2024 Q1 Form 10-K Financial Statement

#000138282124000027 Filed on February 27, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $225.5M $218.1M $976.7M
YoY Change -30.76% -54.54% -57.25%
Cost Of Revenue $154.7M $144.9M $646.9M
YoY Change -42.6% -67.23% -67.63%
Gross Profit $70.81M $73.15M $329.8M
YoY Change 25.98% 95.3% 15.3%
Gross Profit Margin 31.41% 33.54% 33.77%
Selling, General & Admin $92.75M $116.6M $356.7M
YoY Change -16.34% -13.07% -13.57%
% of Gross Profit 130.98% 159.45% 108.14%
Research & Development $46.43M $183.3M
YoY Change -3.66% -6.6%
% of Gross Profit 65.57% 55.57%
Depreciation & Amortization $14.40M $14.41M $62.85M
YoY Change -15.37% -17.52% -3.17%
% of Gross Profit 20.33% 19.7% 19.06%
Operating Expenses $140.1M $116.6M $547.9M
YoY Change -12.52% -13.07% -15.63%
Operating Profit -$69.26M -$43.49M -$218.1M
YoY Change -33.35% -55.04% -39.98%
Interest Expense $4.874M -$1.871M $9.524M
YoY Change 153.59% 703.0% -46.33%
% of Operating Profit
Other Income/Expense, Net -$333.0K -$1.848M -$2.385M
YoY Change 42.31% 166.67% -36.8%
Pretax Income -$66.95M -$22.80M -$125.4M
YoY Change 10.86% -63.37% -60.93%
Income Tax -$172.0K $97.00K $979.0K
% Of Pretax Income
Net Earnings -$66.77M -$23.11M -$130.0M
YoY Change 9.83% -62.77% -59.51%
Net Earnings / Revenue -29.61% -10.6% -13.31%
Basic Earnings Per Share -$0.57 -$1.16
Diluted Earnings Per Share -$0.57 -$0.20 -$1.16
COMMON SHARES
Basic Shares Outstanding 119.2M shares 115.2M shares 113.2M shares
Diluted Shares Outstanding 118.4M shares 113.2M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $107.1M $191.7M $191.7M
YoY Change -63.12% -47.06% -47.06%
Cash & Equivalents $107.1M $149.8M $149.8M
Short-Term Investments $0.00 $41.95M $41.95M
Other Short-Term Assets $11.87M $7.472M $201.6M
YoY Change -20.45% -14.02% -17.79%
Inventory
Prepaid Expenses $37.70M $33.30M
Receivables $54.84M $51.74M $51.74M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $378.3M $445.0M $445.0M
YoY Change -36.21% -42.68% -42.68%
LONG-TERM ASSETS
Property, Plant & Equipment $46.12M $46.43M $78.19M
YoY Change -12.24% -15.74% -19.5%
Goodwill $461.3M $461.3M
YoY Change 0.0% 0.0%
Intangibles $113.5M $123.3M
YoY Change -25.56% -24.03%
Long-Term Investments $0.00 $3.149M $3.149M
YoY Change -100.0% -89.32% -89.32%
Other Assets $10.01M $10.46M $10.46M
YoY Change -12.31% -7.03% -7.03%
Total Long-Term Assets $692.8M $708.6M $708.6M
YoY Change -9.01% -11.17% -11.17%
TOTAL ASSETS
Total Short-Term Assets $378.3M $445.0M $445.0M
Total Long-Term Assets $692.8M $708.6M $708.6M
Total Assets $1.071B $1.154B $1.154B
YoY Change -20.92% -26.72% -26.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.91M $10.51M $10.51M
YoY Change 56.68% -11.1% -11.1%
Accrued Expenses $106.5M $100.5M $100.5M
YoY Change 0.82% -18.45% -18.45%
Deferred Revenue
YoY Change
Short-Term Debt $156.6M $152.0M $152.0M
YoY Change -15.49% -20.23% -20.23%
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $284.5M $268.4M $268.4M
YoY Change -13.57% -24.31% -24.31%
LONG-TERM LIABILITIES
Long-Term Debt $765.3M $813.2M $813.2M
YoY Change -17.59% -24.58% -24.58%
Other Long-Term Liabilities $26.73M $29.08M $29.08M
YoY Change -25.25% -22.02% -22.02%
Total Long-Term Liabilities $792.1M $842.2M $842.2M
YoY Change -17.87% -24.49% -24.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $284.5M $268.4M $268.4M
Total Long-Term Liabilities $792.1M $842.2M $842.2M
Total Liabilities $1.077B $1.111B $1.111B
YoY Change -16.77% -24.44% -24.44%
SHAREHOLDERS EQUITY
Retained Earnings -$890.1M -$823.3M
YoY Change 18.03% 18.75%
Common Stock $119.0K $117.0K
YoY Change 8.18% 6.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$45.75M $2.748M $42.71M
YoY Change
Total Liabilities & Shareholders Equity $1.071B $1.154B $1.154B
YoY Change -20.92% -26.72% -26.72%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$66.77M -$23.11M -$130.0M
YoY Change 9.83% -62.77% -59.51%
Depreciation, Depletion And Amortization $14.40M $14.41M $62.85M
YoY Change -15.37% -17.52% -3.17%
Cash From Operating Activities -$45.98M -$34.67M $56.76M
YoY Change -272.18% -118.35% 40.17%
INVESTING ACTIVITIES
Capital Expenditures $3.558M $2.821M $12.06M
YoY Change 21.89% -30.09% -44.01%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $45.62M $2.340M $109.5M
YoY Change 1451.17% 190.32% -167.28%
Cash From Investing Activities $42.06M -$481.0K $97.48M
YoY Change 191090.91% -85.1% -152.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$38.68M 58.93M -$245.4M
YoY Change -66.82% -116.97% -26.1%
NET CHANGE
Cash From Operating Activities -$45.98M -34.67M $56.76M
Cash From Investing Activities $42.06M -481.0K $97.48M
Cash From Financing Activities -$38.68M 58.93M -$245.4M
Net Change In Cash -$42.60M 23.78M -$91.25M
YoY Change -52.61% -114.73% -80.83%
FREE CASH FLOW
Cash From Operating Activities -$45.98M -$34.67M $56.76M
Capital Expenditures $3.558M $2.821M $12.06M
Free Cash Flow -$49.54M -$37.49M $44.70M
YoY Change -308.27% -120.27% 135.77%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 us-gaap Investment Income Interest
InvestmentIncomeInterest
10532000 usd
CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
6639000 usd
CY2021 us-gaap Investment Income Interest
InvestmentIncomeInterest
635000 usd
CY2022 us-gaap Interest Expense
InterestExpense
8886000 usd
CY2021 us-gaap Interest Expense
InterestExpense
7491000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6107000 usd
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
104683460 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104683460 shares
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-109613000 usd
CY2022 rdfn Proceeds From Sale Of Mortgage Servicing Rights Msr Operating Activities
ProceedsFromSaleOfMortgageServicingRightsMSROperatingActivities
1662000 usd
CY2021 rdfn Proceeds From Sale Of Mortgage Servicing Rights Msr Operating Activities
ProceedsFromSaleOfMortgageServicingRightsMSROperatingActivities
0 usd
CY2023 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
3525987000 usd
CY2022 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
3949442000 usd
CY2023 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
3567066000 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
547874000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
609976000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-218055000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-300857000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-95835000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2472000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3059000 usd
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001382821
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023Q4 us-gaap Derivative Asset Statement Of Financial Position Extensible Enumeration
DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#OtherAssetsCurrent
CY2023Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
CY2022Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
CY2023Q4 us-gaap Finance Lease Liability Statement Of Financial Position Extensible List
FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList
CY2022Q4 us-gaap Finance Lease Liability Statement Of Financial Position Extensible List
FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Entity File Number
