Opendoor Financial Statements From 2010 to 2026

OPEN Stock  USD 4.63  0.30  6.93%   
Opendoor Technologies' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Opendoor Technologies' valuation are provided below:
Gross Profit
378 M
Profit Margin
(0.07)
Market Capitalization
4.4 B
Enterprise Value Revenue
1.0732
Revenue
4.7 B
We have found one hundred twenty available trending fundamental ratios for Opendoor Technologies, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Opendoor Technologies' recent fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 20th of February 2026, Market Cap is likely to drop to about 2 B

Opendoor Technologies Total Revenue

6.26 Billion

Check Opendoor Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Opendoor Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.9 M, Interest Expense of 152.7 M or Selling General Administrative of 237.9 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0 or PTB Ratio of 3.14. Opendoor financial statements analysis is a perfect complement when working with Opendoor Technologies Valuation or Volatility modules.
  
Build AI portfolio with Opendoor Stock
Check out the analysis of Opendoor Technologies Correlation against competitors.
To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.

Opendoor Technologies Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding460.6 M804.4 M287.9 M
Slightly volatile
Total Assets4.6 B3.6 B3.1 B
Slightly volatile
Short and Long Term Debt Total3.2 B2.7 B2.1 B
Slightly volatile
Other Current Liabilities66.3 M89.7 M47.8 M
Slightly volatile
Total Current Liabilities452.3 M476.1 M1.1 B
Very volatile
Other Liabilities80.4 K84.6 K5.2 M
Pretty Stable
Property Plant And Equipment Net84.1 M75.9 M49.4 M
Slightly volatile
Accounts Payable5.5 M10.3 M5.9 M
Very volatile
CashB771.6 M619.4 M
Slightly volatile
Non Current Assets Total135.2 M148.3 M83.3 M
Slightly volatile
Non Currrent Assets Other72.5 M69 M17.3 M
Slightly volatile
Other Assets2.3 M1.8 M2.7 M
Slightly volatile
Cash And Short Term Investments1.2 B780.9 M679.6 M
Slightly volatile
Good Will2.6 M2.7 M13.1 M
Very volatile
Short Term Investments8.7 M9.2 M52.7 M
Pretty Stable
Liabilities And Stockholders Equity4.6 B3.6 B3.1 B
Slightly volatile
Non Current Liabilities Total2.1 B2.2 B1.1 B
Slightly volatile
Inventory2.8 B2.5 BB
Slightly volatile
Other Current Assets167.2 M175.9 M287 M
Slightly volatile
Other Stockholder Equity3.1 B5.1 B1.6 B
Slightly volatile
Total Liabilities3.5 B2.8 B2.3 B
Slightly volatile
Total Current Assets4.4 B3.4 BB
Slightly volatile
Short Term Debt371.1 M390.6 MB
Pretty Stable
Intangible Assets9.9 M5.8 M6.2 M
Slightly volatile
Property Plant Equipment64 M113.8 M47.7 M
Slightly volatile
Long Term Debt2.1 B2.2 B1.1 B
Slightly volatile
Capital Lease Obligations12.8 M13.5 M49.6 M
Slightly volatile
Net Invested Capital4.6 B3.5 B2.3 B
Slightly volatile
Property Plant And Equipment Gross126.9 M162.2 M108.2 M
Slightly volatile
Short and Long Term Debt369.4 M388.8 M1.1 B
Pretty Stable
Non Current Liabilities Other633 K1.1 M468.1 K
Slightly volatile
Net Working Capital3.4 B2.8 BB
Slightly volatile
Common Stock39.6 K62.1 K32.5 K
Slightly volatile
Common Stock Total Equity43.2 K48.6 K53 K
Slightly volatile

Opendoor Technologies Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization53.9 M61 M32.9 M
Slightly volatile
Selling General Administrative237.9 M209.3 M143.3 M
Slightly volatile
Selling And Marketing Expenses453.6 M474.9 M279.6 M
Slightly volatile
Total Revenue6.3 B5.9 B3.7 B
Slightly volatile
Gross Profit417.7 M497.9 M259.9 M
Slightly volatile
Other Operating Expenses6.7 B6.3 B3.9 B
Slightly volatile
Research Development105.1 M162.2 M67.3 M
Slightly volatile
Cost Of Revenue5.8 B5.4 B3.4 B
Slightly volatile
Total Operating Expenses811.5 M866 M498.6 M
Slightly volatile
Income Tax Expense791.2 K1.1 M478.2 K
Slightly volatile
Tax Provision894.5 K1.1 M632.5 K
Slightly volatile
Reconciled Depreciation61.7 M61 M36.3 M
Slightly volatile

