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Redfin (RDFN) Revenue & Revenue Breakdown

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Redfin Revenue Highlights

Latest Revenue (Y)

$976.67M

Latest Revenue (Q)

$278.01M

Main Segment (Y)

Real Estate Segment

Redfin Revenue by Period

Redfin Revenue by Year

DateRevenueChange
2023-12-31$976.67M-57.25%
2022-12-31$2.28B18.81%
2021-12-31$1.92B116.99%
2020-12-31$886.09M13.63%
2019-12-31$779.80M60.15%
2018-12-31$486.92M31.59%
2017-12-31$370.04M38.49%
2016-12-31$267.20M42.63%
2015-12-31$187.34M49.44%
2014-12-31$125.36M-

Redfin generated $976.67M in revenue during NA 2023, up -57.25% compared to the previous quarter, and up 200.58% compared to the same period a year ago.

Redfin Revenue by Quarter

DateRevenueChange
2024-09-30$278.01M-5.82%
2024-06-30$295.20M30.92%
2024-03-31$225.48M3.39%
2023-12-31$218.08M-18.92%
2023-09-30$268.96M-2.40%
2023-06-30$275.56M-15.39%
2023-03-31$325.66M-32.11%
2022-12-31$479.66M-20.12%
2022-09-30$600.52M-1.05%
2022-06-30$606.91M1.60%
2022-03-31$597.35M-7.11%
2021-12-31$643.06M19.07%
2021-09-30$540.07M14.59%
2021-06-30$471.31M75.65%
2021-03-31$268.32M9.73%
2020-12-31$244.52M3.21%
2020-09-30$236.92M10.88%
2020-06-30$213.66M11.87%
2020-03-31$191.00M-18.10%
2019-12-31$233.19M-2.30%
2019-09-30$238.68M20.68%
2019-06-30$197.78M79.57%
2019-03-31$110.14M-11.27%
2018-12-31$124.13M-11.50%
2018-09-30$140.25M-1.67%
2018-06-30$142.64M78.54%
2018-03-31$79.89M-16.56%
2017-12-31$95.75M-12.54%
2017-09-30$109.48M4.33%
2017-06-30$104.94M75.28%
2017-03-31$59.87M-10.35%
2016-12-31$66.78M-17.62%
2016-09-30$81.06M4.31%
2016-06-30$77.71M86.65%
2016-03-31$41.64M-

Redfin generated $278.01M in revenue during Q3 2024, up -5.82% compared to the previous quarter, and up 100.89% compared to the same period a year ago.

Redfin Revenue Breakdown

Redfin Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Real Estate Segment$618.58M----
Mortgage Segments$134.11M----
Rentals Segment$184.81M----
Service-$1.08B$1.04B$674.35M$539.29M
Product-$1.20B$880.65M$211.75M$240.51M

Redfin's latest annual revenue breakdown by segment (product or service), as of Dec 23: Real Estate Segment (65.98%), Rentals Segment (19.71%), and Mortgage Segments (14.30%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Mortgage Segments$35.62M$33.82M$62.76M$32.92M$38.43M---------------
Corporate Segment$15.60M-------------------
Rentals Segment$51.66M$49.52M$92.05M$47.41M$45.36M---------------
Real Estate Segment$175.14M$131.18M$260.19M$177.75M$180.64M---------------
Service-----$212.93M$219.12M$300.85M$344.31M$217.59M$265.99M$301.66M$298.87M$175.59M$204.45M$217.28M$141.13M$111.48M$134.13M$158.52M
Product-----$112.73M$260.54M$299.66M$262.61M$379.75M$377.06M$238.42M$172.44M$92.73M$40.06M$19.64M$72.53M$79.52M$99.06M$80.16M

Redfin's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Real Estate Segment (63.00%), Rentals Segment (18.58%), Mortgage Segments (12.81%), and Corporate Segment (5.61%).

Redfin Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
OPENOpendoor$6.95B$1.38B
HOUSAnywhere Real Estate$5.64B$1.67B
EXPIeXp World$4.28B$1.30B
OPADOfferpad Solutions$1.31B$208.07M
RDFNRedfin$976.67M$278.01M
REAXReal Brokerage$689.16M$200.74M
MMIMarcus & Millichap$645.93M$168.51M
RMAXRE/MAX$325.67M$81.27M
FRPHFRP$41.51M$10.63M
MLPMaui Land & Pineapple Company$10.91M$3.03M
OMHOhmyhome$5.00M$1.42M

RDFN Revenue FAQ

What is Redfin’s yearly revenue?

Redfin's yearly revenue for 2023 was $976.67M, representing a decrease of -57.25% compared to 2022. The company's yearly revenue for 2022 was $2.28B, representing an increase of 18.81% compared to 2021. RDFN's yearly revenue for 2021 was $1.92B, representing an increase of 116.99% compared to 2020.

What is Redfin’s quarterly revenue?

Redfin's quarterly revenue for Q3 2024 was $278.02M, a -5.82% decrease from the previous quarter (Q2 2024), and a 3.37% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $295.2M, a 30.92% increase from the previous quarter (Q1 2024), and a 7.13% increase year-over-year (Q2 2023). RDFN's quarterly revenue for Q1 2024 was $225.48M, a 3.39% increase from the previous quarter (Q4 2023), and a -30.76% decrease year-over-year (Q1 2023).

What is Redfin’s revenue growth rate?

Redfin's revenue growth rate for the last 3 years (2021-2023) was -49.20%, and for the last 5 years (2019-2023) was 25.25%.

What are Redfin’s revenue streams?

Redfin's revenue streams in c 23 are Real Estate Segment, Mortgage Segments, and Rentals Segment. Real Estate Segment generated $618.58M in revenue, accounting 65.98% of the company's total revenue Mortgage Segments generated $134.11M in revenue, accounting 14.30% of the company's total revenue Rentals Segment generated $184.81M in revenue, accounting 19.71% of the company's total revenue

What is Redfin’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Redfin was Real Estate Segment. This segment made a revenue of $618.58M, representing 65.98% of the company's total revenue.