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 2021

Earnings data Q1 2022

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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.

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Although real estate experts suggest higher prices are here to stay for 2022, housing stocks suggest something far different. The post 7 Housing Stocks to Watch as Investors Question the Bull Thesis appeared first on InvestorPlace.

7 Housing Stocks to Watch as Investors Question the Bull Thesis

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These small-ish companies look like deals given their expected growth rates.

3 Top Mid-Cap Stocks That Are Wildly Undervalued Right Now

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — More than three-quarters (77%) of homebuyers and sellers believe there's a housing price bubble in the area where they live, according to a survey in a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Meanwhile, 44% of real estate agents believe there's a housing bubble in the market where they work. The former is from a Redfin-commissioned survey of 1,500 U.S. residents who are planning to buy or sell a home in the ne

Are We in a Housing Bubble? Homebuyers Say Yes, Redfin Expert Says No

The average monthly mortgage payment in the U.S. in December soared 21.6% from a year ago, the biggest increase since real-estate services company Redfin Corp. RDFN, -1.53% has been keeping records, and are expected to keep rising this year, Redfin said Friday. And monthly average rents in December jumped 14.1% to $1,877, also the biggest increase on record.

Mortgage payments, rents see biggest jumps in Redfin's records in December

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Average monthly listed rents in the U.S. increased 14.1% year over year to $1,877 in December, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. This was the largest annual jump since at least February 2019—the earliest month in Redfin's rental data. Meanwhile, the national monthly mortgage payment for homebuyers climbed 21.6% year over year, also the biggest increase in Redfin's records. “The growth in m

Rents Rise 14% in December—Biggest Jump in Over Two Years

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — New listings fell 12% year over year, sending the total number of homes for sale down 29% to a new all-time low during the four weeks ending January 16, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Constricted by supply, pending sales were up just 1%. One ray of hope for buyers is new construction—housing starts and building permits increased to a nine-month high in December. “2022 started off more c

Redfin Reports 2022 Kicks Off Hotter Than Last Year

SEATTLE--(BUSINESS WIRE)--Redfin reports roughly half of homebuyers and sellers have spent at least $1,000 to protect their homes against climate risks

Redfin Survey: 1 in 10 Homebuyers and Sellers Say Climate Risk is Main Reason For Move

SEATTLE--(BUSINESS WIRE)--Many homebuyers are writing upwards of five offers before finding success as ongoing housing shortage and low mortgage rates fuel bidding wars

Redfin Reports 3 in 5 Home Offers Faced Bidding Wars in December, Even Amid Holiday Slowdown

SEATTLE--(BUSINESS WIRE)--Redfin reports housing supply fell to a new low in December, fueling a 3.6% month-over-month drop in home sales

CORRECTING and REPLACING Redfin Reports Home Sales Posted Largest Monthly Decline Since Pandemic Onset

Redfin Reports Home Sales Posted Largest Monthly Decline Since Pandemic Onset

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median home sale price surged 16% year over year to an all-time high of $365,000 during the week ending January 9, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Prices keep climbing because the supply drought keeps deepening while demand increases. The number of homes for sale fell to a new low as listings hit the market at a slower rate than they did early last year. Yet homebuyer activity—as mea

Home Prices Start New Year at New High

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The Seattle-headquartered real estate brokerage Redfin (NASDAQ: RDFN) has acquired Bay Equity Home Loans, a national, full-service mortgage lender, for $135 million in cash and stock. What Happened: Founded in 2007 and headquartered in Corte Madera, California, Bay Equity operates in 42 states and employs approximately 1,200 people.

Real Estate Brokerage Redfin Acquires Bay Equity Home Loans For $135M: What You Need To Know

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Seattle real estate giant Redfin announced that it will pay an estimated $135 million in cash and stock to purchase Bay Equity Home Loans, a Bay Area-based mortgage lender that is active in 42 states and employs 1,200 people.

Redfin will buy Bay Equity Home Loans for $135M in bid to boost mortgage business

Redfin Corp. said late Tuesday it has agreed to buy mortgage lender Bay Equity Home Loans for $135 million in cash and stock. The San Francisco Bay Area lender is licensed in 42 states and employs about 1,200 people, Redfin said.

Redfin to buy Bay Area mortgage lender for $135 million

Redfin has entered into an agreement to acquire Bay Equity Home Loans, a national, full-service mortgage lender. Under the terms of the merger agreement, the purchase price is estimated to be $135 million in cash and stock.

Redfin to Acquire Bay Equity Home Loans

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Almost half (47%) of house hunters say they would feel more urgency to buy a home if mortgage rates rose above 3.5%, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. A lower share (29%) would look for homes in different areas or consider smaller houses, while 14% would slow their search in hopes of rates coming down again. Meanwhile, 7% of respondents wouldn't change their plans at all. Just 2% said they

Nearly Half of House Hunters Would Feel More Urgency to Buy If Mortgage Rates Passed 3.5%: Redfin Survey

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The housing market started off the new year with fewer homes for sale than ever before as active listings fell 27% from a year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The number of newly-listed homes for sale fell 10%, but anecdotes from Redfin agents suggest that listings may soon begin to pick up. “We're kicking off yet another year with a whole lot of buyers whose home search has bee

Redfin Reports Homebuyers Face Record Supply Shortage Heading into 2022

SEATTLE--(BUSINESS WIRE)--Redfin reports demand for vacation homes was up 77% from pre-pandemic levels in December.

Demand for Vacation Homes Up 77% From Pre-Pandemic in December

The value of the U.S. real estate market could top $40 trillion by the end of 2021, and that's a big opportunity for Redfin.

Home Prices Soar: 1 Growth Stock That Could Win Big

SEATTLE, Dec. 30, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price rose 14.6% year over year to a new all-time high of $361,171 during the four-week period ending December 26, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. This comes as the number of homes for sale fell to a record low.

Redfin Reports Home Prices Rise to New Record High

SEATTLE, Dec. 29, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Seventy-three percent of homebuyers and sellers say inflation is influencing their future buying or selling plans, according to a new report  from Redfin ( redfin.com ), the technology-powered real estate brokerage. Responding to a recent Redfin-commissioned survey of Americans who are planning to buy or sell a home in the next 12 months, 29% of respondents said they're delaying homebuying plans due to inflation.

Redfin Survey: Three-Quarters of Homebuyers & Sellers Report Changing Plans Due to Inflation

Home Depot

The U.S. housing market is showing no signs of slowing down, and these housing stocks could be big winners as the rally continues into 2022. The post 3 Housing Stocks to Buy to Bet on a Continued Boom appeared first on InvestorPlace.

News for Redfin Stock (RDFN)