EntityFileNumber
001-38160
CY2023 dei Entity Registrant Name
EntityRegistrantName
Redfin Corporation
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
74-3064240
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
1099 Stewart Street
CY2023 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 600
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Seattle
CY2023 dei Entity Address State Or Province
EntityAddressStateOrProvince
WA
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
98101
CY2023 dei City Area Code
CityAreaCode
(206)
CY2023 dei Local Phone Number
LocalPhoneNumber
576-8610
CY2023 dei Security12b Title
Security12bTitle
Common Stock, $0.001 par value per share
CY2023 dei Trading Symbol
TradingSymbol
RDFN
CY2023 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
false
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
1353672542 usd
CY2024Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
119241526 shares
CY2023 dei Auditor Firm
AuditorFirmId
34
CY2023 dei Auditor Name
AuditorName
Deloitte & Touche LLP
CY2023 dei Auditor Location
AuditorLocation
Seattle, Washington
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
149759000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
232200000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
1241000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
2406000 usd
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
41952000 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
122259000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3234000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2223000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
51738000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
46375000 usd
CY2023Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
159587000 usd
CY2022Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
199604000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
33296000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
34006000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
7472000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
7449000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
132159000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
445045000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
776458000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
46431000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
54939000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
31763000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
40889000 usd
CY2023Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
32171000 usd
CY2022Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
36261000 usd
CY2023Q4 us-gaap Long Term Investments
LongTermInvestments
3149000 usd
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
29480000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
461349000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
461349000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
123284000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
162272000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
10456000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11247000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
0 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
1309000 usd
CY2023Q4 us-gaap Assets
Assets
1153648000 usd
CY2022Q4 us-gaap Assets
Assets
1574204000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
10507000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
11065000 usd
CY2023Q4 rdfn Accrued And Other Liabilities Current
AccruedAndOtherLiabilitiesCurrent
90360000 usd
CY2022Q4 rdfn Accrued And Other Liabilities Current
AccruedAndOtherLiabilitiesCurrent
106763000 usd
CY2023Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
151964000 usd
CY2022Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
190509000 usd
CY2023Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
0 usd
CY2022Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
23431000 usd
CY2023Q4 rdfn Operating And Finance Lease Liability Current
OperatingAndFinanceLeaseLiabilityCurrent
15609000 usd
CY2022Q4 rdfn Operating And Finance Lease Liability Current
OperatingAndFinanceLeaseLiabilityCurrent
18560000 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 usd
CY2022Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
4311000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
268440000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
354639000 usd
CY2023Q4 rdfn Operating And Finance Lease Liability Noncurrent
OperatingAndFinanceLeaseLiabilityNoncurrent
29084000 usd
CY2022Q4 rdfn Operating And Finance Lease Liability Noncurrent
OperatingAndFinanceLeaseLiabilityNoncurrent
36906000 usd
CY2023Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
688737000 usd
CY2022Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
1078157000 usd
CY2023Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
124416000 usd
CY2022Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
0 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
264000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
243000 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
0 usd
CY2022Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
392000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
1110941000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
1470337000 usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2022Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2023Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
40000 shares
CY2023Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40000 shares
CY2022Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
40000 shares
CY2022Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40000 shares
CY2023Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
39959000 usd
CY2022Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
39914000 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
117372171 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
117372171 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
109696178 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
109696178 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
117000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
110000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
826146000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
757951000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-182000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-801000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-823333000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-693307000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2748000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
63953000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1153648000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1574204000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
976672000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1099574000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1058638000 usd
CY2023 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
646853000 usd
CY2022 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
