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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$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 us-gaap:MarketingAndAdvertisingExpense.

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
Cost of revenue(648)(1,054)
Direct selling costs(1)(23)(29)
Holding costs(2)(12)(17)
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)

Item 1. Financial Statements.

FAQ

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.

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