OPEN Q3 2022 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

Q3 2022 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$3.4B+48.3% YoY

Gross Profit

-$425M-12.6% margin

Operating Income

-$810M-24.1% margin

Net Income

-$928M-27.6% margin

EPS (Diluted)

$-1.47

QoQ Revenue Growth

-19.9%

Cash Flow

Operating Cash Flow

-$322M

Free Cash Flow

-$335M

Stock-Based Comp.

$52M

Balance Sheet

Total Assets

$9.8B

Total Liabilities

$8.3B

Stockholders' Equity

$1.5B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$2.3B	+48.3%
Gross Profit	-$425M	$202M	-310.4%
Operating Income	-$810M	-$69M	-1073.9%
Net Income	-$928M	-$57M	-1528.1%