Q4 2023 Gross Margin1 Real Estate Services Q4 2023 Revenue $49M Q4 2023 Operating Expenses $117M +(17)% Y/Y | --- | --- | |-------|------------------------------------------------------------------------| | | | | 1 | Gross profit up 7% (v. FY 2022) in spite of revenue headwind 1 | | 2 | Market share (by units) of 0.76% 2 | | 3 | 49 million average monthly visitors (steady v. 2022) 3 | | 4 | Rentals segment 19% revenue growth | | 5 | Mortgage attach rate of 25% in Q4 (v. 21% in Q4 2022) 4 | | 6 | Other segme ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 001-38160 Redfin Corporation (Exact name of registrant as specified in its charter) Delaware 74-3064240 (State or other jurisdict ...

Redfin Reports Fourth Quarter and Full Year 2023 Financial Results SEATTLE - February 27, 2024 - Redfin Corporation (NASDAQ: RDFN) today announced results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Fourth quarter revenue was $218.1 million, a decrease of 2% compared to the fourth quarter of 2022. Gross profit was $73.2 million, an increase of 32% year-over-year. Real estate services gross profit was $29.9 million, an increase of 14% year-over-year, and real estate serv ...

Company Participants Jason Helfstein - Oppenheimer Wyatt Swanson - D.A. Davidson Bernie McTernan - Needham and Company Ygal Arounian - City Group Jonathan Bass - Stephens Jay McCanless - Wedbush Vincent Kardos - Jefferies I would now like to turn the conference over to your host. Meg Nunnally. Thank you. You may begin. Before we start, note that some of our statements on todayÂ's call are forward-looking. We believe our assumptions and expectations related to these forward-looking statements are reasonable, ...

This presentation contains forward-looking statements. All statements contained in this presentation other than statements of historical fact, including statements regarding our future operating results and financial position, our business strategy and plans, our market growth and trends, and our objectives for future operations, are forward-looking statements. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "could," "would," "project," "plan," "potentially," "p ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 001-38160 Redfin Corporation (Exact name of registrant as specified in its charter) Delaware 74-3064240 (State or other ...

Redfin Corporation (NASDAQ:RDFN) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET Meg Nunnally - Head of Investor Relations Glenn Kelman - President and Chief Executive Officer Chris Nielsen - Chief Financial Officer Ygal Arounian - Citi AJ Hayes - Stephens Stefanos Crist - Needham & Company Good day ladies and gentlemen and welcome to the Redfin Corporation Second Quarter 2023 Earnings Conference Call. Our host for today's call is Meg Nunnally, Head of Investor Relations. At this time, all partic ...

Important Legal Information In light of these risks, uncertainties, and assumptions, the future events and trends discussed in this presentation may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Accordingly, you should not rely on forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 001-38160 Redfin Corporation (Exact name of registrant as specified in its charter) Delaware 74-3064240 (State or other juris ...

Redfin Corporation. (NASDAQ:RDFN) Q1 2023 Earnings Conference Call May 4, 2023 4:30 PM ET Company Participants Meg Nunnally - Head of IR Glenn Kelman - President, CEO and Director Chris Nielsen - CFO Conference Call Participants John Campbell - Stephens Ygal Arounian - Citigroup Curtis Nagle - Bank of America Ryan McKeveny - Zelman & Associates Operator Greetings, and welcome to the Redfin Corporation Q1 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief questio ...