Redfin (RDFN) Revenue & Revenue Breakdown
Redfin Revenue Highlights
Latest Revenue (Y)
$976.67M
Latest Revenue (Q)
$295.20M
Main Segment (Y)
Real Estate Segment
Redfin Revenue by Period
Redfin Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $976.67M | -57.25% |
| 2022-12-31 | $2.28B | 18.81% |
| 2021-12-31 | $1.92B | 116.99% |
| 2020-12-31 | $886.09M | 13.63% |
| 2019-12-31 | $779.80M | 60.15% |
| 2018-12-31 | $486.92M | 31.59% |
| 2017-12-31 | $370.04M | 38.49% |
| 2016-12-31 | $267.20M | 42.63% |
| 2015-12-31 | $187.34M | 49.44% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $295.20M | 30.92% |
| 2024-03-31 | $225.48M | 3.39% |
| 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 | $606.91M | 1.60% |
| 2022-03-31 | $597.35M | -7.11% |
| 2021-12-31 | $643.06M | 19.07% |
| 2021-09-30 | $540.07M | 14.59% |
| 2021-06-30 | $471.31M | 75.65% |
| 2021-03-31 | $268.32M | 9.73% |
| 2020-12-31 | $244.52M | 3.21% |
| 2020-09-30 | $236.92M | 10.88% |
| 2020-06-30 | $213.66M | 11.87% |
| 2020-03-31 | $191.00M | -18.10% |
| 2019-12-31 | $233.19M | -2.30% |
| 2019-09-30 | $238.68M | 20.68% |
| 2019-06-30 | $197.78M | 79.57% |
| 2019-03-31 | $110.14M | -11.27% |
| 2018-12-31 | $124.13M | -11.50% |
| 2018-09-30 | $140.25M | -1.67% |
| 2018-06-30 | $142.64M | 78.54% |
| 2018-03-31 | $79.89M | -16.56% |
| 2017-12-31 | $95.75M | -12.54% |
| 2017-09-30 | $109.48M | 4.33% |
| 2017-06-30 | $104.94M | 75.28% |
| 2017-03-31 | $59.87M | -10.35% |
| 2016-12-31 | $66.78M | -17.62% |
| 2016-09-30 | $81.06M | 4.31% |
| 2016-06-30 | $77.71M | 86.65% |
| 2016-03-31 | $41.64M | - |
Redfin generated $295.20M in revenue during Q2 2024, up 30.92% compared to the previous quarter, and up 90.65% compared to the same period a year ago.
Redfin Revenue Breakdown
Redfin Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Real Estate Segment | $131.18M | $260.19M | $177.75M | $180.64M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Rentals Segment | $49.52M | $92.05M | $47.41M | $45.36M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Mortgage Segments | $33.82M | $62.76M | $32.92M | $38.43M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $157.87M |
| 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 | $39.91M |
Redfin's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Real Estate Segment (61.15%), Rentals Segment (23.08%), and Mortgage Segments (15.77%).
Redfin Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| OPEN | Opendoor | $6.95B | $1.51B |
| HOUS | Anywhere Real Estate | $5.64B | $1.67B |
| EXPI | eXp World | $4.28B | $1.30B |
| WE | WeWork | $3.25B | $794.00M |
| OPAD | Offerpad Solutions | $1.31B | $251.12M |
| RDFN | Redfin | $976.67M | $295.20M |
| REAX | Real Brokerage | $689.16M | $200.74M |
| MMI | Marcus & Millichap | $645.93M | $129.10M |
| RMAX | RE/MAX | $325.67M | $81.27M |
| DOMA | Doma | $311.40M | $66.07M |
| FRPH | FRP | $41.51M | $10.13M |
| MLP | Maui Land & Pineapple Company | $10.91M | $2.65M |
| OMH | Ohmyhome | $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 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). The company'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). RDFN's quarterly revenue for Q4 2023 was $218.08M, a -18.92% decrease from the previous quarter (Q3 2023), and a -54.54% decrease year-over-year (Q4 2022).
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.