| Reconciliation of Operating Profit (Loss) from Segments to Consolidated |
Information on each of our reportable and other segments and reconciliation to net (loss) income from continuing operations 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 September 30, 2024 | | Real estate services | | Rentals | | Mortgage | | Other | | Corporate overhead | | Total | Revenue | $ | 175,136 | | | $ | 51,660 | | | $ | 35,621 | | | $ | 15,598 | | | $ | — | | | $ | 278,015 | | | Cost of revenue | 126,421 | | | 12,366 | | | 30,214 | | | 7,151 | | | — | | | 176,152 | | | Gross profit | 48,715 | | | 39,294 | | | 5,407 | | | 8,447 | | | — | | | 101,863 | | | Operating expenses | | | | | | | | | | | | | Technology and development | 26,927 | | | 10,648 | | | 675 | | | 889 | | | 1,193 | | | 40,332 | | | Marketing | 12,907 | | | 13,600 | | | 667 | | | 12 | | | — | | | 27,186 | | | General and administrative | 18,263 | | | 24,074 | | | 5,885 | | | 1,215 | | | 9,351 | | | 58,788 | | | Restructuring and reorganization | — | | | — | | | — | | | — | | | 2,509 | | | 2,509 | | | Total operating expenses | 58,097 | | | 48,322 | | | 7,227 | | | 2,116 | | | 13,053 | | | 128,815 | | | (Loss) income from continuing operations | (9,382) | | | (9,028) | | | (1,820) | | | 6,331 | | | (13,053) | | | (26,952) | | | Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net | 38 | | | 100 | | | (2,966) | | | 266 | | | (4,268) | | | (6,830) | | | Net (loss) income from continuing operations | $ | (9,344) | | | $ | (8,928) | | | $ | (4,786) | | | $ | 6,597 | | | $ | (17,321) | | | $ | (33,782) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2023 | | Real estate services | | Rentals | | Mortgage | | Other | | Corporate overhead | | Total | Revenue | $ | 177,750 | | | $ | 47,410 | | | $ | 32,923 | | | $ | 10,873 | | | $ | — | | | $ | 268,956 | | | Cost of revenue | 123,684 | | | 10,824 | | | 29,629 | | | 6,479 | | | — | | | 170,616 | | | Gross profit | 54,066 | | | 36,586 | | | 3,294 | | | 4,394 | | | — | | | 98,340 | | | Operating expenses | | | | | | | | | | | | | Technology and development | 25,711 | | | 15,813 | | | 800 | | | 1,133 | | | 935 | | | 44,392 | | | Marketing | 10,785 | | | 12,245 | | | 1,088 | | | 20 | | | (43) | | | 24,095 | | | General and administrative | 18,418 | | | 21,838 | | | 6,670 | | | 952 | | | 7,502 | | | 55,380 | | | | | | | | | | | | | | | Total operating expenses | 54,914 | | | 49,896 | | | 8,558 | | | 2,105 | | | 8,394 | | | 123,867 | | (Loss) income from continuing operations | (848) | | | (13,310) | | | (5,264) | | | 2,289 | | | (8,394) | | | (25,527) | | Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net | 41 | | | 42 | | | (73) | | | 207 | | | 6,338 | | | 6,555 | | Net (loss) income from continuing operations | $ | (807) | | | $ | (13,268) | | | $ | (5,337) | | | $ | 2,496 | | | $ | (2,056) | | | $ | (18,972) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2024 | | Real estate services | | Rentals | | Mortgage | | Other | | Corporate overhead | | Total | Revenue | $ | 493,885 | | | $ | 152,105 | | | $ | 109,619 | | | $ | 43,088 | | | $ | — | | | $ | 798,697 | | | Cost of revenue | 371,198 | | | 35,453 | | | 88,646 | | | 21,139 | | | — | | | 516,436 | | | Gross profit | 122,687 | | | 116,652 | | | 20,973 | | | 21,949 | | | — | | | 282,261 | | | Operating expenses | | | | | | | | | | | | | Technology and development | 84,354 | | | 36,577 | | | 2,031 | | | 2,686 | | | 3,328 | | | 128,976 | | | Marketing | 47,939 | | | 42,137 | | | 2,221 | | | 27 | | | — | | | 92,324 | | | General and administrative | 57,178 | | | 66,794 | | | 19,087 | | | 3,279 | | | 35,028 | | | 181,366 | | | Restructuring and reorganization | — | | | — | | | — | | | — | | | 4,732 | | | 4,732 | | | Total operating expenses | 189,471 | | | 145,508 | | | 23,339 | | | 5,992 | | | 43,088 | | | 407,398 | | | (Loss) income from continuing operations | (66,784) | | | (28,856) | | | (2,366) | | | 15,957 | | | (43,088) | | | (125,137) | | | Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net | 6 | | | 65 | | | (2,962) | | | 690 | | | (1,098) | | | (3,299) | | | Net (loss) income from continuing operations | $ | (66,778) | | | $ | (28,791) | | | $ | (5,328) | | | $ | 16,647 | | | $ | (44,186) | | | $ | (128,436) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2023 | | Real estate services | | Rentals | | Mortgage | | Other | | Corporate overhead | | Total | Revenue(1) | $ | 485,687 | | | $ | 135,636 | | | $ | 107,838 | | | $ | 29,434 | | | $ | — | | | $ | 758,595 | | | Cost of revenue | 359,625 | | | 31,016 | | | 93,108 | | | 18,178 | | | — | | | 501,927 | | | Gross profit | 126,062 | | | 104,620 | | | 14,730 | | | 11,256 | | | — | | | 256,668 | | | Operating expenses | | | | | | | | | | | | | Technology and development | 82,650 | | | 48,081 | | | 2,177 | | | 3,475 | | | 2,813 | | | 139,196 | | | Marketing | 51,849 | | | 42,509 | | | 3,122 | | | 46 | | | 5 | | | 97,531 | | | General and administrative | 58,997 | | | 73,445 | | | 20,323 | | | 3,049 | | | 30,770 | | | 186,584 | | | Restructuring and reorganization | — | | | — | | | — | | | — | | | 7,159 | | | 7,159 | | | Total operating expenses | 193,496 | | | 164,035 | | | 25,622 | | | 6,570 | | | 40,747 | | | 430,470 | | (Loss) income from continuing operations | (67,434) | | | (59,415) | | | (10,892) | | | 4,686 | | | (40,747) | | | (173,802) | | Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net | 41 | | | 115 | | | (224) | | | 475 | | | 69,901 | | | 70,308 | | Net (loss) income from continuing operations | $ | (67,393) | | | $ | (59,300) | | | $ | (11,116) | | | $ | 5,161 | | | $ | 29,154 | | | $ | (103,494) | |
(1) Included in revenue is $1,244 from providing services to our discontinued properties segment.
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