Opendoor Technologies Inc.
Opendoor Technologies Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 999 | 962 | 962 | 789 | 559 | 671 | 829 | 790 | 953 | 999 | 1,154 | 1,120 | |||||
Other Assets Current | 26 | 69 | 73 | 72 | 77 | 61 | 41 | 61 | 65 | 52 | 47 | 37 | |||||
Assets Current | 2,242 | 2,299 | 2,587 | 2,797 | 3,152 | 2,997 | 3,263 | 3,249 | 3,284 | 3,445 | 3,819 | 4,093 | |||||
Property Plant And Equipment Net | 25 | 27 | 31 | 37 | 44 | 48 | 59 | 71 | 66 | 66 | 68 | 62 | |||||
Operating Lease Right Of Use Asset | 8 | 8 | 9 | 9 | 17 | 18 | 25 | 23 | 23 | 25 | 27 | 28 | |||||
Goodwill | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | |||||
Other Assets Noncurrent | 71 | 70 | 70 | 61 | 61 | 60 | 61 | 23 | 23 | 22 | 22 | 27 | |||||
Intangible Assets Net Excluding Goodwill | - | - | - | - | - | 0 | 0 | 2 | 4 | 5 | 7 | 9 | |||||
Assets | 2,349 | 2,407 | 2,700 | 2,907 | 3,277 | 3,126 | 3,411 | 3,372 | 3,404 | 3,567 | 3,947 | 4,223 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Convertible Debt Current | 193 | 193 | 439 | - | - | 0 | - | - | - | - | - | - | |||||
Operating Lease Liability Current | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 4 | 4 | 5 | 6 | 7 | |||||
Liabilities Current | 317 | 327 | 914 | 643 | 1,053 | 529 | 721 | 393 | 74 | 70 | 74 | 88 | |||||
Long Term Line Of Credit | 1,070 | 1,068 | 966 | 1,189 | 1,187 | 1,492 | 1,491 | 1,739 | 2,036 | 2,134 | 2,330 | 2,527 | |||||
Convertible Debt Noncurrent | - | 0 | 0 | 437 | 378 | 378 | 377 | 377 | 376 | 376 | 502 | 501 | |||||
Operating Lease Liability Noncurrent | 6 | 6 | 7 | 6 | 13 | 13 | 19 | 18 | 18 | 19 | 20 | 21 | |||||
Other Liabilities Noncurrent | 2 | 1 | 2 | 1 | 1 | 1 | 2 | 0 | 1 | 1 | 1 | - | |||||
Liabilities | 1,395 | 1,402 | 1,889 | 2,276 | 2,632 | 2,413 | 2,610 | 2,527 | 2,505 | 2,600 | 2,927 | 3,137 | |||||
Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 6,160 | 6,038 | 4,740 | 4,470 | 4,455 | 4,438 | 4,413 | 4,379 | 4,341 | 4,301 | 4,263 | 4,224 | |||||
Retained Earnings Accumulated Deficit | -5,206 | -5,033 | -3,929 | -3,839 | -3,810 | -3,725 | -3,612 | -3,534 | -3,442 | -3,333 | -3,242 | -3,136 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | -1 | -2 | |||||
Stockholders Equity | 954 | 1,005 | 811 | 631 | 645 | 713 | 801 | 845 | 899 | 967 | 1,020 | 1,086 | |||||
Liabilities And Stockholders Equity | 2,349 | 2,407 | 2,700 | 2,907 | 3,277 | 3,126 | 3,411 | 3,372 | 3,404 | 3,567 | 3,947 | 4,223 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |||||
Common Stock Shares Issued | 963 | 957 | 772 | 734 | 727 | 720 | 712 | 699 | 689 | 678 | 669 | 657 | |||||
Shares Outstanding | 963 | 957 | 772 | 734 | 727 | 720 | 712 | 699 | 689 | 678 | 669 | 657 | |||||
