Class A common stock, $0.0001 par value per share
- Symbol
- OPAD
- Exchange
- NASDAQ
- Classification
- COMMON
Current Report · Items 2.02, 9.01 · 8-K
OPADNASDAQEQUITYCurrent
Item 2.02 Results of Operations and Financial Condition. On November 2, 2026, Offerpad Solutions Inc. issued a press release announcing its financial results for the three and nine months ended September 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.…
Press release in this filing
Offerpad Reports Third Quarter 2026 Results; Fee-Based Channels Reach 35% of Closings →Offerpad Solutions Inc. (Nasdaq: 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, Brokerage 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 how homes are bought and sold, helping every homeowner move forward with greater clarity and confidence. Learn more at www.offerpad.com.
Offerpad Solutions Inc. · 8-K · Filed 2026-11-02
Exhibit 99.1 Offerpad Reports Third Quarter 2026 Results; Fee-Based Channels Reach 35% of Closings TEMPE, Ariz. - November 2, 2026 - Offerpad Solutions Inc. (the “Company” or “Offerpad”) (Nasdaq: OPAD), a leading tech-enabled real estate solutions company, today reported financial results for the third quarter ended September 30, 2026. Total real estate transactions increased for the second consecutive quarter, from 263 in Q1 to 295 in Q2 and 324 in Q3. Brokerage Services and Cash Offer Marketplace represented approximately 35% of Q3 closed transactions, and Brokerage listing signings more than doubled quarter over quarter. For the third quarter, the Company reported revenue of $78.1 million. Total closed real estate transactions were 324, excluding Renovate. Net loss was $11.5 million, and Adjusted EBITDA was a loss of $7.5 million. Gross profit was $6.5 million, with gross margin of 8.3%. Contribution profit after interest per real estate transaction was approximately $12,900, near Q2 levels and about double the prior-year quarter. Offerpad acquired 605 homes in Q3. Purchases were concentrated in markets where homes were still selling at a pace that met the Company’s require…
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