Offerpad Solutions Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	487.19	567.81	918.82	1,314	3,952	2,070
Revenue Growth (YoY)	-38.65%	-38.20%	-30.10%	-66.74%	90.89%	94.54%
Total Property Expenses	450.1	525.77	846.62	1,244	3,770	1,863
Gross Profit	37.09	42.04	72.2	70.18	182.42	207.82
Selling, General & Admin	67.98	75.43	118.24	174.59	309.74	188.05
Operating Income	-30.88	-33.39	-46.04	-104.41	-127.32	19.77
Interest Expense	-11.5	-13.4	-18.68	-18.86	-45.99	-15.85
Other Non-Operating Income (Expense)	1.34	0.85	2.6	6.22	25.05	2.71
Total Non-Operating Income (Expense)	-10.16	-12.55	-16.09	-12.64	-20.94	-13.14
Pretax Income	-41.04	-45.94	-62.13	-117.06	-148.25	6.63
Provision for Income Taxes	0.42	0.44	0.03	0.16	0.36	0.17
Net Income	-41.46	-46.38	-62.16	-117.22	-148.61	6.46
Net Income to Common	-41.46	-46.38	-62.16	-117.22	-148.61	6.46
Shares Outstanding (Basic)	4	3	3	3	2	1
Shares Outstanding (Diluted)	4	3	3	3	2	1
Shares Change (YoY)	29.68%	13.05%	3.89%	61.45%	71.17%	147.51%
EPS (Basic)	-12.20	-15.00	-22.70	-44.40	-90.90	8.20
EPS (Diluted)	-12.20	-15.00	-22.70	-44.40	-90.90	6.80
Free Cash Flow	85.93	65.73	15.43	261.51	304.33	-935.61
Free Cash Flow Growth	30.73%	326.13%	-94.10%	-14.07%	-	-
Free Cash Flow Per Share	24.13	21.21	5.63	99.11	186.22	-979.90
Gross Margin	7.61%	7.40%	7.86%	5.34%	4.62%	10.04%
Operating Margin	-6.34%	-5.88%	-5.01%	-7.94%	-3.22%	0.95%
Profit Margin	-8.51%	-8.17%	-6.77%	-8.92%	-3.76%	0.31%
FCF Margin	17.64%	11.58%	1.68%	19.90%	7.70%	-45.19%
EBITDA	-29.82	-32.41	-45.43	-103.69	-126.3	20.29
EBITDA Margin	-6.12%	-5.71%	-4.94%	-7.89%	-3.20%	0.98%
EBIT	-30.88	-33.39	-46.04	-104.41	-127.32	19.77
EBIT Margin	-6.34%	-5.88%	-5.01%	-7.94%	-3.22%	0.95%
Effective Tax Rate	-1.02%	-0.96%	-0.05%	-0.14%	-0.24%	2.56%

SEC Filings: 10-K · 10-Q