Redfin Quarterly Income Statements Chart
Quarterly
|
Annual
Redfin Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 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 | 2017-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 221,027,000 | 244,282,000 | 278,015,000 | 295,203,000 | 225,479,000 | 275,556,000 | 124,129,000 | 140,255,000 | 142,642,000 | 79,893,000 | 95,754,000 | 109,479,000 | 104,935,000 | ||||||||||||||||||
| yoy | -1.97% | 0.89% | 29.63% | 28.11% | 35.93% | ||||||||||||||||||||||||||
| qoq | -9.52% | -12.13% | -5.82% | 30.92% | -11.50% | -1.67% | 78.54% | -16.56% | -12.54% | 4.33% | |||||||||||||||||||||
| cost of revenue | 150,393,000 | 162,342,000 | 176,152,000 | 185,617,000 | 154,667,000 | 175,366,000 | 97,920,000 | 97,950,000 | 97,429,000 | 74,197,000 | 66,583,000 | 70,166,000 | 67,975,000 | ||||||||||||||||||
| gross profit | 70,634,000 | 81,940,000 | 101,863,000 | 109,586,000 | 70,812,000 | 100,190,000 | 56,207,000 | 37,436,000 | 58,077,000 | 118,003,000 | 72,538,000 | 108,024,000 | 127,302,000 | 126,136,000 | 42,358,000 | 80,120,000 | 93,072,000 | 46,039,000 | 12,879,000 | 39,625,000 | 53,377,000 | 48,346,000 | 2,753,000 | 26,209,000 | 42,305,000 | 45,213,000 | 5,696,000 | 29,171,000 | 39,313,000 | 36,960,000 | |
| yoy | -0.25% | 1.67% | 94.97% | 89.15% | -15.10% | -22.51% | -65.34% | -54.38% | -6.45% | 71.25% | 34.83% | 36.78% | 173.98% | 228.89% | 102.20% | 74.37% | -4.77% | 367.82% | 51.19% | 26.17% | 6.93% | -51.67% | -10.15% | 7.61% | 22.33% | ||||||
| qoq | -13.80% | -19.56% | -7.05% | 54.76% | 78.25% | 50.14% | -35.54% | -50.78% | 62.68% | -32.85% | -15.14% | 0.92% | 197.79% | -47.13% | -13.92% | 102.16% | 257.47% | -67.50% | -25.76% | 10.41% | 1656.12% | -89.50% | -38.05% | -6.43% | 693.77% | -80.47% | -25.80% | 6.37% | |||
| gross margin % | 31.96% | 33.54% | 36.64% | 37.12% | 31.41% | 36.36% | 21.11% | 30.16% | 31.70% | 7.13% | 30.46% | 35.91% | 35.22% | ||||||||||||||||||
| operating expenses | |||||||||||||||||||||||||||||||
| technology and development | 39,486,000 | 34,951,000 | 40,332,000 | 42,215,000 | 46,429,000 | 47,141,000 | 48,192,000 | 47,041,000 | 48,063,000 | 51,506,000 | 49,640,000 | 43,894,000 | 43,658,000 | 41,488,000 | 27,678,000 | 23,610,000 | 22,452,000 | 17,961,000 | 20,274,000 | 19,344,000 | 18,801,000 | 16,063,000 | 15,556,000 | 13,692,000 | 14,310,000 | 13,033,000 | 12,762,000 | 11,287,000 | 11,483,000 | 10,090,000 | |
| marketing | 39,265,000 | 22,157,000 | 27,186,000 | 40,260,000 | 24,878,000 | 33,033,000 | 40,908,000 | 24,239,000 | 33,748,000 | 56,743,000 | 43,342,000 | 22,397,000 | 49,143,000 | 55,398,000 | 11,802,000 | 7,270,000 | 12,421,000 | 9,482,000 | 25,708,000 | 8,099,000 | 8,361,000 | 27,050,000 | 33,201,000 | 8,055,000 | 8,236,000 | 14,435,000 | 13,336,000 | 6,072,000 | 5,588,000 | 10,132,000 | |
| general and administrative | 56,467,000 | 53,998,000 | 58,788,000 | 54,705,000 | 67,873,000 | 61,765,000 | 69,962,000 | 62,889,000 | 61,005,000 | 71,733,000 | 58,966,000 | 66,963,000 | 54,395,000 | 59,567,000 | 37,391,000 | 23,601,000 | 21,190,000 | 23,022,000 | 24,327,000 | 18,993,000 | 18,779,000 | 17,654,000 | 21,448,000 | 16,968,000 | 16,470,000 | 15,288,000 | 16,772,000 | 14,181,000 | 11,995,000 | 12,466,000 | |
| restructuring and reorganization | 20,930,000 | 952,000 | 2,509,000 | 1,334,000 | 889,000 | 6,106,000 | 1,053,000 | 21,799,000 | 284,000 | 12,677,000 | 5,710,000 | ||||||||||||||||||||
