2020 Q4 Form 10-Q Financial Statement

#000138282120000224 Filed on November 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $244.5M $236.9M $238.7M
YoY Change 4.85% -0.74% 70.18%
Cost Of Revenue $164.4M $143.8M $185.3M
YoY Change -15.08% -22.37% 89.18%
Gross Profit $80.10M $93.07M $53.38M
YoY Change 102.27% 74.37% 26.17%
Gross Profit Margin 32.76% 39.28% 22.36%
Selling, General & Admin $54.50M $33.61M $27.14M
YoY Change 17.46% 23.84% 9.85%
% of Gross Profit 68.04% 36.11% 50.85%
Research & Development $22.45M $18.80M
YoY Change 19.42% 31.38%
% of Gross Profit 24.12% 35.22%
Depreciation & Amortization $3.980M $3.594M $2.453M
YoY Change 39.16% 46.51% 16.87%
% of Gross Profit 4.97% 3.86% 4.6%
Operating Expenses $54.50M $56.06M $45.94M
YoY Change 17.46% 22.03% 17.75%
Operating Profit $25.60M $37.01M $7.436M
YoY Change -476.47% 397.7% 126.09%
Interest Expense -$11.60M $2.522M $2.274M
YoY Change 1060.0% 10.91% 41.24%
% of Operating Profit -45.31% 6.81% 30.58%
Other Income/Expense, Net $0.00 -$640.0K $44.00K
YoY Change -100.0% -1554.55%
Pretax Income $14.00M $34.20M $6.800M
YoY Change -279.49% 402.94% 94.29%
Income Tax $0.00
% Of Pretax Income 0.0%
Net Earnings $14.00M $34.17M $6.782M
YoY Change -279.49% 403.77% 95.17%
Net Earnings / Revenue 5.73% 14.42% 2.84%
Basic Earnings Per Share $0.32 $0.07
Diluted Earnings Per Share $137.0K $0.30 $0.07
COMMON SHARES
Basic Shares Outstanding 102.3M shares 99.84M shares 91.99M shares
Diluted Shares Outstanding 107.6M shares 97.17M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.057B $501.4M $271.3M
YoY Change 246.82% 84.81% -39.58%
Cash & Equivalents $925.3M $371.6M $209.2M
Short-Term Investments $131.6M $129.8M $62.10M
Other Short-Term Assets $4.898M $5.189M $5.763M
YoY Change 40.1% -9.96% 482.71%
Inventory $49.16M $24.99M $105.5M
Prepaid Expenses $12.13M $7.698M $8.391M
Receivables $54.72M $41.09M $24.43M
Other Receivables $42.60M $41.90M $22.30M
Total Short-Term Assets $1.241B $638.7M $447.6M
YoY Change 174.77% 42.7% -12.62%
LONG-TERM ASSETS
Property, Plant & Equipment $43.99M $42.21M $37.56M
YoY Change 11.15% 12.38% 60.78%
Goodwill $9.186M
YoY Change 0.0%
Intangibles $1.830M
YoY Change -84.09%
Long-Term Investments $11.90M $17.10M $38.50M
YoY Change -61.61% -55.58%
Other Assets $8.619M $8.776M $11.24M
YoY Change -18.36% -21.92% 55.08%
Total Long-Term Assets $119.7M $124.6M $144.4M
YoY Change -17.24% -13.73% 238.04%
TOTAL ASSETS
Total Short-Term Assets $1.241B $638.7M $447.6M
Total Long-Term Assets $119.7M $124.6M $144.4M
Total Assets $1.361B $763.2M $592.0M
YoY Change 128.19% 28.93% 6.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.644M $3.375M $3.173M
YoY Change 165.98% 6.37% 21.99%
Accrued Expenses $69.46M $57.52M $50.87M
YoY Change 82.68% 13.07% 35.53%
Deferred Revenue
YoY Change
Short-Term Debt $63.00M $55.20M $22.00M
YoY Change 145.14% 150.91% 279.31%
Long-Term Debt Due $22.50M $124.5M
YoY Change
Total Short-Term Liabilities $185.7M $262.9M $93.05M
YoY Change 118.03% 182.49% 55.65%
LONG-TERM LIABILITIES
Long-Term Debt $488.3M $0.00 $118.2M
YoY Change 307.94% -100.0% 5.44%
Other Long-Term Liabilities $49.30M $51.60M $53.10M
YoY Change -17.7% -2.82% 415.53%
Total Long-Term Liabilities $537.6M $51.60M $171.3M
YoY Change 199.33% -69.88% 39.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $185.7M $262.9M $93.05M
Total Long-Term Liabilities $537.6M $51.60M $171.3M
Total Liabilities $730.1M $323.2M $264.3M
YoY Change 175.77% 22.29% 45.07%
SHAREHOLDERS EQUITY
Retained Earnings -$270.3M -$284.3M -$244.0M
YoY Change 7.36% 16.53% 53.69%
Common Stock $103.0K $100.0K $92.00K
YoY Change 10.75% 8.7% 3.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $590.6M $400.3M $327.7M
YoY Change
Total Liabilities & Shareholders Equity $1.361B $763.2M $592.0M
YoY Change 128.19% 28.93% 6.68%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $14.00M $34.17M $6.782M
YoY Change -279.49% 403.77% 95.17%
Depreciation, Depletion And Amortization $3.980M $3.594M $2.453M
YoY Change 39.16% 46.51% 16.87%
Cash From Operating Activities $9.730M $42.80M $10.97M
YoY Change -61.13% 290.15% 102.03%
INVESTING ACTIVITIES
Capital Expenditures -$4.300M -$4.320M -$3.320M
YoY Change 58.67% 30.12% 124.32%
Acquisitions
YoY Change
Other Investing Activities $3.330M -$570.0K -$29.95M
YoY Change -1613.64% -98.1%
Cash From Investing Activities -$970.0K -$4.890M -$33.26M
YoY Change -66.89% -85.3% 2147.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 549.1M -10.40M -17.72M
YoY Change 8857.26% -41.31% -107.22%
NET CHANGE
Cash From Operating Activities 9.730M 42.80M 10.97M
Cash From Investing Activities -970.0K -4.890M -33.26M
Cash From Financing Activities 549.1M -10.40M -17.72M
Net Change In Cash 557.8M 27.51M -40.01M
YoY Change 1876.05% -168.76% -116.05%
FREE CASH FLOW
Cash From Operating Activities $9.730M $42.80M $10.97M
Capital Expenditures -$4.300M -$4.320M -$3.320M
Free Cash Flow $14.03M $47.12M $14.29M
YoY Change -49.42% 229.74% 106.8%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001382821
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2020Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2020Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
100241416 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
93001597 shares
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
100241416 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
93001597 shares
CY2020Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2020Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2019Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2020Q3 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2020Q3 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2019Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2020Q3 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
40000 shares
CY2019Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0 shares
CY2020Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40000 shares
CY2019Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
488000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
488000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
488000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
488000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
0 USD
CY2020Q3 rdfn Finite Lived Intangible Assets Amortization Expense Next Five Years
FiniteLivedIntangibleAssetsAmortizationExpenseNextFiveYears
1952000 USD
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38160
dei Entity Registrant Name
EntityRegistrantName
Redfin Corporation
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
74-3064240
dei Entity Address Address Line1
EntityAddressAddressLine1
