OPEN (Opendoor Technologies Inc.) Stock Financials & Earnings

OPENOpendoor Technologies Inc.

Mkt Cap$4B

Real Estate·Real Estate - Services·🇺🇸 United States·NASDAQ

Revenue (TTM)$4.4B

Net Income (TTM)-$1.3B

EPS (TTM)-$1.70

Free Cash Flow (TTM)$1.0B

Gross Margin7.8%

Op. Margin-6.6%

Net Margin-29.7%

FCF Margin23.7%

P/S Ratio (TTM)0.9x

P/E Ratio (TTM)—

YoY Rev Growth-15.2%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$3.1B	$170M	-$124M
Q2 23	$2.0B	$149M	-$68M
Q3 23	$980M	$96M	-$79M
Q4 23	$870M	$72M	-$115M
Q1 24	$1.2B	$114M	-$87M
Q2 24	$1.5B	$129M	-$72M
Q3 24	$1.4B	$105M	-$67M
Q4 24	$1.1B	$85M	-$94M
Q1 25	$1.2B	$99M	-$56M
Q2 25	$1.6B	$128M	-$13M
Q3 25	$915M	$66M	-$68M
Q4 25	$736M	$46M	-$151M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$40M	$66M	$188M
Q2 23	$39M	$44M	$124M
Q3 23	$42M	$48M	$85M
Q4 23	$46M	$48M	$89M
Q1 24	$41M	$47M	$113M
Q2 24	$37M	$48M	$116M
Q3 24	$30M	$46M	$96M
Q4 24	$33M	$41M	$88M
Q1 25	$21M	$33M	$98M
Q2 25	$21M	$28M	$86M
Q3 25	$19M	$48M	$66M
Q4 25	$18M	$129M	$60M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$1.1B	$108M	$1.3B
Q2 23	$1.1B	$90M	$1.2B
Q3 23	$1.2B	$72M	$1.2B
Q4 23	$999M	$69M	$1.1B
Q1 24	$953M	$37M	$990M
Q2 24	$790M	$19M	$809M
Q3 24	$829M	$8M	$837M
Q4 24	$671M	$8M	$679M
Q1 25	$559M	$0	$559M
Q2 25	$789M	$0	$789M
Q3 25	$962M	$0	$962M
Q4 25	$962M	$0	$962M

Shares Outstanding

Revenue Per Employee

Revenue / Employee