Redfin Financial Statements From 2010 to 2025

RDFN Stock  USD 11.21  0.18  1.58%   
Redfin Corp financial statements provide useful quarterly and yearly information to potential Redfin Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Redfin Corp financial statements helps investors assess Redfin Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Redfin Corp's valuation are summarized below:
Gross Profit
364.2 M
Profit Margin
(0.16)
Market Capitalization
1.4 B
Enterprise Value Revenue
2.2145
Revenue
B
We have found one hundred twenty available trending fundamental ratios for Redfin Corp, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Redfin Corp's recent fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 19th of March 2025, Enterprise Value is likely to grow to about 2 B, while Market Cap is likely to drop about 909.7 M.

Redfin Corp Total Revenue

932.96 Million

Check Redfin Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Redfin Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 40.6 M, Interest Expense of 29.2 M or Selling General Administrative of 133.3 M, as well as many indicators such as Price To Sales Ratio of 0.87, Dividend Yield of 6.0E-4 or Days Sales Outstanding of 11.09. Redfin financial statements analysis is a perfect complement when working with Redfin Corp Valuation or Volatility modules.
  
Check out the analysis of Redfin Corp Correlation against competitors.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.

Redfin Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding97.6 M121.7 M84.6 M
Slightly volatile
Total Assets968.3 MB649.7 M
Slightly volatile
Other Current Liabilities318 M302.9 M79.5 M
Slightly volatile
Total Current Liabilities193.9 M332.6 M128.5 M
Slightly volatile
Other Liabilities207.8 K218.7 K3.3 M
Very volatile
Property Plant And Equipment Net66.8 M65 M44.4 M
Slightly volatile
Accounts Payable17.7 M16.8 M5.9 M
Slightly volatile
Cash118.5 M124.7 M225.1 M
Slightly volatile
Non Current Assets Total366.7 M637 M238.2 M
Slightly volatile
Other Assets47.7 M45.4 M16.5 M
Slightly volatile
Cash And Short Term Investments118.5 M124.7 M250.9 M
Slightly volatile
Net Receivables36.9 M48.7 M25 M
Slightly volatile
Good Will557.1 M530.6 M157.5 M
Slightly volatile
Common Stock Total Equity84.2 K126.5 K62.7 K
Slightly volatile
Liabilities And Stockholders Equity968.3 MB649.7 M
Slightly volatile
Non Current Liabilities Total672.7 M762.6 M612.1 M
Slightly volatile
InventoryM5.3 M44.8 M
Slightly volatile
Other Current Assets105.3 M202 M66.4 M
Slightly volatile
Other Stockholder Equity610.4 M905.5 M387.4 M
Slightly volatile
Total Liabilities866.7 M1.1 B740.6 M
Slightly volatile
Deferred Long Term Liabilities6.5 M12.7 M6.5 M
Slightly volatile
Property Plant And Equipment Gross82.9 M164.7 M54.6 M
Slightly volatile
Short and Long Term Debt231.2 M220.1 M76 M
Slightly volatile
Total Current Assets601.5 M375.4 M411.6 M
Slightly volatile
Short Term Debt12.2 M12.9 M53.9 M
Slightly volatile
Intangible Assets72.4 M99.5 M47 M
Slightly volatile
Common Stock94 K126 K63.7 K
Slightly volatile
Property Plant Equipment44.5 M63.4 M32.7 M
Slightly volatile
Current Deferred Revenue5.1 M6.3 M3.6 M
Slightly volatile
Short and Long Term Debt Total752.9 M604.9 M390.2 M
Slightly volatile
Capital Surpluse695 M871.6 M541.6 M
Slightly volatile
Net Invested CapitalB879.5 M626.6 M
Slightly volatile
Net Working Capital40.7 M42.9 M314.5 M
Pretty Stable
Long Term Debt Total128.3 M137.7 M117.9 M
Slightly volatile
Capital Stock119.7 K126 K7.6 M
Slightly volatile
Capital Lease Obligations44.9 M32.7 M63.9 M
Slightly volatile
Non Current Liabilities Other46.4 M50.5 M57.5 M
Slightly volatile
Warrants43.9 M45.9 M40.5 M
Slightly volatile

Redfin Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization40.6 M42.8 M279.4 M
Slightly volatile
Selling General Administrative133.3 M235.4 M97.7 M
Slightly volatile
Selling And Marketing Expenses80.1 M114.5 M58.8 M
Slightly volatile
Total Revenue933 MB672.8 M
Slightly volatile
Gross Profit215.5 M364.2 M156.2 M
Slightly volatile
Other Operating ExpensesB1.2 B748.8 M
Slightly volatile
Research Development103.1 M163.9 M75.3 M
Slightly volatile
Cost Of Revenue717.5 M678.8 M516.6 M
Slightly volatile
Total Operating Expenses317 M519.5 M232.2 M
Slightly volatile
Interest Income4.6 M6.3 M2.9 M
Slightly volatile
Reconciled Depreciation35.7 M42.8 M21.6 M
Slightly volatile
Non Operating Income Net Other72.5 M69.1 M18 M
Slightly volatile
Extraordinary Items10.1 M11.4 M12.4 M
Slightly volatile
Non Recurring32.4 M36.4 M39.7 M
Slightly volatile

