Redfin Corporation Gross Profit 2011-2025 | RDFN

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:

Raw materials and supplies

Wages of production personnel

Depreciation of equipment

Transportation and warehousing costs (if directly related to production)

Importance for business:

Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales.
Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit.
Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry.
Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.

Reasons for a decline in gross profit:

Increase in raw material and supply costs
Rising production expenses
Price reductions due to competition
Decrease in sales volume
Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Redfin Corporation

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
364 M	330 M	309 M	393 M	232 M	144 M	119 M	112 M	82.7 M	48.8 M	32.1 M	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
393 M	32.1 M	197 M

Quarterly Gross Profit Redfin Corporation

2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
70.6 M	-	102 M	110 M	70.8 M	-	98.3 M	100 M	58.1 M	-	90.7 M	111 M	72.5 M	-	127 M	126 M	42.4 M	-	93.1 M	46 M	12.9 M	-	53.4 M	48.3 M	2.75 M	-	42.3 M	45.2 M	5.7 M	-	39.3 M	37 M	6.38 M	-	30.9 M	27.4 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
127 M	2.75 M	61.9 M

Gross Profit of other stocks in the Real estate services industry

Issuer	Gross Profit	Price	% 24h	Market Cap	Country
Leju Holdings Limited LEJU	646 M	-	-4.46 %	$ 14.7 M	China
AMREP Corporation AXR	5 M	$ 19.04	1.01 %	$ 101 M	USA
KE Holdings BEKE	22.9 B	$ 16.1	-0.71 %	$ 54.9 B	China
MDJM Ltd. MDJH	2.46 M	-	1.01 %	$ 1.87 M	China
Colliers International Group CIGI	1.05 B	$ 149.39	-0.26 %	$ 42.5 M	Canada
Городские Инновационные Технологии GRNT	318 M	-	-	-	Russia
CBRE Group CBRE	4.78 B	$ 164.25	-0.26 %	$ 50.2 B	USA
Fangdd Network Group Ltd. DUO	61.7 M	$ 1.58	-4.19 %	$ 14.1 M	China
Brookfield Property Partners L.P. BPY	3.96 B	-	-0.27 %	$ 17.2 B	Bermuda
FirstService Corporation FSV	901 M	$ 156.49	-0.16 %	$ 7.05 B	Canada
CoStar Group CSGP	1.77 B	$ 67.43	0.63 %	$ 26.7 B	USA
Phoenix Tree Holdings Limited DNK	6.76 B	-	-	$ 433 M	China
IRSA Propiedades Comerciales S.A. IRCP	7.57 B	-	5.93 %	$ 622 M	Argentina
Landmark Infrastructure Partners LP LMRK	57 M	-	0.18 %	$ 415 M	USA
Nam Tai Property NTP	43.8 M	-	-	$ 165 M	China
Optibase Ltd. OBAS	12.3 M	-	3.39 %	$ 172 M	Israel
Q&K International Group Limited QK	-9.7 M	-	0.74 %	$ 30.1 M	China
Gyrodyne, LLC GYRO	186 M	$ 9.26	-1.25 %	$ 20.4 M	USA
CKX Lands CKX	630 K	$ 9.46	0.11 %	$ 18.7 M	USA
Brookfield Business Partners L.P. BBU	5.17 B	$ 36.3	-1.0 %	$ 6.93 B	USA
Jones Lang LaSalle Incorporated JLL	10 B	$ 341.5	-1.66 %	$ 16.2 B	USA
J.W. Mays MAYS	5.51 M	$ 39.03	-0.66 %	$ 78.7 M	USA
RE/MAX Holdings RMAX	210 M	$ 7.65	0.53 %	$ 153 M	USA
Comstock Mining LODE	590 K	$ 3.83	-2.79 %	$ 63.6 M	USA
Marcus & Millichap MMI	269 M	$ 27.59	-0.11 %	$ 1.07 B	USA
Cushman & Wakefield plc CWK	1.39 B	$ 16.5	-0.18 %	$ 3.78 B	Britain
FRP Holdings FRPH	20.8 M	$ 22.85	0.44 %	$ 215 M	USA
eXp World Holdings EXPI	84.1 M	$ 9.26	-1.96 %	$ 1.42 B	USA
Fathom Holdings FTHM	10.4 M	$ 1.07	-2.71 %	$ 21.7 M	USA
Newmark Group NMRK	942 M	$ 17.6	-0.28 %	$ 3.03 B	USA
Forestar Group FOR	65.6 M	$ 24.58	0.2 %	$ 1.25 B	USA
Kennedy-Wilson Holdings KW	356 M	$ 9.74	0.1 %	$ 1.34 B	USA
New England Realty Associates Limited Partnership NEN	51.3 M	$ 63.0	-	$ 176 M	USA
Realogy Holdings Corp. RLGY	2.44 B	-	-1.39 %	$ 1.43 B	USA
The RMR Group RMR	359 M	$ 14.95	-1.03 %	$ 249 M	USA
Opendoor Technologies OPEN	433 M	$ 5.85	-2.75 %	$ 4.09 B	USA
Transcontinental Realty Investors TCI	22.8 M	$ 55.06	-5.31 %	$ 476 M	USA