| total operating expenses | 156,148,000 | 112,058,000 | 128,815,000 | 138,514,000 | 140,069,000 | 148,045,000 | 160,115,000 | 155,968,000 | 143,100,000 | 192,659,000 | 157,658,000 | 133,254,000 | 147,196,000 | 156,453,000 | 76,871,000 | 54,481,000 | 56,063,000 | 50,465,000 | 70,309,000 | 46,436,000 | 45,941,000 | 60,767,000 | 70,205,000 | 38,715,000 | 39,016,000 | 42,756,000 | 42,870,000 | 31,540,000 | 29,066,000 | 32,688,000 | |
| income from operations | -85,514,000 | -103,908,000 | -118,532,000 | -85,023,000 | -74,656,000 | -85,120,000 | -25,230,000 | -19,894,000 | -30,317,000 | -34,513,000 | 25,639,000 | 37,009,000 | -4,426,000 | -57,430,000 | -6,811,000 | 7,436,000 | -12,421,000 | -67,452,000 | -12,506,000 | 3,289,000 | 2,457,000 | -37,174,000 | -2,369,000 | 10,247,000 | 4,272,000 | ||||||
| yoy | 22.07% | 369.81% | 327.38% | 146.25% | 146.63% | -198.40% | -153.75% | 584.98% | -39.90% | -476.44% | 397.70% | -64.37% | -14.86% | -45.54% | 126.09% | -605.54% | 81.45% | 427.90% | -67.90% | -42.49% | |||||||||||
| qoq | -12.34% | 39.41% | 13.89% | -12.29% | 237.38% | 26.82% | -34.38% | -12.16% | -234.61% | -30.72% | -936.17% | -92.29% | 743.19% | -191.59% | -159.87% | -81.59% | 439.36% | -480.24% | 33.86% | -106.61% | 1469.19% | -123.12% | 139.86% | ||||||||
| operating margin % | -38.69% | 0% | 0% | 0% | 0% | 0% | -10.08% | 2.35% | 1.72% | -46.53% | -2.47% | 9.36% | 4.07% | ||||||||||||||||||
| interest income | 1,119,000 | 1,216,000 | 1,839,000 | 1,461,000 | 1,832,000 | 2,704,000 | 3,406,000 | 4,691,000 | 1,174,000 | 554,000 | 220,000 | 163,000 | 178,000 | 135,000 | 159,000 | 215,000 | 319,000 | 437,000 | 1,103,000 | 1,342,000 | 1,576,000 | 1,913,000 | 2,316,000 | 2,334,000 | 1,775,000 | 729,000 | 577,000 | 495,000 | 311,000 | 32,000 | |
| interest expense | -7,784,000 | -8,283,000 | -8,537,000 | -6,086,000 | -4,874,000 | -1,766,000 | -1,922,000 | -4,904,000 | -5,359,000 | -3,620,000 | -3,861,000 | -3,940,000 | -3,672,000 | -2,813,000 | -1,338,000 | -11,864,000 | -2,522,000 | -2,665,000 | -2,444,000 | -2,364,000 | -2,274,000 | -2,153,000 | -2,136,000 | -2,071,000 | -1,610,000 | ||||||
| income tax benefit | -255,000 | 172,000 | 299,000 | -132,000 | -159,000 | 744,000 | 311,000 | 5,052,000 | |||||||||||||||||||||||
| gain on extinguishment of convertible senior notes | 6,314,000 | 5,686,000 | 20,083,000 | 42,270,000 | |||||||||||||||||||||||||||
| other income | -85,000 | -85,000 | -144,000 | -82,000 | -333,000 | -145,000 | -234,000 | -693,000 | -905,000 | -265,000 | -1,911,000 | 1,261,000 | 4,128,000 | 65,000 | -92,000 | 45,000 | -640,000 | 43,000 | -1,346,000 | 51,000 | 44,000 | 36,000 | 92,000 | 21,000 | 21,000 | 21,000 | 158,000 | 75,000 | |||
| 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 | 6,782,000 | -12,625,000 | -67,180,000 | -12,222,000 | 3,475,000 | 3,207,000 | -36,439,000 | -1,799,000 | 10,558,000 | 4,304,000 | |
| yoy | 38.56% | 23.48% | -54.14% | 7.79% | -64.99% | -33.05% | 129.41% | 376.25% | 180.31% | 153.76% | -292.39% | -155.46% | 321.69% | -40.48% | -280.35% | 403.77% | -47.64% | -10.51% | -36.33% | 95.17% | -493.67% | 84.36% | 579.38% | -67.09% | -25.49% | ||||||
| qoq | 154.42% | 7.65% | 21.17% | -58.25% | -55.00% | -1.85% | -31.36% | 15.48% | -13.94% | 236.29% | 42.50% | -32.03% | -22.09% | -354.96% | -58.92% | -616.81% | -89.00% | 672.51% | -214.74% | -153.72% | -81.21% | 449.66% | -451.71% | 8.36% | -108.80% | 1925.51% | -117.04% | 145.31% | |||
