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Opendoor Technologies Inc OPEN Net Income

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Segments

By segment

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Reportable Segment-$173M-104%

Other financials

Income statement

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Revenue$720.0M-37.6%
Gross profit$72.0M-27.3%
Operating income-$159.0M-184%
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$4.31B+508%
Enterprise value$3.45B+5,931%
P/S1.1×+1.0×

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 us-gaap:NetIncomeLoss.

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

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Questions, answered.

What is Opendoor Technologies Inc's net income?
Opendoor Technologies Inc (OPEN) reported net income of -$173M in Q1 2026.
How has Opendoor Technologies Inc's net income changed year-over-year?
Opendoor Technologies Inc's net income decreased by 103.5% year-over-year, from -$85M to -$173M.
What is the long-term trend for Opendoor Technologies Inc's net income?
Over 4 years (2021 to 2025), Opendoor Technologies Inc's net income has grown at a 18.4% compound annual growth rate (CAGR), from -$662M to -$1.3B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.