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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
Redfin Corporation's Income Statement
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$886.09 M | $1.92 B | $2.28 B | $976.67 M | $1.04 B |
| Cost of Revenue |
|
$653.98 M | $1.52 B | $2.00 B | $646.85 M | $678.78 M |
| Gross Profit |
|
$232.11 M | $403.82 M | $286.05 M | $329.82 M | $364.20 M |
| Research & Development |
|
$84.30 M | $156.72 M | $196.25 M | $183.29 M | $163.93 M |
| Selling,General & Administrative |
|
$147.02 M | $357.06 M | $412.66 M | $356.65 M | $349.85 M |
| Operating Expense |
|
$231.32 M | $513.77 M | $608.91 M | $539.94 M | $519.46 M |
| Operating Income |
|
$792.00 K | -$109.95 M | -$322.86 M | -$210.12 M | -$155.26 M |
| Net Income |
|
-$36.12 M | -$109.61 M | -$321.14 M | -$130.03 M | -$164.80 M |
Redfin Corporation's Balance Sheet
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$1.06 B | $624.74 M | $362.10 M | $191.71 M | $124.74 M |
| Inventories |
|
$49.16 M | $358.22 M | $114.27 M | - | - |
| Total Current Assets |
|
$1.24 B | $1.25 B | $776.46 M | $445.05 M | $375.44 M |
| Property,Plant and Equipment |
|
$88.14 M | $112.87 M | $97.14 M | $78.19 M | $65.02 M |
| Goodwill |
|
$9.19 M | $409.38 M | $461.35 M | $461.35 M | $461.35 M |
| Total Assets |
|
$1.36 B | $2.02 B | $1.57 B | $1.15 B | $1.01 B |
| Total Liabilities |
|
$730.14 M | $1.67 B | $1.47 B | $1.11 B | $1.10 B |
| Retained Earnings |
|
-$270.31 M | -$372.16 M | -$693.31 M | -$823.33 M | -$988.13 M |
| Total Shareholder Equity |
|
$630.38 M | $349.72 M | $103.87 M | $42.71 M | -$82.67 M |
| Common Stock |
|
$103.00 K | $106.00 K | $110.00 K | $117.00 K | $126.00 K |
Redfin Corporation's Cash flow
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$14.56 M | $46.91 M | $64.91 M | $62.76 M | $42.77 M |
| Dividends Payout |
|
- | - | - | - | -$367.00 K |
| Capital Expenditures (Capex) |
|
-$14.69 M | -$27.49 M | -$21.53 M | -$12.06 M | -$11.21 M |
| Free Cash Flow (FCF) |
|
$46.58 M | -$329.06 M | $18.96 M | $44.70 M | -$43.52 M |
Redfin Corporation's Profitability
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$232.11 M | $403.82 M | $286.05 M | $329.82 M | $364.20 M |
| Gross Profit Margin (%) |
|
26.19% | 21.00% | 12.52% | 33.77% | 34.92% |
| Operating Income |
|
$792.00 K | -$109.95 M | -$322.86 M | -$210.12 M | -$155.26 M |
| Operating Income Margin (%) |
|
0.09% | -5.72% | -14.13% | -21.51% | -14.89% |
| Net Income |
|
-$36.12 M | -$109.61 M | -$321.14 M | -$130.03 M | -$164.80 M |
| Net Income Margin (%) |
|
-4.08% | -5.70% | -14.06% | -13.31% | -15.80% |
| EBITDA |
|
$21.87 M | -$42.93 M | -$175.89 M | -$53.04 M | -$106.80 M |
| EBITDA Margin (%) |
|
2.47% | -2.23% | -7.70% | -5.43% | -10.24% |
Redfin Corporation's Ratios
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
-5.73% | -31.34% | -309.19% | -304.46% | 199.35% |
| Return on Assets (ROA) |
|
-2.66% | -5.42% | -20.40% | -11.27% | -16.28% |
| Debt to Equity |
|
100.74% | 440.46% | 1,298.33% | 2,364.51% | -1,203.49% |
| Debt to total asset |
|
46.68% | 76.18% | 85.66% | 87.53% | 98.27% |
| Enterprise value to revenue |
|
7.31 | 2.58 | 0.69 | 2.08 | 1.75 |
| Enterprise value to EBITDA |
|
296.04 | -115.72 | -8.91 | -38.23 | -17.11 |
| Enterprise value |
|
$6.47 B | $4.97 B | $1.57 B | $2.03 B | $1.83 B |
| Tax Rate (%) |
|
- | 5.28% | -0.04% | -0.78% | 0.32% |
Frequently Asked Questions
