Latest financial results

February 27, 2024 • 4:00 PM EST

FY 2023 Year End Results

Fiscal year ended December 31, 2023

$218M

Q4 Revenue was $218 million, a decrease of 2% year-over-year.*

$73M

Q4 Gross profit was $73 million, an increase of 32% year-over-year.*

44M

Redfin's mobile apps and website reached 44 million average monthly users in Q4, flat year-over-year.

For complete information regarding our financials, see our periodic filings

*Revenue and gross profit figures reflect results from continuing operations (excluding discontinued properties business).

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Latest financial results

$218M

Q4 Revenue was $218 million, a decrease of 2% year-over-year.*

$73M

Q4 Gross profit was $73 million, an increase of 32% year-over-year.*

44M

Redfin's mobile apps and website reached 44 million average monthly users in Q4, flat year-over-year.

For complete information regarding our financials, see our periodic filings.

*Revenue and gross profit figures reflect results from continuing operations (excluding discontinued properties business).

Latest annual filing

For fiscal year ending December 31, 2023

Redfin corporation at a glance

559,000

Customers bought or sold homes with us through 2023

$281B

Worth of homes bought or sold by our customers through 2023

50 million

Average monthly visitors to our website and mobile app in 2023

4,693

Employees

1,776

Average number of lead agents for 2023

100 +

Markets

As of Dec. 31, 2023 • 10-K 2023
For complete information regarding our financials, see our periodic filings.

Providing customers with comprehensive real estate solutions

Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, title insurance, and renovations services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can have our renovations crew fix it up to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent.Since launching in 2006, we've saved customers more than $1.6 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 4,000 people.

Contacts

Company

Redfin Corporation
1099 Stewart Street
Suite 600
Seattle, WA 98101

Investor relations

Meg Nunnally
Head of Investor Relations
Phone: 206-576-8610
ir@redfin.com

Press

Mariam Sughayer
Head of Communications
Phone: 206-414-8880
press@redfin.com