Opendoor Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	962	671	999	1,137	1,731
Short-Term Investments	-	8	69	144	484
Cash & Short-Term Investments	962	679	1,068	1,281	2,215
Cash Growth	41.68%	-36.42%	-16.63%	-42.17%	51.61%
Inventory	925	2,159	1,775	4,460	6,096
Restricted Cash	339	92	541	654	847
Other Current Assets	73	67	61	70	171
Total Current Assets	2,299	2,997	3,445	6,466	9,340
Property, Plant & Equipment	35	66	91	99	87
Long-Term Investments	68	59	20	25	5
Goodwill	3	3	4	4	60
Other Intangible Assets	-	-	5	12	12
Other Long-Term Assets	2	1	2	2	2
Total Assets	2,407	3,126	3,567	6,608	9,506
Accounts Payable	-	9	2	5	3
Accrued Expenses	37	62	60	109	119
Short-Term Debt	-	-	-	-	7
Current Portion of Long-Term Debt	245	432	-	1,376	4,240
Current Portion of Leases	1	2	5	7	4
Other Current Liabilities	44	24	3	8	27
Total Current Liabilities	327	529	70	1,505	4,400
Long-Term Debt	1,068	1,870	2,510	3,979	2,816
Long-Term Leases	6	13	19	38	42
Other Long-Term Liabilities	1	1	1	-	-
Total Liabilities	1,402	2,413	2,600	5,522	7,258
Additional Paid-In Capital	6,038	4,438	4,301	4,148	3,955
Retained Earnings	-5,033	-3,725	-3,333	-3,058	-1,705
Comprehensive Income & Other	-	-	-1	-4	-2
Total Common Equity	1,005	713	967	1,086	2,248
Shareholders' Equity	1,005	713	967	1,086	2,248
Total Liabilities & Equity	2,407	3,126	3,567	6,608	9,506
Total Debt	1,320	2,317	2,534	5,400	7,109
Net Cash (Debt)	-358	-1,638	-1,466	-4,119	-4,894
Net Cash Per Share	-0.47	-2.34	-2.23	-6.57	-8.26
Filing Date Shares Outstanding	958.33	723.52	679.64	642.56	620.13
Total Common Shares Outstanding	957.25	719.99	677.64	637.39	616.03
Working Capital	1,972	2,468	3,375	4,961	4,940
Book Value Per Share	1.05	0.99	1.43	1.70	3.65
Tangible Book Value	1,002	710	958	1,070	2,176
Tangible Book Value Per Share	1.05	0.99	1.41	1.68	3.53
Machinery	9	16	36	37	26
Leasehold Improvements	-	-	2	2	2

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q