Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Opendoor Technologies Inc. Revenue & Financial Statements
Opendoor Technologies Inc. reported revenue of $4.4B for the fiscal year ended December 31, 2025, down 15.2% year over year, with net income of $(1.3B) and diluted EPS of $-1.70.
- Company
- Opendoor Technologies Inc. OPEN · NASDAQ
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 8.0B | 15.6B | 6.9B | 5.2B | 4.4B |
| Cost of revenue | 7.3B | 14.9B | 6.5B | 4.7B | 4.0B |
| Gross profit | 730.0M | 667.0M | 487.0M | 433.0M | 350.0M |
| Operating income | (568.0M) | (931.0M) | (386.0M) | (320.0M) | (287.0M) |
| Pretax income | (661.0M) | (1.4B) | (274.0M) | (393.0M) | 1.0M |
| Net income | (662.0M) | (1.4B) | (275.0M) | (392.0M) | (1.3B) |
| Diluted EPS | -1.12 | -2.16 | -0.42 | -0.56 | -1.70 |
| EBITDA | (541.0M) | (894.0M) | (348.0M) | (287.0M) | (256.0M) |
Quarterly
| USD | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2B | 1.5B | 1.4B | 1.1B | 1.2B | 1.6B | 915.0M | 736.0M |
| Cost of revenue | 1.1B | 1.4B | 1.3B | 999.0M | 1.1B | 1.4B | 849.0M | 679.0M |
| Gross profit | 114.0M | 129.0M | 105.0M | 85.0M | 99.0M | 128.0M | 66.0M | 57.0M |
| Operating income | (87.0M) | (72.0M) | (67.0M) | (94.0M) | (56.0M) | (13.0M) | (68.0M) | (150.0M) |
| Pretax income | (109.0M) | (91.0M) | (78.0M) | (113.0M) | (85.0M) | (29.0M) | (89.0M) | (1.1B) |
| Net income | (109.0M) | (92.0M) | (78.0M) | (113.0M) | (85.0M) | (29.0M) | (90.0M) | (1.1B) |
| Diluted EPS | -0.16 | -0.13 | -0.11 | -0.16 | -0.12 | -0.04 | -0.12 | -1.42 |
| EBITDA | (78.0M) | (63.0M) | (60.0M) | (86.0M) | (48.0M) | (5.0M) | (60.0M) | (143.0M) |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 9.5B | 6.6B | 3.6B | 3.1B | 2.4B |
| Current assets | 9.3B | 6.5B | 3.4B | 3.0B | 2.3B |
| Cash & equivalents | 1.7B | 1.1B | 999.0M | 671.0M | 962.0M |
| Total liabilities | 7.3B | 5.5B | 2.6B | 2.4B | 1.4B |
| Current liabilities | 4.4B | 1.5B | 70.0M | 529.0M | 327.0M |
| Long-term debt | — | — | — | — | — |
| Total debt | — | — | — | — | — |
| Stockholders’ equity | — | 1.1B | 967.0M | 713.0M | 1.0B |
| Net debt | — | — | — | — | — |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | (5.8B) | 730.0M | 2.3B | (595.0M) | 1.0B |
| Investing cash flow | (476.0M) | 234.0M | 44.0M | 28.0M | (12.0M) |
| Financing cash flow | 7.3B | (1.8B) | (2.6B) | (210.0M) | (499.0M) |
| Capital expenditure | 33.0M | 37.0M | 37.0M | 25.0M | 12.0M |
| Free cash flow | (5.8B) | 693.0M | 2.3B | (620.0M) | 1.0B |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 536.0M | 171.0M | 126.0M | 114.0M | 159.0M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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