2024 Q4 Form 10-Q Financial Statement

#000138282124000187 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $278.0M
YoY Change 3.37%
Cost Of Revenue $176.2M
YoY Change 3.24%
Gross Profit $101.9M
YoY Change 3.58%
Gross Profit Margin 36.64%
Selling, General & Admin $85.97M
YoY Change 8.18%
% of Gross Profit 84.4%
Research & Development $40.33M
YoY Change -9.15%
% of Gross Profit 39.59%
Depreciation & Amortization $4.779M
YoY Change 5.03%
% of Gross Profit 4.69%
Operating Expenses $128.8M
YoY Change 3.99%
Operating Profit -$26.95M
YoY Change 5.58%
Interest Expense $8.537M
YoY Change 432.56%
% of Operating Profit
Other Income/Expense, Net -$144.0K
YoY Change -8.86%
Pretax Income -$33.79M
YoY Change 80.72%
Income Tax -$12.00K
% Of Pretax Income
Net Earnings -$33.78M
YoY Change 78.06%
Net Earnings / Revenue -12.15%
Basic Earnings Per Share -$0.28
Diluted Earnings Per Share -$0.28
COMMON SHARES
Basic Shares Outstanding 124.0M shares 121.8M shares
Diluted Shares Outstanding 122.9M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $165.7M
YoY Change -1.16%
Cash & Equivalents $165.7M
Short-Term Investments $0.00
Other Short-Term Assets $20.51M
YoY Change 132.82%
Inventory
Prepaid Expenses $30.53M
Receivables $74.97M
Other Receivables $0.00
Total Short-Term Assets $504.8M
YoY Change 27.2%
LONG-TERM ASSETS
Property, Plant & Equipment $43.31M
YoY Change -10.52%
Goodwill $461.3M
YoY Change 0.0%
Intangibles $104.1M
YoY Change -21.73%
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $8.705M
YoY Change -19.82%
Total Long-Term Assets $646.3M
YoY Change -11.35%
TOTAL ASSETS
Total Short-Term Assets $504.8M
Total Long-Term Assets $646.3M
Total Assets $1.151B
YoY Change 2.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.28M
YoY Change 19.04%
Accrued Expenses $107.5M
YoY Change 9.28%
Deferred Revenue
YoY Change
Short-Term Debt $208.8M
YoY Change 57.84%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $337.5M
YoY Change 35.63%
LONG-TERM LIABILITIES
Long-Term Debt $815.3M
YoY Change 1.95%
Other Long-Term Liabilities $22.85M
YoY Change -27.22%
Total Long-Term Liabilities $838.1M
YoY Change 0.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $337.5M
Total Long-Term Liabilities $838.1M
Total Liabilities $1.176B
YoY Change 8.9%
SHAREHOLDERS EQUITY
Retained Earnings -$951.8M
YoY Change 18.91%
Common Stock $124.0K
YoY Change 7.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$65.19M
YoY Change
Total Liabilities & Shareholders Equity $1.151B
YoY Change 2.24%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$33.78M
YoY Change 78.06%
Depreciation, Depletion And Amortization $4.779M
YoY Change 5.03%
Cash From Operating Activities -$42.12M
YoY Change -141.07%
INVESTING ACTIVITIES
Capital Expenditures $2.189M
YoY Change -27.76%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$2.189M
YoY Change -103.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 7.569M
YoY Change -104.94%
NET CHANGE
Cash From Operating Activities -42.12M
Cash From Investing Activities -2.189M
Cash From Financing Activities 7.569M
Net Change In Cash -36.74M
YoY Change -715.38%
FREE CASH FLOW
Cash From Operating Activities -$42.12M
Capital Expenditures $2.189M
Free Cash Flow -$44.31M
YoY Change -144.52%

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CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q3 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
CY2024Q3 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2023Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40000 shares
CY2023Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
40000 shares
CY2024Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
39992000 usd
CY2023Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
39959000 usd
CY2024Q3 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 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
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
124000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
117000 usd
CY2024Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
886592000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
826146000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-140000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-182000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-951769000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-823333000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
-65193000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2748000 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1151073000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1153648000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
278015000 usd
CY2024Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
212921000 usd
CY2023Q4 us-gaap Assets
Assets
1153648000 usd
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
123945380 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
123945380 shares
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
268956000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
798697000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
758595000 usd
CY2024Q3 us-gaap Cost Of Revenue
CostOfRevenue
176152000 usd
CY2023Q3 us-gaap Cost Of Revenue
CostOfRevenue
170616000 usd
us-gaap Cost Of Revenue
CostOfRevenue
516436000 usd
us-gaap Cost Of Revenue
CostOfRevenue
501927000 usd
CY2024Q3 us-gaap Gross Profit
GrossProfit
101863000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
98340000 usd
us-gaap Gross Profit
GrossProfit
282261000 usd
us-gaap Gross Profit
GrossProfit
256668000 usd
CY2024Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
40332000 usd
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
44392000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
128976000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
139196000 usd
CY2024Q3 us-gaap Marketing Expense
MarketingExpense
27186000 usd
CY2023Q3 us-gaap Marketing Expense
MarketingExpense
24095000 usd
us-gaap Marketing Expense
MarketingExpense
92324000 usd
us-gaap Marketing Expense
MarketingExpense
97531000 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
58788000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
55380000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
181366000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
186584000 usd
CY2024Q3 us-gaap Restructuring Charges
RestructuringCharges
2509000 usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
0 usd
us-gaap Restructuring Charges
RestructuringCharges
4732000 usd
us-gaap Restructuring Charges
RestructuringCharges
7159000 usd
CY2024Q3 us-gaap Operating Expenses
OperatingExpenses
128815000 usd
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
123867000 usd
us-gaap Operating Expenses
OperatingExpenses
430470000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-26952000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-25527000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-125137000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-173802000 usd
CY2024Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1839000 usd
CY2023Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
2060000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
5132000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
8170000 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
8537000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
1603000 usd
us-gaap Interest Expense
InterestExpense
19497000 usd
us-gaap Interest Expense
InterestExpense
5291000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
239000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
375000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
882000 usd
CY2024Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
6495000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
12000000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
68848000 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-144000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-158000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-559000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-537000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-33782000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-18972000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-128436000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-103494000 usd
