See more : eQ Oyj (0DK7.L) Income Statement Analysis – Financial Results
Complete financial analysis of Redfin Corporation (RDFN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Redfin Corporation, a leading company in the Real Estate – Services industry within the Real Estate sector.
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Redfin Corporation (RDFN)
About Redfin Corporation
Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; originates and sells mortgages; and buys and sells homes. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 976.67M | 2.28B | 1.92B | 886.09M | 779.80M | 486.92M | 370.04M | 267.20M | 187.34M | 125.36M |
| Cost of Revenue | 646.85M | 2.00B | 1.52B | 653.98M | 635.69M | 367.50M | 258.22M | 184.45M | 138.49M | 93.27M |
| Gross Profit | 329.82M | 286.05M | 403.82M | 232.11M | 144.10M | 119.42M | 111.82M | 82.74M | 48.85M | 32.09M |
| Gross Profit Ratio | 33.77% | 12.52% | 21.00% | 26.19% | 18.48% | 24.53% | 30.22% | 30.97% | 26.07% | 25.60% |
| Research & Development | 183.29M | 196.25M | 156.72M | 84.30M | 69.77M | 53.80M | 42.53M | 34.59M | 27.84M | 17.88M |
| General & Administrative | 238.79M | 254.59M | 218.32M | 92.14M | 76.87M | 65.50M | 53.01M | 42.37M | 31.39M | 24.24M |
| Selling & Marketing | 117.86M | 158.07M | 138.74M | 54.88M | 76.71M | 44.06M | 32.25M | 28.57M | 19.90M | 15.06M |
| SG&A | 356.65M | 412.66M | 357.06M | 147.02M | 153.58M | 109.56M | 85.26M | 70.94M | 51.29M | 39.30M |
| Other Expenses | 0.00 | -3.77M | 5.36M | -1.90M | 223.00K | 221.00K | 88.00K | 85.00K | 7.00K | 24.00K |
| Operating Expenses | 539.94M | 608.91M | 513.77M | 231.32M | 223.35M | 163.36M | 127.79M | 105.53M | 79.14M | 57.17M |
| Cost & Expenses | 1.19B | 2.61B | 2.03B | 885.30M | 859.04M | 530.85M | 386.01M | 289.98M | 217.63M | 150.45M |
| Interest Income | 10.53M | 6.64M | 635.00K | 2.07M | 7.15M | 5.42M | 882.00K | 173.00K | 46.00K | 23.00K |
| Interest Expense | 9.52M | 17.75M | 11.76M | 19.50M | 8.93M | 3.68M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 62.76M | 1.37B | 2.02B | 877.44M | 859.04M | 534.53M | 386.01M | 289.98M | 4.40M | 2.67M |
| EBITDA | -53.04M | -175.89M | -42.93M | 21.87M | -62.65M | -35.47M | -8.80M | -16.49M | -25.89M | -22.41M |
| EBITDA Ratio | -5.43% | -11.17% | -2.97% | 1.75% | -8.03% | -6.13% | -2.38% | -6.17% | -13.82% | -17.88% |
| Operating Income | -210.12M | -322.86M | -109.95M | 792.00K | -79.25M | -43.93M | -15.97M | -22.78M | -30.29M | -25.08M |
| Operating Income Ratio | -21.51% | -14.13% | -5.72% | 0.09% | -10.16% | -9.02% | -4.32% | -8.53% | -16.17% | -20.01% |
| Total Other Income/Expenses | 84.71M | 16.39M | -13.78M | -19.32M | -1.56M | 1.96M | 970.00K | 258.00K | 53.00K | 47.00K |
| Income Before Tax | -125.41M | -321.02M | -115.72M | -18.53M | -80.81M | -41.98M | -15.00M | -22.53M | -30.24M | -25.04M |
| Income Before Tax Ratio | -12.84% | -14.05% | -6.02% | -2.09% | -10.36% | -8.62% | -4.05% | -8.43% | -16.14% | -19.97% |
| Income Tax Expense | 979.00K | 126.00K | -6.11M | 17.60M | 9.15M | 5.33M | -882.00K | -173.00K | -46.00K | -23.00K |
| Net Income | -130.03M | -321.14M | -109.61M | -36.12M | -89.96M | -41.98M | -15.00M | -22.53M | -30.24M | -25.04M |
| Net Income Ratio | -13.31% | -14.06% | -5.70% | -4.08% | -11.54% | -8.62% | -4.05% | -8.43% | -16.14% | -19.97% |
| EPS | -1.16 | -2.98 | -1.05 | -0.37 | -0.98 | -0.49 | -0.35 | -0.32 | -0.43 | -0.36 |
| EPS Diluted | -1.16 | -2.98 | -1.05 | -0.37 | -0.98 | -0.49 | -0.35 | -0.32 | -0.43 | -0.36 |
| Weighted Avg Shares Out | 113.15M | 107.93M | 104.68M | 98.57M | 91.58M | 85.67M | 42.72M | 70.19M | 70.19M | 69.82M |
| Weighted Avg Shares Out (Dil) | 113.15M | 107.93M | 104.68M | 98.57M | 91.58M | 85.67M | 42.72M | 70.19M | 70.19M | 69.82M |
Deck the Halls with Redfin Redesign
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Decking the halls just got a lot easier with a little help from Redfin Redesign. Home buyers and homeowners alike can now use Redfin's AI-powered home design tool to transform home images with holiday decor inspiration....
Redfin Reports More Buyers Are Touring Houses, Applying For Mortgages As We Enter 2024's Home Stretch
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Redfin's Homebuyer Demand Index is sitting near its highest level since September 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin's Homebuyer Demand Index—a seasonally adjusted measure of tours and...
Redfin Reports Pending Home Sales Rise After Post-Election Surge in Home Tours
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. pending home sales rose 12.1% year over year during the four weeks ending November 24, the biggest increase since May 2021. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage....
Rents likely to come down in 2025, says Redfin CEO Glenn Kelman
Glenn Kelman, Redfin CEO, joins 'Money Movers' to discuss home sales and the state of the housing market.
More Than 1 in 5 Renters Say Their Entire Paycheck Goes to Rent: Redfin Survey
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Just over one in five (22%) U.S. renters say all of their regular income goes directly to paying their rent, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage. Working a second...
Redfin Reports Investor Home Purchases Plateau After a Pandemic-Era Rollercoaster Ride
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Real estate investors purchased 2.3% fewer homes in the third quarter than they did a year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The small size of the change...
Redfin Reports Early-Stage Homebuying Demand Jumps to Its Highest Level in 15 Months Despite High Mortgage Rates
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Homebuyers are jumping into the market now that the election has passed and the Fed has cut interest rates for the second time in a row. That's according to a new report from Redfin (redfin.com), the...
Redfin Survey: 18% of Home Hunters Say Safety/Crime is a Reason They're Moving, 14% Cite Climate Risks
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nearly one in seven (13.7%) home hunters say a concern for natural disasters or climate risks in their area is a reason they are likely to move in the next year, according to a new report...
Homes With Low Natural Disaster Risk Are Rising in Value Faster Than Homes With High Risk for the First Time in Over a Decade
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — For the first time since 2010, homes facing low risk from natural disasters are rising in value faster than homes facing high risk, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage....
Redfin Reports Home Sales Sink Across Florida Amid Hurricane Recovery, Surging HOA and Insurance Costs
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Florida is home to the five U.S. metropolitan areas where pending home sales are falling fastest, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In Fort Lauderdale, pending sales dropped...
Source: https://incomestatements.info
Category: Stock Reports