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Redfin (RDFN) Revenue & Revenue Breakdown

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Redfin Revenue Highlights

Latest Revenue (Y)

$1.04B

Latest Revenue (Q)

$244.28M

Main Segment (Y)

Real Estate Segment

Redfin Revenue by Period

Redfin Revenue by Year

DateRevenueChange
2024-12-31$1.04B6.79%
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 $1.04B in revenue during NA 2024, up 6.79% compared to the previous quarter, and up 133.75% compared to the same period a year ago.

Redfin Revenue by Quarter

DateRevenueChange
2024-12-31$244.28M-12.13%
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 $244.28M in revenue during Q4 2024, up -12.13% compared to the previous quarter, and up 90.83% compared to the same period a year ago.

Redfin Revenue Breakdown

Redfin Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Mortgage Segments$139.83M$134.11M---
Real Estate Segment$642.87M$618.58M---
Rentals Segment$203.74M$184.81M---
Title$37.51M----
Product--$1.20B$880.65M$211.75M
Service--$1.08B$1.04B$674.35M

Redfin's latest annual revenue breakdown by segment (product or service), as of Dec 24: Real Estate Segment (62.78%), Rentals Segment (19.90%), Mortgage Segments (13.66%), and Title (3.66%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Rentals Segment$52.29M$102.56M$51.66M$49.52M$92.05M$47.41M$45.36M-------------
Mortgage Segments$29.32M$70.39M$35.62M$33.82M$62.76M$32.92M$38.43M-------------
Real Estate Segment$126.28M$336.55M$175.14M$131.18M$260.19M$177.75M$180.64M-------------
Title$8.64M-------------------
Corporate Segment--$15.60M-----------------
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
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

Redfin's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Real Estate Segment (58.32%), Rentals Segment (24.15%), Mortgage Segments (13.54%), and Title (3.99%).

Redfin Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
HOUSAnywhere Real Estate$5.69B$1.20B
OPENOpendoor$5.15B$1.08B
EXPIeXp World$4.57B$1.10B
RDFNRedfin$1.04B$244.28M
OPADOfferpad Solutions$918.82M$160.70M
MMIMarcus & Millichap$696.06M$240.08M
REAXReal Brokerage$689.16M$200.74M
RMAXRE/MAX$307.69M$81.27M
FRPHFRP$41.77M$10.53M
MLPMaui Land & Pineapple$11.56M$5.80M
OMHOhmyhome$5.00M$1.42M

RDFN Revenue FAQ

What is Redfin’s yearly revenue?

Redfin's yearly revenue for 2024 was $1.04B, representing an increase of 6.79% compared to 2023. The company's yearly revenue for 2023 was $976.67M, representing a decrease of -57.25% compared to 2022. RDFN's yearly revenue for 2022 was $2.28B, representing an increase of 18.81% compared to 2021.

What is Redfin’s quarterly revenue?

Redfin's quarterly revenue for Q4 2024 was $244.28M, a -12.13% decrease from the previous quarter (Q3 2024), and a 12.02% increase year-over-year (Q4 2023). The company'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). RDFN'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).

What is Redfin’s revenue growth rate?

Redfin's revenue growth rate for the last 3 years (2022-2024) was -54.34%, and for the last 5 years (2020-2024) was 17.71%.

What are Redfin’s revenue streams?

Redfin's revenue streams in c 24 are Mortgage Segments, Real Estate Segment, Rentals Segment, and Title. Mortgage Segments generated $139.83M in revenue, accounting 13.66% of the company's total revenue, up 4.27% year-over-year. Real Estate Segment generated $642.87M in revenue, accounting 62.78% of the company's total revenue, up 3.93% year-over-year. Rentals Segment generated $203.74M in revenue, accounting 19.90% of the company's total revenue, up 10.24% year-over-year. Title generated $37.51M in revenue, accounting 3.66% of the company's total revenue

What is Redfin’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Redfin was Real Estate Segment. This segment made a revenue of $642.87M, representing 62.78% of the company's total revenue.