Opendoor Historical Income Statement
| OPEN Stock | USD 1.43 0.03 2.05% |
Historical analysis of Opendoor Technologies income statement accounts such as Depreciation And Amortization of 78.7 M can show how well Opendoor Technologies performed in making a profits. Evaluating Opendoor Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Opendoor Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Opendoor Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Opendoor Technologies is a good buy for the upcoming year.
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About Opendoor Income Statement Analysis
Opendoor Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Opendoor Technologies shareholders. The income statement also shows Opendoor investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Opendoor Technologies Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Opendoor Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Opendoor Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Opendoor Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opendoor Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.At this time, Opendoor Technologies' Selling General Administrative is very stable compared to the past year. As of the 31st of January 2025, Total Operating Expenses is likely to grow to about 866.6 M, while Interest Expense is likely to drop about 153.6 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 667M | 487M | 560.1M | 465.3M | Total Revenue | 15.6B | 6.9B | 8.0B | 7.3B |
Opendoor Technologies income statement Correlations
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Opendoor Technologies Account Relationship Matchups
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Opendoor Technologies income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 67.8M | 143M | 385M | 211M | 242.7M | 153.6M | |
| Ebit | (2.9B) | (9.0B) | (17.2B) | (362M) | (325.8M) | (342.1M) | |
| Net Income Applicable To Common Shares | (341.0M) | (286.8M) | (662M) | (1.4B) | (1.2B) | (1.2B) | |
| Tax Provision | 252K | 63K | 1M | 2M | 1.2M | 860.2K | |
| Net Interest Income | (67.8M) | (143M) | (385M) | (287M) | (258.3M) | (271.2M) | |
| Depreciation And Amortization | 2.8B | 8.6B | 16.4B | 72M | 82.8M | 78.7M | |
| Selling General Administrative | 152.8M | 620M | 346M | 206M | 236.9M | 277.0M | |
| Selling And Marketing Expenses | 194.7M | 544M | 1.0B | 486M | 558.9M | 515.4M | |
| Total Revenue | 2.6B | 8.0B | 15.6B | 6.9B | 8.0B | 7.3B | |
| Gross Profit | 219.8M | 730M | 667M | 487M | 560.1M | 465.3M | |
| Other Operating Expenses | 2.8B | 8.6B | 16.4B | 7.3B | 8.4B | 7.7B | |
| Operating Income | (185.9M) | (568M) | (854M) | (362M) | (325.8M) | (342.1M) | |
| Net Income From Continuing Ops | (286.8M) | (662M) | (1.4B) | (583M) | (524.7M) | (550.9M) | |
| Research Development | 58.2M | 134M | 169M | 167M | 192.1M | 111.4M | |
| Ebitda | (122M) | (463M) | (761M) | (290M) | (261M) | (274.1M) | |
| Cost Of Revenue | 2.4B | 7.3B | 14.9B | 6.5B | 7.4B | 6.8B | |
| Total Operating Expenses | 405.7M | 1.3B | 1.5B | 656M | 754.4M | 866.6M | |
| Reconciled Depreciation | 62.3M | 55M | 90M | 80M | 92M | 62.2M | |
| Income Before Tax | (286.7M) | (661M) | (1.4B) | (274M) | (246.6M) | (258.9M) | |
| Total Other Income Expense Net | (100M) | (93M) | (500M) | 88M | 79.2M | 83.2M | |
| Net Income | (286.8M) | (662M) | (1.4B) | (275M) | (247.5M) | (259.9M) | |
| Income Tax Expense | 125M | 63K | 1M | 2M | 900K | 855K |
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
| 0.84 | KW | Kennedy Wilson Holdings | PairCorr |
| 0.78 | EXPI | eXp World Holdings | PairCorr |
| 0.79 | CWK | Cushman Wakefield plc | PairCorr |
Moving against Opendoor Stock
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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opendoor Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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 (0.54) | Revenue Per Share | Quarterly Revenue Growth 0.405 | Return On Assets | Return On Equity |
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.