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Real Estate - Real Estate - Services - NASDAQ - US
$ 8.37
-3.9 %
$ 1.04 B
Market Cap
-6.59
P/E
INCOME STATEMENT
977 M REVENUE
-57.25%
-210 M OPERATING INCOME
34.92%
-130 M NET INCOME
59.51%
EFFICIENCY
Earnings Waterfall Redfin Corporation
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Revenue 977 M
Cost Of Revenue 647 M
Gross Profit 330 M
Operating Expenses 540 M
Operating Income -210 M
Other Expenses -80.1 M
Net Income -130 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014
REVENUE
Revenue 976.7 2 284.4 1 922.8 886.1 779.8 486.9 370.0 267.2 187.3 125.4
GROSS PROFIT
Cost Of Revenue 646.9 1 998.4 1 518.9 654.0 635.7 367.5 258.2 184.5 138.5 93.3
Gross Profit 329.8 286.1 403.8 232.1 144.1 119.4 111.8 82.7 48.8 32.1
OPERATING INCOME
Operating Expenses 539.9 608.9 513.8 231.3 223.3 163.4 127.8 105.5 79.1 57.2
Selling, General and Administrative Expenses 356.7 412.7 357.1 147.0 153.6 109.6 85.3 70.9 51.3 39.3
Research and Development Expenses 183.3 196.2 156.7 84.3 69.8 53.8 42.5 34.6 27.8 17.9
Operating Income (210.1) (322.9) (110.0) 0.8 (79.2) (43.9) (16.0) (22.8) (30.3) (25.1)
PRE-TAX INCOME
Interest Income Expense 9.5 17.7 11.8 19.5 8.9 3.7 0 0 0 0
Total Other Income 84.7 16.4 (13.8) (19.3) (1.6) 2.0 1.0 0.3 53 K 47 K
Pre-Tax Income (125.4) (321.0) (115.7) (18.5) (80.8) (42.0) (15.0) (22.5) (30.2) (25.0)
NET INCOME
Tax Provision 1.0 0.1 (6.1) 17.6 9.2 5.3 (0.9) (0.2) 46 K 23 K
Net Income (130.0) (321.1) (109.6) (36.1) (90.0) (42.0) (15.0) (22.5) (30.2) (25.0)
EPS 1.16 2.98 1.05 0.37 0.98 0.49 0.35 0.32 0.43 0.36