1099 Stewart Street
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 600
dei Entity Address City Or Town
EntityAddressCityOrTown
Seattle
dei Entity Address State Or Province
EntityAddressStateOrProvince
WA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
98101
dei City Area Code
CityAreaCode
(206)
dei Local Phone Number
LocalPhoneNumber
576-8333
dei Security12b Title
Security12bTitle
Common Stock, $0.001 par value per share
dei Trading Symbol
TradingSymbol
RDFN
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2020Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
102344011 shares
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
371573000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
234679000 USD
CY2020Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
16393000 USD
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
12769000 USD
CY2020Q3 us-gaap Short Term Investments
ShortTermInvestments
129809000 USD
CY2019Q4 us-gaap Short Term Investments
ShortTermInvestments
70029000 USD
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
41085000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
19223000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
24993000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
74590000 USD
CY2020Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
41921000 USD
CY2019Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
21985000 USD
CY2020Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
7698000 USD
CY2019Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
14822000 USD
CY2020Q3 us-gaap Other Assets Current
OtherAssetsCurrent
5189000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
3496000 USD
CY2020Q3 us-gaap Assets Current
AssetsCurrent
638661000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
451593000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42210000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
39577000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
45392000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
52004000 USD
CY2020Q3 us-gaap Long Term Investments
LongTermInvestments
17072000 USD
CY2019Q4 us-gaap Long Term Investments
LongTermInvestments
30978000 USD
CY2020Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
11138000 USD
CY2019Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
11504000 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8776000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
10557000 USD
CY2020Q3 us-gaap Assets
Assets
763249000 USD
CY2019Q4 us-gaap Assets
Assets
596213000 USD
CY2020Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
3375000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2122000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
57517000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
38022000 USD
CY2020Q3 rdfn Other Payables Current
OtherPayablesCurrent
10550000 USD
CY2019Q4 rdfn Other Payables Current
OtherPayablesCurrent
7884000 USD
CY2020Q3 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
40308000 USD
CY2019Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
21302000 USD
CY2020Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
14923000 USD
CY2019Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
4444000 USD
CY2020Q3 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
124495000 USD
CY2019Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
0 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11682000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11408000 USD
CY2020Q3 us-gaap Liabilities Current
LiabilitiesCurrent
262850000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
85182000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
51597000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
59869000 USD
CY2020Q3 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
0 USD
CY2019Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
119716000 USD
CY2020Q3 rdfn Accrued Payroll Taxes Noncurrent
AccruedPayrollTaxesNoncurrent
8711000 USD
CY2019Q4 rdfn Accrued Payroll Taxes Noncurrent
AccruedPayrollTaxesNoncurrent
0 USD
CY2020Q3 us-gaap Liabilities
Liabilities
323158000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
264767000 USD
CY2020Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
39812000 USD
CY2019Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2020Q3 us-gaap Common Stock Value
CommonStockValue
100000 USD
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
93000 USD
CY2020Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
684219000 USD
CY2019Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
583097000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
308000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
42000 USD
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-284348000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-251786000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
400279000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
331446000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
763249000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
596213000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
236916000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
238683000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
641576000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
546605000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
143844000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
185306000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
489586000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
442127000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
93072000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
53377000 USD
us-gaap Gross Profit
GrossProfit
151990000 USD
us-gaap Gross Profit
GrossProfit
104478000 USD
CY2020Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22452000 USD
CY2019Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
18801000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
60687000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
50421000 USD
CY2020Q3 us-gaap Marketing Expense
MarketingExpense
12421000 USD
CY2019Q3 us-gaap Marketing Expense
MarketingExpense
8361000 USD
us-gaap Marketing Expense
MarketingExpense
47611000 USD
us-gaap Marketing Expense
MarketingExpense
68611000 USD
CY2020Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
21190000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18779000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
68539000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
57881000 USD
CY2020Q3 us-gaap Operating Expenses
OperatingExpenses
56063000 USD
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
45941000 USD
us-gaap Operating Expenses
OperatingExpenses
176837000 USD
us-gaap Operating Expenses
OperatingExpenses
176913000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
37009000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
7436000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-24847000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-72435000 USD
CY2020Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
319000 USD
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1576000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
1859000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
5804000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
2522000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
2274000 USD
us-gaap Interest Expense
InterestExpense
7631000 USD
us-gaap Interest Expense
InterestExpense
6564000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-640000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
44000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1943000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
172000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
34166000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
6782000 USD
us-gaap Net Income Loss
NetIncomeLoss
-32562000 USD
us-gaap Net Income Loss
NetIncomeLoss
-73023000 USD
CY2020Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1530000 USD
CY2019Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
0 USD
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
2814000 USD
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
0 USD
CY2020Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-653000 USD
CY2019Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31983000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
31983000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6782000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
6782000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-35376000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-35376000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-73023000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-73023000 USD
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.80
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
99840144 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91994731 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97365122 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91279086 shares
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.80
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107607711 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97171270 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97365122 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91279086 shares
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
34166000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
6782000 USD
us-gaap Net Income Loss
NetIncomeLoss
-32562000 USD
us-gaap Net Income Loss
NetIncomeLoss
-73023000 USD
CY2020Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
6000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-10000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-16000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
28000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-139000 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-8000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
282000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
34033000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6764000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-32296000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-72997000 USD
CY2020Q3 rdfn Employee Retention Credit Cares Act
EmployeeRetentionCreditCARESAct
56000 USD
rdfn Employee Retention Credit Cares Act
EmployeeRetentionCreditCARESAct
1348000 USD
us-gaap Net Income Loss
NetIncomeLoss
-32562000 USD
us-gaap Net Income Loss
NetIncomeLoss
-73023000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10581000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6366000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
25764000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
19792000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5254000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4674000 USD
rdfn Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
6821000 USD
rdfn Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
4727000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
2063000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-693000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-401000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
21862000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9071000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-49597000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
82766000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-5168000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
82000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
851000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
579000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
28469000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
18994000 USD
rdfn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-8368000 USD
rdfn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-5095000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
479153000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
285182000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
459605000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
267850000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
51535000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-132638000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10391000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12821000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
135118000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
106063000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
6583000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1005000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
82772000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
4900000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-56154000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-112979000 USD
rdfn Proceeds From Issuance Of Temporary Equity
ProceedsFromIssuanceOfTemporaryEquity
39801000 USD
rdfn Proceeds From Issuance Of Temporary Equity
ProceedsFromIssuanceOfTemporaryEquity
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
69701000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
15119000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10869000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
10987000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2856000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
473283000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
280129000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
454277000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
262875000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
57378000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
46899000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
rdfn Proceeds From Customer Escrow Deposits
ProceedsFromCustomerEscrowDeposits
2097000 USD
rdfn Proceeds From Customer Escrow Deposits
ProceedsFromCustomerEscrowDeposits
637000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
59000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
152000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
145153000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25752000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-16000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
140518000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-219837000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
247448000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
439055000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
387966000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
219218000 USD
us-gaap Interest Paid Net
InterestPaidNet
3001000 USD
us-gaap Interest Paid Net
InterestPaidNet
2460000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1714000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
931000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
973000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
404000 USD
rdfn Leasehold Improvements Paid Directly By Lessor
LeaseholdImprovementsPaidDirectlyByLessor
37000 USD
rdfn Leasehold Improvements Paid Directly By Lessor
LeaseholdImprovementsPaidDirectlyByLessor
4298000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
312245000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
0 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1897000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2019Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1064000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7880000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
6782000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
327721000 USD
CY2020Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40000 shares
CY2020Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
39801000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
355260000 USD
CY2020Q3 rdfn Temporary Equity Stock Issued During Period Shares New Issues
TemporaryEquityStockIssuedDuringPeriodSharesNewIssues
0 shares
CY2020Q3 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
11000 USD
CY2020Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0 USD
CY2020Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
0 USD
CY2020Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3998000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2020Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4922000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11910000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-133000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
34166000 USD
CY2020Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40000 shares
CY2020Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
39812000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
400279000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
371938000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3246000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7667000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2856000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
20723000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
26000 USD
us-gaap Net Income Loss
NetIncomeLoss
-73023000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
327721000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
331446000 USD
rdfn Temporary Equity Stock Issued During Period Shares New Issues
TemporaryEquityStockIssuedDuringPeriodSharesNewIssues
40000 shares
us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
39812000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
69701000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3436000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
11502000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
10987000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
27477000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
266000 USD
us-gaap Net Income Loss
NetIncomeLoss
-32562000 USD
CY2020Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40000 shares
CY2020Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
39812000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
400279000 USD
CY2020Q3 rdfn Employee Retention Credit Cares Act
EmployeeRetentionCreditCARESAct
56000 USD
rdfn Employee Retention Credit Cares Act
EmployeeRetentionCreditCARESAct
1348000 USD
us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#231f20;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:125%">Use of Estimates</span><span style="color:#231f20;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:125%">—</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:125%">The preparation of consolidated financial statements, in conformity with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and results of operations during the respective periods. We evaluate our estimates on an ongoing basis. In January 2020 we adopted ASU 2016-13, </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:125%">Financial Instruments—Credit Losses (Topic 326), </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:125%">which </span>modifies the measurement of credit losses on financial instruments. As part of the adoption we estimated the current expected credit losses for certain classes of relevant assets. The amounts realized from the affected assets will depend on, among other factors, general business conditions, including the impacts from COVID-19, and could differ in the near term from carrying amounts reflected in the consolidated financial statements. Further description of the impact of this pronouncement is included in "—Recently Adopted Accounting Pronouncements."
rdfn Number Of Types Of Investments
NumberOfTypesOfInvestments
2 investment_type
CY2020Q3 us-gaap Advertising Expense
AdvertisingExpense
9374000 USD
CY2019Q3 us-gaap Advertising Expense
AdvertisingExpense
5279000 USD
us-gaap Advertising Expense
AdvertisingExpense
38961000 USD
us-gaap Advertising Expense
AdvertisingExpense
59357000 USD
CY2020Q3 rdfn Advertising Production Costs
AdvertisingProductionCosts
8000 USD
CY2019Q3 rdfn Advertising Production Costs
AdvertisingProductionCosts
17000 USD
rdfn Advertising Production Costs
AdvertisingProductionCosts
209000 USD
rdfn Advertising Production Costs
AdvertisingProductionCosts
166000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
5 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
236916000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
238683000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
641576000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
546605000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
143844000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
185306000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
489586000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
442127000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
93072000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
53377000 USD
us-gaap Gross Profit
GrossProfit
151990000 USD
us-gaap Gross Profit
GrossProfit
104478000 USD
CY2020Q3 us-gaap Operating Expenses
OperatingExpenses
56063000 USD
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
45941000 USD
us-gaap Operating Expenses
OperatingExpenses
176837000 USD
us-gaap Operating Expenses
OperatingExpenses
176913000 USD
CY2020Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
319000 USD
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1576000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
1859000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
5804000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
2522000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
2274000 USD
us-gaap Interest Expense
InterestExpense
7631000 USD
us-gaap Interest Expense
InterestExpense
6564000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-640000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
44000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1943000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
172000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
34166000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
6782000 USD
us-gaap Net Income Loss
NetIncomeLoss
-32562000 USD
us-gaap Net Income Loss
NetIncomeLoss
-73023000 USD
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
430000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
12827000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
11299000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-397000 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1561000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome
1131000 USD
CY2020Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
2000000 USD
CY2020Q3 us-gaap Impairment Of Investments
ImpairmentOfInvestments
499000 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
1919000 USD
CY2020Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
16393000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
0 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
46550000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
0 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
22000 USD
CY2020Q3 us-gaap Interest Receivable
InterestReceivable
103000 USD
CY2019Q4 us-gaap Interest Receivable
InterestReceivable
183000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2020Q3 us-gaap Inventory Real Estate Held For Sale
InventoryRealEstateHeldForSale
12089000 USD
CY2019Q4 us-gaap Inventory Real Estate Held For Sale
InventoryRealEstateHeldForSale
36982000 USD
CY2020Q3 rdfn Inventory Real Estate Not Available For Sale
InventoryRealEstateNotAvailableForSale
907000 USD
CY2019Q4 rdfn Inventory Real Estate Not Available For Sale
InventoryRealEstateNotAvailableForSale
3163000 USD
CY2020Q3 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
11997000 USD
CY2019Q4 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
34445000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
24993000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
74590000 USD
CY2020Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
56000 USD
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
143000 USD
rdfn Inventory Net Additions
InventoryNetAdditions
101759000 USD
rdfn Inventory Net Additions
InventoryNetAdditions
207011000 USD
rdfn Inventory Net Sales
InventoryNetSales
-149676000 USD
rdfn Inventory Net Sales
InventoryNetSales
-125965000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
80996000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
68624000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
38786000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
29047000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42210000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
39577000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
3594000 USD
CY2019Q3 us-gaap Depreciation
Depreciation
2453000 USD
us-gaap Depreciation
Depreciation
10215000 USD
us-gaap Depreciation
Depreciation
6018000 USD
CY2020Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2773000 USD
CY2019Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2620000 USD
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
8286000 USD
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
6595000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3210000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2894000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
9679000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
8389000 USD
CY2020Q3 rdfn Finance Lease Cost
FinanceLeaseCost
19000 USD
CY2019Q3 rdfn Finance Lease Cost
FinanceLeaseCost
0 USD
rdfn Finance Lease Cost
FinanceLeaseCost
58000 USD
rdfn Finance Lease Cost
FinanceLeaseCost
0 USD
CY2020Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
218000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
399000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
712000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1889000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3886000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
15000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
15235000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
60000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14523000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
60000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
13521000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
45000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
12222000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
22161000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
81548000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
180000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
18437000 USD
CY2020Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
12000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
63111000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
168000 USD
rdfn Operating Lease Capitalized Interest Expense
OperatingLeaseCapitalizedInterestExpense
7967000 USD
rdfn Financing Lease Capitalized Interest Expense
FinancingLeaseCapitalizedInterestExpense
12000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M6D
CY2020Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M18D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044
CY2020Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.054
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.054
us-gaap Operating Lease Payments
OperatingLeasePayments
10584000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
7040000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
7000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 USD
rdfn Finance Lease Cash Flows From Finance Lease Excluding Principal Payments And Interest
FinanceLeaseCashFlowsFromFinanceLeaseExcludingPrincipalPaymentsAndInterest
38000 USD
rdfn Finance Lease Cash Flows From Finance Lease Excluding Principal Payments And Interest
FinanceLeaseCashFlowsFromFinanceLeaseExcludingPrincipalPaymentsAndInterest
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
354000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
50263000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2020Q2 us-gaap Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
2 complaint
CY2020Q3 rdfn Lessee Lease Liability Payments Remainder Of Fiscal Year
LesseeLeaseLiabilityPaymentsRemainderOfFiscalYear
3901000 USD
CY2020Q3 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
23580000 USD
CY2020Q3 rdfn Lessee Lease Liability Payments Due Year Two
LesseeLeaseLiabilityPaymentsDueYearTwo
15295000 USD
CY2020Q3 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
6244000 USD
CY2020Q3 rdfn Lessee Lease Liability Payments Due Year Three
LesseeLeaseLiabilityPaymentsDueYearThree
14583000 USD
CY2020Q3 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
6602000 USD
CY2020Q3 rdfn Lessee Lease Liability Payments Due Year Four
LesseeLeaseLiabilityPaymentsDueYearFour
13566000 USD
CY2020Q3 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2318000 USD
CY2020Q3 rdfn Lessee Lease Liability Payments Due Year Five And Thereafter
LesseeLeaseLiabilityPaymentsDueYearFiveAndThereafter
34383000 USD
CY2020Q3 rdfn Other Commitment Duein Fifth Yearand Thereafter
OtherCommitmentDueinFifthYearandThereafter
0 USD
CY2020Q3 rdfn Lessee Lease Liability Payments Due
LesseeLeaseLiabilityPaymentsDue
81728000 USD
CY2020Q3 us-gaap Other Commitment
OtherCommitment
36426000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4880000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2928000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1952000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4880000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2562000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
122000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
122000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
366000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
366000 USD
CY2020Q3 rdfn Finite Lived Intangible Assets Amortization Expense Next Five Years
FiniteLivedIntangibleAssetsAmortizationExpenseNextFiveYears
1952000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
488000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
44232000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
30462000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
13285000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7560000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
57517000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
38022000 USD
CY2020Q3 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
9206000 USD
CY2019Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
7109000 USD
CY2020Q3 rdfn Miscellaneous Other Payables Current
MiscellaneousOtherPayablesCurrent
1344000 USD
CY2019Q4 rdfn Miscellaneous Other Payables Current
MiscellaneousOtherPayablesCurrent
775000 USD
CY2020Q3 rdfn Other Payables Current
OtherPayablesCurrent
10550000 USD
CY2019Q4 rdfn Other Payables Current
OtherPayablesCurrent
7884000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
110000000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
110000000 USD
CY2020Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
39812000 USD
CY2020Q3 rdfn Temporary Equity Dividends Shares
TemporaryEquityDividendsShares
30640 shares
CY2020Q2 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
2622177 shares
us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.00055
us-gaap Preferred Stock Dividend Rate Per Dollar Amount
PreferredStockDividendRatePerDollarAmount
17.95
CY2020Q3 rdfn Temporary Equity Conversion Price Ratio Denominator
TemporaryEquityConversionPriceRatioDenominator
19.51 USD
rdfn Temporary Equity Conversion Stock Price Trigger
TemporaryEquityConversionStockPriceTrigger
27.32
rdfn Temporary Equity Threshold Consecutive Trading Days
TemporaryEquityThresholdConsecutiveTradingDays
30 numberOfTradingDays
rdfn Temporary Equity Threshold Consecutive Trading Days
TemporaryEquityThresholdConsecutiveTradingDays
30 numberOfTradingDays
rdfn Temporary Equity Threshold Consecutive Trading Days
TemporaryEquityThresholdConsecutiveTradingDays
30 numberOfTradingDays
