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Opendoor Technologies Inc OPEN Business Segments — Revenue

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenue$720$1,153
Less:
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)

Item 1. Financial Statements.

FAQ

What is Opendoor Technologies Inc's business segments — revenue?
Opendoor Technologies Inc (OPEN) reported business segments — revenue of $720M in Q1 2026.
How has Opendoor Technologies Inc's business segments — revenue changed year-over-year?
Opendoor Technologies Inc's business segments — revenue decreased by 37.6% year-over-year, from $1.15B to $720M.
What does business segments — revenue mean?
This represents the total gross income generated by the company's primary business segment through the sale of residential real estate properties and related services. It serves as the top-line indicator of the segment's market activity and scale in the digital real estate platform space.

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