Offerpad Solutions (OPAD) Depreciation and Depletion (2020 - 2026)
Offerpad Solutions (OPAD) recorded Depreciation and Depletion of $300,000 in Q3 2026, up 50.0% from $200,000 a year earlier and unchanged from the prior quarter.
Offerpad Solutions (OPAD) Depreciation and Depletion (2020 - 2026) Analysis & Trends
On a TTM basis, Offerpad Solutions' Depreciation and Depletion came in at $1.19 million as of Sep 30, 2026, up 45.4% year-over-year; for FY2025, it came in at $1 million, up 63.7% from FY2024.
- Annual Depreciation and Depletion has a five-year compound annual growth rate of 20.1% (FY2020 to FY2025).
- Across earlier years, Depreciation and Depletion came in at $611,000 in FY2024 (-16.1%), $728,000 in FY2023 (-28.8%), $1.02 million in FY2022 (+95.4%) and $523,000 in FY2021 (+30.8%).
- Quarterly Depreciation and Depletion has ranged from $90,000 in Q4 2021 to $500,000 in Q3 2022 over the past five years.
- On a year-over-year basis, Depreciation and Depletion rose in five of the last eight quarters, with growth averaging 55.6%.
- Peak year-over-year performance for Depreciation and Depletion in the last five years was growth of 400.0% in Q3 2022, against a decline of 60.0% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $300,000 (Q2 2026), $300,000 (Q1 2026) and $288,000 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 18.94 Bn | 17.93 Bn | 106.12 Mn | 17.00 Mn |
| 2 | LandBridge | 5.09 Bn | 5.45 Bn | 69.80 Mn | - |
| 3 | Howard Hughes Holdings | 5.05 Bn | -3.72 Bn | 435.75 Mn | 42.46 Mn |
| 4 | St Joe | 4.12 Bn | 3.63 Bn | 80.65 Mn | - |
| 5 | Millrose Properties | 4.03 Bn | 3.85 Bn | - | - |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.35 Bn | 2.16 Bn | - | 900,000.00 |
| 7 | EagleRock Land | 2.64 Bn | 4.02 Bn | - | - |
| 8 | Opendoor Technologies | 1.22 Bn | -2.55 Bn | 38.00 Mn | - |
| 9 | Forestar | 1.18 Bn | 1.18 Bn | - | - |
| 10 | Offerpad Solutions | 10.84 Mn | -101.75 Mn | 6.50 Mn | 300,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 300,000.00 |
| Jun 30, 2026 | 300,000.00 |
| Mar 31, 2026 | 300,000.00 |
| Dec 31, 2025 | 288,000.00 |
| Sep 30, 2025 | 200,000.00 |
| Jun 30, 2025 | 300,000.00 |
| Mar 31, 2025 | 206,000.00 |
| Dec 31, 2024 | 111,000.00 |
| Sep 30, 2024 | 200,000.00 |
| Jun 30, 2024 | 100,000.00 |
| Mar 31, 2024 | 200,000.00 |
| Dec 31, 2023 | 128,000.00 |
| Sep 30, 2023 | 200,000.00 |
| Jun 30, 2023 | 200,000.00 |
| Mar 31, 2023 | 202,000.00 |
| Dec 31, 2022 | 258,000.00 |
| Sep 30, 2022 | 500,000.00 |
| Jun 30, 2022 | 200,000.00 |
| Mar 31, 2022 | 119,000.00 |
| Dec 31, 2021 | 90,000.00 |
Offerpad Solutions Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=OPAD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "OPAD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=OPAD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();