Saturday 17 October 2026 Export OPEN’s income statement to Excel — free account

Opendoor Technologies Inc.

Opendoor Technologies Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, down 15.2% from fiscal 2024. In the quarter to June 2026, revenue fell 43.7%, EPS fell 325.0%, free cash flow fell 188.1% and total debt fell 10.1%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

2.12 0.20 −8.62%

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Market cap: $2.3B
P/E: 0.0×
Fwd P/E: −11.7×
Dividend yield: —
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 1.59

Total sells 1.49

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	—	—	1	—	—	1	—	—
Sell	1	—	—	1	—	1	1	1	1	—	—	—

Insider Ownership 15.59%

Capital & Financial Ratios $m

Market Cap 2,250.00

Revenue 3,254.00

Net Income (1,521.00)

Free Cash Flow (474.00)

Net Debt 994.00

Current Ratio 2.94

Debt/Equity 2.14

P/E ratio 0.00

Fwd P/E (11.70)

P/S ratio 0.63

P/B ratio 2.24

Past 5Y EPS Growth —

This Y EPS Growth 62.61%

Next Y EPS Growth 44.09%

Next Y revenue growth (12.22%)

Next 5Y EPS Growth 40.41%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 60.14%

10-year low 10-year high

P/B against its own 10 years 52.17%

10-year low 10-year high

EV/Sales against its own 10 years 65.98%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,609	771	1,301	962
Receivables	9	6	4	13
Inventory	1,775	2,159	925	1,845
Other	52	61	69	30
	3,445	2,997	2,299	2,850

	2023	2024	2025	Q'26
Payables	64	92	80	78
ST’ Debt	—	432	245	885
Other	—	—	—	—
	70	529	327	968

Compound Annual Growth %

	10y	5y	3y
Sales	(0.81%)	11.09%	(34.52%)
Cash Flow	0.00%	8.99%	12.85%
Earnings	0.00%	0.00%	0.00%
Book Value	0.00%	(8.34%)	(2.55%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	720	883	—	—	—
’25	1,153	1,567	915	736	4,371
’24	1,181	1,511	1,377	1,084	5,153
’23	3,120	1,976	980	870	6,946
’22	5,151	4,198	3,361	2,857	15,567
’21	747	1,186	2,266	3,822	8,021
’20	1,256	740	339	249	2,583

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(246)	(718)	—	—	—
’25	(279)	823	435	70	1,049
’24	(178)	(399)	62	(80)	(595)
’23	2,162	940	(216)	(542)	2,344
’22	1,550	(1,893)	(322)	1,395	730
’21	(405)	(1,907)	(3,592)	110	(5,794)
’20	436	514	87	(355)	682

