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Opendoor Technologies Inc OPEN Q2 2026 earnings

Reported August 4, 2026 · After market close

Revenue$883.0MMiss by $23.0M
EPS-$0.17Miss by $0.10
Revenue estimate$906.0M
EPS estimate-$0.07

Next report

Nov 5, 2026 (In 4 days)
Revenue estimate$1.1B
EPS estimate-$0.16

Financials

Q2 2026

Income statement

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Revenue$883.0M-43.7%
Gross profit$86.0M-32.8%
Operating income-$144.0M-1,008%
Net income-$162.0M-459%
EPS (diluted)-$0.17-325%

Balance sheet

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Cash & equivalents$962.0M-18.8%
Total debt$202.0M+2,425%
Total equity$914.0M+44.8%
Total assets$3.0B+1.9%

Cash flow

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Operating cash flow-$718.0M-187%
CapEx$5.0M+150%
Free cash flow-$723.0M-188%

Valuation & ratios

Valuation

as of 10/30/26
See full
Market cap$1.85B-66.1%
Enterprise value$1.09B-75.6%
P/S0.6×-0.6×

Profitability

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Gross margin8.6%+0.6pp
Operating margin-16%-26.0pp
Net margin-46.7%-54.6pp
FCF margin-14.6%-23.3pp

Returns & leverage

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Return on equity-196.9%-268pp
Debt / equity0.2×+0.2×
Current ratio2.9×-1.4×

Segments

By segment

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Reportable Segment$883.0M—

FAQ

When did Opendoor Technologies Inc report Q2 2026 earnings?
Opendoor Technologies Inc (OPEN) reported Q2 2026 earnings on August 4, 2026 after market close.
What were Opendoor Technologies Inc's Q2 2026 revenue and EPS?
Opendoor Technologies Inc reported revenue of $883.0M and eps of $-0.17 for Q2 2026.
Did Opendoor Technologies Inc beat estimates in Q2 2026?
Revenue missed the consensus estimate of $906.0M by $23.0M. EPS missed the consensus estimate of $-0.07 by $0.10.
How did Opendoor Technologies Inc's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 43.7% from $1.6B a year earlier and eps declined 1600.0% from $-0.01.
Where can I find Opendoor Technologies Inc's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001801169-26-000019) and the 10-Q periodic report (0001801169-26-000021) directly on SEC EDGAR. The filing index links above go to sec.gov.