790455000 usd
CY2021 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
665419000 usd
CY2023 us-gaap Gross Profit
GrossProfit
329819000 usd
CY2022 us-gaap Gross Profit
GrossProfit
309119000 usd
CY2021 us-gaap Gross Profit
GrossProfit
393219000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
183294000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
178924000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
143481000 usd
CY2023 us-gaap Marketing Expense
MarketingExpense
117863000 usd
CY2022 us-gaap Marketing Expense
MarketingExpense
155309000 usd
CY2021 us-gaap Marketing Expense
MarketingExpense
136851000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
238790000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
243390000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
208722000 usd
CY2023 us-gaap Restructuring Charges
RestructuringCharges
7927000 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
32353000 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
489054000 usd
CY2023 us-gaap Interest Expense
InterestExpense
9524000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
979000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
116000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
94019000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
57193000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2385000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3770000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5360000 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-249797000 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-91224000 usd
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-18389000 usd
CY2023 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-127466000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-131100000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-131100000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-322703000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-116882000 usd
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-2.33
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.33
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.94
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.94
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.16
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.16
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.12
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.12
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113152752 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113152752 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107927464 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107927464 shares
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-130026000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-321143000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-109613000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-71000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
94000 usd
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
6000 usd
CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
690000 usd
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
533000 usd
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
379000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-129407000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-320516000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-109228000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-130026000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-321143000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
62851000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
64907000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
46906000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
70935000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
68257000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
54722000 usd
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3620000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
6137000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4989000 usd
CY2023 rdfn Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
16269000 usd
CY2022 rdfn Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
16234000 usd
CY2021 rdfn Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
11630000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1948000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1136000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023 rdfn Gain Loss On Interest Rate Lock Commitments Forward Sales Commitments And Fair Value Adjustment Of Loans Held For Sale
GainLossOnInterestRateLockCommitmentsForwardSalesCommitmentsAndFairValueAdjustmentOfLoansHeldForSale
-1992000 usd
CY2022 rdfn Gain Loss On Interest Rate Lock Commitments Forward Sales Commitments And Fair Value Adjustment Of Loans Held For Sale
GainLossOnInterestRateLockCommitmentsForwardSalesCommitmentsAndFairValueAdjustmentOfLoansHeldForSale
14427000 usd
CY2021 rdfn Gain Loss On Interest Rate Lock Commitments Forward Sales Commitments And Fair Value Adjustment Of Loans Held For Sale
GainLossOnInterestRateLockCommitmentsForwardSalesCommitmentsAndFairValueAdjustmentOfLoansHeldForSale
815000 usd
CY2023 rdfn Change In Fair Value Of Mortgage Servicing Rights Net Operating Activities
ChangeInFairValueOfMortgageServicingRightsNetOperatingActivities
3198000 usd
CY2022 rdfn Change In Fair Value Of Mortgage Servicing Rights Net Operating Activities
ChangeInFairValueOfMortgageServicingRightsNetOperatingActivities
-801000 usd
CY2021 rdfn Change In Fair Value Of Mortgage Servicing Rights Net Operating Activities
ChangeInFairValueOfMortgageServicingRightsNetOperatingActivities
0 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
94019000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
57193000 usd
CY2023 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-2113000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7149000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-243948000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
309063000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-6004000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5904000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
12248000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1323000 usd
CY2023 rdfn Increase Decrease In Accrued And Other Liabilities
IncreaseDecreaseInAccruedAndOtherLiabilities
-19085000 usd
CY2022 rdfn Increase Decrease In Accrued And Other Liabilities
IncreaseDecreaseInAccruedAndOtherLiabilities
-46454000 usd
CY2021 rdfn Increase Decrease In Accrued And Other Liabilities
IncreaseDecreaseInAccruedAndOtherLiabilities
25791000 usd
CY2023 rdfn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-18998000 usd
CY2022 rdfn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-18452000 usd
CY2021 rdfn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-13268000 usd
CY2023 rdfn Increase Decrease Payments To Acquire Mortgage Servicing Rights Msr
IncreaseDecreasePaymentsToAcquireMortgageServicingRightsMSR
-565000 usd
CY2022 rdfn Increase Decrease Payments To Acquire Mortgage Servicing Rights Msr
IncreaseDecreasePaymentsToAcquireMortgageServicingRightsMSR
