Opendoor Technologies Inc. (OPEN)
NASDAQ: OPEN · Real-Time Price · USD
3.640
-0.010 (-0.27%)
At close: Aug 14, 2026, 4:00 PM EDT
3.680
+0.040 (1.10%)
After-hours: Aug 14, 2026, 7:59 PM EDT
Opendoor Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 883 | 720 | 736 | 915 | 1,567 | 1,153 | 1,084 | 1,377 | 1,511 | 1,181 | 870 | 980 | 1,976 | 3,120 | 2,857 | 3,361 | 4,198 | 5,151 | 3,822 | 2,266 | |
Revenue Growth (YoY) | -43.65% | -37.55% | -32.10% | -33.55% | 3.71% | -2.37% | 24.60% | 40.51% | -23.53% | -62.15% | -69.55% | -70.84% | -52.93% | -39.43% | -25.25% | 48.32% | 253.96% | 589.56% | 1436.39% | 569.20% |
Cost of Revenue | 797 | 648 | 679 | 849 | 1,439 | 1,054 | 999 | 1,272 | 1,382 | 1,067 | 798 | 884 | 1,827 | 2,950 | 2,786 | 3,786 | 3,712 | 4,616 | 3,550 | 2,064 |
Gross Profit | 86 | 72 | 57 | 66 | 128 | 99 | 85 | 105 | 129 | 114 | 72 | 96 | 149 | 170 | 71 | -425 | 486 | 535 | 272 | 202 |
Selling, General & Admin | 200 | 207 | 189 | 114 | 114 | 131 | 129 | 142 | 164 | 160 | 137 | 132 | 168 | 254 | 217 | 345 | 413 | 377 | 342 | 244 |
Research & Development | 26 | 21 | 19 | 17 | 18 | 21 | 30 | 29 | 37 | 38 | 41 | 41 | 38 | 38 | 46 | 39 | 41 | 40 | 32 | 26 |
Operating Expenses | 226 | 228 | 208 | 131 | 132 | 152 | 159 | 171 | 201 | 198 | 178 | 173 | 206 | 292 | 263 | 384 | 454 | 417 | 374 | 270 |
Operating Income | -140 | -156 | -151 | -65 | -4 | -53 | -74 | -66 | -72 | -84 | -106 | -77 | -57 | -122 | -192 | -809 | 32 | 118 | -102 | -68 |
Interest Expense | -29 | -23 | -28 | -34 | -36 | -33 | -32 | -34 | -30 | -37 | -37 | -47 | -53 | -74 | -113 | -115 | -89 | -68 | -73 | -43 |
Interest & Investment Income | 8 | 10 | 13 | 12 | 9 | 5 | 11 | 12 | 12 | 18 | 24 | 30 | 34 | - | 9 | 7 | 6 | - | 1 | - |
Other Non Operating Income (Expenses) | 3 | - | 1 | 2 | 1 | 2 | 3 | - | - | -1 | -5 | 1 | 7 | 18 | - | -9 | -2 | - | -1 | 56 |
EBT Excluding Unusual Items | -158 | -169 | -165 | -85 | -30 | -79 | -92 | -88 | -90 | -104 | -124 | -93 | -69 | -178 | -296 | -926 | -53 | 50 | -175 | -55 |
Merger & Restructuring Charges | -3 | - | - | -1 | -6 | -3 | -17 | - | - | - | -4 | - | -10 | - | -17 | - | - | - | - | - |
Impairment of Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -60 | - | - | - | - | - |
Gain (Loss) on Sale of Investments | - | - | - | - | - | -3 | - | -3 | - | -2 | 8 | -11 | - | 1 | 1 | - | - | -22 | -16 | - |
Gain (Loss) on Sale of Assets | - | - | - | - | - | - | - | 14 | - | - | - | - | - | - | - | - | - | - | - | - |
Asset Writedown | -1 | -3 | 1 | -2 | -3 | - | -3 | -1 | - | -3 | -5 | -2 | -1 | -2 | -2 | -1 | - | - | - | -1 |
Other Unusual Items | - | -1 | -933 | -1 | 10 | - | -1 | - | -1 | - | 34 | - | 104 | 78 | -25 | - | - | - | - | - |
Pretax Income | -162 | -173 | -1,097 | -89 | -29 | -85 | -113 | -78 | -91 | -109 | -91 | -106 | 24 | -101 | -399 | -927 | -53 | 28 | -191 | -56 |
Income Tax Expense | - | - | -1 | 1 | - | - | - | - | 1 | - | - | - | 1 | - | - | 1 | 1 | - | - | 1 |
Earnings From Continuing Operations | -162 | -173 | -1,096 | -90 | -29 | -85 | -113 | -78 | -92 | -109 | -91 | -106 | 23 | -101 | -399 | -928 | -54 | 28 | -191 | -57 |
Net Income | -162 | -173 | -1,096 | -90 | -29 | -85 | -113 | -78 | -92 | -109 | -91 | -106 | 23 | -101 | -399 | -928 | -54 | 28 | -191 | -57 |
