Skip to content
OpenCapital
Get started

Opendoor Technologies Inc OPEN Q3 2025 earnings

Reported November 6, 2025 · After market close

Revenue$915.0MBeat by $65.4M
EPS-$0.08Miss by $0.00
Revenue estimate$849.6M
EPS estimate-$0.08

Next report

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

Financials

Q3 2025

Income statement

See full
Revenue$915.0M-33.6%
Gross profit$66.0M-37.1%
Operating income-$68.0M-1.5%
Net income-$90.0M-15.4%
EPS (diluted)-$0.12-9.1%

Balance sheet

See full
Cash & equivalents$1.5B+37.8%
Total debt$447.0M+1,843%
Total equity$811.0M+1.2%
Total assets$2.7B-20.8%

Cash flow

See full
Operating cash flow$435.0M—
CapEx$3.0M-50.0%
Free cash flow$432.0M—

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$5.91B+326%
Enterprise value$4.91B+1,280%
P/S1.3×+1.0×

Profitability

See full
Gross margin8%-0.5pp
Operating margin-4.9%-1.1pp
Net margin-6.7%-0.6pp
FCF margin18.8%—

Returns & leverage

See full
Return on equity-39.3%-1.2pp
Debt / equity0.6×+0.5×
Current ratio2.8×-1.7×

Versus estimates

Revenue

Q1 2026$720.0MBeat by $54.0MQ4 2025$736.0MBeat by $142.0M
Q3 2025$915.0MBeat by $65.4M
Q2 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 $0.13Q4 2025-$0.07Beat by $0.01
Q3 2025-$0.08Miss by $0.00
Q2 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 Q3 2025 earnings?
Opendoor Technologies Inc (OPEN) reported Q3 2025 earnings on November 6, 2025 after market close.
What were Opendoor Technologies Inc's Q3 2025 revenue and EPS?
Opendoor Technologies Inc reported revenue of $915.0M and eps of $-0.08 for Q3 2025.
Did Opendoor Technologies Inc beat estimates in Q3 2025?
Revenue beat the consensus estimate of $849.6M by $65.4M. EPS missed the consensus estimate of $-0.08 by $0.00.
How did Opendoor Technologies Inc's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 33.6% from $1.4B a year earlier and eps grew 20.0% from $-0.10.
Where can I find Opendoor Technologies Inc's Q3 2025 SEC filings?
You can read the 8-K earnings release (0001801169-25-000090) and the 10-Q periodic report (0001801169-25-000092) directly on SEC EDGAR. The filing index links above go to sec.gov.