Redfin Corporation (RDFN) financial statements (2021 and earlier)

Company profile

Business Address 1099 STEWART STREET, SUITE 600
SEATTLE, WA 98101
State of Incorp.
Fiscal Year End December 31
SIC 6531 - Real Estate Agents and Managers (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments305433208
Cash and cash equivalents235433208
Short-term investments70  
Restricted cash and investments 64
Receivables191513
Inventory, net of allowances, customer advances and progress billings7523 
Inventory7523 
Prepaid expense15129
Other current assets324
Other undisclosed current assets3552
Total current assets:452496240
Noncurrent Assets
Operating lease, right-of-use asset52
Property, plant and equipment402522
Long-term investments and receivables31  
Long-term investments31  
Intangible assets, net (including goodwill)121212
Goodwill 99
Intangible assets, net (excluding goodwill)1233
Other noncurrent assets1197
Total noncurrent assets:1454742
TOTAL ASSETS:596543282
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities403329
Accounts payable232
Accrued liabilities383127
Deferred revenue7
Debt3752
Deferred rent credit0 
Deferred revenue and credits21
Customer advances and deposits6 
Other undisclosed current liabilities104
Total current liabilities:854636
Noncurrent Liabilities
Long-term debt and lease obligation180114 
Long-term debt, excluding current maturities120114 
Operating lease, liability60
Liabilities, other than long-term debt 1111
Deferred revenue and credits1111
Total noncurrent liabilities:18012511
Total liabilities:26517147
Stockholders' equity
Stockholders' equity attributable to parent331372235
Common stock000
Additional paid in capital583543364
Accumulated other comprehensive income0  
Accumulated deficit(252)(171)(129)
Total stockholders' equity:331372235
TOTAL LIABILITIES AND EQUITY:596543282

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
Revenues780487370
Revenue, net370
Cost of revenue
(Cost of Goods and Services Sold)
(636)(367)(258)
Gross profit:144119112
Operating expenses(223)(163)(128)
Operating loss:(79)(44)(16)
Nonoperating income761
Investment income, nonoperating751
Interest and debt expense(9)(4) 
Net loss attributable to parent:(81)(42)(15)
Preferred stock dividends and other adjustments  (176)
Net loss available to common stockholders, diluted:(81)(42)(191)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
Net loss:(81)(42)(15)
Comprehensive loss:(81)(42)(15)
Other undisclosed comprehensive income, net of tax, attributable to parent0  
Comprehensive loss, net of tax, attributable to parent:(81)(42)(15)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: