2021 Q2 Form 10-Q Financial Statement

#000138282121000248 Filed on August 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2020 Q1
Revenue $471.3M $213.7M $191.0M
YoY Change 120.59% 8.03% 73.41%
Cost Of Revenue $345.2M $167.6M $178.1M
YoY Change 105.92% 12.17% 65.86%
Gross Profit $126.1M $46.04M $12.88M
YoY Change 173.98% -4.77% 367.82%
Gross Profit Margin 26.76% 21.55% 6.74%
Selling, General & Admin $115.0M $32.50M $50.04M
YoY Change 253.69% -27.29% -8.44%
% of Gross Profit 91.14% 70.6% 388.5%
Research & Development $41.49M $17.96M $20.27M
YoY Change 130.99% 11.82% 30.33%
% of Gross Profit 32.89% 39.01% 157.42%
Depreciation & Amortization $4.751M $3.435M $3.307M
YoY Change 38.31% 67.64% 102.02%
% of Gross Profit 3.77% 7.46% 25.68%
Operating Expenses $156.5M $50.47M $70.31M
YoY Change 210.02% -16.95% 0.15%
Operating Profit -$30.32M -$4.426M -$57.43M
YoY Change 584.98% -64.37% -14.86%
Interest Expense $2.813M $2.665M $2.444M
YoY Change 5.55% 23.78% 14.42%
% of Operating Profit
Other Income/Expense, Net $65.00K $43.00K -$1.346M
YoY Change 51.16% 19.44% -1563.04%
Pretax Income -$32.93M -$6.600M -$60.10M
YoY Change 398.94% -47.62% -10.57%
Income Tax -$5.052M $0.00
% Of Pretax Income
Net Earnings -$27.88M -$6.611M -$60.12M
YoY Change 321.69% -47.64% -10.51%
Net Earnings / Revenue -5.91% -3.09% -31.48%
Basic Earnings Per Share -$0.29 -$0.08 -$0.64
Diluted Earnings Per Share -$0.29 -$0.08 -$0.64
COMMON SHARES
Basic Shares Outstanding 104.4M shares 98.79M shares 93.44M shares
Diluted Shares Outstanding 104.4M shares 98.79M shares 93.44M shares

Balance Sheet

Concept 2021 Q2 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $765.0M $453.4M $289.0M
YoY Change 68.72% 63.98% -26.95%
Cash & Equivalents $735.4M $325.4M $213.9M
Short-Term Investments $29.61M $128.1M $75.05M
Other Short-Term Assets $7.152M $4.555M $5.243M
YoY Change 57.01% -22.27% -78.24%
Inventory $249.0M $9.437M $70.65M
Prepaid Expenses $18.03M $7.624M $9.555M
Receivables $84.76M $34.18M $21.82M
Other Receivables $0.00 $42.40M $44.30M
Total Short-Term Assets $1.228B $586.7M $457.4M
YoY Change 109.27% 27.07% -6.66%
LONG-TERM ASSETS
Property, Plant & Equipment $53.91M $41.41M $40.50M
YoY Change 30.17% 16.09% 32.26%
Goodwill $407.2M
YoY Change
Intangibles $203.8M
YoY Change
Long-Term Investments $36.09M $18.80M $26.70M
YoY Change 91.94% -46.29%
Other Assets $14.06M $9.430M $8.923M
YoY Change 49.09% -11.26% -5.1%
Total Long-Term Assets $773.2M $128.6M $137.5M
YoY Change 501.28% -6.7% 62.46%
TOTAL ASSETS
Total Short-Term Assets $1.228B $586.7M $457.4M
Total Long-Term Assets $773.2M $128.6M $137.5M
Total Assets $2.001B $715.3M $594.8M
YoY Change 179.74% 19.31% 3.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.10M $3.389M $2.909M
YoY Change 669.99% -19.63% -83.41%
Accrued Expenses $102.3M $48.97M $58.46M
YoY Change 109.01% -14.73% 8.12%
Deferred Revenue
YoY Change
Short-Term Debt $170.2M $47.80M $51.50M
YoY Change 256.06% 62.59% 238.82%
Long-Term Debt Due $23.43M
YoY Change
Total Short-Term Liabilities $354.1M $139.4M $136.1M
YoY Change 154.05% 18.03% 31.37%
LONG-TERM LIABILITIES
Long-Term Debt $1.212B $122.9M $121.3M
YoY Change 885.77% 5.4% 5.39%
Other Long-Term Liabilities $60.96M $54.40M $57.30M
YoY Change 12.06% 3.42% 37.74%
Total Long-Term Liabilities $1.272B $177.3M $178.6M
YoY Change 617.7% 4.79% 13.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $354.1M $139.4M $136.1M
Total Long-Term Liabilities $1.272B $177.3M $178.6M
Total Liabilities $1.636B $320.3M $314.6M
YoY Change 410.69% 11.47% 20.9%
SHAREHOLDERS EQUITY
Retained Earnings -$326.2M -$318.5M -$311.9M
YoY Change 2.42% 27.01% 30.96%
Common Stock $105.0K $99.00K $94.00K
YoY Change 6.06% 7.61% 3.3%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $325.6M $355.3M $280.2M
YoY Change
Total Liabilities & Shareholders Equity $2.001B $715.3M $594.8M
YoY Change 179.74% 19.31% 3.52%

Cashflow Statement

Concept 2021 Q2 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income -$27.88M -$6.611M -$60.12M
YoY Change 321.69% -47.64% -10.51%
Depreciation, Depletion And Amortization $4.751M $3.435M $3.307M
YoY Change 38.31% 67.64% 102.02%
Cash From Operating Activities -$162.9M $52.19M -$43.45M
YoY Change -412.07% -154.11% -7.86%
INVESTING ACTIVITIES
Capital Expenditures -$8.290M -$2.660M $3.406M
YoY Change 211.65% -58.11% 8.09%
Acquisitions
YoY Change
Other Investing Activities -$526.2M -$45.13M -$60.00K
YoY Change 1065.98% -35.72%
Cash From Investing Activities -$534.5M -$47.79M -$3.468M
YoY Change 1018.45% -37.59% 10.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 142.0M 125.3M $30.21M
YoY Change 13.31% 379.68% 74.18%
NET CHANGE
Cash From Operating Activities -162.9M 52.19M -$43.45M
Cash From Investing Activities -534.5M -47.79M -$3.468M
Cash From Financing Activities 142.0M 125.3M $30.21M
Net Change In Cash -555.4M 129.7M -$16.74M
YoY Change -528.05% -188.32% -49.23%
FREE CASH FLOW
Cash From Operating Activities -$162.9M $52.19M -$43.45M
Capital Expenditures -$8.290M -$2.660M $3.406M
Free Cash Flow -$154.6M $54.85M -$46.86M
YoY Change -381.82% -160.88% -6.86%

Facts In Submission

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CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.65
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.65
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.65
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.71
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
104391337 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104391337 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
98785318 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103912212 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
103912212 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96114012 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96114012 shares
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
0 USD
CY2020Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
3000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
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CY2021Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
84000 USD
CY2020Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
134000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
421000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
NetIncomeLoss
-66728000 USD
us-gaap Net Income Loss
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18018000 USD
us-gaap Depreciation Depletion And Amortization
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6865000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
26327000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
14416000 USD
us-gaap Amortization Of Financing Costs And Discounts
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2203000 USD
us-gaap Amortization Of Financing Costs And Discounts
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3477000 USD
rdfn Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
5448000 USD
rdfn Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
4522000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
1420000 USD
rdfn Gain Loss On Interest Rate Lock Commitments Forward Sales Commitments And Fair Value Adjustment Of Loans Held For Sale
GainLossOnInterestRateLockCommitmentsForwardSalesCommitmentsAndFairValueAdjustmentOfLoansHeldForSale
238000 USD
rdfn Gain Loss On Interest Rate Lock Commitments Forward Sales Commitments And Fair Value Adjustment Of Loans Held For Sale
GainLossOnInterestRateLockCommitmentsForwardSalesCommitmentsAndFairValueAdjustmentOfLoansHeldForSale
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us-gaap Other Operating Activities Cash Flow Statement
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169000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
22312000 USD
us-gaap Increase Decrease In Accounts Receivable
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14959000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
199845000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7137000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
15766000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1040000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
26915000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
13819000 USD
rdfn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-6144000 USD
rdfn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
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us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
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us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
294076000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
478652000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
274595000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8744000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13580000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6072000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
104877000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
88724000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
89536000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
3183000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
92843000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
40351000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
608000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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rdfn Proceeds From Issuance Of Temporary Equity
ProceedsFromIssuanceOfTemporaryEquity
0 USD
rdfn Proceeds From Issuance Of Temporary Equity
ProceedsFromIssuanceOfTemporaryEquity
39801000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
69701000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12496000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11052000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
16530000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6065000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
464250000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
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290891000 USD
us-gaap Repayments Of Unsecured Debt
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456854000 USD
us-gaap Repayments Of Unsecured Debt
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271627000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
230608000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
39587000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
130788000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
36816000 USD
us-gaap Proceeds From Convertible Debt
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561529000 USD
us-gaap Proceeds From Convertible Debt
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0 USD
rdfn Purchase Of Capped Call Related To Convertible Debt
PurchaseOfCappedCallRelatedToConvertibleDebt
62647000 USD
rdfn Purchase Of Capped Call Related To Convertible Debt
PurchaseOfCappedCallRelatedToConvertibleDebt
0 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
1925000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
rdfn Proceeds From Customer Escrow Deposits
ProceedsFromCustomerEscrowDeposits
97000 USD
rdfn Proceeds From Customer Escrow Deposits
ProceedsFromCustomerEscrowDeposits
19056000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
353000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
30000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
305000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
599578000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
155546000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
113006000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
945820000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
247448000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