CY2024Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 usd
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-33782000 usd
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
858000 usd
CY2023Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-19307000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
3870000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
4453000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
14245000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
10638000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
43569000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
11650000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
44025000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
457000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-556000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
442000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
4439000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
2302000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
4439000 usd
CY2024Q3 us-gaap Interest Receivable
InterestReceivable
0 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
99178000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
43312000 usd
CY2024Q3 us-gaap Depreciation
Depreciation
4779000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
4550000 usd
us-gaap Depreciation
Depreciation
14182000 usd
CY2024Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
3082000 usd
CY2023Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
3854000 usd
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
11647000 usd
CY2024Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
573000 usd
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
751000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1908000 usd
CY2024Q3 us-gaap Sublease Income
SubleaseIncome
435000 usd
CY2023Q3 us-gaap Sublease Income
SubleaseIncome
370000 usd
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3417000 usd
CY2024Q3 rdfn Finance Lease Cost
FinanceLeaseCost
12000 usd
CY2023Q3 rdfn Finance Lease Cost
FinanceLeaseCost
18000 usd
rdfn Finance Lease Cost
FinanceLeaseCost
65000 usd
CY2024Q3 rdfn Lessee Operating Lease Liability Other Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityOtherPaymentsDueNextTwelveMonths
433000 usd
CY2024Q3 rdfn Lessee Lease Liability Payments Due Next Twelve Months
LesseeLeaseLiabilityPaymentsDueNextTwelveMonths
4499000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13970000 usd
CY2024Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40000 shares
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
-65193000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
63953000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4215000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1575000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
15961000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
58555000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
544000 usd
us-gaap Net Income Loss
NetIncomeLoss
-107128000 usd
CY2023Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40000 shares
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
5753000 usd
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>
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
5 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
278015000 usd
CY2024Q3 us-gaap Cost Of Revenue
CostOfRevenue
176152000 usd
CY2024Q3 us-gaap Gross Profit
GrossProfit
101863000 usd
CY2024Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
40332000 usd
CY2024Q3 us-gaap Marketing Expense
MarketingExpense
27186000 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
58788000 usd
CY2024Q3 us-gaap Restructuring Charges
RestructuringCharges
2509000 usd
CY2024Q3 us-gaap Operating Expenses
OperatingExpenses
128815000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-26952000 usd
CY2024Q3 rdfn Operating And Nonoperating Income Expense Including Income Tax Expense Benefit Net
OperatingAndNonoperatingIncomeExpenseIncludingIncomeTaxExpenseBenefitNet
-6830000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-33782000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
268956000 usd
CY2023Q3 us-gaap Cost Of Revenue
CostOfRevenue
170616000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
98340000 usd
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
44392000 usd
CY2023Q3 us-gaap Marketing Expense
MarketingExpense
24095000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
55380000 usd
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
123867000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-25527000 usd
CY2023Q3 rdfn Operating And Nonoperating Income Expense Including Income Tax Expense Benefit Net
OperatingAndNonoperatingIncomeExpenseIncludingIncomeTaxExpenseBenefitNet
6555000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-18972000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
798697000 usd
us-gaap Cost Of Revenue
CostOfRevenue
516436000 usd
us-gaap Gross Profit
GrossProfit
282261000 usd
rdfn Preferred Stock Convertible Trading Days Preceding Dividends Payable Date
PreferredStockConvertibleTradingDaysPrecedingDividendsPayableDate
P10D
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
165660000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
461349000 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
14280000 usd
CY2023Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2024Q3 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
40000 shares
CY2024Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40000 shares
us-gaap Operating Expenses
OperatingExpenses
407398000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12000 usd
CY2024Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-34064000 usd
CY2023Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-19307000 usd
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-129142000 usd
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-129142000 usd
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-104352000 usd
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-104352000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-34064000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-34064000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19307000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-19307000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-129142000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-107986000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.28
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.28
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.17
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.17
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.07
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.93
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.93
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.17
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.96
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.96
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
114592679 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120553264 shares
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
128976000 usd
us-gaap Marketing Expense
MarketingExpense
92324000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
181366000 usd
us-gaap Restructuring Charges
RestructuringCharges
4732000 usd
us-gaap Operating Expenses
OperatingExpenses
407398000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-125137000 usd
rdfn Operating And Nonoperating Income Expense Including Income Tax Expense Benefit Net
OperatingAndNonoperatingIncomeExpenseIncludingIncomeTaxExpenseBenefitNet
-3299000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-128436000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
758595000 usd
