OPAD
Offerpad Solutions Inc.
NYSE · Real Estate · Real Estate - Services · US
$4.21
−2.44%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 404.5M | 567.8M | 918.8M | 1.3B | 4.0B |
| Cost of Revenue | 374.5M | 525.8M | 846.6M | 1.2B | 3.8B |
| Gross Profit | 30.0M | 42.0M | 72.2M | 70.2M | 182.4M |
| Operating Expenses | |||||
| R&D Expense | 3.2M | 3.4M | 4.5M | 7.9M | 12.1M |
| SG&A Expense | 58.1M | 72.0M | 113.7M | 166.6M | 297.6M |
| General & Admin Expense | 24.1M | 26.2M | 40.6M | 50.1M | 58.7M |
| Selling & Marketing Expense | 34.0M | 45.8M | 73.1M | 116.6M | 238.9M |
| Other Expenses | — | — | — | — | — |
| Total Operating Expenses | 61.4M | 75.4M | 118.2M | 174.6M | 309.7M |
| Cost and Expenses | 435.9M | 601.2M | 964.9M | 1.4B | 4.1B |
| Operating Income (EBIT) | (31.3M) | (33.4M) | (46.0M) | (104.4M) | (127.3M) |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 9.2M | 8.3M | 18.7M | 18.9M | 46.0M |
| Net Interest Income | (9.2M) | (8.3M) | (18.7M) | (18.9M) | (46.0M) |
| Other Non-Op Income/Expense | (8.1M) | (12.6M) | (16.1M) | (12.6M) | (20.9M) |
| Non-Operating Income (excl Interest) | (1.1M) | 4.3M | (2.6M) | (6.2M) | (25.1M) |
| EBT (Pre-Tax Income) | (39.4M) | (45.9M) | (62.1M) | (117.1M) | (148.3M) |
| Income Tax Expense | 406.0K | 441.0K | 31.0K | 163.0K | 359.0K |
| Bottom Line | |||||
| Net Income | (39.8M) | (46.4M) | (62.2M) | (117.2M) | (148.6M) |
| Earnings from Cont. Ops | (39.8M) | (46.4M) | (62.2M) | (117.2M) | (148.6M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (39.8M) | (46.4M) | (62.2M) | (117.2M) | (148.6M) |
| Per Share | |||||
| Basic EPS | ($10.24) | ($15.00) | ($22.70) | ($44.40) | ($91.50) |
| Diluted EPS | ($10.24) | ($15.00) | ($22.70) | ($44.40) | ($91.50) |
| Revenue Per Share | $84.36 | $152.54 | $335.21 | $498.17 | $2,418.32 |
| Shares | |||||
| Basic Shares Outstanding | 4.8M | 3.7M | 2.7M | 2.6M | 1.6M |
| Diluted Shares Outstanding | 4.8M | 3.7M | 2.7M | 2.6M | 1.6M |
| Profitability Metrics | |||||
| EBITDA | (29.1M) | (30.2M) | (42.8M) | (97.5M) | (101.2M) |
| D&A | 1.1M | 7.5M | 611.0K | 728.0K | 1.0M |
| EBIT | (30.2M) | (37.7M) | (43.4M) | (98.2M) | (102.3M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026