OPEN Q2 2020 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

Q2 2020 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$740M-34.9% YoY

Gross Profit

$55M7.4% margin

Operating Income

-$39M-5.3% margin

Net Income

-$56M-7.6% margin

EPS (Diluted)

$-0.66

QoQ Revenue Growth

-41.1%

Cash Flow

Operating Cash Flow

$514M

Free Cash Flow

$509M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$700M

Stockholders' Equity

$543M

Cash & Equivalents

$458M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$740M	$1.1B	-34.9%
Gross Profit	$55M	$75M	-27.3%
Operating Income	-$39M	-$59M	+33.6%
Net Income	-$56M	-$79M	+29.6%