OPEN Q2 2022 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

Q2 2022 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$4.2B+254.0% YoY

Gross Profit

$486M11.6% margin

Operating Income

$32M0.8% margin

Net Income

-$54M-1.3% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

-18.5%

Cash Flow

Operating Cash Flow

-$1.9B

Free Cash Flow

-$1.9B

Stock-Based Comp.

$59M

Balance Sheet

Total Assets

$10.1B

Total Liabilities

$7.8B

Stockholders' Equity

$2.4B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.2B	$1.2B	+254.0%
Gross Profit	$486M	$159M	+205.7%
Operating Income	$32M	-$152M	+121.1%
Net Income	-$54M	-$144M	+62.5%