RDFN Stock Cash Flow Statements

Redfin Quarterly Cash Flow Statements Chart

Quarterly

Annual

Stock-Based Compensation

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

Redfin Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30

operating activities
net income	-92,519,000	-36,365,000	-33,782,000	-27,880,000	-66,774,000	-27,358,000	-60,798,000	-61,946,000	-90,245,000	-78,146,000	-90,806,000	-27,002,000	-18,949,000	-27,878,000	-35,784,000	14,035,000	34,166,000	-6,611,000	-60,117,000	-7,782,000	6,781,000	-12,624,000	-67,180,000	-12,222,000	3,476,000	3,207,000	-36,439,000	-1,799,000	10,559,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	8,309,000	9,428,000	9,485,000	9,457,000	14,398,000	17,133,000	17,013,000	17,469,000	16,298,000	16,327,000	14,813,000	14,603,000	14,285,000	13,677,000	4,341,000	3,983,000	3,716,000	3,558,000	3,307,000	2,864,000	2,557,000	2,172,000	1,637,000	2,342,000	2,221,000	1,899,000	2,003,000	1,850,000	1,787,000
stock-based compensation	15,362,000	17,217,000	18,302,000	18,231,000	17,409,000	17,554,000	19,028,000	16,585,000	18,071,000	16,813,000	16,788,000	15,284,000	13,111,000	13,744,000	12,583,000	11,209,000	11,348,000	7,205,000	7,211,000	8,022,000	7,510,000	5,876,000	6,406,000	5,966,000	5,498,000	4,778,000	4,196,000
contract asset amortization	1,323,000
amortization of debt discount and issuance costs	851,000	836,000	908,000	663,000	709,000	942,000	1,087,000	1,779,000	1,459,000	1,459,000	1,440,000	1,406,000	1,380,000	1,348,000	855,000	6,784,000	1,777,000	1,747,000	1,730,000	1,711,000	1,643,000	1,524,000	1,507,000	1,456,000
non-cash lease expense	2,615,000	2,769,000	2,882,000	3,010,000	3,154,000	4,762,000	4,816,000	4,921,000	4,217,000	3,927,000	3,169,000	3,120,000	3,062,000	2,915,000	2,533,000	2,383,000	2,299,000	2,268,000	2,254,000	2,213,000	1,784,000	1,727,000	1,216,000
net gain on irlcs, forward sales commitments, and loans held for sale	-3,042,000		387,000	1,928,000	-4,124,000						60,000	473,000	104,000
change in fair value of mortgage servicing rights	116,000	-150,000	202,000	-579,000	-365,000	-609,000	1,208,000	671,000	-594,000
gain on extinguishment of convertible senior notes		0	0	-6,314,000	-5,686,000	-20,083,000	-42,270,000
other	4,600,000	96,000	168,000	117,000	263,000	-620,000	-1,174,000	537,000	84,000	880,000	2,290,000	-380,000	-4,016,000	60,000	109,000	344,000	497,000	-201,000	-989,000	-262,000	-301,000
change in assets and liabilities:
accounts receivable	8,999,000	26,241,000	551,000	-20,683,000	-3,245,000	-20,807,000	6,738,000	41,463,000	-10,261,000	-24,103,000	17,312,000	22,338,000	-7,175,000	-29,615,000	7,303,000	-13,634,000	-6,903,000	-12,361,000	-2,598,000
prepaid expenses and other assets	-1,620,000	1,912,000	-12,241,000	6,818,000	-4,718,000	7,758,000	1,110,000	-3,183,000	131,000	-870,000	-1,982,000	-2,716,000	-2,395,000	-3,778,000	-3,359,000	-2,835,000	-278,000	2,037,000	3,409,000	-3,457,000	-1,312,000
accounts payable	3,263,000	2,569,000	2,667,000	-4,297,000	5,432,000	4,487,000	-1,675,000	-597,000	-7,839,000	-3,912,000	9,876,000	2,443,000	-15,150,000	9,819,000	5,947,000	1,235,000	-189,000	526,000	514,000	-973,000	-771,000	-13,498,000	14,848,000	-85,000	-1,232,000	905,000	1,029,000	-1,479,000	326,000
accrued and other liabilities and deferred tax liabilities	14,537,000
deferred revenue	97,321,000
lease liabilities	-3,384,000	-3,689,000	-3,877,000	-4,027,000	-4,089,000	-6,171,000	-4,619,000	-6,017,000	-4,393,000	-4,400,000	-3,642,000	-3,624,000	-3,500,000	-3,193,000	-2,951,000	-2,944,000	-2,887,000	-2,788,000	-2,693,000
origination of mortgage servicing rights	-44,000	-85,000	-86,000	-23,000	-61,000	-232,000	-347,000	-366,000	-1,810,000
proceeds from sale of mortgage servicing rights	50,000	33,000	46,000	30,234,000	269,000	399,000	339,000	348,000	540,000