-3140000 usd
CY2021 rdfn Increase Decrease Payments To Acquire Mortgage Servicing Rights Msr
IncreaseDecreasePaymentsToAcquireMortgageServicingRightsMSR
0 usd
CY2023 rdfn Proceeds From Sale Of Mortgage Servicing Rights Msr Operating Activities
ProceedsFromSaleOfMortgageServicingRightsMSROperatingActivities
1457000 usd
CY2021 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
986982000 usd
CY2022 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
4000582000 usd
CY2021 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
993070000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
56758000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
40491000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-301568000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12056000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21531000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27492000 usd
CY2023 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
76866000 usd
CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
182466000 usd
CY2021 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
146274000 usd
CY2023 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
124681000 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
17545000 usd
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
98687000 usd
CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
61723000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
99455000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
106773000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
97341000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
608000000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
97482000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-184338000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-576306000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
9613000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11528000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
22772000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
16348000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7498000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
27066000 usd
CY2023 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
3532119000 usd
CY2022 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
3938265000 usd
CY2021 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
942993000 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3570664000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3989407000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
948979000 usd
CY2023 us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
0 usd
CY2022 us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
565334000 usd
CY2021 us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
624828000 usd
CY2023 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 usd
CY2022 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
765114000 usd
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
448996000 usd
CY2023 rdfn Line Of Credit Facility Revolving Credit Facility Issuance Costs Paid
LineOfCreditFacilityRevolvingCreditFacilityIssuanceCostsPaid
0 usd
CY2022 rdfn Line Of Credit Facility Revolving Credit Facility Issuance Costs Paid
LineOfCreditFacilityRevolvingCreditFacilityIssuanceCostsPaid
733000 usd
CY2021 rdfn Line Of Credit Facility Revolving Credit Facility Issuance Costs Paid
LineOfCreditFacilityRevolvingCreditFacilityIssuanceCostsPaid
527000 usd
CY2023 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 usd
CY2021 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
561529000 usd
CY2023 rdfn Purchase Of Capped Call Related To Convertible Debt
PurchaseOfCappedCallRelatedToConvertibleDebt
0 usd
CY2022 rdfn Purchase Of Capped Call Related To Convertible Debt
PurchaseOfCappedCallRelatedToConvertibleDebt
0 usd
CY2021 rdfn Purchase Of Capped Call Related To Convertible Debt
PurchaseOfCappedCallRelatedToConvertibleDebt
62647000 usd
CY2023 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
CY2022 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
2159000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
89000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
855000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
796000 usd
CY2023 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
241808000 usd
CY2022 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
83614000 usd
CY2021 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
CY2023 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
23512000 usd
CY2022 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
CY2021 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
CY2023 rdfn Repayment Of Debt Principal Amount
RepaymentOfDebtPrincipalAmount
313000 usd
CY2022 rdfn Repayment Of Debt Principal Amount
RepaymentOfDebtPrincipalAmount
0 usd
CY2021 rdfn Repayment Of Debt Principal Amount
RepaymentOfDebtPrincipalAmount
0 usd
CY2023 rdfn Extinguishment Of Convertible Senior Notes Closing Of Term Loan
ExtinguishmentOfConvertibleSeniorNotesClosingOfTermLoan
57075000 usd
CY2022 rdfn Extinguishment Of Convertible Senior Notes Closing Of Term Loan
ExtinguishmentOfConvertibleSeniorNotesClosingOfTermLoan
0 usd
CY2021 rdfn Extinguishment Of Convertible Senior Notes Closing Of Term Loan
ExtinguishmentOfConvertibleSeniorNotesClosingOfTermLoan
0 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2338000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2023 rdfn Proceeds From Term Loans Financing
ProceedsFromTermLoansFinancing
125000000 usd
CY2022 rdfn Proceeds From Term Loans Financing
ProceedsFromTermLoansFinancing
0 usd
CY2021 rdfn Proceeds From Term Loans Financing
ProceedsFromTermLoansFinancing
0 usd
CY2023 rdfn Proceeds From Customer Escrow Deposits
ProceedsFromCustomerEscrowDeposits
0 usd
CY2022 rdfn Proceeds From Customer Escrow Deposits
ProceedsFromCustomerEscrowDeposits
0 usd
CY2021 rdfn Proceeds From Customer Escrow Deposits
ProceedsFromCustomerEscrowDeposits
-10611000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-245415000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-332094000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
650341000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-71000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-94000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-6000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-91246000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-476035000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-227539000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
242246000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
718281000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
945820000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
151000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
242246000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
718281000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
15589000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
20107000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
