Company research
Opendoor Technologies Inc.
CIK 1801169Updated Sep 26, 2026
OPEN price & chart
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NASDAQ:OPEN on TradingView ↗About the company
Opendoor is a leading e-commerce platform for residential real estate transactions whose mission is to power life's progress, one move at a time. Since 2014, Opendoor has provided people across the U.S. with a simple and certain way to sell and buy a home. Opendoor is a team of problem solvers, innovators, and operators who are leading the future of real estate. Opendoor currently operates in markets nationwide.
In the news
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Recent filings
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Other Events
Items 1.01, 2.03, 3.02, 8.01, 9.01
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Regulation FD Disclosure
Items 1.01, 3.02, 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,407,000,000Source | 3,126,000,000Source | 3,567,000,000Source | 6,608,000,000Source |
| Property, Plant and Equipment, NetUSD | 27,000,000Source | 48,000,000Source | 66,000,000Source | 58,000,000Source |
| GoodwillUSD | 3,000,000Source | 3,000,000Source | 4,000,000Source | 4,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | 0Source | 5,000,000Source | 12,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 962,000,000Source | 671,000,000Source | 999,000,000Source | 1,137,000,000Source |
| Assets, CurrentUSD | 2,299,000,000Source | 2,997,000,000Source | 3,445,000,000Source | 6,466,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 8,000,000Source | 18,000,000Source | 25,000,000Source | 41,000,000Source |
| Other Assets, NoncurrentUSD | 70,000,000Source | 60,000,000Source | 22,000,000Source | 27,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,402,000,000Source | 2,413,000,000Source | 2,600,000,000Source | 5,522,000,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Paid in CapitalUSD | 6,038,000,000Source | 4,438,000,000Source | 4,301,000,000Source | 4,148,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | -5,033,000,000Source | -3,725,000,000Source | -3,333,000,000Source | -3,058,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 0Source | 0Source | -1,000,000Source | -4,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,005,000,000Source | 713,000,000Source | 967,000,000Source | 1,086,000,000Source |
| Liabilities and EquityUSD | 2,407,000,000Source | 3,126,000,000Source | 3,567,000,000Source | 6,608,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 327,000,000Source | 529,000,000Source | 70,000,000Source | 1,505,000,000Source |
| Operating Lease, Liability, CurrentUSD | 1,000,000Source | 2,000,000Source | 5,000,000Source | 7,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 6,000,000Source | 13,000,000Source | 19,000,000Source | 38,000,000Source |
| Other Liabilities, NoncurrentUSD | 1,000,000Source | 1,000,000Source | 1,000,000Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 20,000,000Source | 30,000,000Source | 34,000,000Source | 47,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 31,000,000Source | 33,000,000Source | 38,000,000Source | 37,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 159,000,000Source | 114,000,000Source | 126,000,000Source | 171,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 1,049,000,000Source | -595,000,000Source | 2,344,000,000Source | 730,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 0Source | 0Source | 10,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -12,000,000Source | 28,000,000Source | 44,000,000Source | 234,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 12,000,000Source | 25,000,000Source | 37,000,000Source | 37,000,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -499,000,000Source | -210,000,000Source | -2,639,000,000Source | -1,751,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -2,000,000Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 538,000,000Source | -777,000,000Source | -251,000,000Source | -787,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,301,000,000Source | 763,000,000Source | 1,540,000,000Source | 1,791,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 120,000,000Source | 121,000,000Source | 203,000,000Source | 355,000,000Source |
| Income Taxes Paid, NetUSD | 0Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 159,000,000Source | 114,000,000Source | 126,000,000Source | 171,000,000Source |
| Amortization of Intangible AssetsUSD | — | 4,000,000Source | 7,000,000Source | 9,000,000Source |
| Deconsolidation, Gain (Loss), AmountUSD | 0Source | 14,000,000Source | — | — |
| Depreciation, Amortization and Accretion, NetUSD | 44,000,000Source | 48,000,000Source | 65,000,000Source | 83,000,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | -3,000,000Source | -7,000,000Source | -1,000,000Source | — |
| Gain (Loss) on Termination of LeaseUSD | — | — | — | 0Source |