origination of loans held for sale	-774,556,000	-908,474,000	-1,082,051,000	-1,160,819,000	-828,421,000	-1,068,605,000	-854,085,000	-858,343,000	-1,449,722,000	-1,482,191,000	-159,186,000	-241,279,000	-257,429,000	-261,184,000	-227,090,000	-198,157,000	-185,077,000	-161,379,000	-132,697,000	-110,456,000	-131,847,000	-103,485,000	-49,850,000	-29,866,000	-26,908,000	-19,772,000	-9,477,000	-5,253,000	-2,733,000
proceeds from sale of loans originated as held for sale	755,697,000	966,784,000	1,077,909,000	1,119,011,000	821,714,000	1,026,935,000	861,771,000	917,724,000	1,495,099,000	1,417,182,000	170,577,000	248,184,000	266,234,000	253,512,000	225,140,000	198,158,000	185,010,000	163,362,000	111,233,000	110,716,000	139,770,000	89,065,000	39,015,000	30,874,000	24,572,000	17,668,000	9,887,000		2,553,000
net cash from operating activities	37,878,000	63,739,000	-42,118,000	-7,948,000	-45,980,000	-37,819,000	26,704,000	188,980,000	20,011,000	-247,501,000	79,001,000	112,553,000	-200,483,000	-162,873,000	-50,765,000	9,732,000	42,791,000	52,193,000	-43,449,000	25,028,000	10,971,000	-96,452,000	-47,157,000	-15,894,000	5,433,000	-5,749,000	-20,492,000	-5,196,000	10,922,000
capex	-3,234,000	-2,225,000	-2,189,000	-3,237,000	-3,558,000	-3,294,000	-2,919,000	-4,035,000	-5,365,000	-4,689,000	-7,442,000	-6,917,000	-6,995,000	-8,295,000	-5,285,000	-4,295,000	-4,319,000	-2,666,000	-3,406,000	-2,712,000	-3,317,000	-6,353,000	-3,151,000	-2,775,000	-1,483,000	-1,740,000	-2,305,000	-1,614,000	-1,064,000
free cash flows	34,644,000	61,514,000	-44,307,000	-11,185,000	-49,538,000	-41,113,000	23,785,000	184,945,000	14,646,000	-252,190,000	71,559,000	105,636,000	-207,478,000	-171,168,000	-56,050,000	5,437,000	38,472,000	49,527,000	-46,855,000	22,316,000	7,654,000	-102,805,000	-50,308,000	-18,669,000	3,950,000	-7,489,000	-22,797,000	-6,810,000	9,858,000
investing activities
purchases of property and equipment	-3,234,000	-2,225,000	-2,189,000	-3,237,000	-3,558,000	-3,294,000	-2,919,000	-4,035,000	-5,365,000	-4,689,000	-7,442,000	-6,917,000	-6,995,000	-8,295,000	-5,285,000	-4,295,000	-4,319,000	-2,666,000	-3,406,000	-2,712,000	-3,317,000	-6,353,000	-3,151,000	-2,775,000	-1,483,000	-1,740,000	-2,305,000	-1,614,000	-1,064,000
sales of investments		0	0	0	39,225,000	53,085,000	12,014,000	4,599,000	0	7,600,000	5,346,000	0	9,151,000			1,304,000	3,400,000	-28,425,000	31,608,000	10,481,000	905,000
maturities of investments		0	0	0	6,395,000	10,900,000	48,483,000	33,400,000	46,630,000	12,925,000	6,500,000	10,470,000	3,460,000	29,254,000	63,589,000	65,080,000	42,421,000	38,754,000	1,597,000	19,500,000
net cash from investing activities	-3,234,000	-2,225,000	-2,189,000	-3,237,000	42,062,000	41,381,000	22,000	-3,229,000	-21,824,000	-86,093,000	-73,192,000	-13,444,000	-18,784,000	-534,505,000	-9,573,000	-965,000	-4,892,000	-47,794,000	-3,468,000	-2,933,000	-33,263,000	-76,565,000	-3,151,000	-4,775,000	-1,483,000	-1,740,000	-2,305,000	-356,000	-820,000
financing activities
proceeds from the issuance of common stock pursuant to employee equity plans	1,835,000	1,801,000	2,599,000	2,064,000	94,000	5,522,000	143,000	1,849,000	421,000	7,371,000	1,887,000	8,578,000	1,698,000	9,085,000	3,411,000
tax payments related to net share settlements on restricted stock units	-721,000	-710,000	-634,000	-411,000	-529,000	-7,935,000	-3,161,000	-848,000	-2,907,000	-1,148,000	-2,595,000	-5,978,000	-4,558,000	-5,670,000	-10,860,000	-5,865,000	-4,922,000	-2,758,000	-3,307,000	-2,270,000	-1,064,000
borrowings from warehouse credit facilities	783,547,000	928,730,000	1,100,357,000	1,160,636,000	827,186,000	1,067,499,000	852,988,000	857,659,000	1,451,922,000	1,476,298,000	152,386,000	232,458,000	246,285,000	247,868,000	216,382,000	188,995,000	182,392,000	159,581,000	131,310,000	108,457,000	130,229,000	101,343,000	48,557,000	29,036,000	26,255,000	19,286,000	9,265,000	5,143,000	2,671,000