7592000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4003000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3660000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4059000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
34000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
99000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
659000 usd
CY2023 rdfn Leasehold Improvements Paid Directly By Lessor
LeaseholdImprovementsPaidDirectlyByLessor
20000 usd
CY2022 rdfn Leasehold Improvements Paid Directly By Lessor
LeaseholdImprovementsPaidDirectlyByLessor
118000 usd
CY2021 rdfn Leasehold Improvements Paid Directly By Lessor
LeaseholdImprovementsPaidDirectlyByLessor
1334000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
149759000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
232200000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
571384000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
1241000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
2406000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
5244000 usd
CY2023Q4 rdfn Cash Cash Equivalents And Restricted Cash Of Continuing Operations
CashCashEquivalentsAndRestrictedCashOfContinuingOperations
151000000 usd
CY2022Q4 rdfn Cash Cash Equivalents And Restricted Cash Of Continuing Operations
CashCashEquivalentsAndRestrictedCashOfContinuingOperations
234606000 usd
CY2021Q4 rdfn Cash Cash Equivalents And Restricted Cash Of Continuing Operations
CashCashEquivalentsAndRestrictedCashOfContinuingOperations
576628000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
151000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
242246000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
718281000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
590557000 usd
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
13787000 usd
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
8980000 usd
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 usd
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
27067000 usd
CY2021 rdfn Stock Issued During Period Shares Repurchase Of Convertible Securities
StockIssuedDuringPeriodSharesRepurchaseOfConvertibleSecurities
0 shares
CY2021 rdfn Adjustments To Additional Paid In Capital Purchase Of Capped Calls Related To Convertible Debt
AdjustmentsToAdditionalPaidInCapitalPurchaseOfCappedCallsRelatedToConvertibleDebt
-62647000 usd
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
-63000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
58781000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-385000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-109613000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
309852000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
6465000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4987000 usd
CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 usd
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
7498000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
71917000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-627000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-321143000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
63953000 usd
CY2023 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
7201000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2412000 usd
CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 usd
CY2023 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
16349000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
74938000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
619000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-130026000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2748000 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain amounts presented in the prior period consolidated statements of comprehensive loss have been reclassified to conform to the current period financial statement presentation. The change in classification does not affect previously reported total revenue or expenses in the consolidated statements of comprehensive loss.</span></div>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:36pt"><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, valuation of deferred income taxes, stock-based compensation, 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 (“LHFS”) and mortgage servicing rights, estimated useful life of intangible assets, fair value of reporting units for purposes of allocating and evaluating goodwill for impairment, and current expected credit losses on certain financial assets. 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></div>
CY2023 rdfn Material Classes Of Receivables
MaterialClassesOfReceivables
2 classofreceivable
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—Financial instruments that potentially subject us to concentrations of credit risk are primarily cash and cash equivalents and investments. We generally place our cash and cash equivalents and investments with major financial institutions we deem to be of high-credit-quality in order to limit our credit exposure. We maintain our cash accounts with financial institutions where deposits exceed federal insurance limits. Credit risk in regard to accounts receivable is spread across a large number of customers. At December 31, 2023 and 2022, no single customer had an accounts receivable balance greater than 10% of total accounts receivable.</span></div>
CY2023Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
3712000 usd
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2650000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
461349000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
461349000 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
100321000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
133593000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
119278000 usd
CY2023 rdfn Advertising Production Costs
AdvertisingProductionCosts
2983000 usd
CY2022 rdfn Advertising Production Costs
AdvertisingProductionCosts
3425000 usd
CY2021 rdfn Advertising Production Costs
AdvertisingProductionCosts
2303000 usd
CY2023 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
1948000 usd
CY2023 rdfn Operating Lease Number Of Subleases
OperatingLeaseNumberOfSubleases
2 sublease
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.03
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.66
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.66
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.18
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.18
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
5 segment
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
976672000 usd
CY2023 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
646853000 usd
CY2023 us-gaap Gross Profit
GrossProfit
329819000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
183294000 usd
CY2023 us-gaap Marketing Expense
MarketingExpense
117863000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
238790000 usd
CY2023 us-gaap Restructuring Charges
RestructuringCharges
7927000 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
547874000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-218055000 usd
CY2023 rdfn Operating And Nonoperating Income Expense Including Income Tax Expense Benefit Net
OperatingAndNonoperatingIncomeExpenseIncludingIncomeTaxExpenseBenefitNet
