Segment Reporting and Revenue (Tables)

3 Months Ended

Mar. 31, 2025

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Information on each of our reportable and other segments and reconciliation to net (loss) income is presented in the tables below. We have assigned certain previously reported expenses to each segment to conform to the way we internally manage and monitor our business. We allocated indirect costs to each segment based on a reasonable allocation methodology, when such costs are significant to the performance measures of the segments.


	Three Months Ended March 31, 2025
	Real estate services		Rentals		Mortgage		Title		Monetization		Corporate overhead		Total
Revenue	$	126,278	$	52,288	$	29,318	$	8,637	$	4,506	$	—	$	221,027
Cost of revenue	106,423		12,964		23,912		6,994		100		—		150,393
Gross profit	19,855		39,324		5,406		1,643		4,406		—		70,634
Operating expenses
Technology and development	25,489		10,992		689		108		784		1,424		39,486
Marketing	28,358		10,243		644		18		2		—		39,265
General and administrative	17,731		14,603		6,364		703		947		16,119		56,467
Restructuring and reorganization	—		—		—		—		—		20,930		20,930
Total operating expenses	71,578		35,838		7,697		829		1,733		38,473		156,148
(Loss) income from operations	(51,723)		3,486		(2,291)		814		2,673		(38,473)		(85,514)
Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net	50		102		5		160		59		(7,381)		(7,005)
Net (loss) income	$	(51,673)	$	3,588	$	(2,286)	$	974	$	2,732	$	(45,854)	$	(92,519)


	Three Months Ended March 31, 2024
	Real estate services		Rentals		Mortgage		Title		Monetization		Corporate overhead		Total
Revenue	$	131,180	$	49,518	$	33,819	$	6,513	$	4,449	$	—	$	225,479
Cost of revenue	110,914		11,457		25,904		6,166		226		—		154,667
Gross profit	20,266		38,061		7,915		347		4,223		—		70,812
Operating expenses
Technology and development	28,507		15,512		656		95		737		922		46,429
Marketing	11,177		12,788		906		7		—		—		24,878
General and administrative	19,775		22,478		6,683		827		327		17,783		67,873
Restructuring and reorganization	—		—		—		—		—		889		889
Total operating expenses	59,459		50,778		8,245		929		1,064		19,594		140,069
(Loss) income from operations	(39,193)		(12,717)		(330)		(582)		3,159		(19,594)		(69,257)
Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net	(46)		7		3		139		105		2,275		2,483
Net (loss) income	$	(39,239)	$	(12,710)	$	(327)	$	(443)	$	3,264	$	(17,319)	$	(66,774)