OPEN Q1 2021 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

Q1 2021 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$747M-40.5% YoY

Gross Profit

$97M13.0% margin

Operating Income

-$245M-32.8% margin

Net Income

-$270M-36.1% margin

EPS (Diluted)

$-0.48

QoQ Revenue Growth

+200.1%

Cash Flow

Operating Cash Flow

-$405M

Free Cash Flow

-$409M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$888M

Stockholders' Equity

$2.4B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$747M	$1.3B	-40.5%
Gross Profit	$97M	$91M	+6.5%
Operating Income	-$245M	-$36M	-580.3%
Net Income	-$270M	-$62M	-334.1%