Opendoor Technologies Inc. (OPEN)

Opendoor Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	559	671	999	1,137	1,731	1,413
Short-Term Investments	-	8	69	144	484	48
Cash & Short-Term Investments	559	679	1,068	1,281	2,215	1,461
Cash Growth	-43.54%	-36.42%	-16.63%	-42.17%	51.61%	225.64%
Inventory	2,362	2,159	1,775	4,460	6,096	466
Restricted Cash	134	92	541	654	847	93
Other Current Assets	97	67	61	70	171	25
Total Current Assets	3,152	2,997	3,445	6,466	9,340	2,053
Property, Plant & Equipment	61	66	91	99	87	79
Long-Term Investments	-	59	20	25	5	-
Goodwill	3	3	4	4	60	31
Other Intangible Assets	-	-	5	12	12	9
Other Long-Term Assets	61	1	2	2	2	4
Total Assets	3,277	3,126	3,567	6,608	9,506	2,176
Accounts Payable	102	9	2	5	3	3
Accrued Expenses	3	62	60	109	119	19
Short-Term Debt	-	-	-	-	7	7
Current Portion of Long-Term Debt	946	432	-	1,376	4,240	339
Current Portion of Leases	2	2	5	7	4	21
Other Current Liabilities	-	24	3	8	27	4
Total Current Liabilities	1,053	529	70	1,505	4,400	393
Long-Term Debt	1,565	1,870	2,510	3,979	2,816	136
Long-Term Leases	13	13	19	38	42	47
Other Long-Term Liabilities	1	1	1	-	-	47
Total Liabilities	2,632	2,413	2,600	5,522	7,258	623
Additional Paid-In Capital	4,455	4,438	4,301	4,148	3,955	2,596
Retained Earnings	-3,810	-3,725	-3,333	-3,058	-1,705	-1,043
Comprehensive Income & Other	-	-	-1	-4	-2	-
Total Common Equity	645	713	967	1,086	2,248	1,553
Shareholders' Equity	645	713	967	1,086	2,248	1,553
Total Liabilities & Equity	3,277	3,126	3,567	6,608	9,506	2,176
Total Debt	2,526	2,317	2,534	5,400	7,109	550
Net Cash (Debt)	-1,967	-1,638	-1,466	-4,119	-4,894	911
Net Cash Per Share	-2.77	-2.34	-2.23	-6.57	-8.26	8.33
Filing Date Shares Outstanding	723.54	723.52	679.64	642.56	620.13	577.23
Total Common Shares Outstanding	723.54	719.99	677.64	637.39	616.03	540.71
Working Capital	2,099	2,468	3,375	4,961	4,940	1,660
Book Value Per Share	0.89	0.99	1.43	1.70	3.65	2.87
Tangible Book Value	642	710	958	1,070	2,176	1,513
Tangible Book Value Per Share	0.89	0.99	1.41	1.68	3.53	2.80
Machinery	-	16	36	37	26	11
Leasehold Improvements	-	-	2	2	2	2

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q