Increase As Homes Linger on the Market

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Zillow

Though the housing sector represented one of the most remarkable developments of the post-coronavirus new normal, the subsequent paradigm shift necessitates a discussion about real estate stocks to sell. To be clear, it's not that this segment suddenly became irrelevant.

7 Real Estate Stocks to Sell While You Still Can

As mortgage rates rise and inflation remains stubborn, there are signs that the housing market is slowing down. Here's what it means for investors.

Is The Housing Market Slowing Down: Redfin 2023 Predictions

This isn't a value stock, but the market might be incorrectly pricing Redfin's long-term potential.

Down 87%, Here's Why Redfin Stock Is Wildly Undervalued Heading Into 2023

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) — Mortgage rates will take center stage in 2023, with high rates likely to make it the slowest housing-market year since 2011, according to annual end-of-year predictions from Redfin (redfin.com), the technology-powered real estate brokerage.

Redfin's 2023 Housing Outlook: A Post-Pandemic Sales Slump Will Push Home Prices Down For the First Time in a Decade

Redfin announced Monday that it added the zoning data of more than 70 million homes on its platform, becoming the first real estate site to offer such information.

Redfin launches new feature that shows zoning data on home detail pages

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) — Redfin (www.redfin.com), the technology-powered real estate brokerage, today added zoning and land use information to more than 70 million home description pages on its website. Powered by a partnership with Zoneomics, Redfin is the first real estate site to provide users with a detailed view that educates them on the implications of their local zoning guidelines for almost any home in the U.S. and Canada.

Redfin Adds Zoning Data for More Than 70 Million Homes

Shares of Redfin have plummeted more than 85% this year, owing largely to the cooldown in the real estate market. Skyrocketing interest rates on top of a weakening labor market have dramatically impacted transactions in the second half of the year.

Redfin: There's Salvage Value Here

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Although commitment through astounding odds stirs the soul, when it comes to stocks that are screaming sells, investors must consider the stone-cold fundamentals. To be clear, this list isn't about bashing particular securities for the heck of it.

7 Stocks That Are Screaming Sells Heading Into 2023

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) — A record 2% of U.S. homes for sale were delisted each week on average during the 12 weeks ending Nov. 20, compared with 1.6% one year earlier, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That share has come down a touch since then, declining to 1.9% during the 12 weeks ending Nov. 27, which include the Thanksgiving holiday.

Home Delistings Hit Record High in November as Buyers and Sellers Retreated

SEATTLE--( BUSINESS WIRE )--(NASDAQ: RDFN) —Homebuying demand has started ticking up as mortgage rates continue their steady decline, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

News for Redfin Stock (RDFN)