91663000 usd
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-126392000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1099574000 usd
CY2022 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
790455000 usd
CY2022 us-gaap Gross Profit
GrossProfit
309119000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
178924000 usd
CY2022 us-gaap Marketing Expense
MarketingExpense
155309000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
243390000 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
32353000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
609976000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-300857000 usd
CY2022 rdfn Operating And Nonoperating Income Expense Including Income Tax Expense Benefit Net
OperatingAndNonoperatingIncomeExpenseIncludingIncomeTaxExpenseBenefitNet
51060000 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-249797000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1058638000 usd
CY2021 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
665419000 usd
CY2021 us-gaap Gross Profit
GrossProfit
393219000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
143481000 usd
CY2021 us-gaap Marketing Expense
MarketingExpense
136851000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
208722000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
489054000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-95835000 usd
CY2021 rdfn Operating And Nonoperating Income Expense Including Income Tax Expense Benefit Net
OperatingAndNonoperatingIncomeExpenseIncludingIncomeTaxExpenseBenefitNet
4611000 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-91224000 usd
CY2023Q4 us-gaap Share Price
SharePrice
10.32
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
38684000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
77277000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
41000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
758000 usd
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
332000 usd
CY2022Q4 us-gaap Interest Receivable
InterestReceivable
576000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
89275000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
76597000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
46431000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
54939000 usd
CY2023 us-gaap Depreciation
Depreciation
23774000 usd
CY2022 us-gaap Depreciation
Depreciation
24403000 usd
CY2021 us-gaap Depreciation
Depreciation
18200000 usd
CY2023Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
16131000 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
18738000 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
17571000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
3025000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5055000 usd
CY2023 us-gaap Sublease Income
SubleaseIncome
1408000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
118000 usd
CY2023 rdfn Operating Lease Capitalized Interest Expense
OperatingLeaseCapitalizedInterestExpense
1581000 usd
CY2023 rdfn Financing Lease Capitalized Interest Expense
FinancingLeaseCapitalizedInterestExpense
5000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y2M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y4M24D
CY2022 us-gaap Sublease Income
SubleaseIncome
951000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
19990000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
20192000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
67000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
62000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
6000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
7000 usd
CY2023 rdfn Finance Lease Cost
FinanceLeaseCost
73000 usd
CY2022 rdfn Finance Lease Cost
FinanceLeaseCost
69000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
8000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
44575000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
17106000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
61000 usd
CY2023Q4 rdfn Lessee Operating Lease Liability Other Payments Due Year One
LesseeOperatingLeaseLiabilityOtherPaymentsDueYearOne
1834000 usd
CY2023Q4 rdfn Lessee Lease Liability Payments Due Year One
LesseeLeaseLiabilityPaymentsDueYearOne
19001000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
13381000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
38000 usd
CY2023Q4 rdfn Lessee Operating Lease Liability Other Payments Due Year Two
LesseeOperatingLeaseLiabilityOtherPaymentsDueYearTwo
484000 usd
CY2023Q4 rdfn Lessee Lease Liability Payments Due Year Two
LesseeLeaseLiabilityPaymentsDueYearTwo
13903000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
10513000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
16000 usd
CY2023Q4 rdfn Lessee Operating Lease Liability Other Payments Due Year Three
LesseeOperatingLeaseLiabilityOtherPaymentsDueYearThree
385000 usd
CY2023Q4 rdfn Lessee Lease Liability Payments Due Year Three
LesseeLeaseLiabilityPaymentsDueYearThree
10914000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5471000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
11000 usd
CY2023Q4 rdfn Lessee Operating Lease Liability Other Payments Due Year Four
LesseeOperatingLeaseLiabilityOtherPaymentsDueYearFour
320000 usd
CY2023Q4 rdfn Lessee Lease Liability Payments Due Year Four
LesseeLeaseLiabilityPaymentsDueYearFour
5802000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1130000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q4 rdfn Lessee Operating Lease Liability Other Payments Due Year Five
LesseeOperatingLeaseLiabilityOtherPaymentsDueYearFive
293000 usd
CY2023Q4 rdfn Lessee Lease Liability Payments Due Year Five
LesseeLeaseLiabilityPaymentsDueYearFive
1423000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
26000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 rdfn Lessee Operating Lease Liability Other Payments Due After Year Five
LesseeOperatingLeaseLiabilityOtherPaymentsDueAfterYearFive
250000 usd
CY2023Q4 rdfn Lessee Lease Liability Payments Due After Year Five
LesseeLeaseLiabilityPaymentsDueAfterYearFive
276000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
47627000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
126000 usd
CY2023Q4 rdfn Lessee Operating Lease Liability Other Payments Due
LesseeOperatingLeaseLiabilityOtherPaymentsDue
3566000 usd
CY2023Q4 rdfn Lessee Lease Liability Payments Due
LesseeLeaseLiabilityPaymentsDue
51319000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3052000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
123284000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
461349000 usd
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.054
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.054
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
21292000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
21504000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
6000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
8000 usd
CY2023 rdfn Finance Lease Cash Flows From Finance Lease Excluding Principal Payments And Interest
FinanceLeaseCashFlowsFromFinanceLeaseExcludingPrincipalPaymentsAndInterest
55000 usd
CY2022 rdfn Finance Lease Cash Flows From Finance Lease Excluding Principal Payments And Interest