Net Income to Common | -162 | -173 | -1,096 | -90 | -29 | -85 | -113 | -78 | -92 | -109 | -91 | -106 | 23 | -101 | -399 | -928 | -54 | 28 | -191 | -57 |
Net Income Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 966 | 959 | 870 | 742 | 729 | 724 | 716 | 705 | 693 | 682 | 673 | 662 | 646 | 642 | 635 | 630 | 625 | 619 | 613 | 603 |
Shares Outstanding (Diluted) | 966 | 959 | 870 | 742 | 729 | 724 | 716 | 705 | 693 | 682 | 673 | 662 | 667 | 642 | 635 | 630 | 625 | 641 | 613 | 603 |
Shares Change (YoY) | 32.39% | 32.59% | 21.43% | 5.19% | 5.20% | 6.02% | 6.49% | 6.53% | 3.94% | 6.32% | 6.00% | 5.18% | 6.75% | 0.18% | 3.60% | 4.33% | 6.22% | 13.34% | 242.24% | 577.43% |
EPS (Basic) | -0.17 | -0.18 | -1.26 | -0.12 | -0.04 | -0.12 | -0.16 | -0.11 | -0.13 | -0.16 | -0.14 | -0.16 | 0.04 | -0.16 | -0.63 | -1.47 | -0.09 | 0.05 | -0.31 | -0.09 |
EPS (Diluted) | -0.17 | -0.18 | -1.26 | -0.12 | -0.04 | -0.12 | -0.16 | -0.11 | -0.13 | -0.16 | -0.14 | -0.16 | 0.03 | -0.16 | -0.63 | -1.47 | -0.09 | 0.04 | -0.32 | -0.09 |
EPS Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | -723 | -250 | 67 | 432 | 821 | -283 | -83 | 56 | -407 | -186 | -551 | -227 | 931 | 2,154 | 1,391 | -335 | -1,903 | 1,540 | 100 | -3,604 |
Free Cash Flow Per Share | -0.75 | -0.26 | 0.08 | 0.58 | 1.13 | -0.39 | -0.12 | 0.08 | -0.59 | -0.27 | -0.82 | -0.34 | 1.40 | 3.36 | 2.19 | -0.53 | -3.04 | 2.40 | 0.16 | -5.97 |
Gross Margin | 9.74% | 10.00% | 7.75% | 7.21% | 8.17% | 8.59% | 7.84% | 7.63% | 8.54% | 9.65% | 8.28% | 9.80% | 7.54% | 5.45% | 2.48% | -12.65% | 11.58% | 10.39% | 7.12% | 8.91% |
Operating Margin | -15.86% | -21.67% | -20.52% | -7.10% | -0.26% | -4.60% | -6.83% | -4.79% | -4.76% | -7.11% | -12.18% | -7.86% | -2.89% | -3.91% | -6.72% | -24.07% | 0.76% | 2.29% | -2.67% | -3.00% |
Profit Margin | -18.35% | -24.03% | -148.91% | -9.84% | -1.85% | -7.37% | -10.42% | -5.66% | -6.09% | -9.23% | -10.46% | -10.82% | 1.16% | -3.24% | -13.97% | -27.61% | -1.29% | 0.54% | -5.00% | -2.51% |
Free Cash Flow Margin | -81.88% | -34.72% | 9.10% | 47.21% | 52.39% | -24.55% | -7.66% | 4.07% | -26.94% | -15.75% | -63.33% | -23.16% | 47.12% | 69.04% | 48.69% | -9.97% | -45.33% | 29.90% | 2.62% | -159.05% |
EBITDA | -132 | -148 | -140 | -54 | 8 | -43 | -63 | -55 | -60 | -70 | -91 | -66 | -40 | -100 | -168 | -788 | 52 | 136 | -85 | -58 |
EBITDA Margin | -14.95% | -20.55% | -19.02% | -5.90% | 0.51% | -3.73% | -5.81% | -3.99% | -3.97% | -5.93% | -10.46% | -6.73% | -2.02% | -3.21% | -5.88% | -23.45% | 1.24% | 2.64% | -2.22% | -2.56% |
D&A For EBITDA | 8 | 8 | 11 | 11 | 12 | 10 | 11 | 11 | 12 | 14 | 15 | 11 | 17 | 22 | 24 | 21 | 20 | 18 | 17 | 10 |
EBIT | -140 | -156 | -151 | -65 | -4 | -53 | -74 | -66 | -72 | -84 | -106 | -77 | -57 | -122 | -192 | -809 | 32 | 118 | -102 | -68 |
EBIT Margin | -15.86% | -21.67% | -20.52% | -7.10% | -0.26% | -4.60% | -6.83% | -4.79% | -4.76% | -7.11% | -12.18% | -7.86% | -2.89% | -3.91% | -6.72% | -24.07% | 0.76% | 2.29% | -2.67% | -3.00% |
Effective Tax Rate | - | - | - | - | - | - | - | - | - | - | - | - | 4.17% | - | - | - | - | - | - | - |
Advertising Expenses | 5 | 19 | - | - | 7 | 24 | - | - | 21 | 27 | - | 16 | 15 | 27 | - | 45 | 78 | 49 | - | 34 |