OPEN
Opendoor Technologies Inc.
NASDAQ · Real Estate · Real Estate - Services · US
$3.15
+0.64%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 3.3B | 4.4B | 5.2B | 6.9B | 15.6B |
| Cost of Revenue | 3.0B | 4.1B | 4.7B | 6.5B | 14.9B |
| Gross Profit | 270.0M | 304.0M | 433.0M | 487.0M | 667.0M |
| Operating Expenses | |||||
| R&D Expense | 61.0M | 79.0M | 141.0M | 167.0M | 169.0M |
| SG&A Expense | 645.0M | 548.0M | 595.0M | 692.0M | 1.4B |
| General & Admin Expense | 449.0M | 238.0M | 182.0M | 206.0M | 346.0M |
| Selling & Marketing Expense | 196.0M | 310.0M | 413.0M | 486.0M | 1.0B |
| Other Expenses | 86.0M | (50.0M) | 17.0M | 14.0M | 77.0M |
| Total Operating Expenses | 792.0M | 577.0M | 753.0M | 873.0M | 1.6B |
| Cost and Expenses | 3.8B | 4.6B | 5.5B | 7.3B | 16.5B |
| Operating Income (EBIT) | (522.0M) | (273.0M) | (320.0M) | (386.0M) | (931.0M) |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 68.0M | 131.0M | 133.0M | 211.0M | 385.0M |
| Net Interest Income | (68.0M) | (131.0M) | (133.0M) | (211.0M) | (385.0M) |
| Other Non-Op Income/Expense | (999.0M) | (1.0B) | (71.0M) | 112.0M | (420.0M) |
| Non-Operating Income (excl Interest) | 885.0M | 896.0M | (24.0M) | (323.0M) | 35.0M |
| EBT (Pre-Tax Income) | (1.5B) | (1.3B) | (391.0M) | (274.0M) | (1.4B) |
| Income Tax Expense | — | — | 1.0M | 1.0M | 2.0M |
| Bottom Line | |||||
| Net Income | (1.5B) | (1.3B) | (392.0M) | (275.0M) | (1.4B) |
| Earnings from Cont. Ops | (1.5B) | (1.3B) | (392.0M) | (275.0M) | (1.4B) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (1.5B) | (1.3B) | (392.0M) | (275.0M) | (1.4B) |
| Per Share | |||||
| Basic EPS | ($1.89) | ($1.70) | ($0.56) | ($0.42) | ($2.16) |
| Diluted EPS | ($1.89) | ($1.70) | ($0.56) | ($0.42) | ($2.16) |
| Revenue Per Share | $3.37 | $5.70 | $7.37 | $10.57 | $24.82 |
| Shares | |||||
| Basic Shares Outstanding | 965.8M | 766.5M | 699.5M | 657.1M | 627.1M |
| Diluted Shares Outstanding | 965.8M | 766.5M | 699.5M | 657.1M | 627.1M |
| Profitability Metrics | |||||
| EBITDA | (1.4B) | (1.1B) | (243.0M) | 9.0M | (876.0M) |
| D&A | 29.0M | 46.0M | 53.0M | 72.0M | 90.0M |
| EBIT | (1.4B) | (1.2B) | (296.0M) | (63.0M) | (966.0M) |
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