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.

• On a quarterly basis, Cost of Revenue fell 50.38% year-over-year to $74.5 million in Q1 2026; TTM through Mar 2026 was $450.1 million, a 38.68% decrease from a year earlier, with the FY2025 full-year figure at $525.8 million, down 37.9% from the prior year.
• Cost of Revenue declined to $74.5 million in Q1 2026 per OPAD's latest filing, from $106.1 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $1.2 billion in Q1 2022 and bottomed 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.
• Across the five-year window, Cost of Revenue soared 395.82% in 2022 and slumped 78.92% in 2023, its largest moves.
• Year by year, Cost of Revenue stood at $722.1 million in 2022, then slumped by 69.01% to $223.8 million in 2023, then slipped by 26.85% to $163.7 million in 2024, then plunged by 35.18% to $106.1 million in 2025, then retreated by 29.77% to $74.5 million in 2026.
• Per Business Quant, the three latest OPAD Cost of Revenue figures stand at $74.5 million (Q1 2026), $106.1 million (Q4 2025), and $123.3 million (Q3 2025).