OPEN FY 2022 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

FY 2022 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$15.6B+94.1% YoY

Gross Profit

$667M4.3% margin

Operating Income

-$931M-6.0% margin

Net Income

-$1.4B-8.7% margin

EPS (Diluted)

$-2.16

Cash Flow

Operating Cash Flow

$730M

Free Cash Flow

$693M

Stock-Based Comp.

$171M

Balance Sheet

Total Assets

$6.6B

Total Liabilities

$5.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$15.6B	$8.0B	+94.1%
Gross Profit	$667M	$730M	-8.6%
Operating Income	-$931M	-$568M	-63.9%
Net Income	-$1.4B	-$662M	-104.4%