What does business segments — COST OF REVENUE mean?

This reflects the direct costs associated with acquiring, renovating, and preparing residential properties for resale within the primary business segment. It is a critical measure of the direct expenses incurred to generate the segment's core revenue.

Opendoor Technologies Inc OPEN Business Segments — COST OF REVENUE

Similar metrics at other companies

ADBEReportable Segment — Cost of Revenue

$669M+18.4%

IOTReportable Segment — Cost of revenue

$35.06M+43.4%

FPSReportable Segment — Cost of Revenues

$247.51M+110%

CRDOReportable Segment — Cost of revenue

$138.94M+149%

EAReportable Segment — Cost of revenue

$353M-0.6%

TOSTReportable Segment — Cost of Revenue

$1.18B+20.0%

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$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:CostOfRevenue.

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 business segments — COST OF REVENUE?: Opendoor Technologies Inc (OPEN) reported business segments — COST OF REVENUE of $648M in Q1 2026.
How has Opendoor Technologies Inc's business segments — COST OF REVENUE changed year-over-year?: Opendoor Technologies Inc's business segments — COST OF REVENUE decreased by 38.5% year-over-year, from $1.05B to $648M.
What does business segments — COST OF REVENUE mean?: This reflects the direct costs associated with acquiring, renovating, and preparing residential properties for resale within the primary business segment. It is a critical measure of the direct expenses incurred to generate the segment's core revenue.