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Redfin Corp (RDFN)

For the quarter ending 2025-03-31, RDFN made $221,027K in revenue. -$92,519K in net income. Net profit margin of -41.86%.

Overview

Revenue
$221,027K
Net Income
-$92,519K
Net Profit Margin
-41.86%
Unit: Thousand (K) dollars
Revenue Breakdown
    • Revenue-real estate segment-oper...
    • Revenue-rentals segment-operatin...
    • Revenue-mortgage segments-operat...
    • Others
Revenue Breakdown
    • Cost of goods and services sold-...
    • Rentals segment-operating segmen...
    • Mortgage segments-operating segm...
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-03-31
2024-09-30
2024-06-30
Revenue221,027 278,015 295,203
Cost of revenue150,393 176,152 185,617
Gross profit70,634 101,863 109,586
Restructuring and reorganization20,930 2,509 1,334
Technology and development39,486 40,332 42,215
Marketing39,265 27,186 40,260
General and administrative56,467 58,788 54,705
Total operating expenses156,148 128,815 138,514
Loss from operations-85,514 -26,952 -28,928
Interest income1,119 1,839 1,461
Interest expense7,784 8,537 6,086
Income tax (expense) benefit255 -12 559
Other expense, net-85 -144 -82
Gain on extinguishment of convertible senior notes- - 6,314
Net loss from continuing operations- -33,782 -27,880
Net loss-92,519 -33,782 -27,880
Dividends on convertible preferred stock- 282 191
Net loss from continuing operations attributable to common stockbasic and diluted- -34,064 -28,071
Net loss attributable to common stock - basic-92,519 -34,064 -28,071
Basic eps- -0.28 -0.23
Diluted eps- -0.28 -0.23
Basic average shares127,168,402 122,876,102 120,393,897
Diluted average shares127,168,402 122,876,102 120,393,897
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Net lossattributable to common stock -...-$92,519K Net loss-$92,519K Interest income$1,119K Revenue$221,027K Income tax (expense)benefit$255K Interest expense$7,784K Loss from operations-$85,514K Gross profit$70,634K Other expense, net-$85K Cost of revenue$150,393K Total operatingexpenses$156,148K General andadministrative$56,467K Marketing$39,265K Technology and development$39,486K Restructuring andreorganization$20,930K