Variable Interest Entity Primary Beneficiary | 63 | 334 | 94 | 262 | 124 | 81 | 104 | -212 | 322 | 530 | 1,202 | -1,493 | |||||
Restricted Cash And Cash Equivalents At Carrying V… | 68 | 339 | 490 | 396 | 134 | 92 | 225 | 121 | 333 | 541 | 1,224 | 1,684 | |||||
Marketable Securities Current | - | 0 | 0 | 0 | 0 | 8 | 8 | 19 | 37 | 69 | 72 | 90 | |||||
Inventory Real Estate | 1,139 | 925 | 1,053 | 1,530 | 2,362 | 2,159 | 2,145 | 2,234 | 1,881 | 1,775 | 1,311 | 1,149 | |||||
Escrow Deposit | 10 | 4 | 9 | 10 | 20 | 6 | 15 | 24 | 15 | 9 | 11 | 13 | |||||
Accounts Payable And Other Accrued Liabilities Cur… | 53 | 80 | 91 | 86 | 102 | 92 | 71 | 73 | 69 | 64 | 67 | 65 | |||||
Lines Of Credit Current | 68 | 52 | 374 | 550 | 946 | 432 | 643 | 315 | - | 0 | 0 | 15 | |||||
Interest Payable Current | 2 | 1 | 9 | 5 | 3 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.26% | -17.86% | -27.91% | - | - | - | - | - | - | - | - | - |
| 2025 | -6.99% | -20.40% | 262.34% | 76.59% | 249.60% | 216.27% | 17.38% | -8.38% | -8.38% | 6.45% | -7.10% | 7.74% |
| 2024 | 4.93% | -6.90% | 20.69% | 5.63% | -2.35% | -12.68% | 25.13% | -10.70% | -25.13% | -16.08% | -33.29% | -45.17% |
| 2023 | - | - | - | -29.66% | -46.51% | -54.63% | 18.64% | 108.18% | 43.18% | -8.66% | -19.40% | -34.03% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 7.07 | 7.03 | 2.83 | 4.35 | 2.99 | 5.67 | 4.53 | 8.27 | 44.38 | 49.21 | 51.61 | 46.51 | |||||
| Quick Ratio | 7.07 | 7.03 | 2.83 | 4.35 | 2.99 | 5.67 | 4.53 | 8.27 | 44.38 | 49.21 | 51.61 | 46.51 | |||||
| Working Capital | 1.93B | 1.97B | 1.67B | 2.15B | 2.10B | 2.47B | 2.54B | 2.86B | 3.21B | 3.38B | 3.75B | 4.01B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.46 | 1.40 | 2.33 | 3.61 | 4.08 | 3.38 | 3.26 | 2.99 | 2.79 | 2.69 | 2.87 | 2.89 | |||||
| Interest Coverage TTM | -3.22 | -2.19 | -1.71 | -1.70 | -2.24 | -2.41 | -2.47 | -2.34 | -2.01 | -1.83 | -1.89 | -3.59 | |||||
| Debt Ratio | 0.59 | 0.58 | 0.70 | 0.78 | 0.80 | 0.77 | 0.77 | 0.75 | 0.74 | 0.73 | 0.74 | 0.74 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.40 | 1.58 | 1.54 | 1.65 | 1.53 | 1.54 | 1.34 | 1.20 | 1.18 | 1.37 | 1.30 | 1.58 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -1.45 | -1.70 | -0.43 | -0.42 | -0.51 | -0.56 | -0.52 | -0.57 | -0.41 | -0.42 | -0.88 | -2.11 | |||||
| Free Cash Flow Per Share TTM | 1.12 | 1.35 | 1.20 | 0.70 | -0.99 | -0.89 | -1.54 | -1.98 | -0.05 | 3.51 | 6.42 | 6.41 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 8.20% | 8.01% | 8.01% | 8.05% | 8.16% | 8.40% | 8.50% | 9.05% | 8.61% | 7.01% | 5.44% | -0.31% | |||||
| Operating Profit Margin TTM | -9.90% | -6.57% | -4.90% | -4.44% | -5.64% | -6.21% | -6.90% | -7.77% | -6.97% | -5.56% | -6.07% | -11.25% | |||||
