For the quarter ending 2025-03-31, RDFN made $221,027K in revenue. -$92,519K in net income. Net profit margin of -41.86%.
| Income Statement | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 221,027 | 234,881 | 278,015 | 295,203 |
| Cost of revenue | 150,393 | 180,885 | 176,152 | 185,617 |
| Gross profit | 70,634 | 76,376 | 101,863 | 109,586 |
| Technology and development | 39,486 | 40,690 | 40,332 | 42,215 |
| Marketing | 39,265 | 23,518 | 27,186 | 40,260 |
| General and administrative | 56,467 | 60,936 | 58,788 | 54,705 |
| Restructuring and reorganization | 20,930 | 921 | 2,509 | 1,334 |
| Total operating expenses | 156,148 | 126,064 | 128,815 | 138,514 |
| Loss from operations | -85,514 | -49,687 | -26,952 | -28,928 |
| Other expense, net | -85 | -209 | -144 | -82 |
| Gain on extinguishment of convertible senior notes | - | 1,895 | - | 6,314 |
| Interest income | 1,119 | 1,524 | 1,839 | 1,461 |
| Interest expense | 7,784 | 6,579 | 8,537 | 6,086 |
| Net loss from continuing operations | - | -51,569 | -33,782 | -27,880 |
| Income tax (expense) benefit | 255 | -538 | -12 | 559 |
| Net loss | -92,519 | -51,569 | -33,782 | -27,880 |
| Foreign currency translation adjustments | - | -6 | - | - |
| Dividends on convertible preferred stock | - | - | 282 | 191 |
| Unrealized gain on available-for-sale securities | - | 10,380 | - | - |
| Net loss from continuing operations attributable to common stockbasic and diluted | - | - | -34,064 | -28,071 |
| Comprehensive loss | - | -41,196 | - | - |
| Net loss attributable to common stock - basic | -92,519 | - | -34,064 | -28,071 |
| Basic eps | - | -0.425 | -0.28 | -0.23 |
| Diluted eps | - | -0.425 | -0.28 | -0.23 |
| Basic average shares | 127,168,402 | -60,796,014 | 122,876,102 | 120,393,897 |
| Diluted average shares | 127,168,402 | -60,796,014 | 122,876,102 | 120,393,897 |
Redfin Corp (RDFN)
Redfin Corp (RDFN)