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Redfin's peak revenue was $1.1B in 2022. The peak quarterly revenue was $597.3M in 2022(q1).
Redfin's revenue increased from $267.2m in 2016 to $1.0B currently. That's a 290.34% change in annual revenue.
| Fiscal year / year | Redfin revenue |
|---|---|
| 2016 | $267.2M |
| 2017 | $370.0M |
| 2018 | $486.9M |
| 2019 | $779.8M |
| 2020 | $886.1M |
| 2021 | $1.1B |
| 2022 | $1.1B |
| 2023 | $976.7M |
| 2024 | $1.0B |
How accurately did Redfin's revenue projections match actual performance?
Redfin saw the greatest revenue growth in 2021, when revenue increased by 116.99%.
Redfin had the lowest revenue growth in 2020, when revenue changed by 13.63%.
| Year | Redfin growth |
|---|---|
| 2017 | 38%↑ |
| 2018 | 32%↑ |
| 2019 | 60%↑ |
| 2020 | 14%↑ |
| 2021 | 19%↑ |
| 2022 | 4%↑ |
| 2023 | -11%↓ |
| 2024 | 7%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2017 | - | $104.9M | $109.5M | $95.8M |
| 2018 | $79.9M | $142.6M | $140.3M | $124.1M |
| 2019 | $110.1M | $197.8M | $238.7M | $233.2M |
| 2020 | $191.0M | $213.7M | $236.9M | $244.5M |
| 2021 | $268.3M | $471.3M | $540.1M | ($221.1M) |
| 2022 | $597.3M | $349.0M | $305.8M | $221.9M |
| 2023 | $214.1M | $275.6M | $269.0M | $218.1M |
| 2024 | $225.5M | $295.2M | $278.0M | $244.3M |
Do you work at Redfin?
Is Redfin transparent about its revenue structure?
| CEO | Glenn Kelman |
| Industry | Real Estate |
| Company Type | Public |
| Employees Number | 6,485 |
| Date Founded | 2002 |
| Headquarters | Seattle, Washington |
| Number of Locations | 55 |
| Revenue | $1.0B |
| Net Income | -$321,143,000 |
| Gross Proft | $364.2M (2024) |
| PE Ratio | -10.07 |
| Tax Rate | 0.0% |
| Market Capitalization | $1.7B |
| Total Assets | $1,574,204,000 |
| Ticker | RDFN |
Redfin received early financing of $770.0K on 2005-09-01.
| Series | Round size | Date |
|---|---|---|
| Series A | $770K | 09/2005 |
| Series Unknown | $1.3M | 01/2006 |
| Series B | $8M | 05/2006 |
| Series C | $12M | 07/2007 |
| Series D | $10M | 11/2009 |
| Series E | $14.8M | 10/2011 |
| Series F | $50M | 11/2013 |
| Series Unknown | $41.8M | 11/2014 |
| Series G | $71M | 12/2014 |
| Post Ipo Equity | $110M | 03/2020 |
| Investors | Security type |
|---|---|
| Madrona Venture Group | Series A |
| Madrona Venture Group | Series Unknown |
| BEV Capital | Series B |
| Vulcan Capital | Series B |
| The Hillman Company | Series B |
| Madrona Venture Group | Series B |
| BEV Capital | Series C |
| Vulcan Capital | Series C |
| The Hillman Company | Series C |
| Madrona Venture Group | Series C |
| Threshold Ventures | Series C |
| Vulcan Capital | Series D |
| The Hillman Company | Series D |
| Madrona Venture Group | Series D |
| Threshold Ventures | Series D |
| Greylock Partners | Series D |
| Vulcan Capital | Series E |
| Globespan Capital Partners | Series E |
| CrunchFund | Series E |
| Madrona Venture Group | Series E |
| Greylock Partners | Series E |
| Threshold Ventures | Series E |
| Vulcan Capital | Series F |
| Austin Ligon | Series F |
| Globespan Capital Partners | Series F |
| The Hillman Company | Series F |
| CrunchFund | Series F |
| Annox Capital LLC | Series F |
| T. Rowe Price Group, Inc. | Series F |
| Madrona Venture Group | Series F |
| Tiger Global Management | Series F |
| Greylock Partners | Series F |
| Threshold Ventures | Series F |
| Tiger Global Management | Series Unknown |
| Glynn Capital Management | Series G |
| Wellington Management | Series G |
| Brothers Brook LLC | Series G |
| Annox Capital LLC | Series G |
| T. Rowe Price Group, Inc. | Series G |
| Tiger Global Management | Series G |
| Durable Capital Partners LP | Post Ipo Equity |
Redfin's top competitor, eBay, earned an annual revenue of $10.3B.
Redfin's smallest competitor is Trident Holdings Inc with revenue of $700.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Trulia | $87,048 | $275.0M | 250 | - |
| eBay | $107,595 | $10.3B | 13,300 | 240 |
| National Association of REALTORS | $61,422 | $207.2M | 2,461 | 12 |
| CoreSite | $62,410 | $606.8M | 464 | 80 |
| Move | $99,434 | $227.0M | 913 | 11 |
| Lyft | $67,087 | $5.8B | 4,369 | 366 |
| Digital Realty | $66,592 | $5.6B | 1,550 | 85 |
| Instacart | $63,250 | $1.5B | 10,000 | 354 |
| Craigslist | $55,156 | $694.0M | 50 | 4 |
| Century 21 Real Estate | $47,874 | $5.7B | 147,000 | - |
Zippia gives an in-depth look into the details of Redfin, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Redfin. The employee data is based on information from people who have self-reported their past or current employments at Redfin. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Redfin. The data presented on this page does not represent the view of Redfin and its employees or that of Zippia.
Redfin may also be known as or be related to Redfin, Redfin CORP, Redfin Corp. and Redfin Corporation.