Offerpad Solutions Inc. (OPAD) Financial Statements
Industry: Real Estate Agents & Managers (For Others)
In fiscal 2025, Offerpad Solutions reported revenue of $567.8M, down 38.2% from $918.8M the year before. Net income was -$46.4M (a -8.2% net margin), or -$15.00 per diluted share. Gross margin was 7.4% and operating margin was -5.9%. Operating activities generated $66.8M of cash, leaving $65.7M of free cash flow. At fiscal year end, Offerpad Solutions held $154.8M in total assets against $116.6M in total liabilities, including $26.5M of cash and equivalents.
Open the full interactive Offerpad Solutions financials → Quarterly statements, key ratios, valuation history and price charts.
Offerpad Solutions Key Stats
| Share Price | $2.55 |
|---|---|
| Market Cap | $12.2M |
| Revenue YoY Growth | -38.2% |
| 52-Week Range | $0.58 – $6.17 |
| Shares Outstanding | 4.8 million (basic, 2026 Q2) |
Offerpad Solutions Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.07B | $3.95B | $1.31B | $918.8M | $567.8M |
| Gross Profit | $207.8M | $182.4M | $70.2M | $72.2M | $42.0M |
| Operating Income | $19.8M | -$127.3M | -$104.4M | -$46.0M | -$33.4M |
| Pre-Tax Income | $6.6M | -$148.3M | -$117.1M | -$62.1M | -$45.9M |
| Income Tax | $170,000 | $359,000 | $163,000 | $31,000 | $441,000 |
| Net Income | $6.5M | -$148.6M | -$117.2M | -$62.2M | -$46.4M |
| Diluted EPS | $7.50 | -$91.50 | -$44.40 | -$22.70 | -$15.00 |
Offerpad Solutions Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $132.7M | $114.1M | $80.1M | $77.7M |
| Net Income | -$11.6M | -$8.8M | -$10.1M | -$9.3M |
| Diluted EPS | -$3.70 | -$0.28 | -$2.20 | -$1.94 |
Offerpad Solutions Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $169.8M | $97.2M | $76.0M | $43.0M | $26.5M |
| Current Assets | $1.34B | $814.2M | $371.6M | $294.2M | $131.7M |
| Total Assets | $1.35B | $825.1M | $379.7M | $313.1M | $154.8M |
| Current Liabilities | $1.07B | $699.0M | $276.0M | $251.0M | $88.8M |
| Total Long-Term Debt | $1.03B | $666.1M | $257.2M | $237.2M | $92.7M |
| Total Liabilities | $1.10B | $703.2M | $277.9M | $265.4M | $116.6M |
| Shareholders' Equity | $257.6M | $121.9M | $101.8M | $47.7M | $38.2M |
Offerpad Solutions Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$921.9M | $305.4M | $261.6M | $20.8M | $66.8M |
| Cash From Investing | -$11.7M | -$1.1M | $2.0M | -$5.3M | -$1.1M |
| Cash From Financing | $1.08B | -$358.5M | -$324.0M | -$21.8M | -$111.2M |
| Free Cash Flow | -$935.6M | $304.3M | $261.5M | $15.4M | $65.7M |
Figures from Offerpad Solutions' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Offerpad Solutions financials page for every line item.
Offerpad Solutions Company Profile
| Ticker | OPAD |
|---|---|
| Exchange | Nasdaq |
| Industry | Real Estate Agents & Managers (For Others) |
| Headquarters | Tempe, Arizona |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001825024 |
Frequently Asked Questions
What was Offerpad Solutions' revenue in fiscal 2025?
Offerpad Solutions (OPAD) reported revenue of $567.8M for fiscal 2025.
What is Offerpad Solutions' annual revenue history?
Offerpad Solutions' annual revenue by fiscal year: 2021: $2.07B; 2022: $3.95B; 2023: $1.31B; 2024: $918.8M; 2025: $567.8M.
What was Offerpad Solutions' net income in fiscal 2025?
Offerpad Solutions reported net income of -$46.4M for fiscal 2025.
What was Offerpad Solutions' earnings per share (EPS) in fiscal 2025?
Offerpad Solutions' diluted EPS was -$15.00 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Offerpad Solutions generate in fiscal 2025?
Offerpad Solutions generated $65.7M of free cash flow in fiscal 2025.
What was Offerpad Solutions' revenue last quarter?
In its most recent reported quarter (2026 Q2), Offerpad Solutions reported revenue of $77.7M.
How much debt does Offerpad Solutions have?
Offerpad Solutions reported $92.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Offerpad Solutions are outstanding?
Offerpad Solutions reported a weighted average of 4.8 million basic shares outstanding in 2026 Q2.
What is Offerpad Solutions' market cap?
Based on its latest closing price, Offerpad Solutions (OPAD) has a market capitalization of about $12.2M.
When does Offerpad Solutions' fiscal year end?
Offerpad Solutions' fiscal year end, as registered with the SEC, is December 31.
Where is Offerpad Solutions headquartered?
Offerpad Solutions lists its business address in Tempe, Arizona in its SEC filings.
Offerpad Solutions Competitors & Similar Companies
See all 12 Real Estate Agents & Managers (For Others) companies →