OPADNasdaqReal Estate Agents & Managers (For Others)Fiscal year ends December 31
Offerpad Solutions Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$2.53−0.09 (-3.44%)
Close on Oct 19, 2026
- Market cap
- $12.13M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
7.4%−0.8 pts over 5 years
Operating margin
-5.9%−4.6 pts over 5 years
Net margin
-8.2%−6.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -38.2% | -47.6% | -11.8% | – | |
| Gross profit | -41.8% | -38.7% | -13.7% | – | |
| Free cash flow | +326.1% | -40.0% | -15.4% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 17.5% | -108.0% | |
| Return on assets | – | – | -19.8% | |
| Current ratio | – | 1.19 | 1.48 | |
| Interest coverage | – | -1.4× | -2.5× | |
| Inventory turnover | – | – | 3.4× | |
| Capex to revenue | – | 0.3% | 0.2% | |
| Diluted shares | – | 0M | 3M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Offerpad Solutions generated $1.58B from operations and spent $21.37M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$1.58B
Used
$21.37M
Capital expenditure$21.37M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-8.2%
×Asset turnover2.43×
×Equity multiplier5.45×
=Return on equity, FY2025-108.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -8.2% | 2.43× | 5.45× | -108.0% |
| FY2024 | -6.8% | 2.65× | 4.64× | -83.2% |
| FY2023 | -8.9% | 2.18× | 5.39× | -104.8% |
| FY2022 | -3.8% | 3.63× | 5.74× | -78.3% |
| FY2021 | 0.3% | 2.61× | 13.90× | 11.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$46.38M
- Cash generatingOperating cash flow above zero$66.81M
- Return on assets improvedROA up on the prior year-16.4% → -14.8%
- Earnings backed by cashOperating cash flow above net income$66.81M vs -$46.38M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.17 → 1.48
- No dilutionShare count did not rise3M → 3M
- Gross margin improvedGross margin up on the prior year7.86% → 7.40%
- More efficientAsset turnover rose2.42 → 1.81