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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Total revenue $ 676 $ 581 $ 1,929 $ 1,682
Cost of revenue 185 140 490 393
Gross profit 491 441 1,439 1,289
Operating expenses:        
Sales and marketing 214 217 638 588
Technology and development 151 145 453 436
General and administrative 127 123 369 386
Impairment costs 2 0 2 6
Acquisition-related costs 0 1 0 1
Total operating expenses 494 486 1,462 1,417
Loss from operations (3) (45) (23) (128)
Loss on extinguishment of debt 0 0 0 (1)
Other income, net 18 34 58 101
Interest expense (3) (9) (13) (28)
Income (loss) before income taxes 12 (20) 22 (56)
Income tax expense (2) 0 (2) (4)
Net income (loss) $ 10 $ (20) $ 20 $ (60)
Net income (loss) per share:        
Net income (loss) per share - basic (usd per share) $ 0.04 $ (0.08) $ 0.08 $ (0.26)
Net income (loss) per share - diluted (usd per share) $ 0.04 $ (0.08) $ 0.08 $ (0.26)
Weighted-average shares outstanding:        
Weighted-average shares outstanding - basic (in shares) 242,326 232,521 241,889 233,553
Weighted-average shares outstanding - diluted (in shares) 256,243 232,521 254,700 233,553
Total For Sale revenue        
Total revenue $ 488 $ 444 $ 1,428 $ 1,311
Residential        
Total revenue 435 405 1,286 1,207
Mortgages        
Total revenue 53 39 142 104
Rentals        
Total revenue 174 123 462 337
Other        
Total revenue $ 14 $ 14 $ 39 $ 34