Redfin Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation38 M71.2 M27.4 M
Slightly volatile
Begin Period Cash Flow143.4 M151 M230.2 M
Slightly volatile
Depreciation27 M42.8 M19.2 M
Slightly volatile
Capital Expenditures14.6 M11.2 M11.3 M
Slightly volatile
End Period Cash Flow118.7 M125 M244.1 M
Slightly volatile
Change To Netincome81.1 M77.2 M28.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.870.91815.9874
Slightly volatile
Dividend Yield6.0E-43.0E-44.0E-4
Pretty Stable
Days Sales Outstanding11.0917.053512.7707
Slightly volatile
Stock Based Compensation To Revenue0.07160.06820.043
Slightly volatile
Capex To Depreciation0.250.26211.2168
Slightly volatile
EV To Sales1.311.37854.6468
Slightly volatile
Inventory Turnover15.620.1114.7185
Pretty Stable
Days Of Inventory On Hand26.3418.7828.8706
Pretty Stable
Payables Turnover38.2840.2907108
Very volatile
Sales General And Administrative To Revenue0.120.22570.1618
Slightly volatile
Research And Ddevelopement To Revenue0.0960.15720.1256
Slightly volatile
Capex To Revenue0.01020.01070.026
Slightly volatile
Cash Per Share0.971.02522.8371
Pretty Stable
Days Payables Outstanding9.519.05924.5816
Slightly volatile
Intangibles To Total Assets0.580.5540.2012
Slightly volatile
Current Ratio1.071.12894.5409
Slightly volatile
Receivables Turnover32.1221.403230.7011
Pretty Stable
Capex Per Share0.120.09210.1309
Slightly volatile
Revenue Per Share7.058.57166.9431
Slightly volatile
Interest Debt Per Share4.685.19983.7251
Slightly volatile
Debt To Assets0.380.59750.37
Slightly volatile
Operating Cycle16.217.053537.8362
Pretty Stable
Days Of Payables Outstanding9.519.05924.5816
Slightly volatile
Long Term Debt To Capitalization1.221.16230.4893
Slightly volatile
Quick Ratio1.071.12894.131
Slightly volatile
Net Income Per E B T1.31.00321.1481
Very volatile
Cash Ratio0.360.37513.3913
Slightly volatile
Cash Conversion Cycle7.597.994433.3109
Pretty Stable
Days Of Inventory Outstanding26.3418.7828.8706
Pretty Stable
Days Of Sales Outstanding11.0917.053512.7707
Slightly volatile
Fixed Asset Turnover17.9216.042119.2333
Slightly volatile
Debt Ratio0.380.59750.37
Slightly volatile
Price Sales Ratio0.870.91815.9874
Slightly volatile
Asset Turnover1.311.03011.2967
Slightly volatile
Gross Profit Margin0.210.34920.2548
Very volatile

Redfin Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap909.7 M957.6 M1.8 B
Very volatile
Enterprise ValueB1.4 B1.9 B
Slightly volatile

Redfin Fundamental Market Drivers

Cash And Short Term Investments124.7 M

Redfin Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Redfin Corp Financial Statements

Redfin Corp investors utilize fundamental indicators, such as revenue or net income, to predict how Redfin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue6.3 M5.1 M
Total RevenueB933 M
Cost Of Revenue678.8 M717.5 M
Stock Based Compensation To Revenue 0.07  0.07 
Sales General And Administrative To Revenue 0.23  0.12 
Research And Ddevelopement To Revenue 0.16  0.10 
Capex To Revenue 0.01  0.01 
Revenue Per Share 8.57  7.05 
Ebit Per Revenue(0.15)(0.16)

Pair Trading with Redfin Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Redfin Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Redfin Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Redfin Stock

  0.38ONL Orion Office ReitPairCorr
The ability to find closely correlated positions to Redfin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Redfin Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Redfin Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Redfin Corp to buy it.
The correlation of Redfin Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Redfin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Redfin Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Redfin Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Redfin Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Redfin Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Redfin Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Redfin Corp Stock:
Check out the analysis of Redfin Corp Correlation against competitors.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Redfin Corp. If investors know Redfin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Redfin Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.286
Earnings Share
(1.36)
Revenue Per Share
8.572
Quarterly Revenue Growth
0.12
Return On Assets
(0.09)
The market value of Redfin Corp is measured differently than its book value, which is the value of Redfin that is recorded on the company's balance sheet. Investors also form their own opinion of Redfin Corp's value that differs from its market value or its book value, called intrinsic value, which is Redfin Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Redfin Corp's market value can be influenced by many factors that don't directly affect Redfin Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Redfin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redfin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redfin Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.