Skip to content
OpenCapital
Get started

Opendoor Technologies Inc OPEN Q1 2026 earnings

Reported May 7, 2026 · After market close

Revenue$720.0MBeat by $54.0M
EPS-$0.18Miss by $0.13
Revenue estimate$666.0M
EPS estimate-$0.05

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$906.0M
EPS estimate-$0.03

Financials

Q1 2026

Income statement

See full
Revenue$720.0M-37.6%
Gross profit$72.0M-27.3%
Operating income-$159.0M-184%
Net income-$173.0M-104%
EPS (diluted)-$0.18-50.0%

Balance sheet

See full
Cash & equivalents$1.1B+54.0%
Total debt$200.0M+1,233%
Total equity$954.0M+47.9%
Total assets$2.3B-28.3%

Cash flow

See full
Operating cash flow-$246.0M+11.8%
CapEx$4.0M0.0%
Free cash flow-$250.0M+11.7%

Valuation & ratios

Valuation

as of 07/28/26
See full
Market cap$3.71B+118%
Enterprise value$2.85B+438%
P/S0.9×+0.6×

Profitability

See full
Gross margin8.2%0.0pp
Operating margin-9.9%+30.7pp
Net margin-35.2%-47.4pp
FCF margin27.2%+20.0pp

Returns & leverage

See full
Return on equity-173.6%-279pp
Debt / equity0.2×+0.2×
Current ratio7.1×+4.1×

Segments

By segment

See full
Reportable Segment$720.0M-37.6%

Versus estimates

Revenue

Q1 2026$720.0MBeat by $54.0M
Q4 2025$736.0MBeat by $142.0MQ3 2025$915.0MBeat by $65.4MQ2 2025$1.6BBeat by $705.8MQ1 2025$1.2BBeat by $93.7MQ4 2024$1.1BBeat by $101.7M

Diluted EPS

Q1 2026-$0.18Miss by $0.13
Q4 2025-$0.07Beat by $0.01Q3 2025-$0.08Miss by $0.00Q2 2025-$0.01In lineQ1 2025-$0.09Beat by $0.02Q4 2024-$0.11Beat by $0.03

Ask the moment Opendoor Technologies Inc reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Opendoor Technologies Inc report Q1 2026 earnings?
Opendoor Technologies Inc (OPEN) reported Q1 2026 earnings on May 7, 2026 after market close.
What were Opendoor Technologies Inc's Q1 2026 revenue and EPS?
Opendoor Technologies Inc reported revenue of $720.0M and eps of $-0.18 for Q1 2026.
Did Opendoor Technologies Inc beat estimates in Q1 2026?
Revenue beat the consensus estimate of $666.0M by $54.0M. EPS missed the consensus estimate of $-0.05 by $0.13.
How did Opendoor Technologies Inc's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 37.6% from $1.2B a year earlier and eps declined 100.0% from $-0.09.
Where can I find Opendoor Technologies Inc's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001801169-26-000013) and the 10-Q periodic report (0001801169-26-000014) directly on SEC EDGAR. The filing index links above go to sec.gov.