Redfin reported first-quarter 2025 revenue of $221 million, a 2% decline year-over-year, with gross profit remaining flat at $70.6 million. The company's real estate services gross profit decreased by 2% to $19.9 million. Despite these declines and rising losses ahead of its $1.75 billion all-stock merger with Rocket Companies, Redfin's CEO expressed confidence in the future and highlighted that profits were at the high end of prior guidance. OpenDoor reported first-quarter revenue of $1.2 billion, down 2% year-over-year but up 6% compared to the previous quarter, with 2,946 homes sold, a 4% decrease year-over-year. Its gross profit was $99 million, down from $114 million in the same quarter last year, and gross margin declined to 8.6% from 9.7%. Zillow Group posted a 13% year-over-year revenue increase to $598 million, surpassing the midpoint of its outlook by $15 million. The company achieved GAAP profitability with net income of $8 million, representing 1% of revenue, driven by strong growth in its rental and mortgage segments, which rose 33% and 32% respectively. CEO Jeremy Wacksman noted these gains despite a challenging market. Sezzle Inc. reported record revenue growth with total revenue increasing 123.3% year-over-year to $808.7 million in Q1 2025, gross merchandise volume up 64.1%, and operating income jumping 260.6%. The company raised its guidance following the strong performance.