Opendoor Quarterly Income Statements Chart
Quarterly
|
Annual
Opendoor Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 1,567,000,000 | 1,153,000,000 | 1,084,000,000 | 1,377,000,000 | 1,511,000,000 | 1,181,000,000 | 870,000,000 | 980,000,000 | 1,976,000,000 | 3,120,000,000 | 2,857,000,000 | 3,361,000,000 | 4,198,000,000 | 5,151,000,000 | 3,821,986,000 | 2,266,354,000 | 1,185,386,000 | 747,274,000 | |
| yoy | 3.71% | -2.37% | 24.60% | 40.51% | -23.53% | -62.15% | -69.55% | -70.84% | -52.93% | -39.43% | -25.25% | 48.30% | 254.15% | 589.31% | |||||
| qoq | 35.91% | 6.37% | -21.28% | -8.87% | 27.94% | 35.75% | -11.22% | -50.40% | -36.67% | 9.21% | -15.00% | -19.94% | -18.50% | 34.77% | 68.64% | 91.19% | 58.63% | ||
| cost of revenue | 1,439,000,000 | 1,054,000,000 | 999,000,000 | 1,272,000,000 | 1,382,000,000 | 1,067,000,000 | 798,000,000 | 884,000,000 | 1,827,000,000 | 2,950,000,000 | 2,786,000,000 | 3,786,000,000 | 3,712,000,000 | 4,616,000,000 | 3,550,378,000 | 2,063,865,000 | 1,026,615,000 | 650,142,000 | |
| gross profit | 128,000,000 | 99,000,000 | 85,000,000 | 105,000,000 | 129,000,000 | 114,000,000 | 72,000,000 | 96,000,000 | 149,000,000 | 170,000,000 | 71,000,000 | -425,000,000 | 486,000,000 | 535,000,000 | 271,608,000 | 202,489,000 | 158,771,000 | 97,132,000 | |
| yoy | -0.78% | -13.16% | 18.06% | 9.38% | -13.42% | -32.94% | 1.41% | -122.59% | -69.34% | -68.22% | -73.86% | -309.89% | 206.10% | 450.80% | |||||
| qoq | 29.29% | 16.47% | -19.05% | -18.60% | 13.16% | 58.33% | -25.00% | -35.57% | -12.35% | 139.44% | -116.71% | -187.45% | -9.16% | 96.98% | 34.13% | 27.54% | 63.46% | ||
| gross margin % | 8.17% | 8.59% | 7.84% | 7.63% | 8.54% | 9.65% | 8.28% | 9.80% | 7.54% | 5.45% | 2.49% | -12.65% | 11.58% | 10.39% | 7.11% | 8.93% | 13.39% | 13.00% | |
| operating expenses: | |||||||||||||||||||
| sales, marketing and operations | 86,000,000 | 98,000,000 | 88,000,000 | 96,000,000 | 116,000,000 | 113,000,000 | 89,000,000 | 85,000,000 | 124,000,000 | 188,000,000 | 194,000,000 | 260,000,000 | 276,000,000 | 276,000,000 | 224,913,000 | 153,496,000 | 96,525,000 | 69,066,000 | |
| general and administrative | 28,000,000 | 33,000,000 | 41,000,000 | 46,000,000 | 48,000,000 | 47,000,000 | 48,000,000 | 48,000,000 | 44,000,000 | 66,000,000 | 23,000,000 | 85,000,000 | 137,000,000 | 101,000,000 | 117,200,000 | 90,105,000 | 190,611,000 | 222,084,000 | |
| technology and development | 21,000,000 | 21,000,000 | 33,000,000 | 30,000,000 | 37,000,000 | 41,000,000 | 46,000,000 | 42,000,000 | 39,000,000 | 40,000,000 | 48,000,000 | 40,000,000 | 41,000,000 | 40,000,000 | 31,640,000 | 27,295,000 | 24,388,000 | 50,677,000 | |
| restructuring | 6,000,000 | 3,000,000 | 4,000,000 | 10,000,000 | |||||||||||||||
| total operating expenses | 141,000,000 | 155,000,000 | 179,000,000 | 172,000,000 | 201,000,000 | 201,000,000 | 187,000,000 | 175,000,000 | 217,000,000 | 294,000,000 | 342,000,000 | 385,000,000 | 454,000,000 | 417,000,000 | 373,753,000 | 270,896,000 | 311,524,000 | 341,827,000 | |
| income from operations | -13,000,000 | -56,000,000 | -94,000,000 | -67,000,000 | -72,000,000 | -87,000,000 | -115,000,000 | -79,000,000 | -68,000,000 | -124,000,000 | -271,000,000 | -810,000,000 | 32,000,000 | 118,000,000 | -102,145,000 | -68,407,000 | -152,753,000 | -244,695,000 | |
| yoy | -81.94% | -35.63% | -18.26% | -15.19% | 5.88% | -29.84% | -57.56% | -90.25% | -312.50% | -205.08% | 165.31% | 1084.09% | -120.95% | -148.22% | |||||
