Offerpad Solutions (OPAD) Cost of Revenue (2020 - 2026)

Offerpad Solutions' Cost of Revenue history runs 7 years deep, the most recent figure standing at $74.5 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 50.38% year-over-year to $74.5 million; the TTM figure through Mar 2026 stood at $450.1 million (down 38.68% YoY), while the FY2025 annual figure was $525.8 million, down 37.9% from the prior year.
• Cost of Revenue for Q1 2026 stood at $74.5 million, down from $106.1 million in the prior quarter.
• The five-year high for Cost of Revenue was $1.2 billion in Q1 2022, with the low at $74.5 million in Q1 2026.
• The 5-year median for Cost of Revenue is $210.3 million (2023), against an average of $380.1 million.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 395.82% in 2022, then sank 78.92% in 2023.
• Offerpad Solutions' Cost of Revenue stood at $722.1 million in 2022, then tumbled by 69.01% to $223.8 million in 2023, then decreased by 26.85% to $163.7 million in 2024, then sank by 35.18% to $106.1 million in 2025, then fell by 29.77% to $74.5 million in 2026.
• Business Quant data shows OPAD's Cost of Revenue at $74.5 million in Q1 2026, $106.1 million in Q4 2025, and $123.3 million in Q3 2025.