Company research
Offerpad Solutions Inc.
CIK 1825024Updated Sep 26, 2026
Name history
Supernova Partners Acquisition Company, Inc. · through Sep 1, 2021
OPAD price & chart
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NASDAQ:OPAD on TradingView ↗About the company
Offerpad Solutions Inc. (NYSE: OPAD) is a real estate solutions company focused on giving homeowners more control, flexibility, and choice when buying and selling a home. The Company provides Cash Offers, Agent listing services, access to additional cash buyers through marketplace-enabled capabilities, and renovation services that support both internal transactions and third-party partners. Founded in 2015, the Company combines proprietary technology with local real estate expertise to simplify the home sale process and reduce friction across the transaction lifecycle, helping customers move forward with speed, transparency, and confidence. Learn more at www.offerpad.com.
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Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
CERT filing
25 filing
8-A12B filing
Show 5 more recent filings
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Regulation FD Disclosure
Items 3.01, 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Submission of Matters to a Vote of Security Holders
Items 5.03, 5.07, 9.01
4 filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 154,771,000Source | 313,053,000Source | 379,694,000Source | 825,069,000Source |
| Property, Plant and Equipment, NetUSD | 14,673,000Source | 9,127,000Source | 4,517,000Source | 5,194,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 26,543,000Source | 43,018,000Source | 75,967,000Source | 97,241,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 7,938,000Source | 3,848,000Source | 9,935,000Source | 2,350,000Source |
| Inventory, NetUSD | 93,793,000Source | 214,174,000Source | 276,500,000Source | 664,697,000Source |
| Assets, CurrentUSD | 131,693,000Source | 294,212,000Source | 371,605,000Source | 814,179,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,792,000Source | 2,564,000Source | 5,236,000Source | 6,833,000Source |
| Operating Lease, Right-of-Use AssetUSD | 7,408,000Source | 8,580,000Source | 3,338,000Source | 5,469,000Source |
| Other Assets, NoncurrentUSD | 8,405,000Source | 9,714,000Source | 3,572,000Source | 5,696,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 116,552,000Source | 265,400,000Source | 277,918,000Source | 703,192,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 544,645,000Source | 507,696,000Source | 499,660,000Source | 402,521,000Source |
| Retained Earnings (Accumulated Deficit)USD | -506,430,000Source | -460,046,000Source | -397,887,000Source | -280,669,000Source |
| Stockholders' Equity Attributable to ParentUSD | 38,219,000Source | 47,653,000Source | 101,776,000Source | 121,877,000Source |
| Liabilities and EquityUSD | 154,771,000Source | 313,053,000Source | 379,694,000Source | 825,069,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 88,802,000Source | 250,965,000Source | 276,029,000Source | 698,964,000Source |
| Operating Lease, Liability, CurrentUSD | 1,105,000Source | 963,000Source | 2,271,000Source | 2,264,000Source |
| Accounts Payable, CurrentUSD | 1,667,000Source | 1,922,000Source | 4,946,000Source | 4,647,000Source |
| Operating Lease, Liability, NoncurrentUSD | 13,100,000Source | 14,204,000Source | 1,418,000Source | 3,689,000Source |
| Other Liabilities, NoncurrentUSD | 13,100,000Source | 14,204,000Source | 1,418,000Source | 3,689,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -46,384,000Source | -62,159,000Source | -117,218,000Source | -148,613,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,828,000Source | 8,080,000Source | 7,915,000Source | 8,307,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | -109,405,000Source | -57,854,000Source | -379,260,000Source | -374,064,000Source |
| Increase (Decrease) in Accounts PayableUSD | -255,000Source | -3,024,000Source | 299,000Source | -1,752,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 66,810,000Source | 20,833,000Source | 261,632,000Source | 305,402,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,060,000Source | -5,326,000Source | 1,985,000Source | -1,070,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,079,000Source | 5,408,000Source | 127,000Source | 1,070,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 203,000Source | 77,000Source | 78,000Source | 285,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -111,206,000Source | -21,815,000Source | -323,982,000Source | -358,466,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -45,456,000Source | -6,308,000Source | -60,365,000Source | -54,134,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 28,170,000Source | 73,626,000Source | 79,934,000Source | 140,299,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 16,854,000Source | 24,464,000Source | 24,730,000Source | 59,732,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance Costs and DiscountsUSD | 815,000Source | 1,786,000Source | 4,343,000Source | 2,948,000Source |
| DepreciationUSD | 979,000Source | 611,000Source | 728,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -162,000Source | -105,000Source | -76,000Source | 0Source |
| General and Administrative ExpenseUSD | 26,192,000Source | 40,621,000Source | 50,091,000Source | 58,718,000Source |
| Income Tax Expense (Benefit)USD | 441,000Source | 31,000Source | 163,000Source | 359,000Source |
| InterestExpenseNonoperatingUSD | 13,403,000Source | 18,684,000Source | — | — |
