Company research
Redfin Corp
CIK 1382821Updated Sep 24, 2026
Securities
Historical securities (1)
RDFN · OTC · equity · closed Jun 30, 2025RDFN price & chart
Historical security
This listing closed Jun 30, 2025. Live provider charts are shown only for current listings.
In the news
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Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,012,457,000Source | 1,153,648,000Source | 1,574,204,000Source | 2,021,972,000Source |
| Property, Plant and Equipment, NetUSD | 41,302,000Source | 46,431,000Source | 55,105,000Source | 58,671,000Source |
| GoodwillUSD | 461,349,000Source | 461,349,000Source | 461,349,000Source | 409,382,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 99,543,000Source | 123,284,000Source | 162,272,000Source | 185,929,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 124,743,000Source | 149,759,000Source | 239,840,000Source | 591,003,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 48,730,000Source | 51,738,000Source | 54,880,000Source | 69,594,000Source |
| Inventory, NetUSD | — | — | 114,273,000Source | 358,221,000Source |
| Assets, CurrentUSD | 375,438,000Source | 445,045,000Source | 776,458,000Source | 1,246,064,000Source |
| Operating Lease, Right-of-Use AssetUSD | 23,713,000Source | 31,763,000Source | 42,032,000Source | 54,200,000Source |
| Other Assets, NoncurrentUSD | 8,376,000Source | 10,456,000Source | 11,247,000Source | 12,898,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,095,125,000Source | 1,110,941,000Source | 1,470,337,000Source | 1,672,252,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 126,000Source | 117,000Source | 110,000Source | 106,000Source |
| Additional Paid in CapitalUSD | 905,506,000Source | 826,146,000Source | 757,951,000Source | 682,084,000Source |
| Retained Earnings (Accumulated Deficit)USD | -988,134,000Source | -823,333,000Source | -693,307,000Source | -372,164,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -166,000Source | -182,000Source | -801,000Source | -174,000Source |
| Stockholders' Equity Attributable to ParentUSD | -82,668,000Source | 2,748,000Source | 63,953,000Source | 309,852,000Source |
| Liabilities and EquityUSD | 1,012,457,000Source | 1,153,648,000Source | 1,574,204,000Source | 2,021,972,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 332,563,000Source | 268,440,000Source | 354,639,000Source | 401,812,000Source |
| Accounts Payable, CurrentUSD | 16,847,000Source | 10,507,000Source | 11,819,000Source | 12,546,000Source |
| Deferred Income Tax Liabilities, NetUSD | 672,000Source | 264,000Source | 243,000Source | 1,201,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 673,000Source | 264,000Source | 243,000Source | 1,201,000Source |
| Short-term InvestmentsUSD | 0Source | 41,952,000Source | 122,259,000Source | 33,737,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 42,768,000Source | 62,851,000Source | 64,907,000Source | 46,906,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 71,159,000Source | 70,935,000Source | 68,257,000Source | 54,722,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -2,864,000Source | -3,286,000Source | -24,411,000Source | 7,149,000Source |
| Increase (Decrease) in InventoriesUSD | 0Source | -114,232,000Source | -243,948,000Source | 309,063,000Source |
| Increase (Decrease) in Accounts PayableUSD | 6,371,000Source | -1,323,000Source | -2,472,000Source | 3,059,000Source |
| Deferred Income Tax Expense (Benefit)USD | -333,000Source | 20,000Source | -958,000Source | -7,322,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -32,307,000Source | 56,758,000Source | 40,491,000Source | -301,568,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 0Source | 97,341,000Source | 608,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 34,411,000Source | 97,482,000Source | -184,338,000Source | -576,306,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 11,209,000Source | 12,056,000Source | 21,531,000Source | 27,492,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 2,284,000Source | 16,348,000Source | 7,498,000Source | 27,066,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -28,108,000Source | -245,415,000Source | -332,094,000Source | 650,341,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -26,028,000Source | -91,246,000Source | -476,035,000Source | -227,539,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 124,972,000Source | 151,000,000Source | 242,246,000Source | 718,281,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 36,121,000Source | 15,589,000Source | 20,107,000Source | 7,592,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -24,000Source | -71,000Source | -94,000Source | -6,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 71,159,000Source | 70,935,000Source | 68,257,000Source | 54,722,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 3,116,000Source | 3,620,000Source | 6,137,000Source | 4,989,000Source |