787682000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
360454000 USD
us-gaap Interest Paid Net
InterestPaidNet
2038000 USD
us-gaap Interest Paid Net
InterestPaidNet
2133000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1717000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1151000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1013000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1492000 USD
rdfn Leasehold Improvements Paid Directly By Lessor
LeaseholdImprovementsPaidDirectlyByLessor
1334000 USD
rdfn Leasehold Improvements Paid Directly By Lessor
LeaseholdImprovementsPaidDirectlyByLessor
0 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
343632000 USD
CY2021Q2 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
0 USD
CY2021Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
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CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
5670000 USD
CY2021Q2 rdfn Adjustments To Additional Paid In Capital Purchase Of Capped Calls Related To Convertible Debt
AdjustmentsToAdditionalPaidInCapitalPurchaseOfCappedCallsRelatedToConvertibleDebt
8168000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14729000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
325596000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
590557000 USD
rdfn Temporary Equity Stock Issued During Period Shares New Issues
TemporaryEquityStockIssuedDuringPeriodSharesNewIssues
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us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
23000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
7299000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5200000 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
16530000 USD
rdfn Adjustments To Additional Paid In Capital Purchase Of Capped Calls Related To Convertible Debt
AdjustmentsToAdditionalPaidInCapitalPurchaseOfCappedCallsRelatedToConvertibleDebt
62647000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
53000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
28044000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-134000 USD
us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
325596000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
280186000 USD
CY2020Q2 rdfn Temporary Equity Stock Issued During Period Shares New Issues
TemporaryEquityStockIssuedDuringPeriodSharesNewIssues
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CY2020Q2 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
39801000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
69701000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3436000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3589000 USD
CY2020Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2758000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7851000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-134000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-6611000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
355260000 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
39801000 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
7504000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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6065000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
15567000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
399000 USD
us-gaap Net Income Loss
NetIncomeLoss
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CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
355260000 USD
us-gaap Use Of Estimates
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<span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—The preparation of consolidated financial statements, in conformity with GAAP, requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and results of operations during the respective periods. Our estimates include, but are not limited to, the valuation of deferred income taxes, stock-based compensation, net realizable value of inventory, capitalization of website and software development costs, the incremental borrowing rate for the determination of the present value of lease payments, recoverability of intangible assets with finite lives, fair value of our mortgage loans held for sale, fair value of interest rate lock commitments, and forward sales commitments, fair value of reporting units for purposes of evaluating goodwill for impairment, current expected credit losses on certain financial assets, the fair value of the convertible feature related to our convertible senior notes, and the fair value of assets acquired and liabilities assumed in connection with our acquisition of RentPath. The amounts ultimately realized from the affected assets or ultimately recognized as liabilities will depend on, among other factors, general business conditions and could differ materially in the near term from the carrying amounts reflected in the consolidated financial statements.</span>
CY2020Q4 us-gaap Convertible Debt Current
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22482000 USD
CY2021Q1 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
25205000 USD
CY2020Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
488268000 USD
CY2021Q1 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
648023000 USD
CY2020Q4 us-gaap Additional Paid In Capital
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860556000 USD
CY2021Q1 us-gaap Additional Paid In Capital
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690316000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
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-270313000 USD
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-262551000 USD
CY2021Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5616000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
7723000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