| Inventory Write-downUSD | 5,349,000Source | 4,472,000Source | 8,937,000Source | 93,810,000Source |
| Net Income (Loss) Attributable to ParentUSD | -46,384,000Source | -62,159,000Source | -117,218,000Source | -148,613,000Source |
| Nonoperating Income (Expense)USD | -12,554,000Source | -16,087,000Source | -12,642,000Source | -20,937,000Source |
| Operating Costs and ExpensesUSD | 965,000Source | 1,061,000Source | 1,462,000Source | — |
| Operating ExpensesUSD | 75,432,000Source | 118,236,000Source | 174,594,000Source | 309,739,000Source |
| Other Nonoperating Income (Expense)USD | 979,000Source | 2,357,000Source | 6,149,000Source | 1,532,000Source |
| Payments of Financing CostsUSD | — | 236,000Source | 1,948,000Source | 646,000Source |
| Proceeds from Issuance of Common StockUSD | 0Source | 0Source | 0Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | 168,000Source | 33,000Source | 53,000Source | 4,898,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | 0Source | 0Source | 2,124,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 567,812,000Source | 918,819,000Source | 1,314,412,000Source | 3,952,314,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -33,389,000Source | -46,041,000Source | -104,413,000Source | -127,317,000Source |
| Other Nonoperating Income (Expense)USD | 979,000Source | 2,357,000Source | 6,149,000Source | 1,532,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -45,943,000Source | -62,128,000Source | -117,055,000Source | -148,254,000Source |
| Income Tax Expense (Benefit)USD | 441,000Source | 31,000Source | 163,000Source | 359,000Source |
| Net Income (Loss) Attributable to ParentUSD | -46,384,000Source | -62,159,000Source | -117,218,000Source | -148,613,000Source |
| Earnings Per Share, BasicUSD per share | -1.5Source | -2.27Source | -4.44Source | -0.61Source |
| Earnings Per Share, DilutedUSD per share | -1.5Source | -2.27Source | -4.44Source | -0.61Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 30,987,000Source | 27,410,000Source | 26,385,000Source | 245,148,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 30,987,000Source | 27,410,000Source | 26,385,000Source | 245,148,000Source |
| Interest Expense (non-operating)USD | 13,403,000Source | 18,684,000Source | — | — |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 441,000Source | 31,000Source | 163,000Source | 359,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | 1,022,000Source |
| General and Administrative ExpenseUSD | 26,192,000Source | 40,621,000Source | 50,091,000Source | 58,718,000Source |
| Gross ProfitUSD | 42,043,000Source | 72,195,000Source | 70,181,000Source | 182,422,000Source |
| Interest ExpenseUSD | — | — | 18,859,000Source | 45,991,000Source |
| Nonoperating Income (Expense)USD | -12,554,000Source | -16,087,000Source | -12,642,000Source | -20,937,000Source |
| Operating Costs and ExpensesUSD | 965,000Source | 1,061,000Source | 1,462,000Source | — |
| Operating ExpensesUSD | 75,432,000Source | 118,236,000Source | 174,594,000Source | 309,739,000Source |
| Research and Development ExpenseUSD | 3,405,000Source | 4,524,000Source | 7,945,000Source | 12,090,000Source |
| Selling and Marketing ExpenseUSD | 45,835,000Source | 73,091,000Source | 116,558,000Source | 238,931,000Source |
Filing attachments
d159544dex991.htm · 8-K · 2026-08-18
EX-99.1 2 d159544dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Offerpad Announces Transfer of Stock Exchange Listing to Nasdaq TEMPE, Ariz. - August 18, 2026 - Offerpad Solutions Inc. (NYSE: OPAD) (the “Company” or “Offerpad”) today announced that it will transfer the listing of its Class A common stock (the “common stock”) to The Nasdaq Capital Market (“Nasdaq”) from the New York Stock Exchange (“NYSE”). Offerpad’s common stock is expected to continue to be listed under the NYSE ticker symbol …
Read attachment ↗opad-ex99_1.htm · 8-K · 2026-08-03
EX-99.1 2 opad-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 The Buying Engine Is Back On: Offerpad Announces Q2 2026 Results With Multi-Year High Margins and Accelerating Signings TEMPE, Ariz. - August 3, 2026 - Offerpad Solutions Inc. (NYSE: OPAD), a leading tech-enabled real estate solutions company, today reported financial results for the second quarter ended June 30, 2026. During the quarter, Offerpad generated $78 million in revenue on 295 closed real estate transactions. Net loss was $…
Read attachment ↗d59784dex991.htm · 8-K · 2026-06-04
EX-99.1 2 d59784dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Offerpad Announces Reverse Stock Split TEMPE, Ariz. - June 4, 2026 - (BUSINESS WIRE) - Offerpad Solutions Inc. (“Offerpad” or the “Company”) (NYSE: OPAD), a leading tech-enabled real estate solutions company, announced today that it will effect a 1-for-10 reverse stock split (the “Reverse Stock Split”) of its Class A common stock, par value $0.0001 per share (“Common Stock”), that is expected to become effective at 5:00 p.m. Eastern …
Read attachment ↗d112145dex991.htm · 8-K · 2026-04-30
EX-99.1 2 d112145dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Offerpad Announces Q1 2026 Financial Results Delivers Consistent Execution with Growing Platform Momentum and Continued Progress Toward Profitability TEMPE, Ariz. - April 30, 2026 - Offerpad Solutions Inc. (NYSE: OPAD), a leading tech-enabled real estate solutions company, today reported financial results for the first quarter ended March 31, 2026. During the quarter, Offerpad generated $80.1 million in revenue and closed 263 real…
Read attachment ↗