Opendoor Technologies Inc. (OPEN) Financial Statements
Industry: Real Estate Agents & Managers (For Others)
In fiscal 2025, Opendoor Technologies reported revenue of $4.37B, down 15.2% from $5.15B the year before. Net income was -$1.30B (a -29.7% net margin), or -$1.70 per diluted share. Gross margin was 8.0% and operating margin was -6.6%. Operating activities generated $1.05B of cash, leaving $1.04B of free cash flow. At fiscal year end, Opendoor Technologies held $2.41B in total assets against $1.40B in total liabilities, including $962.0M of cash and equivalents.
Open the full interactive Opendoor Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Opendoor Technologies Key Stats
| Share Price | $2.11 |
|---|---|
| Market Cap | $2.04B |
| Revenue YoY Growth | -15.2% |
| 52-Week Range | $2.09 – $9.37 |
| Shares Outstanding | 965.8 million (basic, 2026 Q2) |
Opendoor Technologies Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.58B | $8.02B | $15.57B | $6.95B | $5.15B | $4.37B |
| Gross Profit | $219.8M | $730.0M | $667.0M | $487.0M | $433.0M | $350.0M |
| Operating Income | -$185.9M | -$568.0M | -$931.0M | -$386.0M | -$320.0M | -$287.0M |
| Pre-Tax Income | -$286.7M | -$661.0M | -$1.35B | -$274.0M | -$391.0M | -$1.30B |
| Income Tax | $63,000 | $1.0M | $2.0M | $1.0M | $1.0M | $0 |
| Net Income | -$286.8M | -$662.0M | -$1.35B | -$275.0M | -$392.0M | -$1.30B |
| Diluted EPS | -$2.62 | -$1.12 | -$2.16 | -$0.42 | -$0.56 | -$1.70 |
Opendoor Technologies Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $915.0M | $736.0M | $720.0M | $883.0M |
| Net Income | -$90.0M | -$1.10B | -$173.0M | -$162.0M |
| Diluted EPS | -$0.12 | -$1.43 | -$0.18 | -$0.17 |
Opendoor Technologies Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.41B | $1.73B | $1.14B | $999.0M | $671.0M | $962.0M |
| Current Assets | $2.05B | $9.34B | $6.47B | $3.44B | $3.00B | $2.30B |
| Total Assets | $2.18B | $9.51B | $6.61B | $3.57B | $3.13B | $2.41B |
| Current Liabilities | $393.4M | $4.40B | $1.50B | $70.0M | $529.0M | $327.0M |
| Total Long-Term Debt | $481.8M | $7.06B | $5.36B | $2.51B | $2.30B | $1.12B |
| Total Liabilities | $575.6M | $7.26B | $5.52B | $2.60B | $2.41B | $1.40B |
| Shareholders' Equity | $1.60B | $2.25B | $1.09B | $967.0M | $713.0M | $1.00B |
Opendoor Technologies Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $681.9M | -$5.79B | $730.0M | $2.34B | -$595.0M | $1.05B |
| Cash From Investing | -$21.9M | -$476.0M | $234.0M | $44.0M | $28.0M | -$12.0M |
| Cash From Financing | $160.7M | $7.34B | -$1.75B | -$2.64B | -$210.0M | -$499.0M |
| Free Cash Flow | $664.6M | -$5.83B | $693.0M | $2.31B | -$620.0M | $1.04B |
Figures from Opendoor Technologies' 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 Opendoor Technologies financials page for every line item.
Opendoor Technologies Company Profile
| Ticker | OPEN |
|---|---|
| Exchange | Nasdaq |
| Industry | Real Estate Agents & Managers (For Others) |
| Headquarters | Tempe, Arizona |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001801169 |
Frequently Asked Questions
What was Opendoor Technologies' revenue in fiscal 2025?
Opendoor Technologies (OPEN) reported revenue of $4.37B for fiscal 2025.
What is Opendoor Technologies' annual revenue history?
Opendoor Technologies' annual revenue by fiscal year: 2020: $2.58B; 2021: $8.02B; 2022: $15.57B; 2023: $6.95B; 2024: $5.15B; 2025: $4.37B.
What was Opendoor Technologies' net income in fiscal 2025?
Opendoor Technologies reported net income of -$1.30B for fiscal 2025.
What was Opendoor Technologies' earnings per share (EPS) in fiscal 2025?
Opendoor Technologies' diluted EPS was -$1.70 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Opendoor Technologies generate in fiscal 2025?
Opendoor Technologies generated $1.04B of free cash flow in fiscal 2025.
What was Opendoor Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q2), Opendoor Technologies reported revenue of $883.0M.
How much debt does Opendoor Technologies have?
Opendoor Technologies reported $1.12B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Opendoor Technologies are outstanding?
Opendoor Technologies reported a weighted average of 965.8 million basic shares outstanding in 2026 Q2.
What is Opendoor Technologies' market cap?
Based on its latest closing price, Opendoor Technologies (OPEN) has a market capitalization of about $2.04B.
When does Opendoor Technologies' fiscal year end?
Opendoor Technologies' fiscal year end, as registered with the SEC, is December 31.
Where is Opendoor Technologies headquartered?
Opendoor Technologies lists its business address in Tempe, Arizona in its SEC filings.
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