OPEN Q1 2020 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

Q1 2020 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$1.3B+10.4% YoY

Gross Profit

$91M7.3% margin

Operating Income

-$36M-2.9% margin

Net Income

-$62M-5.0% margin

EPS (Diluted)

$-0.74

QoQ Revenue Growth

+0.0%

Cash Flow

Operating Cash Flow

$436M

Free Cash Flow

$431M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$484,400

Total Liabilities

$481,031

Stockholders' Equity

$3,369

Cash & Equivalents

$155,901

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.1B	+10.4%
Gross Profit	$91M	$75M	+21.3%
Operating Income	-$36M	-$59M	+38.5%
Net Income	-$62M	-$79M	+21.7%