repayments to warehouse credit facilities	-759,963,000	-990,919,000	-1,094,099,000	-1,114,665,000	-822,562,000	-1,024,982,000	-858,214,000	-919,679,000	-1,497,695,000	-1,408,889,000	-163,144,000	-239,240,000	-252,885,000	-242,107,000	-214,747,000	-190,274,000	-182,650,000	-161,602,000	-110,025,000
principal payments under finance lease obligations		0	-10,000	-19,000	-27,000	-13,000	-40,000	-175,000	-266,000	-197,000	-217,000	-229,000	-214,000	-286,000	-67,000
repurchases of convertible senior notes		0	0	-64,428,000	-42,525,000	-74,745,000	-108,274,000
repayment of term loan principal	-625,000	-625,000	-625,000	-625,000	-313,000
net cash from financing activities	24,073,000	-102,350,000	7,569,000	105,349,000	-38,676,000	-34,654,000	-116,558,000	-347,192,000	-2,649,000	93,106,000	-75,359,000	-18,071,000	68,834,000	142,016,000	457,562,000	549,074,000	-10,393,000	125,340,000	30,206,000	6,131,000	-17,717,000	26,127,000	17,342,000	-1,212,000	245,341,000	17,237,000	12,036,000	1,959,000	148,124,000
effect of exchange rate changes on cash, cash equivalents, and restricted cash	-23,000	-26,000	4,000	1,000	-3,000	0	-58,000	-29,000	-23,000	-38,000	-4,000	-3,000
net change in cash, cash equivalents, and restricted cash	58,694,000	-40,862,000	-36,734,000	94,165,000	-42,597,000	-31,092,000	-89,890,000	-161,470,000	-4,485,000	-240,526,000	-69,554,000	81,035,000	-150,436,000	-555,363,000	397,225,000	557,854,000	27,512,000	129,742,000	-16,736,000	28,230,000	-40,019,000	-146,852,000	-32,966,000	-21,881,000	249,291,000
cash, cash equivalents, and restricted cash:
beginning of period	124,972,000	0	0	0	151,000,000	0	242,246,000	0	0	0	718,281,000	0	0	0	945,820,000	0	0	0	247,448,000	0	0	0	439,055,000	0	0	0	212,658,000	3,815,000	0
end of period	183,666,000	-40,862,000	-36,734,000	94,165,000	108,403,000	-31,092,000	152,356,000	-161,470,000	-4,485,000	-240,526,000	648,727,000	81,035,000	-150,436,000	-555,363,000	1,343,045,000	557,854,000	27,512,000	129,742,000	230,712,000	28,230,000	-40,019,000	-146,852,000	406,089,000	-21,881,000	249,291,000	9,748,000	201,897,000	222,000	158,226,000
supplemental disclosure of cash flow information
cash paid for interest	8,553,000	11,182,000	11,522,000	6,339,000	7,078,000	3,761,000	4,609,000	7,220,000	6,306,000	3,204,000	3,377,000	2,053,000	3,501,000	1,065,000	973,000	1,957,000	868,000	551,000	1,582,000	0	1,258,000	0	1,202,000
non-cash transactions
stock-based compensation capitalized in property and equipment	747,000	975,000	1,064,000	998,000	1,265,000	1,070,000	1,134,000	677,000	930,000	919,000	1,134,000	1,314,000	1,028,000	985,000	732,000	634,000	563,000	647,000	504,000	-349,000	-370,000	-291,000	-270,000	-159,000	-119,000	-120,000	-124,000	-74,000	-63,000
leasehold improvements paid directly by lessor	471,000							41,000	0			0	0	0	1,334,000	0				-1,932,000	-854,000	-5,407,000	1,963,000	-1,054,000	0			-718,000	0
recharacterization from intangible assets, net to other current assets and contract asset, noncurrent	49,378,000
impairment costs						0	113,000	223,000								0	643,000	0	1,420,000
net (gain) loss on irlcs, forward sales commitments, and loans held for sale						3,761,000	-8,326,000
inventory						10,644,000	103,588,000	186,958,000	76,287,000	-132,031,000	112,734,000	76,923,000	-186,141,000	-151,632,000	-48,213,000	-24,165,000	-15,556,000	61,212,000	3,941,000	30,870,000	-19,806,000	-47,348,000	-15,612,000	2,467,000
accrued and other liabilities, deferred tax liabilities, and payroll tax liabilities, noncurrent		-17,173,000	-23,588,000	27,205,000	8,155,000	12,291,000	-16,813,000	-22,252,000	-29,731,000	19,971,000	-14,442,000
purchases of investments						-19,310,000	-57,556,000	-37,193,000	-63,089,000	-4,588,000	-77,596,000	-16,997,000	-24,400,000	-37,000,000	-67,877,000	-63,054,000	-46,394,000	-55,457,000	-33,267,000	-30,202,000	-35,751,000
