Opendoor Technologies Inc. (OPENL) income statement

OPENLNasdaqReal Estate Agents & Managers (For Others)Fiscal year ends December 31Also trades as OPEN, OPENW, OPENZ

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026Score 2/3012% above fair value

$0.06−0.01 (-8.10%)

Close on Oct 30, 2026Market cap $1.75BP/E –Yield –

Opendoor Technologies Inc. income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31
Revenue	4,371	5,153	6,946	15,567	8,021	2,583	4,741	1,838
Cost of Revenue	4,021	4,720	6,459	14,900	7,291	2,363	4,440	1,705
Gross Profit	350	433	487	667	730	220	301	133
Research & Development	79	141	167	169	134	56	51	28
Selling, General & Admin	548	595	692	1,352	1,164	321	498	269
Selling & Marketing	310	413	486	1,006	544	189	384	196
General & Administrative	238	182	206	346	620	132	114	72
Advertising Expenses	47	86	75	200	123	33	75	39
Operating Expenses	637	753	873	1,598	1,298	406	549	297
Operating Income	-287	-320	-386	-931	-568	-186	-248	-164
Interest Expense	131	133	211	385	143	68	110	60
Other Non-Operating Income	42	64	107	-10	38	4.00	13	2.60
Merger & Restructuring Charges	10	17	14	17	0	29	–	–
Asset Impairment Charges	0	0	10	60	0	0	0	0
Pretax Income	-1,300	-391	-274	-1,351	-661	-253	-339	-240
Income Tax Expense	0	1.00	1.00	2.00	1.00	0	0	0.38
Net Income incl. Noncontrolling Interests	–	–	–	–	-662	-253	-339	-240
Minority Interest in Earnings	–	–	–	–	0	0	2.00	1.36
Net Income	-1,300	-392	-275	-1,353	-662	-253	-341	-241
Preferred Dividends	0	0	0	0	0	0	0	–
Net Income to Common	-1,300	-392	-275	-1,353	-662	-253	-341	-249
EPS (Basic)(per share)	-1.70	-0.56	-0.42	-2.16	-1.12	-2.31	-4.26	-3.16
EPS (Diluted)(per share)	-1.70	-0.56	-0.42	-2.16	-1.12	-2.31	-4.37	-3.16
Shares Outstanding (Basic, Weighted)(shares)	767	699	657	627	593	109	80	79
Shares Outstanding (Diluted, Weighted)(shares)	767	699	657	627	593	109	80	79
EBITDA	-256	-287	-348	-894	-541	-164	-233	-159

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 8.6%
Operating margin: -16.0%
Net margin: -46.7%
Return on equity, FY2025: -151.3%

Financial strength

Current ratio: 2.94
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 92.6%

Valuation

P/E ratio: –
Price to sales: 0.54
Price to book: 1.91
Dividend yield: –