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Opendoor Technologies Inc OPEN Business Segments — CEO Make-Whole Provision

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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$3.35B+139%
Enterprise value$2.48B+1,020%
P/S0.9×+0.6×

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:CEOMakeWholeProvision.

The source filing: Opendoor Technologies Inc’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001801169-26-000014
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Advertising and other marketing expense(3)(19)(24)
Operations(4)(12)(16)
Fixed operating expense(5)(33)(39)
CEO make-whole provision(6)(5)
Stock-based compensation(15)(14)
Stock-based compensation for market condition RSUs(105)
Interest expense(23)(33)
Interest income105

Item 1. Financial Statements.

FAQ

What is Opendoor Technologies Inc's business segments — CEO make-whole provision?
Opendoor Technologies Inc (OPEN) reported business segments — CEO make-whole provision of $5M in Q1 2026.
What does business segments — CEO make-whole provision mean?
This represents specific contractual compensation adjustments or payments made to executive leadership to offset potential losses or equity value declines. It is an extraordinary expense item that reflects unique governance or compensation arrangements.

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