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2020Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q3 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2020Q3 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2020Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2020Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7792181 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.00
CY2020Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y3M10D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
111122000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1825684 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
6.30
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
31990 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
8.92
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
10294 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
8.98
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5924213 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.20
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y7M28D
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
253117000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
5635344 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.59
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y6M3D
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
244262000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
1232000 USD
CY2020Q3 rdfn Sharebased Compensation Arrangementby Sharebased Payment Award Options Exercisedin Period Grant Date Fair Value
SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsExercisedinPeriodGrantDateFairValue
9775000 USD
CY2019Q3 rdfn Sharebased Compensation Arrangementby Sharebased Payment Award Options Exercisedin Period Grant Date Fair Value
SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsExercisedinPeriodGrantDateFairValue
6205000 USD
rdfn Sharebased Compensation Arrangementby Sharebased Payment Award Options Exercisedin Period Grant Date Fair Value
SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsExercisedinPeriodGrantDateFairValue
27640000 USD
rdfn Sharebased Compensation Arrangementby Sharebased Payment Award Options Exercisedin Period Grant Date Fair Value
SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsExercisedinPeriodGrantDateFairValue
19021000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
21400000 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3426000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
47875000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
17509000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11348000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7510000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
25764000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19792000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
563000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
370000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1714000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
931000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
34166000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
6782000 USD
us-gaap Net Income Loss
NetIncomeLoss
-32562000 USD
us-gaap Net Income Loss
NetIncomeLoss
-73023000 USD
CY2020Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1530000 USD
CY2019Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
0 USD
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
2814000 USD
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
0 USD
CY2020Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-653000 USD
CY2019Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31983000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
31983000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6782000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
6782000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-35376000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-35376000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-73023000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-73023000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
99840144 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91994731 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97365122 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91279086 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7767567 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5176539 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107607711 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97171270 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97365122 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91279086 shares
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.80
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.80
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6745398 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1744366 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
16732739 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12922524 shares
CY2020Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2017Q3 rdfn Operating Loss Carryforwards Limitations On Use Value
OperatingLossCarryforwardsLimitationsOnUseValue
1538000 USD
us-gaap Debt Instrument Convertible If Converted Value In Excess Of Principal
DebtInstrumentConvertibleIfConvertedValueInExcessOfPrincipal
91190000 USD

Files In Submission

Name View Source Status
0001382821-20-000224-index-headers.html Edgar Link pending
0001382821-20-000224-index.html Edgar Link pending
0001382821-20-000224.txt Edgar Link pending
0001382821-20-000224-xbrl.zip Edgar Link pending
ex10110qq32020.htm Edgar Link pending
ex31110qq32020.htm Edgar Link pending
ex31210qq32020.htm Edgar Link pending
ex32110qq32020.htm Edgar Link pending
ex32210qq32020.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
rdfn-20200930.htm Edgar Link pending
rdfn-20200930.xsd Edgar Link pending
rdfn-20200930_cal.xml Edgar Link unprocessable
rdfn-20200930_def.xml Edgar Link unprocessable
rdfn-20200930_htm.xml Edgar Link completed
rdfn-20200930_lab.xml Edgar Link unprocessable
rdfn-20200930_pre.xml Edgar Link unprocessable
report.css Edgar Link pending
Show.js Edgar Link pending