OPEN Q3 2020 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

Q3 2020 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$339M-72.0% YoY

Gross Profit

$36M10.6% margin

Operating Income

-$45M-13.3% margin

Net Income

-$81M-23.9% margin

EPS (Diluted)

$-0.91

QoQ Revenue Growth

-54.2%

Cash Flow

Operating Cash Flow

$87M

Free Cash Flow

$86M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$376M

Stockholders' Equity

$673M

Cash & Equivalents

$469M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$339M	$1.2B	-72.0%
Gross Profit	$36M	$77M	-53.6%
Operating Income	-$45M	-$66M	+31.5%
Net Income	-$81M	-$90M	+10.5%