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Redfin's revenue is $1.0 billion.

What is Redfin's revenue?

Redfin's annual revenue is $1.0B. Zippia's data science team found the following key financial metrics about Redfin after extensive research and analysis.
  • Redfin's revenue growth from 2016 to 2024 is 290.34%.
  • Redfin has 6,485 employees, and the revenue per employee ratio is $160,829.
  • Redfin's peak quarterly revenue was $597.3M in 2022(q1).
  • Redfin peak revenue was $1.1B in 2022.
  • Redfin annual revenue for 2023 was 976.7M, -11.18% growth from 2022.
  • Redfin annual revenue for 2024 was 1.0B, 6.79% growth from 2023.

On this page

Most recent quarter revenue
$244.3M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$1.1B (2022)
Company peak revenue
Revenue / employee
$160,829
Company revenue / employee

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Most recent quarter revenue
$244.3M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$1.1B (2022)
Company peak revenue
Revenue / employee
$160,829
Company revenue / employee

Redfin historical revenue

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.

Redfin annual revenue

$1B
$880M
$660M
$440M
$220M
$0
2019
2020
2021
2022
2023
2024

Redfin annual revenue over time

Fiscal year / yearRedfin 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?

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Redfin annual growth

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%.

Redfin annual growth rate over time

YearRedfin growth
2017
38%
2018
32%
2019
60%
2020
14%
2021
19%
2022
4%
2023
-11%
2024
7%

Redfin quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$597M
$478M
$358M
$239M
$119M
$0
2020
2021
2022
2023
2024

Redfin quarterly growth rate over time

YearQ1Q2Q3Q4
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

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Is Redfin transparent about its revenue structure?

Redfin financial information

CEOGlenn Kelman
IndustryReal Estate
Company TypePublic
Employees Number6,485
Date Founded2002
HeadquartersSeattle, Washington
Number of Locations55
Revenue$1.0B
Net Income-$321,143,000
Gross Proft$364.2M (2024)
PE Ratio-10.07
Tax Rate0.0%
Market Capitalization$1.7B
Total Assets$1,574,204,000
TickerRDFN

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Redfin financing

Redfin received early financing of $770.0K on 2005-09-01.

SeriesRound sizeDate
Series A$770K09/2005
Series Unknown$1.3M01/2006
Series B$8M05/2006
Series C$12M07/2007
Series D$10M11/2009
Series E$14.8M10/2011
Series F$50M11/2013
Series Unknown$41.8M11/2014
Series G$71M12/2014
Post Ipo Equity$110M03/2020

Redfin investors

InvestorsSecurity type
Madrona Venture GroupSeries A
Madrona Venture GroupSeries Unknown
BEV CapitalSeries B
Vulcan CapitalSeries B
The Hillman CompanySeries B
Madrona Venture GroupSeries B
BEV CapitalSeries C
Vulcan CapitalSeries C
The Hillman CompanySeries C
Madrona Venture GroupSeries C
Threshold VenturesSeries C
Vulcan CapitalSeries D
The Hillman CompanySeries D
Madrona Venture GroupSeries D
Threshold VenturesSeries D
Greylock PartnersSeries D
Vulcan CapitalSeries E
Globespan Capital PartnersSeries E
CrunchFundSeries E
Madrona Venture GroupSeries E
Greylock PartnersSeries E
Threshold VenturesSeries E
Vulcan CapitalSeries F
Austin LigonSeries F
Globespan Capital PartnersSeries F
The Hillman CompanySeries F
CrunchFundSeries F
Annox Capital LLCSeries F
T. Rowe Price Group, Inc.Series F
Madrona Venture GroupSeries F
Tiger Global ManagementSeries F
Greylock PartnersSeries F
Threshold VenturesSeries F
Tiger Global ManagementSeries Unknown
Glynn Capital ManagementSeries G
Wellington ManagementSeries G
Brothers Brook LLCSeries G
Annox Capital LLCSeries G
T. Rowe Price Group, Inc.Series G
Tiger Global ManagementSeries G
Durable Capital Partners LPPost Ipo Equity

Redfin competitors

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.

Redfin revenue FAQs

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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.