| Amortization of Intangible AssetsUSD | 23,741,000Source | 38,988,000Source | 38,167,000Source | 26,901,000Source |
| DepreciationUSD | 19,027,000Source | 23,774,000Source | 26,740,000Source | 20,047,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 12,000,000Source | 94,019,000Source | 57,193,000Source | 0Source |
| General and Administrative ExpenseUSD | 235,364,000Source | 238,790,000Source | 254,593,000Source | 218,315,000Source |
| GoodwillUSD | 461,349,000Source | 461,349,000Source | 461,349,000Source | 409,382,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -164,801,000Source | -126,392,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 0Source | -3,634,000Source | — | — |
| Income Tax Expense (Benefit)USD | -530,000Source | 979,000Source | 126,000Source | -6,107,000Source |
| Inventory Write-downUSD | — | — | 8,404,000Source | 2,364,000Source |
| Investment Income, InterestUSD | 6,348,000Source | 10,532,000Source | 6,639,000Source | 635,000Source |
| Net Income (Loss) Attributable to ParentUSD | -164,800,000Source | -130,026,000Source | -321,143,000Source | -109,613,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -165,874,000Source | -131,100,000Source | -322,703,000Source | -116,882,000Source |
| Operating ExpensesUSD | 519,456,000Source | 547,874,000Source | 649,383,000Source | 513,773,000Source |
| Operating Lease, Impairment LossUSD | — | 1,948,000Source | 1,136,000Source | — |
| Other Nonoperating Income (Expense)USD | -644,000Source | -2,385,000Source | -3,774,000Source | 5,360,000Source |
| Payments to Acquire InvestmentsUSD | 0Source | 76,866,000Source | 182,466,000Source | 146,274,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | 0Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | 6,558,000Source | 9,613,000Source | 11,528,000Source | 22,772,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 1,042,979,000Source | 976,672,000Source | 2,284,442,000Source | 1,922,765,000Source |
| Cost of RevenueUSD | 678,778,000Source | 646,853,000Source | 1,998,389,000Source | 1,518,945,000Source |
| Operating Income (Loss)USD | -155,255,000Source | -218,055,000Source | -363,330,000Source | -109,953,000Source |
| Other Nonoperating Income (Expense)USD | -644,000Source | -2,385,000Source | -3,774,000Source | 5,360,000Source |
| Income Tax Expense (Benefit)USD | -530,000Source | 979,000Source | 126,000Source | -6,107,000Source |
| Net Income (Loss) Attributable to ParentUSD | -164,800,000Source | -130,026,000Source | -321,143,000Source | -109,613,000Source |
| Earnings Per Share, BasicUSD per share | -1.36Source | -1.16Source | -2.99Source | -1.12Source |
| Earnings Per Share, DilutedUSD per share | -1.36Source | -1.16Source | -2.99Source | -1.12Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 121,677,971Source | 113,152,752Source | 107,927,464Source | 104,683,460Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 121,677,971Source | 113,152,752Source | 107,927,464Source | 104,683,460Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 23,741,000Source | 38,988,000Source | 38,167,000Source | 26,901,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | 2,437,000Source | 7,925,000Source |
| Current Income Tax Expense (Benefit)USD | 863,000Source | 959,000Source | 1,084,000Source | 1,215,000Source |
| General and Administrative ExpenseUSD | 235,364,000Source | 238,790,000Source | 254,593,000Source | 218,315,000Source |
| Gross ProfitUSD | 364,201,000Source | 329,819,000Source | 286,053,000Source | 403,820,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -164,801,000Source | -126,392,000Source | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -1.36Source | -1.13Source | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -1.36Source | -1.13Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 0Source | -3,634,000Source | — | — |
| Interest ExpenseUSD | 27,780,000Source | 9,524,000Source | 17,745,000Source | 11,762,000Source |
| Investment Income, InterestUSD | 6,348,000Source | 10,532,000Source | 6,639,000Source | 635,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -165,874,000Source | -131,100,000Source | -322,703,000Source | -116,882,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | -165,874,000Source | -127,466,000Source | — | — |
| Operating ExpensesUSD | 519,456,000Source | 547,874,000Source | 649,383,000Source | 513,773,000Source |
| Research and Development ExpenseUSD | 163,927,000Source | 183,294,000Source | 196,250,000Source | 156,718,000Source |