6 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
471315000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
213665000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
739634000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
404660000 USD
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
345179000 USD
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
167626000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
571140000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
345742000 USD
CY2021Q2 us-gaap Gross Profit
GrossProfit
126136000 USD
CY2020Q2 us-gaap Gross Profit
GrossProfit
46039000 USD
us-gaap Gross Profit
GrossProfit
168494000 USD
us-gaap Gross Profit
GrossProfit
58918000 USD
CY2021Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
135000 USD
CY2020Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
437000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
293000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
1540000 USD
CY2021Q2 us-gaap Interest Expense
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2813000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
2665000 USD
us-gaap Interest Expense
InterestExpense
4151000 USD
us-gaap Interest Expense
InterestExpense
5109000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5052000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5052000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
65000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
43000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-27000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1303000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-27878000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-6611000 USD
us-gaap Net Income Loss
NetIncomeLoss
-63662000 USD
us-gaap Net Income Loss
NetIncomeLoss
-66728000 USD
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1771000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
10674000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
10708000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
235000 USD
CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1972000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome
201000 USD
CY2021Q2 us-gaap Share Price
SharePrice
63.41
CY2021Q2 us-gaap Interest Receivable
InterestReceivable
90000 USD
CY2020Q4 us-gaap Interest Receivable
InterestReceivable
108000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2021Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2021Q2 us-gaap Inventory Real Estate Held For Sale
InventoryRealEstateHeldForSale
90391000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
209000 USD
CY2020Q4 us-gaap Inventory Real Estate Held For Sale
InventoryRealEstateHeldForSale
17153000 USD
CY2021Q2 rdfn Inventory Real Estate Not Available For Sale
InventoryRealEstateNotAvailableForSale
45132000 USD
CY2020Q4 rdfn Inventory Real Estate Not Available For Sale
InventoryRealEstateNotAvailableForSale
7225000 USD
CY2021Q2 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
113480000 USD
CY2020Q4 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
24780000 USD
CY2021Q2 us-gaap Inventory Net
InventoryNet
249003000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
49158000 USD
CY2021Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
862000 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
29000 USD
rdfn Inventory Net Additions
InventoryNetAdditions
410960000 USD
rdfn Inventory Net Additions
InventoryNetAdditions
70052000 USD
rdfn Inventory Net Sales
InventoryNetSales
-213921000 USD
rdfn Inventory Net Sales
InventoryNetSales
-133172000 USD
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
49713000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
41614000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
53907000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
43988000 USD
CY2021Q2 us-gaap Depreciation
Depreciation
4751000 USD
CY2020Q2 us-gaap Depreciation
Depreciation
3435000 USD
us-gaap Depreciation
Depreciation
8970000 USD
us-gaap Depreciation
Depreciation
6621000 USD
CY2021Q2 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
5045000 USD
CY2020Q2 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2836000 USD
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
8410000 USD
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
5513000 USD
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
3976000 USD
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
3237000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
7417000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
6469000 USD
CY2021Q2 rdfn Finance Lease Cost
FinanceLeaseCost
161000 USD
CY2020Q2 rdfn Finance Lease Cost
FinanceLeaseCost
20000 USD
rdfn Finance Lease Cost
FinanceLeaseCost
226000 USD
rdfn Finance Lease Cost
FinanceLeaseCost
39000 USD
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
434000 USD
CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
247000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
726000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
473000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
8697000 USD
CY2021Q2 rdfn Lessee Lease Liability Payments Due Year Four
LesseeLeaseLiabilityPaymentsDueYearFour
11235000 USD
CY2021Q2 rdfn Lessee Operating Lease Liability Other Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityOtherPaymentsDueNextTwelveMonths
406000 USD
CY2021Q2 rdfn Lessee Lease Liability Payments Due Next Twelve Months
LesseeLeaseLiabilityPaymentsDueNextTwelveMonths
9312000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
16647000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
418000 USD
CY2021Q2 rdfn Lessee Operating Lease Liability Other Payments Due Year One
LesseeOperatingLeaseLiabilityOtherPaymentsDueYearOne
33000 USD
CY2021Q2 rdfn Lessee Lease Liability Payments Due Year One
LesseeLeaseLiabilityPaymentsDueYearOne