cash paid for acquisition, net of cash, cash equivalents, and restricted cash acquired								0
redemption of convertible preferred stock, net of issuance costs
payment of dividends on convertible preferred stock
borrowings from secured revolving credit facility								13,283,000	226,026,000	169,226,000	156,799,000	193,111,000	201,109,000	159,431,000	71,177,000	32,241,000	17,791,000	27,733,000	11,854,000
repayments to secured revolving credit facility								-215,698,000	-180,150,000	-149,555,000	-219,711,000	-192,957,000	-125,251,000	-84,513,000	-46,275,000	-23,216,000	-10,083,000	-29,418,000	-7,398,000
cash paid for secured revolving credit facility issuance costs								31,000	0	0	-764,000	-42,000	-180,000	0	-305,000
repayments of convertible senior notes
extinguishment of convertible senior notes associated with closing of term loan
payments of debt issuance costs		-260,000	-19,000
proceeds from term loan		0	0
property and equipment additions in accounts payable and accrued liabilities				12,000	11,000	32,000	32,000	71,000	-41,000	-257,000	326,000			-1,335,000	2,348,000	709,000	-519,000	1,041,000	451,000		216,000	750,000	-1,370,000
proceeds from issuance of convertible senior notes, net of issuance costs												0	0	72,838,000	488,691,000
purchases of capped calls related to convertible senior notes												0	0	-8,167,000	-54,480,000
conversions of convertible senior notes
other financing payables
reconciliation of cash, cash equivalents, and restricted cash
cash and cash equivalents							149,940,000	-119,884,000	-20,198,000	-232,758,000	612,680,000
restricted cash							2,416,000	-41,586,000	15,713,000	-7,768,000	36,047,000																		1,746,000
total cash, cash equivalents, and restricted cash							152,356,000	-161,470,000	-4,485,000	-240,526,000	648,727,000
loss on conversions of convertible senior notes
proceeds from the issuance of convertible preferred stock, net of issuance costs																0	0
proceeds from the issuance of common stock, net of issuance costs																0	0
issuance of common stock for repurchases and conversions of convertible senior notes
net income on irlcs, forward sales commitments, and loans held for sale									1,507,000
payments for repurchases and conversions of convertible senior notes												0	-234,000	-39,000	-1,886,000
cash paid for acquisition, net of cash acquired
loss on repurchases and conversions of convertible senior notes
cash paid for acquisition												0	0
property and equipment additions in accounts payable and accrued and other liabilities
accrued liabilities, other payables, deferred tax liabilities, and payroll tax liabilities, noncurrent													-3,904,000
other payables—deposits held in escrow													3,064,000	-6,424,000	6,521,000		-16,959,000	15,372,000	3,684,000
net gain on irlcs, forward sales commitments and loans held for sale															-1,052,000
accrued liabilities, other payables, and payroll tax liabilities, noncurrent															8,873,000
effect of exchange rate changes on cash and cash equivalents															1,000	13,000	6,000	3,000	-25,000	4,000	-10,000
deferred rent																				-111,000	117,000	-74,000	69,000
other payables - deposits held in escrow																				246,000	-10,965,000	7,634,000	3,968,000
accrued liabilities, other payables, and non-current payroll tax liabilities																	14,225,000
proceeds from the issuance of shares resulting from employee equity plans																	4,067,000	6,949,000	4,103,000	5,238,000
principal payments for finance lease obligations																	-29,000	-15,000	-15,000
cash paid for debt issuance costs																	0			-770,000
accrued liabilities and other payables																			20,626,000	-11,535,000	-7,500,000
