OPEN Q4 2023 Earnings — Opendoor Technologies Inc. Revenue & Financial Results | Market Cap Arena

OPENOpendoor Technologies Inc.

$4B

Q4 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$870M-69.5% YoY

Gross Profit

$72M8.3% margin

Operating Income

-$115M-13.2% margin

Net Income

-$91M-10.5% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-11.2%

Cash Flow

Operating Cash Flow

-$542M

Free Cash Flow

-$551M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$2.6B

Stockholders' Equity

$967M

Cash & Equivalents

$999M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$870M	$2.9B	-69.5%
Gross Profit	$72M	$71M	+1.4%
Operating Income	-$115M	-$271M	+57.6%
Net Income	-$91M	-$399M	+77.2%