17098000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
15654000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
405000 USD
CY2021Q2 rdfn Lessee Operating Lease Liability Other Payments Due Year Two
LesseeOperatingLeaseLiabilityOtherPaymentsDueYearTwo
0 USD
CY2021Q2 rdfn Lessee Lease Liability Payments Due Year Two
LesseeLeaseLiabilityPaymentsDueYearTwo
16059000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14296000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
319000 USD
CY2021Q2 rdfn Lessee Operating Lease Liability Other Payments Due Year Three
LesseeOperatingLeaseLiabilityOtherPaymentsDueYearThree
0 USD
CY2021Q2 rdfn Lessee Lease Liability Payments Due Year Three
LesseeLeaseLiabilityPaymentsDueYearThree
14615000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11183000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
52000 USD
CY2021Q2 rdfn Lessee Operating Lease Liability Other Payments Due Year Four
LesseeOperatingLeaseLiabilityOtherPaymentsDueYearFour
0 USD
CY2021Q2 rdfn Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
16917000 USD
CY2021Q2 rdfn Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
0 USD
CY2021Q2 rdfn Lessee Operating Lease Liability Other Payments After Year Four
LesseeOperatingLeaseLiabilityOtherPaymentsAfterYearFour
0 USD
CY2021Q2 rdfn Lessee Lease Liability Payments Due After Year Four
LesseeLeaseLiabilityPaymentsDueAfterYearFour
16917000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
83394000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1403000 USD
CY2021Q2 rdfn Lessee Operating Lease Liability Other Payments Due
LesseeOperatingLeaseLiabilityOtherPaymentsDue
439000 USD
CY2021Q2 rdfn Lessee Lease Liability Payments Due
LesseeLeaseLiabilityPaymentsDue
85236000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
9087000 USD
CY2021Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
119000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
74307000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
1284000 USD
rdfn Operating Lease Capitalized Interest Expense
OperatingLeaseCapitalizedInterestExpense
2933000 USD
rdfn Financing Lease Capitalized Interest Expense
FinancingLeaseCapitalizedInterestExpense
59000 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y3M18D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y2M12D
CY2021Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M24D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044
CY2021Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.054
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.054
us-gaap Operating Lease Payments
OperatingLeasePayments
7654000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
6994000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
42000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5000 USD
rdfn Finance Lease Cash Flows From Finance Lease Excluding Principal Payments And Interest
FinanceLeaseCashFlowsFromFinanceLeaseExcludingPrincipalPaymentsAndInterest
122000 USD
rdfn Finance Lease Cash Flows From Finance Lease Excluding Principal Payments And Interest
FinanceLeaseCashFlowsFromFinanceLeaseExcludingPrincipalPaymentsAndInterest
25000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6139000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
214000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
768000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2021Q2 rdfn Lessee Lease Liability Payments Remainder Of Fiscal Year
LesseeLeaseLiabilityPaymentsRemainderOfFiscalYear
222444000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
215880000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12098000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
203782000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4880000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3050000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1830000 USD
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8926000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
122000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9048000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
244000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
17852000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
35705000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
35705000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
20458000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
15050000 USD
CY2021Q2 rdfn Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
79012000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
203782000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
9186000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
407228000 USD
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
72746000 USD
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
72746000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
49238000 USD
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16364000 USD
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16364000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9722000 USD
CY2021Q2 rdfn Accrued Payroll Taxes Current Cares Act
AccruedPayrollTaxesCurrentCARESAct
7841000 USD
CY2020Q4 rdfn Accrued Payroll Taxes Current Cares Act
AccruedPayrollTaxesCurrentCARESAct
6812000 USD
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
5394000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3688000 USD
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
102345000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
69460000 USD
us-gaap Preferred Stock Dividend Rate Per Dollar Amount
PreferredStockDividendRatePerDollarAmount
17.95
CY2021Q2 rdfn Temporary Equity Conversion Price Ratio Denominator
TemporaryEquityConversionPriceRatioDenominator
19.51 USD
us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.00055
CY2021Q2 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
15269000 USD