| Net Profit Margin TTM | -35.25% | -29.74% | -6.72% | -5.89% | -7.18% | -7.61% | -7.49% | -8.76% | -5.65% | -3.96% | -6.53% | -12.42% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -23.16% | -15.18% | -4.45% | 14.07% | 2.36% | -25.81% | -44.71% | -59.86% | -63.01% | -55.38% | -45.97% | -26.71% | |||||
| Net Income Growth (1Y) | 277.17% | 231.63% | -14.32% | -23.37% | 30.04% | 42.55% | -36.54% | -71.67% | -80.90% | -79.67% | -49.08% | 412.77% | |||||
| EPS Growth (1Y) | 184.47% | 202.61% | -18.55% | -27.15% | 22.65% | 33.92% | -40.42% | -73.61% | -82.04% | -80.60% | -51.59% | 396.02% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -3.23 | -3.44 | -18.65 | -1.27 | -2.01 | -2.85 | -3.81 | -3.21 | -7.31 | -10.70 | -3.00 | -1.85 | |||||
| P/B TTM | 4.71 | 4.45 | 7.29 | 0.62 | 1.14 | 1.57 | 1.76 | 1.51 | 2.30 | 3.04 | 1.71 | 2.39 | |||||
| P/S TTM | 1.14 | 1.02 | 1.25 | 0.08 | 0.14 | 0.22 | 0.29 | 0.28 | 0.41 | 0.42 | 0.20 | 0.23 | |||||
| Market Cap | 4.49B | 4.47B | 5.91B | 388.81M | 738.01M | 1.12B | 1.41B | 1.28B | 2.07B | 2.94B | 1.75B | 2.60B | |||||
| Enterprise Value | 3.68B | 3.41B | 5.27B | 586.81M | 1.37B | 1.17B | 1.38B | 1.06B | 1.16B | 1.78B | -127.93M | 309.17M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 1.07B | 1.04B | 887.00M | 511.00M | -717.00M | -620.00M | -1.09B | -1.37B | -33.00M | 2.31B | 4.25B | 4.14B | |||||
| Net Debt | -806.00M | -1.06B | -639.00M | 198.00M | 631.00M | 47.00M | -34.00M | -219.00M | -910.00M | -1.16B | -1.88B | -2.29B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Opendoor Technologies Inc. (OPEN) — SEC Financial Statements & Analysis
Opendoor Technologies Inc. (OPEN) is a real estate agents & managers (for others) company. Opendoor Technologies Inc. trades on Nasdaq as: OPEN, OPENL, OPENW, OPENZ. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Opendoor Technologies Inc. reported a -23.16% year-over-year revenue growth, a Gross Profit Margin of 8.20% (TTM), a Debt-to-Equity ratio of 1.46x, a Price-to-Sales (P/S) ratio of 1.14x (TTM), a Price-to-Book (P/B) ratio of 4.71 (TTM), at a market cap of $4.49B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -23.16%
- Gross Profit Margin TTM
- 8.20%
- Debt To Equity
- 1.46x
- P/S TTM
- 1.14x
- P/B TTM
- 4.71
- Market Cap
- $4.49B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Opendoor Technologies Inc. in?
Opendoor Technologies Inc. (OPEN) operates in the Real Estate Agents & Managers (For Others) industry.
What is OPEN's market cap?
Opendoor Technologies Inc. (OPEN) has a market capitalization of $4.49B as of 2026-03-31.
What exchange does OPEN trade on?
Opendoor Technologies Inc. (OPEN) trades on the Nasdaq.