Redfin Corporation
RDFNFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
1,043
Cost of Revenue
679
Gross Profit
364
Gross Margin
34.9%
Operating Income
-155
Operating Margin
-14.9%
Net Income
-165
Net Margin
-15.8%
EPS (Basic)
$-1.36
EPS (Diluted)
$-1.36
EBITDA
-107
EBITDA Margin
-10.2%
2023
12/31/2023
Revenue
977
Cost of Revenue
647
Gross Profit
330
Gross Margin
33.8%
Operating Income
-210
Operating Margin
-21.5%
Net Income
-130
Net Margin
-13.3%
EPS (Basic)
$-1.16
EPS (Diluted)
$-1.16
EBITDA
-53
EBITDA Margin
-5.4%
2022
12/31/2022
Revenue
2,284
Cost of Revenue
1,998
Gross Profit
286
Gross Margin
12.5%
Operating Income
-323
Operating Margin
-14.1%
Net Income
-321
Net Margin
-14.1%
EPS (Basic)
$-2.98
EPS (Diluted)
$-2.98
EBITDA
-176
EBITDA Margin
-7.7%
2021
12/31/2021
Revenue
1,923
Cost of Revenue
1,519
Gross Profit
404
Gross Margin
21.0%
Operating Income
-110
Operating Margin
-5.7%
Net Income
-110
Net Margin
-5.7%
EPS (Basic)
$-1.05
EPS (Diluted)
$-1.05
EBITDA
-43
EBITDA Margin
-2.2%
2020
12/31/2020
Revenue
886
Cost of Revenue
654
Gross Profit
232
Gross Margin
26.2%
Operating Income
1
Operating Margin
0.1%
Net Income
-36
Net Margin
-4.1%
EPS (Basic)
$-0.37
EPS (Diluted)
$-0.37
EBITDA
22
EBITDA Margin
2.5%