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Redfin Corporation  (RDFN)
Other Ticker:  
 
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services
 

RDFN's Revenue Growth by Quarter and Year

Redfin's Revenue results by quarter and year




RDFN Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 479.66 643.06 244.52
III Quarter September - 600.52 540.07 236.92
II Quarter June 275.19 606.92 471.32 213.67
I Quarter March 325.66 597.35 268.32 191.00
FY   600.85 2,284.45 1,922.77 886.11



RDFN Revenue second quarter 2023 Y/Y Growth Comment
Redfin Corporation reported drop in Revenue in the second quarter 2023 by -54.66% to $ 275.19 millions, from the same quarter in 2022.
The fall in the second quarter 2023 Redfin Corporation's Revenue compares unfavorably to the Company's average Revenue jump of 47.69%.

Looking into second quarter 2023 results within Real Estate Operations industry 20 other companies have achieved higher Revenue growth. While Redfin Corporation' s Revenue meltdown of -54.66% ranks overall at the positon no. 1507 in the second quarter 2023.




RDFN Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - -25.41 % 162.99 % 4.86 %
III Quarter September - 11.19 % 127.95 % -0.74 %
II Quarter June -54.66 % 28.77 % 120.58 % 8.03 %
I Quarter March -45.48 % 122.63 % 40.48 % 73.42 %
FY   - 18.81 % 116.99 % 13.63 %

Financial Statements
Redfin's second quarter 2023 Revenue $ 275.19 millions RDFN's Income Statement
Redfin's second quarter 2022 Revenue $ 606.92 millions Quarterly RDFN's Income Statement
New: More RDFN's historic Revenue Growth >>


RDFN Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - -20.13 % 19.07 % 3.21 %
III Quarter September - -1.05 % 14.59 % 10.88 %
II Quarter June -15.5 % 1.6 % 75.66 % 11.87 %
I Quarter March -32.11 % -7.11 % 9.73 % -18.09 %
FY (Year on Year)   - 18.81 % 116.99 % 13.63 %




Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Real Estate Operations Industry #21
Services Sector #215
Overall #1507

Revenue Y/Y Growth Statistics
High Average Low
133.73 % 47.69 % -29.59 %
(Mar 31 2022)   (Jun 30 2023)
Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Real Estate Operations Industry #21
Services Sector #215
Overall #1507
Revenue Y/Y Growth Statistics
High Average Low
133.73 % 47.69 % -29.59 %
(Mar 31 2022)   (Jun 30 2023)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Redfin's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
79.57 % 8.86 % -32.11 %
 


RDFN's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Redfin Corporation disclosed fall in Revenue from the first quarter by -15.5% to $ 275.19 millions, from $ 325.66 millions achived in the previous quarter.

Even seasonal circumstance which normally fuel II. Quarter 2023 Revenue, it clearly could not be substantial to recover Real Estate Operations's company II. Quarter achievement, Sarah Young, an industry researcher wrote.

Within Real Estate Operations industry 37 other companies have achieved higher Revenue quarter on quarter growth. While Redfin's Revenue growth quarter on quarter, overall rank is 2627.


Revenue Q/Q Growth Company Ranking
Within: No.
Real Estate Operations Industry #38
Services Sector #391
Overall #2627
Revenue Q/Q Growth Company Ranking
Within: No.
Real Estate Operations Industry #38
Services Sector #391
Overall #2627
Revenue Q/Q Growth Statistics
High Average Low
79.57 % 8.86 % -32.11 %
 


RDFN's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Redfin Corporation reported fall in Revenue sequentially by -15.5% to $ 275.19 millions, from $ 325.66 millions declared in the previous reporting period.

Although cyclical factors which usually elevate II. Quarter 2023 results, this clearly has not been sufficient to recover Real Estate Operations's company II. Quarter achievement, Sarah Young, an industry researcher pointed out and wrote that average sequential Revenue growth is at 8.86% for RDFN.

Within Real Estate Operations industry 37 other companies have achieved higher Revenue quarter on quarter growth. While Redfin's Revenue growth quarter on quarter, overall rank is 2627.


Redfin's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Revenue 12 Months Ending $ 1,681.03 $ 2,012.76 $ 2,284.44 $ 2,447.84 $ 2,387.39
Y / Y Revenue Growth (TTM) -29.59 % -10.62 % 18.81 % 60.6 % 95.52 %
Year on Year Revenue Growth Overall Ranking # 195 # 169 # 89 # 370 # 128
Seqeuential Revenue Change (TTM) -16.48 % -11.89 % -6.68 % 2.53 % 6.02 %
Seq. Revenue Growth (TTM) Overall Ranking # 1507 # 1243 # 572 # 1426 # 463




Cumulative Revenue growth Comment
Redfin's cumulative 12 months Revenue continue to drop, but on the faster rate at -29.59% year on year, at Jun 30 2023 compare to the -10.62% decrease at Mar 31 2023. If the Redfin's fiscal year would end at Jun 30 2023, annual Revenue would be $1,681 millions.

Within the Services sector 27 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 169 to 195.

Revenue TTM Q/Q Growth Statistics
High Average Low
133.73 %
47.69 %
-29.59 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Real Estate Operations Industry # 21
Services Sector # 28
Overall # 195

Revenue TTM Y/Y Growth Statistics
High Average Low
133.73 %
47.69 %
-29.59 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 21
Sector # 215
S&P 500 # 1507
Cumulative Revenue growth Comment
Redfin's cumulative 12 months Revenue continue to drop, but on the faster rate at -29.59% year on year, at Jun 30 2023 compare to the -10.62% decrease at Mar 31 2023. If the Redfin's fiscal year would end at Jun 30 2023, annual Revenue would be $1,681 millions.

Within the Services sector 27 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 169 to 195.

Revenue TTM Q/Q Growth Statistics
High Average Low
133.73 %
47.69 %
-29.59 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Real Estate Operations Industry # 21
Services Sector # 28
Overall # 195

Revenue TTM Y/Y Growth Statistics
High Average Low
133.73 %
47.69 %
-29.59 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 21
Sector # 215
S&P 500 # 1507




Other Revenue Growth
Real Estate Operations Industry Revenue Growth Trends and Statistics
Services Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
RDFN's Revenue Growth Ratio versus Real Estate Operations Industry, Services Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for RDFN's Competitors
Revenue Growth for Redfin's Suppliers
Revenue Growth for RDFN's Customers

You may also want to know
RDFN's Annual Growth Rates RDFN's Profitability Ratios RDFN's Asset Turnover Ratio RDFN's Dividend Growth
RDFN's Roe RDFN's Valuation Ratios RDFN's Financial Strength Ratios RDFN's Dividend Payout Ratio
RDFN's Roa RDFN's Inventory Turnover Ratio RDFN's Growth Rates RDFN's Dividend Comparisons



Companies with similar Revenue drop for the quarter ending Jun 30 2023 within Services SectorY/Y Change %Revenue for the quarter ending Jun 30 2023
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