OPEN Q3 2024 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

Q3 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$1.4B+40.5% YoY

Gross Profit

$105M7.6% margin

Operating Income

-$67M-4.9% margin

Net Income

-$78M-5.7% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-8.9%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$56M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$2.6B

Stockholders' Equity

$801M

Cash & Equivalents

$829M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$980M	+40.5%
Gross Profit	$105M	$96M	+9.4%
Operating Income	-$67M	-$79M	+15.2%
Net Income	-$78M	-$106M	+26.4%