Opendoor Technologies Inc. (OPEN)

Opendoor Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	3,938	4,371	5,153	6,946	15,567	8,021
Revenue Growth (YoY)	-23.16%	-15.18%	-25.81%	-55.38%	94.08%	210.53%
Cost of Revenue	3,615	4,021	4,720	6,459	14,900	7,291
Gross Profit	323	350	433	487	667	730
Selling, General & Admin	706	627	736	859	1,521	1,298
Other Operating Expenses	7	10	17	14	77	-
Operating Income	-390	-287	-320	-386	-931	-568
Interest Expense	-121	-131	-133	-211	-385	-143
Other Non-Operating Income (Expense)	-877	-882	62	323	-35	50
Total Non-Operating Income (Expense)	-998	-1,013	-71	112	-420	-93
Pretax Income	-1,388	-1,300	-391	-274	-1,351	-661
Provision for Income Taxes	-	-	1	1	2	1
Net Income	-1,388	-1,300	-392	-275	-1,353	-662
Net Income to Common	-1,388	-1,300	-392	-275	-1,353	-662
Shares Outstanding (Basic)	825	767	699	657	627	593
Shares Outstanding (Diluted)	825	767	699	657	627	593
Shares Change (YoY)	16.27%	9.59%	6.44%	4.78%	5.83%	442.15%
EPS (Basic)	-1.60	-1.70	-0.56	-0.42	-2.16	-1.12
EPS (Diluted)	-1.60	-1.70	-0.56	-0.42	-2.16	-1.12
Shares Outstanding	963.28	957.25	719.99	677.64	637.39	616.03
Free Cash Flow	519	1,037	-620	2,307	693	-5,827
Free Cash Flow Growth	-49.95%	-	-	232.90%	-	-
Free Cash Flow Per Share	0.63	1.35	-0.89	3.51	1.11	-9.83
Gross Margin	8.20%	8.01%	8.40%	7.01%	4.28%	9.10%
Operating Margin	-9.90%	-6.57%	-6.21%	-5.56%	-5.98%	-7.08%
Profit Margin	-35.25%	-29.74%	-7.61%	-3.96%	-8.69%	-8.25%
FCF Margin	13.18%	23.72%	-12.03%	33.21%	4.45%	-72.65%
EBITDA	-347	-241	-267	-314	-841	-513
EBITDA Margin	-8.81%	-5.51%	-5.18%	-4.52%	-5.40%	-6.40%
EBIT	-390	-287	-320	-386	-931	-568
EBIT Margin	-9.90%	-6.57%	-6.21%	-5.56%	-5.98%	-7.08%
Effective Tax Rate	-	0.00%	-0.26%	-0.36%	-0.15%	-0.15%

Updated May 7, 2026. Data Source: Fiscal.ai. standard template. Financial Sources.

SEC Filings: 10-K · 10-Q