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Opendoor Technologies Inc OPEN Settlement of Capped Calls related to convertible senior notes

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$3.38B+99.1%
Enterprise value$2.52B+381%
P/S0.9×+0.5×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Opendoor Technologies Inc in its filing.

Tagged under the XBRL concept open:ProceedsFromSettlementOfCappedCallsRelatedToConvertibleSeniorNotes.

The source filing: Opendoor Technologies Inc’s 10-K, filed February 19, 2026. Open the filing →

Filed
Feb 19, 2026, 4:25 PM EST
Fiscal year
FY2025
Accession
0001801169-26-000010

FAQ

What is Opendoor Technologies Inc's settlement of capped calls related to convertible senior notes?
Opendoor Technologies Inc (OPEN) reported settlement of capped calls related to convertible senior notes of $250K in Q4 2025.
How has Opendoor Technologies Inc's settlement of capped calls related to convertible senior notes changed year-over-year?
Opendoor Technologies Inc's settlement of capped calls related to convertible senior notes decreased by 50.0% year-over-year, from $500K to $250K.
What does settlement of capped calls related to convertible senior notes mean?
Reflects the cash inflows received from the settlement of capped call options used to hedge against potential dilution from convertible debt instruments. This indicates the effectiveness of the company's capital structure management and hedging strategies.

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