OPEN FY 2023 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

FY 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$6.9B-55.4% YoY

Gross Profit

$487M7.0% margin

Operating Income

-$386M-5.6% margin

Net Income

-$275M-4.0% margin

EPS (Diluted)

$-0.42

Cash Flow

Operating Cash Flow

$2.3B

Free Cash Flow

$2.3B

Stock-Based Comp.

$126M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$2.6B

Stockholders' Equity

$967M

Cash & Equivalents

$999M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.9B	$15.6B	-55.4%
Gross Profit	$487M	$667M	-27.0%
Operating Income	-$386M	-$931M	+58.5%
Net Income	-$275M	-$1.4B	+79.7%