FinanceLeaseCashFlowsFromFinanceLeaseExcludingPrincipalPaymentsAndInterest
48000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8597000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
132000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
62000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2020Q2 us-gaap Loss Contingency Patents Allegedly Infringed Number
LossContingencyPatentsAllegedlyInfringedNumber
4 patent
CY2022Q2 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
3000000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
24149000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
230390000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
107106000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
123284000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
230390000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
68118000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
162272000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
38988000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
38167000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
23741000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
17618000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
17380000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
15633000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
15050000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
33862000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
58836000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
74079000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
26037000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
27023000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
5487000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
5661000 usd
CY2023Q4 rdfn Accrued And Other Liabilities Current
AccruedAndOtherLiabilitiesCurrent
90360000 usd
CY2022Q4 rdfn Accrued And Other Liabilities Current
AccruedAndOtherLiabilitiesCurrent
106763000 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
CY2023Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
39959000 usd
CY2023 rdfn Temporary Equity Dividends Shares
TemporaryEquityDividendsShares
30640 shares
CY2020Q2 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
2622177 shares
CY2023 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.00055
CY2023 us-gaap Preferred Stock Dividend Rate Per Dollar Amount
PreferredStockDividendRatePerDollarAmount
17.95
CY2023 rdfn Dividend Rate Volume Weighted Average Closing Price Trading Days
DividendRateVolumeWeightedAverageClosingPriceTradingDays
10 d
CY2023Q4 rdfn Temporary Equity Conversion Price Ratio Denominator
TemporaryEquityConversionPriceRatioDenominator
19.51 usd
CY2023 rdfn Temporary Equity Conversion Stock Price Trigger
TemporaryEquityConversionStockPriceTrigger
27.32
CY2023 rdfn Temporary Equity Threshold Consecutive Trading Days
TemporaryEquityThresholdConsecutiveTradingDays
30 d
CY2023 rdfn Temporary Equity Threshold Consecutive Trading Days
TemporaryEquityThresholdConsecutiveTradingDays
30 d
CY2023 rdfn Temporary Equity Threshold Consecutive Trading Days
TemporaryEquityThresholdConsecutiveTradingDays
30 d
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2022Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2023Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3282789 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.10
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y10M24D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1145000 usd
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
801866 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.99
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
74470 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
8.97
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2406453 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.14
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y7M17D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3355000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2406453 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
11.14
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y7M17D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
3355000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
0 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
484000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
793000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4160000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5588000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
90920000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
70935000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
68257000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
54722000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4003000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3660000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4059000 usd
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-126392000 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-249797000 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-91224000 usd
CY2023 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1074000 usd
CY2022 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1560000 usd
CY2021 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
7269000 usd
CY2023 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-127466000 usd
CY2023 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-127466000 usd
CY2022 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-251357000 usd
CY2022 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-251357000 usd
CY2021 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-98493000 usd
CY2021 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-98493000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113152752 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113152752 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107927464 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107927464 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
104683460 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104683460 shares
CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.13
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.13
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-2.33
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.33
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.94
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.94
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28402390 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
35104832 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26686190 shares
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
160329000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
164242000 usd
CY2023Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
35402000 usd
CY2022Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
34445000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
23968000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
23240000 usd
CY2023Q4 rdfn Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
11472000 usd
CY2022Q4 rdfn Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