CY2020Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
11183000 USD
CY2021Q2 rdfn Miscellaneous Other Payables Current
MiscellaneousOtherPayablesCurrent
2098000 USD
CY2020Q4 rdfn Miscellaneous Other Payables Current
MiscellaneousOtherPayablesCurrent
2001000 USD
CY2021Q2 rdfn Other Payables Current
OtherPayablesCurrent
17367000 USD
CY2020Q4 rdfn Other Payables Current
OtherPayablesCurrent
13184000 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
CY2021Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
39846000 USD
CY2021Q2 rdfn Temporary Equity Dividends Shares
TemporaryEquityDividendsShares
30640 shares
CY2020Q2 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
2622177 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4489132 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.14
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y18D
rdfn Temporary Equity Conversion Stock Price Trigger
TemporaryEquityConversionStockPriceTrigger
27.32
rdfn Temporary Equity Threshold Consecutive Trading Days
TemporaryEquityThresholdConsecutiveTradingDays
30 tradingDay
rdfn Temporary Equity Threshold Consecutive Trading Days
TemporaryEquityThresholdConsecutiveTradingDays
30 tradingDay
rdfn Temporary Equity Threshold Consecutive Trading Days
TemporaryEquityThresholdConsecutiveTradingDays
30 tradingDay
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q2 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2020Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2021Q2 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5733738 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.23
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y4M20D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
352076000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1089203 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.77
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
290 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
10.80
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
5113 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
10.80
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4639132 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.80
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y2M4D
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
257994000 USD
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
252608000 USD
CY2021Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
189000 USD
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3699318 shares
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13743000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7205000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26327000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14416000 USD
CY2021Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
985000 USD
CY2020Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
647000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1717000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1151000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-27878000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-27878000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-6611000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-6611000 USD
us-gaap Net Income Loss
NetIncomeLoss
-63662000 USD
us-gaap Net Income Loss
NetIncomeLoss
-63662000 USD
us-gaap Net Income Loss
NetIncomeLoss
-66728000 USD
us-gaap Net Income Loss
NetIncomeLoss
-66728000 USD
CY2021Q2 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1878000 USD
CY2020Q2 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1284000 USD
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
4214000 USD
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1284000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-29756000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-29756000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-7895000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7895000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-67876000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-67876000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-68012000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-68012000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
104391337 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104391337 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
98785318 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
98785318 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103912212 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
103912212 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96114012 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96114012 shares
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.65
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.65
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.65
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.65
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.71
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.71
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26395602 shares
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12873233 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26395602 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12873233 shares
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5052000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0735
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2017Q1 rdfn Operating Loss Carryforwards Limitations On Use Value
OperatingLossCarryforwardsLimitationsOnUseValue
1538000 USD
CY2021Q2 rdfn Adjustments To Additional Paid In Capital Convertible Debt Capped Call Transaction
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtCappedCallTransaction
54450000 USD

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