Opendoor Technologies Inc. (OPEN)
NASDAQ: OPEN · Real-Time Price · USD
3.850
+0.015 (0.39%)
At close: Jul 27, 2026, 4:00 PM EDT
3.845
-0.005 (-0.13%)
After-hours: Jul 27, 2026, 5:38 PM EDT
Opendoor Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | 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 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Jun '21 Jun 30, 2021 |
| 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 | 1,186 | |
Revenue Growth (YoY) | -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% | 60.31% |
Cost of Revenue | 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 | 1,027 |
Gross Profit | 72 | 57 | 66 | 128 | 99 | 85 | 105 | 129 | 114 | 72 | 96 | 149 | 170 | 71 | -425 | 486 | 535 | 272 | 202 | 159 |
Selling, General & Admin | 231 | 207 | 133 | 135 | 152 | 162 | 172 | 201 | 201 | 183 | 175 | 207 | 294 | 265 | 385 | 454 | 417 | 374 | 271 | 311 |
Other Operating Expenses | - | 0 | 1 | 6 | 3 | 17 | - | - | - | 4 | - | 10 | - | 17 | - | - | - | - | - | - |
Total Operating Expenses | 231 | 207 | 134 | 141 | 155 | 179 | 172 | 201 | 201 | 187 | 175 | 217 | 294 | 282 | 385 | 454 | 417 | 374 | 271 | 311 |
Operating Income | -159 | -150 | -68 | -13 | -56 | -94 | -67 | -72 | -87 | -115 | -79 | -68 | -124 | -271 | -810 | 32 | 118 | -102 | -69 | -152 |
Interest Expense | -23 | -28 | -34 | -36 | -33 | -32 | -34 | -30 | -37 | -37 | -47 | -53 | -74 | -113 | -115 | -89 | -68 | 0.38 | -43 | -16 |
Other Non-Operating Income (Expense) | 9 | -919 | 13 | 20 | 4 | 13 | 23 | 11 | 15 | 61 | 20 | 145 | 97 | -15 | -2 | 4 | -22 | -16 | 56 | 24 |
Total Non-Operating Income (Expense) | -14 | -947 | -21 | -16 | -29 | -19 | -11 | -19 | -22 | 24 | -27 | 92 | 23 | -128 | -117 | -85 | -90 | -15.63 | 13 | 8 |
Pretax Income | -173 | -1,097 | -89 | -29 | -85 | -113 | -78 | -91 | -109 | -91 | -106 | 24 | -101 | -399 | -927 | -53 | 28 | -191 | -56 | -144 |
Provision for Income Taxes | - | -1 | 1 | - | - | 0 | - | 1 | - | 0 | - | 1 | - | 0 | 1 | 1 | - | 0 | 1 | - |
Net Income | -173 | -1,096 | -90 | -29 | -85 | -113 | -78 | -92 | -109 | -91 | -106 | 23 | -101 | -399 | -928 | -54 | 28 | -191 | -57 | -144 |
Net Income to Common | -173 | -1,096 | -90 | -29 | -85 | -113 | -78 | -92 | -109 | -91 | -106 | 23 | -101 | -399 | -928 | -54 | 28 | -191 | -57 | -144 |
Net Income Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 959 | 870 | 742 | 729 | 724 | 716 | 705 | 693 | 682 | 673 | 662 | 646 | 642 | 635 | 630 | 625 | 619 | 613 | 603 | 588 |
Shares Outstanding (Diluted) | 959 | 870 | 742 | 729 | 724 | 716 | 705 | 693 | 682 | 673 | 662 | 667 | 642 | 635 | 630 | 625 | 641 | 613 | 603 | 588 |
Shares Change (YoY) | 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% | 595.58% |
EPS (Basic) | -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 | -0.24 |
EPS (Diluted) | -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 | -0.31 | -0.09 | -0.24 |
EPS Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Additional Metrics
Fiscal Quarter | 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 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Jun '21 Jun 30, 2021 |
Free Cash Flow | -250 | 67 | 432 | 850 | -283 | -83 | 56 | -407 | -186 | -551 | -227 | 931 | 2,154 | 1,391 | -335 | -1,903 | 1,540 | 100 | -3,604 | -1,914 |
Free Cash Flow Growth (YoY) | - | - | 671.43% | - | - | - | - | - | - | - | - | - | 39.87% | 1291.00% | - | - | - | - | - | - |
Free Cash Flow Per Share | -0.26 | 0.08 | 0.58 | 1.17 | -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 | -3.25 |
Gross Margin | 10.00% | 7.74% | 7.21% | 8.17% | 8.59% | 7.84% | 7.63% | 8.54% | 9.65% | 8.28% | 9.80% | 7.54% | 5.45% | 2.49% | -12.65% | 11.58% | 10.39% | 7.12% | 8.91% | 13.41% |
Operating Margin | -22.08% | -20.38% | -7.43% | -0.83% | -4.86% | -8.67% | -4.87% | -4.77% | -7.37% | -13.22% | -8.06% | -3.44% | -3.97% | -9.49% | -24.10% | 0.76% | 2.29% | -2.67% | -3.05% | -12.82% |
Profit Margin | -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% | -2.52% | -12.14% |
FCF Margin | -34.72% | 9.10% | 47.21% | 54.24% | -24.54% | -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% | -161.38% |
EBITDA | -151 | -139 | -56 | -1 | -45 | -82 | -55 | -59 | -71 | -98 | -67 | -49 | -100 | -246 | -787 | 54 | 138 | -83 | -57 | -143.69 |
EBITDA Margin | -20.97% | -18.89% | -6.12% | -0.06% | -3.90% | -7.56% | -3.99% | -3.90% | -6.01% | -11.26% | -6.84% | -2.48% | -3.21% | -8.61% | -23.42% | 1.29% | 2.68% | -2.17% | -2.52% | -12.12% |
EBIT | -159 | -150 | -68 | -13 | -56 | -94 | -67 | -72 | -87 | -115 | -79 | -68 | -124 | -271 | -810 | 32 | 118 | -102 | -69 | -152 |
EBIT Margin | -22.08% | -20.38% | -7.43% | -0.83% | -4.86% | -8.67% | -4.87% | -4.77% | -7.37% | -13.22% | -8.06% | -3.44% | -3.97% | -9.49% | -24.10% | 0.76% | 2.29% | -2.67% | -3.05% | -12.82% |
Effective Tax Rate | 0.00% | 0.09% | -1.12% | 0.00% | 0.00% | 0.00% | 0.00% | -1.10% | 0.00% | 0.00% | 0.00% | 4.17% | 0.00% | 0.00% | -0.11% | -1.89% | 0.00% | 0.00% | -1.79% | 0.00% |