What does gain (loss) on extinguishment of debt mean?

Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.

Opendoor Technologies Inc OPEN Gain (loss) on extinguishment of debt

Chimera Investment Corp.CIM

-$38.86M-1,931%

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%

Cash & equivalents$1.1B+54.0%

Total debt$200.0M+1,233%

Total equity$954.0M+47.9%

Total assets$2.3B-28.3%

Operating cash flow-$246.0M+11.8%

CapEx$4.0M0.0%

Free cash flow-$250.0M+11.7%

Market cap$4.05B+508%

Gross margin8.2%0.0pp

Operating margin-9.9%+30.7pp

Net margin-35.2%-47.4pp

FCF margin27.2%+20.0pp

Return on equity-173.6%-279pp

Debt / equity0.2×+0.2×

Current ratio7.1×+4.1×

Reported directly by Opendoor Technologies Inc in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The official record: Opendoor Technologies Inc’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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What is Opendoor Technologies Inc's gain (loss) on extinguishment of debt?: Opendoor Technologies Inc (OPEN) reported gain (loss) on extinguishment of debt of -$1M in Q1 2026.
What does gain (loss) on extinguishment of debt mean?: Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.