us-gaap Cost Of Revenue
CostOfRevenue
501927000 usd
us-gaap Gross Profit
GrossProfit
256668000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
139196000 usd
us-gaap Marketing Expense
MarketingExpense
97531000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
186584000 usd
us-gaap Restructuring Charges
RestructuringCharges
7159000 usd
us-gaap Operating Expenses
OperatingExpenses
430470000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-173802000 usd
rdfn Operating And Nonoperating Income Expense Including Income Tax Expense Benefit Net
OperatingAndNonoperatingIncomeExpenseIncludingIncomeTaxExpenseBenefitNet
70308000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-103494000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120553264 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112141342 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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5790000 usd
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2803589000 usd
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us-gaap Repayments Of Senior Debt
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106953000 usd
us-gaap Repayments Of Senior Debt
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0 usd
us-gaap Repayments Of Convertible Debt
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23512000 usd
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1563000 usd
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2222000 usd
us-gaap Payments Of Debt Issuance Costs
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125000000 usd
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14834000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
151000000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2024Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2024Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2598000 usd
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CY2024Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2024Q3 us-gaap Stockholders Equity
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CY2023Q2 us-gaap Stockholders Equity
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CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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CY2023Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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4863000 usd
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19769000 usd
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CY2023Q3 us-gaap Net Income Loss
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40000 shares
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
5753000 usd
CY2023Q4 us-gaap Stockholders Equity
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us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1975000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2783000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
4353000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1297000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
39769000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
14616000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
38241000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
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CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
2302000 usd
CY2023Q4 us-gaap Interest Receivable
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CY2023Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
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AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
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CY2023Q4 us-gaap Property Plant And Equipment Net
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us-gaap Depreciation
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us-gaap Capitalized Computer Software Additions
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us-gaap Sublease Income
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LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
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LesseeLeaseLiabilityPaymentsDueYearOne
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CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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CY2024Q3 rdfn Lessee Operating Lease Liability Other Payments Due Year Two
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LesseeOperatingLeaseLiabilityPaymentsDueYearThree
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CY2024Q3 rdfn Lessee Operating Lease Liability Other Payments Due Year Three
LesseeOperatingLeaseLiabilityOtherPaymentsDueYearThree
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CY2024Q3 rdfn Lessee Lease Liability Payments Due Year Three
LesseeLeaseLiabilityPaymentsDueYearThree
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LesseeOperatingLeaseLiabilityPaymentsDueYearFour
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CY2024Q3 rdfn Lessee Operating Lease Liability Other Payments Due Year Four
LesseeOperatingLeaseLiabilityOtherPaymentsDueYearFour
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CY2024Q3 rdfn Lessee Lease Liability Payments Due Year Four
LesseeLeaseLiabilityPaymentsDueYearFour
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CY2024Q3 rdfn Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
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CY2024Q3 rdfn Lessee Operating Lease Liability Other Payments After Year Four
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CY2024Q3 rdfn Lessee Lease Liability Payments Due After Year Four
LesseeLeaseLiabilityPaymentsDueAfterYearFour
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CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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CY2024Q3 rdfn Lessee Operating Lease Liability Other Payments Due
LesseeOperatingLeaseLiabilityOtherPaymentsDue
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CY2024Q3 rdfn Lessee Lease Liability Payments Due
LesseeLeaseLiabilityPaymentsDue
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CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
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CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
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rdfn Operating Lease Capitalized Interest Expense
OperatingLeaseCapitalizedInterestExpense
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OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P3Y2M12D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P2Y6M
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
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us-gaap Operating Lease Payments
OperatingLeasePayments
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us-gaap Operating Lease Payments
OperatingLeasePayments
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us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
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us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
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rdfn Finance Lease Cash Flows From Finance Lease Excluding Principal Payments And Interest
FinanceLeaseCashFlowsFromFinanceLeaseExcludingPrincipalPaymentsAndInterest
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rdfn Finance Lease Cash Flows From Finance Lease Excluding Principal Payments And Interest
FinanceLeaseCashFlowsFromFinanceLeaseExcludingPrincipalPaymentsAndInterest
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7490000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
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us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
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CY2020Q2 us-gaap Loss Contingency Patents Allegedly Infringed Number
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CY2022Q2 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
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CY2024Q3 us-gaap Litigation Reserve
