What does loss on debt extinguishment mean?

Non-cash loss from retiring debt before maturity, added back in operating cash flow since the cash impact is in financing.

Opendoor Technologies Inc OPEN Loss on Debt Extinguishment

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 loss on debt extinguishment?: Opendoor Technologies Inc (OPEN) reported loss on debt extinguishment of -$1M in Q1 2026.
What does loss on debt extinguishment mean?: Non-cash loss from retiring debt before maturity, added back in operating cash flow since the cash impact is in financing.