Offerpad Solutions Inc. (OPAD)

Offerpad Solutions Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	567.81	918.82	1,314	3,952	2,070
Revenue Growth (YoY)	-38.20%	-30.10%	-66.74%	90.89%	94.54%
Total Property Expenses	525.77	846.62	1,244	3,770	1,863
Gross Profit	42.04	72.2	70.18	182.42	207.82
Selling, General & Admin	75.43	118.24	174.59	309.74	188.05
Operating Income	-33.39	-46.04	-104.41	-127.32	19.77
Interest Expense	-13.4	-18.68	-18.86	-45.99	-15.85
Other Non-Operating Income (Expense)	0.85	2.6	6.22	25.05	2.71
Total Non-Operating Income (Expense)	-12.55	-16.09	-12.64	-20.94	-13.14
Pretax Income	-45.94	-62.13	-117.06	-148.25	6.63
Provision for Income Taxes	0.44	0.03	0.16	0.36	0.17
Net Income	-46.38	-62.16	-117.22	-148.61	6.46
Net Income to Common	-46.38	-62.16	-117.22	-148.61	6.46
Shares Outstanding (Basic)	31	27	26	16	8
Shares Outstanding (Diluted)	31	27	26	16	10
Shares Change (YoY)	13.05%	3.89%	61.45%	71.17%	147.51%
EPS (Basic)	-1.50	-2.27	-4.44	-9.09	0.82
EPS (Diluted)	-1.50	-2.27	-4.44	-9.09	0.68
Shares Outstanding	37.21	27.38	27.23	16.48	15.93
Free Cash Flow	65.73	15.43	261.51	304.33	-935.61
Free Cash Flow Growth	326.13%	-94.10%	-14.07%	-	-
Free Cash Flow Per Share	2.12	0.56	9.91	18.62	-97.99
Gross Margin	7.40%	7.86%	5.34%	4.62%	10.04%
Operating Margin	-5.88%	-5.01%	-7.94%	-3.22%	0.95%
Profit Margin	-8.17%	-6.77%	-8.92%	-3.76%	0.31%
FCF Margin	11.58%	1.68%	19.90%	7.70%	-45.19%
EBITDA	-32.41	-45.43	-103.69	-126.3	20.29
EBITDA Margin	-5.71%	-4.94%	-7.89%	-3.20%	0.98%
EBIT	-33.39	-46.04	-104.41	-127.32	19.77
EBIT Margin	-5.88%	-5.01%	-7.94%	-3.22%	0.95%
Effective Tax Rate	-0.96%	-0.05%	-0.14%	-0.24%	2.56%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q