OPEN Q1 2022 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

Q1 2022 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$5.2B+589.6% YoY

Gross Profit

$535M10.4% margin

Operating Income

$118M2.3% margin

Net Income

$28M0.5% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+34.8%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$1.5B

Stock-Based Comp.

$67M

Balance Sheet

Total Assets

$8.3B

Total Liabilities

$5.9B

Stockholders' Equity

$2.3B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.2B	$747M	+589.6%
Gross Profit	$535M	$97M	+451.5%
Operating Income	$118M	-$245M	+148.2%
Net Income	$28M	-$270M	+110.4%