| qoq | -76.79% | -40.43% | 40.30% | -6.94% | -17.24% | -24.35% | 45.57% | 16.18% | -45.16% | -54.24% | -66.54% | -2631.25% | -72.88% | -215.52% | 49.32% | -55.22% | -37.57% | ||
| operating margin % | -0.83% | -4.86% | -8.67% | -4.87% | -4.77% | -7.37% | -13.22% | -8.06% | -3.44% | -3.97% | -9.49% | -24.10% | 0.76% | 2.29% | -2.67% | -3.02% | -12.89% | -32.75% | |
| gain on extinguishment of debt | 10,000,000 | -1,000,000 | -1,000,000 | 34,000,000 | 104,000,000 | 78,000,000 | |||||||||||||
| interest expense | -36,000,000 | -33,000,000 | -32,000,000 | -34,000,000 | -30,000,000 | -37,000,000 | -37,000,000 | -47,000,000 | -53,000,000 | -74,000,000 | -113,000,000 | -115,000,000 | -89,000,000 | -68,000,000 | -72,625,000 | -43,550,000 | -15,826,000 | -10,999,000 | |
| other income – net | 10,000,000 | 4,000,000 | 14,000,000 | 23,000,000 | 12,000,000 | 15,000,000 | 27,000,000 | 20,000,000 | 41,000,000 | 19,000,000 | 10,000,000 | -2,000,000 | 4,000,000 | -22,000,000 | -15,601,000 | 51,965,000 | 1,012,000 | 624,000 | |
| income before income taxes | -29,000,000 | -85,000,000 | -113,000,000 | -78,000,000 | -91,000,000 | -109,000,000 | -91,000,000 | -106,000,000 | 24,000,000 | -101,000,000 | -399,000,000 | -927,000,000 | -53,000,000 | 28,000,000 | -190,550,000 | -56,493,000 | -143,615,000 | -270,342,000 | |
| income tax expense | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -390,000 | -326,000 | -190,000 | -94,000 | |||||||||||
| net income | -29,000,000 | -85,000,000 | -113,000,000 | -78,000,000 | -92,000,000 | -109,000,000 | -91,000,000 | -106,000,000 | 23,000,000 | -101,000,000 | -399,000,000 | -928,000,000 | -54,000,000 | 28,000,000 | -190,940,000 | -56,819,000 | -143,805,000 | -270,436,000 | |
| yoy | -68.48% | -22.02% | 24.18% | -26.42% | -500.00% | 7.92% | -77.19% | -88.58% | -142.59% | -460.71% | 108.97% | 1533.26% | -62.45% | -110.35% | |||||
| qoq | -65.88% | -24.78% | 44.87% | -15.22% | -15.60% | 19.78% | -14.15% | -560.87% | -122.77% | -74.69% | -57.00% | 1618.52% | -292.86% | -114.66% | 236.05% | -60.49% | -46.82% | ||
| net income margin % | -1.85% | -7.37% | -10.42% | -5.66% | -6.09% | -9.23% | -10.46% | -10.82% | 1.16% | -3.24% | -13.97% | -27.61% | -1.29% | 0.54% | -5.00% | -2.51% | -12.13% | -36.19% | |
| net income per share | |||||||||||||||||||
| basic | -0.04 | -0.12 | -0.16 | -0.11 | -0.13 | -0.16 | -0.14 | -0.16 | 0.04 | -0.16 | -0.63 | -1.47 | -0.09 | 0.05 | -0.32 | -0.09 | -0.24 | -0.48 | |
| diluted | -0.04 | -0.12 | -0.16 | -0.11 | -0.13 | -0.16 | -0.14 | -0.16 | 0.03 | -0.16 | -0.63 | -1.47 | -0.09 | 0.04 | -0.32 | -0.09 | -0.24 | -0.48 | |
| weighted-average shares outstanding: | |||||||||||||||||||
| basic | 729,484 | 723,542 | 699,457 | 705,359 | 693,445 | 682,457 | 657,111 | 662,149 | 646,062 | 641,916 | 627,105 | 629,535 | 624,958 | 619,137 | 592,574 | 603,389 | 588,374 | 565,381 | |
| diluted | 729,484 | 723,542 | 699,457 | 705,359 | 693,445 | 682,457 | 657,111 | 662,149 | 667,159 | 641,916 | 627,105 | 629,535 | 624,958 | 640,785 | 592,574 | 603,389 | 588,374 | 565,381 | |
| warrant fair value adjustment | |||||||||||||||||||
| derivative and warrant fair value adjustment | -179,000 | 3,499,000 | 23,952,000 | -15,272,000 |
We provide you with 20 years income statements for Opendoor stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Opendoor stock. Explore the full financial landscape of Opendoor stock with our expertly curated income statements.
The information provided in this report about Opendoor stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.