Redfin
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Redfin's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 57% to $976,672,000. The net income raised on -$130,026,000 and profit margin reached -13%. Total operating expenses were $539,939,000.
Profit Margin
| 2014 | 125.36M | -25.03M | -19.97% |
|---|---|---|---|
| 2015 | 187.33M | -30.23M | -16.14% |
| 2016 | 267.19M | -22.52M | -8.43% |
| 2017 | 370.03M | -15.00M | -4.05% |
| 2018 | 486.92M | -41.97M | -8.62% |
| 2019 | 779.79M | -89.95M | -11.54% |
| 2020 | 886.09M | -36.12M | -4.08% |
| 2021 | 1.92B | -109.61M | -5.7% |
| 2022 | 2.28B | -321.14M | -14.06% |
| 2023 | 976.67M | -130.02M | -13.31% |
RDFN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 976.67M | 2.28B | 1.92B | 886.09M | 779.79M | 486.92M | 370.03M | 267.19M | 187.33M | 125.36M |
Cost of revenue | 646.85M | 1.99B | 1.51B | 653.98M | 635.69M | 367.49M | 258.21M | 184.45M | 138.49M | 93.27M |
Gross profit | 329.81M | 286.05M | 403.82M | 232.11M | 144.10M | 119.42M | 111.82M | 82.74M | 48.84M | 32.09M |
Operating exp. | ||||||||||
Research and development | 183.29M | 196.25M | 156.71M | 84.29M | 69.76M | 53.79M | 42.53M | 34.58M | 27.84M | 17.87M |
Selling and marketing | 117.86M | 158.07M | 138.74M | 54.88M | 76.71M | 44.06M | 32.25M | 28.57M | 19.89M | 15.05M |
Total operating expenses | 539.93M | 608.91M | 513.77M | 231.31M | 223.34M | 163.35M | 127.79M | 105.52M | 79.13M | 57.17M |
Operating income | -210.12M | -322.86M | -109.95M | 792K | -79.24M | -43.93M | -15.97M | -22.78M | -30.28M | -25.08M |
Other income (expenses), net | 84.70M | 1.84M | -5.76M | -19.31M | -1.55M | 221K | 970K | 85K | 53K | 47K |
Income before tax | -125.41M | -321.01M | -115.72M | -18.52M | -80.80M | -41.97M | -15.00M | -22.52M | -30.23M | -25.03M |
Income tax expense | 979K | 126K | -6.10M | 17.59M | 9.15M | 5.33M | -882K | -173K | -46K | -23K |
Net income | -130.02M | -321.14M | -109.61M | -36.12M | -89.95M | -41.97M | -15.00M | -22.52M | -30.23M | -25.03M |
Earnings per share | ||||||||||
Basic EPS | -1.16 | -2.98 | -1.05 | -0.37 | -0.98 | -0.49 | -0.35 | -0.32 | -0.43 | -0.36 |
Diluted EPS | -1.16 | -2.98 | -1.05 | -0.37 | -0.98 | -0.49 | -0.35 | -0.32 | -0.43 | -0.36 |
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