OPEN Q4 2022 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

Q4 2022 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$2.9B-25.2% YoY

Gross Profit

$71M2.5% margin

Operating Income

-$271M-9.5% margin

Net Income

-$399M-14.0% margin

EPS (Diluted)

$-0.63

QoQ Revenue Growth

-15.0%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$1.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6.6B

Total Liabilities

$5.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$3.8B	-25.2%
Gross Profit	$71M	$272M	-73.9%
Operating Income	-$271M	-$102M	-165.3%
Net Income	-$399M	-$191M	-109.0%