| Gain (Loss) on Extinguishment of DebtUSD | -924,000,000Source | -2,000,000Source | 216,000,000Source | -25,000,000Source |
| General and Administrative ExpenseUSD | 238,000,000Source | 182,000,000Source | 206,000,000Source | 346,000,000Source |
| GoodwillUSD | 3,000,000Source | 3,000,000Source | 4,000,000Source | 4,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 60,000,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 1,000,000Source | 1,000,000Source | 2,000,000Source |
| InterestExpenseNonoperatingUSD | 131,000,000Source | 133,000,000Source | — | — |
| Inventory Write-downUSD | 57,000,000Source | 57,000,000Source | 65,000,000Source | 737,000,000Source |
| Marketable Securities, Unrealized Gain (Loss)USD | — | -7,000,000Source | 4,000,000Source | -35,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,300,000,000Source | -392,000,000Source | -275,000,000Source | -1,353,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -1,300,000,000Source | -392,000,000Source | -275,000,000Source | -1,353,000,000Source |
| Operating ExpensesUSD | 637,000,000Source | 753,000,000Source | 873,000,000Source | 1,598,000,000Source |
| Other Nonoperating Income (Expense)USD | 42,000,000Source | 64,000,000Source | 107,000,000Source | -10,000,000Source |
| Payments of Financing CostsUSD | 17,000,000Source | 0Source | 1,000,000Source | 26,000,000Source |
| Proceeds from Issuance of Common StockUSD | 198,000,000Source | — | 0Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | 4,000,000Source | 0Source | 3,000,000Source | 4,000,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | — | — | — | 0Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 4,371,000,000Source | 5,153,000,000Source | 6,946,000,000Source | 15,567,000,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -287,000,000Source | -320,000,000Source | -386,000,000Source | -931,000,000Source |
| Other Nonoperating Income (Expense)USD | 42,000,000Source | 64,000,000Source | 107,000,000Source | -10,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -1,300,000,000Source | -391,000,000Source | -274,000,000Source | -1,351,000,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 1,000,000Source | 1,000,000Source | 2,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,300,000,000Source | -392,000,000Source | -275,000,000Source | -1,353,000,000Source |
| Earnings Per Share, BasicUSD per share | -1.7Source | -0.56Source | -0.42Source | -2.16Source |
| Earnings Per Share, DilutedUSD per share | -1.7Source | -0.56Source | -0.42Source | -2.16Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 766,531,000Source | 699,457,000Source | 657,111,000Source | 627,105,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 766,531,000Source | 699,457,000Source | 657,111,000Source | 627,105,000Source |
| Interest Expense (non-operating)USD | 131,000,000Source | 133,000,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 4,000,000Source | 7,000,000Source | 9,000,000Source |
| General and Administrative ExpenseUSD | 238,000,000Source | 182,000,000Source | 206,000,000Source | 346,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 60,000,000Source |
| Gross ProfitUSD | 350,000,000Source | 433,000,000Source | 487,000,000Source | 667,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -1,301,000,000Source | -393,000,000Source | — | — |
| Interest ExpenseUSD | — | — | 211,000,000Source | 385,000,000Source |
| Marketing and Advertising ExpenseUSD | — | 90,000,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -1,300,000,000Source | -392,000,000Source | -275,000,000Source | -1,353,000,000Source |
| Operating ExpensesUSD | 637,000,000Source | 753,000,000Source | 873,000,000Source | 1,598,000,000Source |
| Research and Development ExpenseUSD | 79,000,000Source | 141,000,000Source | 167,000,000Source | 169,000,000Source |
| Selling and Marketing ExpenseUSD | 310,000,000Source | 413,000,000Source | 486,000,000Source | 1,006,000,000Source |
Filing attachments
ef20080596_ex4-1.htm · 8-K · 2026-08-19
EX-4.1 2 ef20080596_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 OPENDOOR TECHNOLOGIES INC. and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION as Trustee INDENTURE Dated as of August 19, 2026 0.00% Convertible Senior Notes due 2030 TABLE OF CONTENTS Page Article 1. Definitions; Rules of Construction 1 Section 1.01. Definitions. …
Read attachment ↗ef20080105_ex99-1.htm · 8-K · 2026-08-13
EX-99.1 4 ef20080105_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Opendoor Reduces Shares Outstanding by 5% in First-Ever Share Buyback, and Raises $440 Million of Growth Capital at 0% Coupon $650 million of 0% coupon convertible notes, concurrent $158 million share repurchase, and capped call transactions, all structured for no expected net share issuance until stock exceeds $10.38 per share, ~3x the current price SAN FRANCISCO, August 13, 2026 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nas…
Read attachment ↗