15019000 usd
CY2023Q4 rdfn Deferred Tax Assets Capitalized Research And Development Costs
DeferredTaxAssetsCapitalizedResearchAndDevelopmentCosts
50780000 usd
CY2022Q4 rdfn Deferred Tax Assets Capitalized Research And Development Costs
DeferredTaxAssetsCapitalizedResearchAndDevelopmentCosts
32216000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
15108000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
30719000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
297059000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
299881000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
257563000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
245212000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
39496000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
54669000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
29608000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
40069000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
8155000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
11225000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1997000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
3618000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
39760000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
54912000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
264000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
243000 usd
CY2017Q1 rdfn Operating Loss Carryforwards Limitations On Use Value
OperatingLossCarryforwardsLimitationsOnUseValue
1506000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0326
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0502
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0931
CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.0518
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.0324
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.1770
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.0036
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.0018
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.0014
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.0058
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.0177
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.0643
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.1162
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.2012
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.4433
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
-0.0082
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.0026
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
-0.0199
CY2023 rdfn Effective Income Tax Rate Reconciliation Acquisition Costs Percent
EffectiveIncomeTaxRateReconciliationAcquisitionCostsPercent
0
CY2022 rdfn Effective Income Tax Rate Reconciliation Acquisition Costs Percent
EffectiveIncomeTaxRateReconciliationAcquisitionCostsPercent
-0.0002
CY2021 rdfn Effective Income Tax Rate Reconciliation Acquisition Costs Percent
EffectiveIncomeTaxRateReconciliationAcquisitionCostsPercent
-0.0171
CY2023 rdfn Effective Income Tax Rate Reconciliation Expiration Of Tax Attribute Carryforwards Percent
EffectiveIncomeTaxRateReconciliationExpirationOfTaxAttributeCarryforwardsPercent
-0.0763
CY2022 rdfn Effective Income Tax Rate Reconciliation Expiration Of Tax Attribute Carryforwards Percent
EffectiveIncomeTaxRateReconciliationExpirationOfTaxAttributeCarryforwardsPercent
-0.0454
CY2021 rdfn Effective Income Tax Rate Reconciliation Expiration Of Tax Attribute Carryforwards Percent
EffectiveIncomeTaxRateReconciliationExpirationOfTaxAttributeCarryforwardsPercent
0
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0077
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0005
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0627
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
116000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
959000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1074000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1215000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
959000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1074000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1215000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
16000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
97000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1055000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-7322000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
20000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-958000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7322000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
979000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
116000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6107000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5809000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4692000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3105000 usd
CY2023 rdfn Unrecognized Tax Benefits Increase Decrease Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingFromPriorPeriodTaxPositions
-527000 usd
CY2022 rdfn Unrecognized Tax Benefits Increase Decrease Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingFromPriorPeriodTaxPositions
-210000 usd
CY2021 rdfn Unrecognized Tax Benefits Increase Decrease Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingFromPriorPeriodTaxPositions
32000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
709000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1327000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1555000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5991000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5809000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4692000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5991000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5809000 usd
CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 usd
CY2023Q4 rdfn Adjustments To Additional Paid In Capital Convertible Debt Capped Call Transaction
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtCappedCallTransaction
62647000 usd

Files In Submission

Name View Source Status
0001382821-24-000027-index-headers.html Edgar Link pending
0001382821-24-000027-index.html Edgar Link pending
0001382821-24-000027.txt Edgar Link pending
0001382821-24-000027-xbrl.zip Edgar Link pending
ex211202310-ksubsidiaries.htm Edgar Link pending
ex231202310-kauditorconsent.htm Edgar Link pending
ex3112023ceosox302certific.htm Edgar Link pending
ex3122023cfosox302certific.htm Edgar Link pending
ex3212023ceosox906certific.htm Edgar Link pending
ex3222023cfosox906certific.htm Edgar Link pending
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
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R9.htm Edgar Link pending
rdfn-20231231.htm Edgar Link pending
rdfn-20231231.xsd Edgar Link pending
rdfn-20231231_g1.jpg Edgar Link pending
rdfn-20231231_def.xml Edgar Link unprocessable
rdfn-20231231_htm.xml Edgar Link completed
report.css Edgar Link pending
Show.js Edgar Link pending
rdfn-20231231_lab.xml Edgar Link unprocessable
rdfn-20231231_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
rdfn-20231231_cal.xml Edgar Link unprocessable