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(250)	(723)	—	—	—
’25	(283)	821	432	67	1,037
’24	(186)	(407)	56	(83)	(620)
’23	2,154	931	(227)	(551)	2,307
’22	1,540	(1,903)	(335)	1,391	693
’22	—	—	—	—	730
’21	(409)	(1,914)	(3,605)	100	(5,828)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.18)	(0.17)	—	—	—
’25	(0.12)	(0.04)	(0.12)	(1.26)	(1.70)
’24	(0.16)	(0.13)	(0.11)	(0.16)	(0.56)
’23	(0.16)	0.03	(0.16)	(0.14)	(0.42)
’22	0.04	(0.09)	(1.47)	(0.63)	(2.16)
’21	(0.48)	(0.24)	(0.09)	(0.31)	(1.12)
’20	(0.74)	(0.66)	(0.91)	(0.49)	(2.62)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	10.55	12.65	0.92	1.03	1.52	0.51	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	32.39	39.24	15.24	5.41	4.40	10.87
People
People	Employees	—	—	—	—	1,048	2,816	2,570	1,982	1,470	1,042
	Revenue/emp, $m	—	—	0.00	0.00	2.46	2.85	6.06	3.50	3.51	4.19
Income, $m
Income, $m	Revenue	—	—	1,838	4,741	2,583	8,021	15,567	6,946	5,153	4,371
	Gross margin, %	—	—	7.26	6.35	8.52	9.10	4.28	7.01	8.40	8.01
	EBT	—	—	(240)	(339)	(253)	(661)	(1,351)	(274)	(391)	(1,300)
	EBT margin, %	—	—	(13.03)	(7.15)	(9.79)	(8.24)	(8.68)	(3.94)	(7.59)	(29.74)
	Net income	—	0	(240)	(339)	(253)	(662)	(1,353)	(275)	(392)	(1,300)
	Depreciation	—	—	13	39	63	55	150	72	53	46
Per share, $
Per share, $	Revenue	—	—	23.40	59.28	23.63	13.54	24.82	10.57	7.37	5.70
	Earnings	—	—	(3.05)	(4.24)	(2.62)	(1.12)	(2.16)	(0.42)	(0.56)	(1.70)
	Cash flow	—	—	(15.01)	(3.40)	6.24	(9.78)	1.16	3.57	(0.85)	1.37
	Capex	—	—	(0.25)	(0.35)	(0.16)	(0.06)	(0.06)	(0.06)	(0.04)	(0.02)
	Free cash flow	—	—	(15.27)	(3.75)	6.08	(9.84)	1.11	3.51	(0.89)	1.35
	Book value	—	—	0.00	(9.17)	14.21	3.79	1.73	1.47	1.02	1.31
	Shares, m	—	—	79	80	109	593	627	657	699	767
Valuation, ×
Valuation, ×	P/E	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	0.00	0.00	0.96	1.08	0.04	0.40	0.22	1.02
	P/B	—	—	266,909.29	266,909.29	1.60	3.85	0.64	2.91	1.57	4.45
	EV/Sales	—	—	0.00	0.00	0.43	1.58	0.26	0.54	0.51	1.03
	EV/FCF	—	—	0.00	0.00	1.68	(2.17)	5.94	1.61	(4.27)	4.33
Cash, $m
Cash, $m	Operating cash flow	—	—	(1,180)	(272)	682	(5,794)	730	2,344	(595)	1,049
	Capex	—	—	(20)	(28)	(17)	(34)	(37)	(37)	(25)	(12)
	Free cash flow	—	—	(1,200)	(300)	665	(5,828)	693	2,307	(620)	1,037
Balance, $m
Balance, $m	Working capital	—	—	—	961	1,660	4,940	4,961	3,375	2,468	1,972
	Total debt	—	—	—	1,436	142	7,063	5,355	2,510	2,302	1,313
	Net debt	—	—	—	708	(1,412)	4,001	3,420	901	1,531	12
	Shareholders’ equity	—	—	—	(733)	1,553	2,248	1,086	967	713	1,005
Returns, %
Returns, %	ROA	—	—	0.00	(30.56)	(11.48)	(11.33)	(16.79)	(5.41)	(11.71)	(46.99)
	ROIC	—	—	0.00	0.00	(82.17)	(5.68)	(12.91)	(12.91)	(8.91)	(17.64)
	ROE	—	—	0.00	46.52	(61.72)	(34.83)	(81.16)	(26.79)	(46.67)	(151.34)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
FSV FirstService Corporation	$6.2B	38.3×	34.9×	+2.37% (above 0%: growing)	−0.99% (below 0%: shrinking)	−23.87% (below 0%: shrinking)	33.17%	6.88%	Compare
CIGI Colliers International Group Inc.	$4.6B	42.6×	49.4×	+16.68% (above 0%: growing)	+600.00% (above 0%: growing)	+285.13% (above 0%: growing)	40.39%	6.26%	Compare
IHS IHS Holding Limited	$2.9B	20.1×	7.6×	+10.41% (above 0%: growing)	n/m	−41.30% (below 0%: shrinking)	48.32%	19.32%	Compare
CWK Cushman & Wakefield PLC	$2.7B	39.0×	11.1×	+11.22% (above 0%: growing)	−12.00% (below 0%: shrinking)	+15,066.67% (above 0%: growing)	18.53%	4.86%	Compare
OPEN Opendoor Technologies Inc.	$2.3B	— (loss-making)	— (loss-making)	−43.65% (below 0%: shrinking)	n/m	−188.06% (below 0%: shrinking)	9.74%	(16.31%)
NMRK Newmark Group, Inc.	$2.2B	14.3×	15.4×	+17.03% (above 0%: growing)	−8.33% (below 0%: shrinking)	+188.46% (above 0%: growing)	100.00%	4.55%	Compare
IRS IRSA Inversiones Y Representaciones S.A.	$1.2B	3.7×	—	+6.47% (above 0%: growing)	n/m	−60.83% (below 0%: shrinking)	63.23%	(78.13%)	Compare
HBNB Hotel101 Global Holdings Corp.	$1.1B	—	—	—	—	—	—	—	Compare
MMI Marcus & Millichap, Inc.	$1.1B	76.6×	83.6×	+17.78% (above 0%: growing)	n/m	+10.09% (above 0%: growing)	37.58%	1.09%	Compare
Median of peers	$2.4B	38.3×	25.2×	+11.22%	−4.66%	+10.09%	40.39%	4.86%

All 46 Real Estate Services stocks →

Opendoor Technologies Inc. (OPEN) key facts

Concern: Opendoor Technologies Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, down 15.2% from fiscal 2024.
Opendoor Technologies Inc. (OPEN) is a Real Estate Services company in the Real Estate sector, listed on Nasdaq.
As of October 16, 2026, OPEN traded at $2.12, a market capitalization of $2.3 billion.
Return on equity was −151.3% and debt-to-equity 2.14.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.