| net income margin % | -41.86% | -14.89% | -12.15% | -9.44% | -29.61% | -9.93% | -9.85% | 2.48% | 2.25% | -45.61% | -1.88% | 9.64% | 4.10% | ||||||||||||||||||
| dividends on convertible preferred stock | -367,000 | -282,000 | -191,000 | -233,000 | -297,000 | -226,000 | -350,000 | -793,000 | -1,394,000 | -1,662,000 | -1,878,000 | -2,336,000 | |||||||||||||||||||
| net income attributable to common stock—basic and diluted | -92,519,000 | -36,732,000 | -34,064,000 | -28,071,000 | -67,007,000 | -27,655 | -61,024,000 | -62,090,000 | -90,517,000 | -78,496,000 | -91,599,000 | -28,396,000 | -20,611,000 | -29,756,000 | -38,120,000 | 12,395,000 | 31,983,000 | -7,895,000 | -36,439,000 | ||||||||||||
| net income per share | -0.73 | -0.55 | -0.57 | -0.83 | -0.73 | -0.86 | -0.27 | -0.2 | -0.29 | -0.37 | 0.13 | 0.32 | -0.08 | -0.64 | -0.08 | 0.07 | -0.14 | -0.74 | -0.14 | 0.04 | 0.04 | -0.44 | 1.9 | -0.5 | -7.15 | ||||||
| weighted-average shares to compute net income per share attributable to common stock—basic and diluted | 127,168,402 | 122,876,102 | 120,393,897 | 118,364,267 | 111,678,417 | 110,103,598 | 108,618,491 | 107,396,575 | 106,664,140 | 104,391,337 | 103,427,764 | ||||||||||||||||||||
| other comprehensive income | |||||||||||||||||||||||||||||||
| foreign currency translation adjustments | -23 | -26 | 4 | 1 | -3 | 58 | 29 | 27 | 34 | 4 | 3 | 3 | 13 | 6 | 3 | -25 | 5 | -10 | 37 | 1 | |||||||||||
| unrealized gain on available-for-sale debt securities | 10 | 40 | -17 | -424 | 203 | 34 | 217 | 561 | 40.25 | 27 | 84 | ||||||||||||||||||||
| comprehensive loss | -92,542 | -36,391 | -33,778 | -27,879 | -66,737 | -27,375 | -61,164 | -62,196 | -90,184 | -77,895 | -90,241 | -27,794 | -35,834 | ||||||||||||||||||
| income from continuing operations | -30,118,000 | -26,952,000 | -28,928,000 | -69,257,000 | -47,855,000 | ||||||||||||||||||||||||||
| income tax expense | -93,750 | 12,000 | -559,000 | -233,000 | -410,000 | -134,000 | |||||||||||||||||||||||||
| net income from continuing operations | -36,365,000 | -33,782,000 | -27,880,000 | -66,774,000 | -27,212,000 | ||||||||||||||||||||||||||
| net income from discontinued operations | -146,000 | ||||||||||||||||||||||||||||||
| net income from continuing operations attributable to common stock—basic and diluted | -36,732,000 | -34,064,000 | -28,071,000 | -67,007,000 | -27,509,000 | ||||||||||||||||||||||||||
| net income from continuing operations per share attributable to common stock—basic and diluted | -0.29 | -0.28 | -0.23 | -0.57 | -0.25 | ||||||||||||||||||||||||||
| net income attributable to common stock per share—basic and diluted | -0.268 | -0.28 | -0.23 | -0.57 | -0.25 | ||||||||||||||||||||||||||
| service | 212,934,000 | 219,121,000 | 300,854,000 | 344,309,000 | 217,593,000 | 265,992,000 | 301,657,000 | 298,870,000 | 175,593,000 | 204,452,000 | 217,280,000 | 141,135,000 | 111,478,000 | 134,128,000 | 158,519,000 | 157,872,000 | 88,768,000 | ||||||||||||||
| product | 112,727,000 | 260,543,000 | 299,663,000 | 262,606,000 | 379,753,000 | 377,065,000 | 238,417,000 | 172,445,000 | 92,726,000 | 40,065,000 | 19,636,000 | 72,530,000 | 79,517,000 | 99,063,000 | 80,164,000 | 39,908,000 | 21,373,000 | ||||||||||||||
| total revenue | 325,661,000 | 479,664,000 | 600,517,000 | 606,915,000 | 597,346,000 | 643,057,000 | 540,074,000 | 471,315,000 | 268,319,000 | 244,517,000 | 236,916,000 | 213,665,000 | 190,995,000 | 233,191,000 | 238,683,000 | 197,780,000 | 110,141,000 | ||||||||||||||