LitigationReserve
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CY2024Q3 us-gaap Loss Contingency Damages Sought
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FiniteLivedIntangibleAssetsGross
230390000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
126263000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
104127000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
230390000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4705000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9747000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19158000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29241000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
4583000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
17618000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
17380000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
15633000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
15050000 usd
CY2024Q3 rdfn Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
33863000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
104127000 usd
CY2024Q3 us-gaap Goodwill
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461349000 usd
CY2023Q4 us-gaap Goodwill
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461349000 usd
CY2024Q3 us-gaap Employee Related Liabilities Current
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60432000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
58836000 usd
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22249000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
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26037000 usd
CY2024Q3 us-gaap Litigation Reserve Current
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11500000 usd
CY2023Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
0 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
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CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
5487000 usd
CY2024Q3 rdfn Accrued And Other Liabilities Current
AccruedAndOtherLiabilitiesCurrent
101040000 usd
CY2023Q4 rdfn Accrued And Other Liabilities Current
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CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
110000000 usd
CY2024Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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39992000 usd
us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
30640 shares
CY2020Q2 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
2622177 shares
rdfn Preferred Stock Dividend Rate Daily Accrual Basis Fiscal Period
PreferredStockDividendRateDailyAccrualBasisFiscalPeriod
P360D
us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.055
us-gaap Preferred Stock Dividend Rate Per Dollar Amount
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17.95
CY2024Q3 rdfn Temporary Equity Conversion Price Ratio Denominator
TemporaryEquityConversionPriceRatioDenominator
19.51
rdfn Temporary Equity Conversion Stock Price Trigger
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27.32
rdfn Temporary Equity Threshold Consecutive Trading Days
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30 tradingday
rdfn Temporary Equity Threshold Consecutive Trading Days
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30 tradingday
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
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CY2023Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2024Q3 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2023Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
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CY2024Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
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
CY2024Q1 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
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
310968 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.83
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
59690 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
7.76
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2035795 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.59
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
6410000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2035795 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
11.59
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
6410000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18302000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18800000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
53942000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
55382000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1064000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
969000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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3327000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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3173000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2023Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2024Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
282000 usd
CY2023Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
335000 usd
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
706000 usd
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
858000 usd
CY2024Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
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CY2024Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
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CY2023Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
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CY2023Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
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CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
122876102 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
122876102 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
114592679 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
114592679 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120553264 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120553264 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112141342 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112141342 shares
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.28
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.28
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.17
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.17
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.07
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.07
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.93
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.93
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24051533 shares
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28014183 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24051533 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28014183 shares
CY2024Q3 us-gaap Share Price
SharePrice
12.53
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
375000 usd
rdfn Effective Income Tax Rate Reconciliation Percent From Continue Operations Percent
EffectiveIncomeTaxRateReconciliationPercentFromContinueOperationsPercent
-0.0029
rdfn Effective Income Tax Rate Reconciliation Percent From Continue Operations Percent
EffectiveIncomeTaxRateReconciliationPercentFromContinueOperationsPercent
-0.0085
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0082
CY2019Q3 rdfn Operating Loss Carryforwards Limitations On Use Value
OperatingLossCarryforwardsLimitationsOnUseValue
1506000 usd
CY2019Q3 rdfn Tax Credit Carryforward Limitation On Use Value
TaxCreditCarryforwardLimitationOnUseValue
32000 usd
CY2024Q3 rdfn Adjustments To Additional Paid In Capital Convertible Debt Capped Call Transaction
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtCappedCallTransaction
62647000 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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