Opendoor Technologies Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation138.9 M131.1 M76.9 M
Slightly volatile
Begin Period Cash Flow1.2 B1.8 B767.7 M
Slightly volatile
Depreciation54 M61 M32.9 M
Slightly volatile
Capital Expenditures27.5 M28.8 M16.2 M
Slightly volatile
End Period Cash Flow1.3 B877.5 M717.9 M
Slightly volatile
Change To Netincome1.3 B1.2 B371.9 M
Slightly volatile
Dividends Paid257 M289.1 M315.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.951.02240.761
Very volatile
Stock Based Compensation To Revenue0.03820.03640.0158
Slightly volatile
Capex To Depreciation0.250.26090.4788
Very volatile
EV To Sales1.210.84652.3184
Slightly volatile
Inventory Turnover2.444.3472.1688
Slightly volatile
Days Of Inventory On Hand79.7783.9654215
Slightly volatile
Payables Turnover448472839
Slightly volatile
Sales General And Administrative To Revenue0.04810.05440.0474
Pretty Stable
Research And Ddevelopement To Revenue0.0150.01810.0201
Slightly volatile
Capex To Revenue0.00260.00270.0046
Very volatile
Cash Per Share1.191.2552.0167
Pretty Stable
Days Payables Outstanding0.540.80.9079
Slightly volatile
Intangibles To Total Assets0.00120.00120.0069
Slightly volatile
Current Ratio7.717.03065.7854
Slightly volatile
Capex Per Share0.01490.01570.0797
Pretty Stable
Revenue Per Share5.425.702317.4217
Pretty Stable
Interest Debt Per Share0.07680.08094.3994
Pretty Stable
Debt To Assets0.07620.08020.5666
Slightly volatile
Operating Cycle79.7783.9654215
Slightly volatile
Days Of Payables Outstanding0.540.80.9079
Slightly volatile
Ebt Per Ebit4.764.52961.7075
Slightly volatile
Total Debt To Capitalization0.150.16110.6633
Pretty Stable
Quick Ratio3.694.20182.5818
Slightly volatile
Net Income Per E B T1.11.151.0165
Slightly volatile
Cash Ratio2.382.94191.6574
Slightly volatile
Cash Conversion Cycle79.7783.9654214
Slightly volatile
Days Of Inventory Outstanding79.7783.9654215
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.110.98861.0165
Pretty Stable
Fixed Asset Turnover71.3412594.2812
Pretty Stable
Debt Ratio0.07620.08020.5666
Slightly volatile
Price Sales Ratio0.951.02240.761
Very volatile
Asset Turnover1.31.8161.306
Slightly volatile
Gross Profit Margin0.08340.08010.0835
Slightly volatile

Opendoor Technologies Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB2.6 B1.7 B
Slightly volatile
Enterprise Value2.1 B2.3 B4.5 B
Slightly volatile

Opendoor Fundamental Market Drivers

Forward Price Earnings40.3226
Cash And Short Term Investments679 M

Opendoor Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Opendoor Technologies Financial Statements

Opendoor Technologies investors utilize fundamental indicators, such as revenue or net income, to predict how Opendoor Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-6.3 M-6.6 M
Total Revenue5.9 B6.3 B
Cost Of Revenue5.4 B5.8 B
Stock Based Compensation To Revenue 0.04  0.04 
Sales General And Administrative To Revenue 0.05  0.05 
Research And Ddevelopement To Revenue 0.02  0.02 
Revenue Per Share 5.70  5.42 
Ebit Per Revenue(0.07)(0.07)

Pair Trading with Opendoor Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Opendoor Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Opendoor Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Opendoor Stock

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Moving against Opendoor Stock

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The ability to find closely correlated positions to Opendoor Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Opendoor Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Opendoor Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Opendoor Technologies to buy it.
The correlation of Opendoor Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Opendoor Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Opendoor Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Opendoor Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Opendoor Technologies is a strong investment it is important to analyze Opendoor Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Opendoor Technologies' future performance. For an informed investment choice regarding Opendoor Stock, refer to the following important reports:
Check out the analysis of Opendoor Technologies Correlation against competitors.
To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Will Real Estate Management & Development sector continue expanding? Could Opendoor diversify its offerings? Factors like these will boost the valuation of Opendoor Technologies. Anticipated expansion of Opendoor directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Opendoor Technologies data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(0.44)
Revenue Per Share
6.483
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.04)
Return On Equity
(0.39)
Investors evaluate Opendoor Technologies using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Opendoor Technologies' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Opendoor Technologies' market price to deviate significantly from intrinsic value.
It's important to distinguish between Opendoor Technologies' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Opendoor Technologies should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Opendoor Technologies' market price signifies the transaction level at which participants voluntarily complete trades.