repayments of warehouse credit facilities																				-109,142,000	-137,669,000	-87,109,000	-38,097,000	-30,094,000	-23,955,000	-17,152,000	-9,924,000	-3,832,000	-2,495,000
proceeds from issuance of convertible notes, net of issuance costs
proceeds from initial public offering, net of underwriting discounts																												0
payment of initial public offering costs																												-109,000
proceeds from follow on offering
conversion of redeemable convertible preferred stock to common stock
accretion of redeemable convertible preferred stock																												0	-40,225,000
accrued revenue																					14,252,000	-22,433,000	-890,000	-2,109,000	5,648,000	-6,809,000	1,241,000	3,000	1,173,000
operating lease liabilities																					-1,906,000	-1,842,000	-1,459,000
adjustments to reconcile net income to net cash from operating activities
change in assets and liabilities
proceeds from the exercise of stock options																						5,233,000	3,732,000
cash, cash equivalents, and restricted cash
other assets																							1,441,000
accrued liabilities																							21,695,000	-6,752,000	3,462,000	233,000	7,248,000
tax payment related to net share settlements on restricted stock units																							-818,000	-721,000	-478,000	-168,000	-59,000
prepaid expenses																								-5,983,000	-2,597,000	1,425,000	3,852,000	-4,141,000	-1,926,000
other current assets																								-1,402,000	894,000	2,191,000	-3,661,000	1,913,000	-3,325,000
other payables																													-1,749,000
deferred lease liability																								-336,000	-330,000	-315,000	-268,000	-252,000	-96,000
sales and maturities of short-term investments
purchases of short-term investments																												1,000	-1,000
proceeds from issuance of convertible senior notes																								0
proceeds from follow-on offering																								0
proceeds from exercise of stock options																											5,946,000	484,000	1,502,000
supplemental disclosure of non-cash investing and financing activities
deferred initial public offering cost accruals
property and equipment additions in accounts payable and accrued expenses																								-57,000	-4,000	34,000	-55,000
operating activities:
other long-term assets																									-171,000	-22,000	-103,000	-21,000	-133,000
accrued expenses																												-3,398,000	32,000
investing activities:
maturities and sales of short-term investments
financing activities:
proceeds from issuance of common stock																									2,920,000
other payables - customer escrow deposits related to title services																									-5,947,000	6,823,000	6,808,000
supplemental disclosure of non-cash investing and financing activities:
initial public offering cost accruals
cash in transit for exercised stock options																									-55,000
inventories
net change in cash and cash equivalents, and restricted cash																											-10,761,000
cash-in-transit for exercised stock options																											-56,000
stock-based compensation.
proceeds from sale of loans held for sale
issuance costs of redeemable convertible preferred stock
proceeds from tender offer
in-substance dividend paid in relation to tender offer
net change in cash and cash equivalents																													158,226,000
cash and cash equivalents:
maturities of short-term investments
payment of deferred initial public offering costs

We provide you with 20 years of cash flow statements for Redfin stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Redfin stock. Explore the full financial landscape of Redfin stock with our expertly curated income statements.

The information provided in this report about Redfin stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.