Opendoor Technologies Inc. (OPEN) — Financial statements
Income statement, balance sheet, and cash flow for Opendoor Technologies Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,371↓15.2% | 5,153↓25.8% | 6,946↓55.4% | 15,567↑94.1% | 8,021 | |
| Cost of Revenue | 4,067↓13.8% | 4,720↓26.9% | 6,459↓56.7% | 14,900↑104.4% | 7,291 | |
| Gross Profit | 304↓29.8% | 433↓11.1% | 487↓27.0% | 667↓8.6% | 730 | |
| Operating Expenses | ||||||
| R&D Expenses | 79↓44.0% | 141↓15.6% | 167↓1.2% | 169↑26.1% | 134 | |
| General & Administrative Expenses | 238↑30.8% | 182↓11.7% | 206↓40.5% | 346↓44.2% | 620 | |
| Selling & Marketing Expenses | 310↓24.9% | 413↓15.0% | 486↓51.7% | 1,006↑84.9% | 544 | |
| SG&A Expenses | 548↓7.9% | 595↓14.0% | 692↓48.8% | 1,352↑16.2% | 1,164 | |
| Other Expenses | -50↓394.1% | 17↑21.4% | 14↓81.8% | 77 | 0.00 | |
| Operating Expenses | 577↓23.4% | 753↓13.7% | 873↓45.4% | 1,598↑23.1% | 1,298 | |
| Total Costs & Expenses | 4,644↓15.1% | 5,473↓25.4% | 7,332↓55.6% | 16,498↑92.1% | 8,589 | |
| Operating Results | ||||||
| Operating Income | -273↑14.7% | -320↑17.1% | -386↑58.5% | -931↓63.9% | -568 | |
| Depreciation & Amortization | 46↓13.2% | 53↓26.4% | 72↓20.0% | 90↑63.6% | 55 | |
| EBITDA | -1,123↓362.1% | -243↓2800.0% | 9↑101.0% | -876↓72.1% | -509 | |
| EBIT | -1,169↓294.9% | -296↓369.8% | -63↑93.5% | -966↓71.3% | -564 | |
| Interest & Other Income | ||||||
| Net Interest Income | -131↑1.5% | -133↑37.0% | -211↑45.2% | -385↓169.2% | -143 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 131↓1.5% | 133↓37.0% | 211↓45.2% | 385↑169.2% | 143 | |
| Non-Operating Income | 896↑3833.3% | -24↑92.6% | -323↓1022.9% | 35↑975.0% | -4 | |
| Other Income / Expenses | -1,027↓1346.5% | -71↓163.4% | 112↑126.7% | -420↓351.6% | -93 | |
| Income Before Tax | -1,300↓232.5% | -391↓42.7% | -274↑79.7% | -1,351↓104.4% | -661 | |
| Income Tax Expense | 0.00↓100.0% | 1↑0.0% | 1↓50.0% | 2↑100.0% | 1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -1,300↓231.6% | -392↓42.5% | -275↑79.7% | -1,353↓104.4% | -662 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -1,300↓231.6% | -392↓42.5% | -275↑79.7% | -1,353↓104.4% | -662 | |
| Bottom-Line Net Income | -1,300↓231.6% | -392↓42.5% | -275↑79.7% | -1,353↓104.4% | -662 | |
| EPS (Basic) | -1.70↓203.6% | -0.56↓33.3% | -0.42↑80.6% | -2.16↓92.9% | -1.12 | |
| EPS (Diluted) | -1.70↓203.6% | -0.56↓33.3% | -0.42↑80.6% | -2.16↓92.9% | -1.12 | |
| Weighted Average Shares | 767↑9.6% | 699↑6.4% | 657↑4.8% | 627↑5.8% | 593 | |
| Weighted Average Diluted Shares | 767↑9.6% | 699↑6.4% | 657↑4.8% | 627↑5.8% | 593 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.