Opendoor Financial Statements From 2010 to 2026

OPEN Stock  USD 6.93  0.61  9.65%   
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
5.8 B
Enterprise Value Revenue
1.4017
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 6th of January 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 0.24, Dividend Yield of 0.0 or PTB Ratio of 2.88. 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 Ratio0.240.250.6738
Pretty Stable
Stock Based Compensation To Revenue0.00540.00530.005
Slightly volatile
Capex To Depreciation0.680.540.5205
Pretty Stable
EV To Sales0.590.622.2686
Slightly volatile
Inventory Turnover2.31.972.0207
Slightly volatile
Days Of Inventory On Hand181192227
Slightly volatile
Payables Turnover448472839
Slightly volatile
Sales General And Administrative To Revenue0.04660.04060.0465
Slightly volatile
Research And Ddevelopement To Revenue0.0150.02460.0205
Pretty Stable
Capex To Revenue0.00610.00560.0049
Pretty Stable
Cash Per Share1.061.122.0011
Pretty Stable
Days Payables Outstanding0.540.80.9079
Slightly volatile
Intangibles To Total Assets0.0010.00110.0069
Slightly volatile
Current Ratio8.015.15.6895
Slightly volatile
Capex Per Share0.0390.04110.0826
Very volatile
Revenue Per Share8.058.4717.7393
Pretty Stable
Interest Debt Per Share3.834.034.8525
Slightly volatile
Debt To Assets0.520.670.6274
Pretty Stable
Operating Cycle181192227
Slightly volatile
Days Of Payables Outstanding0.540.80.9079
Slightly volatile
Ebt Per Ebit1.391.411.3258
Slightly volatile
Total Debt To Capitalization0.940.880.7521
Pretty Stable
Quick Ratio1.351.432.2811
Slightly volatile
Net Income Per E B T1.11.151.0165
Slightly volatile
Cash Ratio1.081.141.475
Slightly volatile
Cash Conversion Cycle181192226
Slightly volatile
Days Of Inventory Outstanding181192227
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.111.21.0289
Slightly volatile
Fixed Asset Turnover67.2670.2790.8285
Slightly volatile
Debt Ratio0.520.670.6274
Pretty Stable
Price Sales Ratio0.240.250.6738
Pretty Stable
Asset Turnover1.271.481.2845
Slightly volatile
Gross Profit Margin0.08280.09660.0844
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 0.01  0.01 
Sales General And Administrative To Revenue 0.04  0.05 
Research And Ddevelopement To Revenue 0.02  0.02 
Capex To Revenue 0.01  0.01 
Revenue Per Share 8.47  8.05 
Ebit Per Revenue(0.06)(0.06)

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 against Opendoor Stock

  0.42KW Kennedy Wilson HoldingsPairCorr
  0.37VTMX Corporacin InmobiliariaPairCorr
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Opendoor Technologies. If investors know Opendoor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Opendoor Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.44)
Revenue Per Share
6.483
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.04)
Return On Equity
(0.39)
The market value of Opendoor Technologies is measured differently than its book value, which is the value of Opendoor that is recorded on the company's balance sheet. Investors also form their own opinion of Opendoor Technologies' value that differs from its market value or its book value, called intrinsic value, which is Opendoor Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Opendoor Technologies' market value can be influenced by many factors that don't directly affect Opendoor Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Opendoor Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Opendoor Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opendoor Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.