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Opendoor Technologies Inc OPEN Business Segments — Marketing and Advertising Expense

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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$4.05B+508%

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:MarketingAndAdvertisingExpense.

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 — marketing and advertising expense?
Opendoor Technologies Inc (OPEN) reported business segments — marketing and advertising expense of $19M in Q1 2026.
How has Opendoor Technologies Inc's business segments — marketing and advertising expense changed year-over-year?
Opendoor Technologies Inc's business segments — marketing and advertising expense decreased by 20.8% year-over-year, from $24M to $19M.
What does business segments — marketing and advertising expense mean?
This represents the costs incurred to acquire customers and promote the company's digital real estate platform to potential buyers and sellers. It is a key indicator of the company's investment in brand awareness and user acquisition strategies.