| total cost of revenue | 269,454,000 | 442,228,000 | 542,440,000 | 488,912,000 | 524,808,000 | 535,033,000 | 412,772,000 | 345,179,000 | 225,961,000 | 164,397,000 | 143,844,000 | 167,626,000 | 178,116,000 | 193,566,000 | 185,306,000 | 149,434,000 | 107,388,000 | ||||||||||||||
| non-cash dividends on convertible preferred stock | -354,000 | -272,000 | |||||||||||||||||||||||||||||
| undistributed earnings attributable to participating securities | -653,000 | ||||||||||||||||||||||||||||||
| weighted-average shares to compute net income per share attributable to common stock—basic | 105,144,872 | ||||||||||||||||||||||||||||||
| weighted-average shares to compute net income per share attributable to common stock—diluted | 105,144,872 | ||||||||||||||||||||||||||||||
| comprehensive income | -20,611.75 | -18,919 | |||||||||||||||||||||||||||||
| unrealized gain on available-for-sale securities | -50 | -110 | -139 | -137 | 559 | 6 | |||||||||||||||||||||||||
| dividend on convertible preferred stock | -703,500 | -1,530,000 | -1,284,000 | ||||||||||||||||||||||||||||
| weighted-average shares of common stock—basic | 99,840,144 | ||||||||||||||||||||||||||||||
| weighted-average shares of common stock—diluted | 107,607,711 | ||||||||||||||||||||||||||||||
| total comprehensive income | -8,074 | 34,033 | -18,249.25 | 6,764 | -12,582 | ||||||||||||||||||||||||||
| weighted-average shares of common stock—basic and diluted | 98,785,318 | 93,442,706 | 91,583,533 | ||||||||||||||||||||||||||||
| total comprehensive loss | -6,745 | -59,583 | -67,179 | ||||||||||||||||||||||||||||
| weighted-average shares - basic | 91,994,731 | 91,216,886 | 87,743,223 | 83,164,670 | |||||||||||||||||||||||||||
| weighted-average shares - diluted | 97,171,270 | 91,216,886 | 94,642,463 | 90,743,178 | |||||||||||||||||||||||||||
| other comprehensive income: | |||||||||||||||||||||||||||||||
| unrealized loss on available-for-sale securities | -0.5 | -8 | |||||||||||||||||||||||||||||
| weighted-average shares - basic and diluted | 90,610,416 | ||||||||||||||||||||||||||||||
| operating expenses: | |||||||||||||||||||||||||||||||
| accretion of redeemable convertible preferred stock | -40,224,000 | -110,921,000 | |||||||||||||||||||||||||||||
| net income attributable to common stock - basic and diluted | -7,439,000 | 3,475,000 | 3,207,000 | ||||||||||||||||||||||||||||
| interest income and other income, net: | |||||||||||||||||||||||||||||||
| total interest income and other income | 750,000 | 735,000 | 570,000 | 311,000 | 32,000 | ||||||||||||||||||||||||||
| weighted-average shares used for eps calculation | 121,677,971 | 113,152,752 | 107,927,464 | 104,683,460 | 98,574,529 | 85,669,039 | 82,010,913 | 42,722,114 | 58,868,903 | 14,913,234 | |||||||||||||||||||||
| net income attributable to common stock—basic | -47,279,500 | -29,666,000 | -106,617,000 | ||||||||||||||||||||||||||||
| net income attributable to common stock—diluted | -47,279,500 | -29,666,000 | -106,617,000 | ||||||||||||||||||||||||||||
| pro forma net income per share attributable to common stock—basic and diluted | 0.06 | ||||||||||||||||||||||||||||||
| pro forma weighted-average shares used to compute net income per share attributable to common stock—basic and diluted | 70,335,236 |
We provide you with 20 years income 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 earnings, sales and marketing expenses, research and development costs, profits, 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.