OPEN · XBRL financial data

Opendoor Technologies financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (OPEN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	2,583	8,021	15,567	6,946	5,153	4,371
Cost of revenue	2,363	7,291	14,900	6,459	4,720	4,021
Gross profit	220	730	667	487	433	350
Research and development	58	134	169	167	141	79
General and administrative	153	620	346	206	182	238
Total operating expenses	406	1,298	1,598	873	753	637
Operating income (loss)	(186)	(568)	(931)	(386)	(320)	(287)
Interest expense	68	143	385	211	133	131
Other income (expense)	4	38	(10)	107	64	42
Income tax expense (benefit)	0	1	2	1	1	0
Net income (loss)	(287)	(662)	(1,353)	(275)	(392)	(1,300)
Earnings per share, basic USD per share	(2.62)	(1.12)	(2.16)	(0.42)	(0.56)	(1.70)
Earnings per share, diluted USD per share	(2.62)	(1.12)	(2.16)	(0.42)	(0.56)	(1.70)
Weighted average shares, basic millions of shares	109	593	627	657	699	767
Weighted average shares, diluted millions of shares	109	593	627	657	699	767

Fiscal years (OPEN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,413	1,731	1,137	999	671	962
Marketable securities	48	484	144	69	8	0
Total current assets	2,053	9,340	6,466	3,445	2,997	2,299
Property and equipment, net	29	45	58	66	48	27
Right-of-use asset	50	42	41	25	18	8
Goodwill	31	60	4	4	3	3
Total assets	2,176	9,506	6,608	3,567	3,126	2,407
Accrued liabilities	11	66	47	34	30	20
Current portion of long-term debt	346	—	—	—	—	—
Total current liabilities	393	4,400	1,505	70	529	327
Lease liability, non-current	47	42	38	19	13	6
Total liabilities	576	7,258	5,522	2,600	2,413	1,402
Accumulated deficit	(1,077)	(1,705)	(3,058)	(3,333)	(3,725)	(5,033)
Total stockholders' equity	1,553	2,248	1,086	967	713	1,005
Total liabilities and equity	2,176	9,506	6,608	3,567	3,126	2,407
Common shares outstanding (cover page) millions of shares	577	620	643	680	724	958

Fiscal years (OPEN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(287)	(662)	(1,353)	(275)	(392)	(1,300)
Stock-based compensation	38	536	171	126	114	159
Depreciation and amortization	22	27	37	38	33	31
Net cash from operating activities	682	(5,794)	730	2,344	(595)	1,049
Purchases of property and equipment	17	33	37	37	25	12
Net cash from investing activities	(22)	(476)	234	44	28	(12)
Proceeds from issuing common stock	0	886	0	0	0	198
Share repurchases	0	0	—	—	—	—
Net cash from financing activities	161	7,342	(1,751)	(2,639)	(210)	(499)
Net change in cash	821	1,072	(787)	(251)	(777)	538

SIC 6531 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6531 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Opendoor Technologies	896	883	(718)*	971.1M	1.2 quarters	Q2 FY26 10-QJun 30, 2026
Douglas Elliman	105	283	12*	90.9M	—	Q2 FY26 10-QJun 30, 2026
RE/MAX Holdings	112	69	6.2*	not reported	—	Q2 FY26 10-QJun 30, 2026
Marcus & Millichap	154	203	22*	37.9M	—	Q2 FY26 10-QJun 30, 2026
AGNT	111	1,450	39*	167.1M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.