OPEN FY 2024 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

FY 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$5.2B-25.8% YoY

Gross Profit

$433M8.4% margin

Operating Income

-$320M-6.2% margin

Net Income

-$392M-7.6% margin

EPS (Diluted)

$-0.56

Cash Flow

Operating Cash Flow

-$595M

Free Cash Flow

-$620M

Stock-Based Comp.

$114M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.4B

Stockholders' Equity

$713M

Cash & Equivalents

$671M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.2B	$6.9B	-25.8%
Gross Profit	$433M	$487M	-11.1%
Operating Income	-$320M	-$386M	+17.1%
Net Income	-$392M	-$275M	-42.5%