Offerpad Solutions (OPAD) EBITDA Margin (2020 - 2026)
Offerpad Solutions' EBITDA Margin was -11.49% in Q3 2026, down 6.62 percentage points from -4.87% a year earlier and down 1.39 percentage points from the prior quarter.
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Analysis
Offerpad Solutions (OPAD) EBITDA Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Offerpad Solutions' EBITDA Margin was -9.25% through Sep 30, 2026, down 3.22 percentage points year-over-year; for FY2025, it was -5.56%, down 0.81 percentage points from FY2024.
- EBITDA Margin shows a five-year change of -4.33 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was -4.75% in FY2024 (+2.81 pp), -7.56% in FY2023 (-4.44 pp), -3.12% in FY2022 (-4.15 pp) and 1.02% in FY2021 (+2.25 pp).
- The Q3 2026 figure marks the lowest quarterly EBITDA Margin since Q4 2022.
- Compared with a year earlier, EBITDA Margin has declined for three straight quarters, with an average year-over-year change of -2.77 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q4 2023 (a gain of 11.97 percentage points); the worst was Q4 2022 (a drop of 16.52 percentage points).
- Per Business Quant data, OPAD's EBITDA Margin in the three quarters before Q3 2026 was -10.10% (Q2 2026), -10.78% (Q1 2026) and -6.07% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 19.50 Bn | 18.48 Bn | - | 84.35% |
| 2 | Howard Hughes Holdings | 5.01 Bn | -3.87 Bn | 435.75 Mn | 31.91% |
| 3 | Millrose Properties | 4.37 Bn | 4.19 Bn | - | - |
| 4 | St Joe | 4.19 Bn | 3.69 Bn | 80.65 Mn | 46.67% |
| 5 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.25 Bn | 2.09 Bn | - | - |
| 6 | LandBridge | 1.85 Bn | 1.72 Bn | 65.71 Mn | 73.49% |
| 7 | Opendoor Technologies | 1.32 Bn | -2.44 Bn | 38.00 Mn | -17.51% |
| 8 | Forestar | 1.21 Bn | -136.16 Mn | 84.10 Mn | 11.43% |
| 9 | EagleRock Land | 553.94 Mn | 478.01 Mn | 35.42 Mn | -106.88% |
| 10 | Offerpad Solutions | 10.51 Mn | -102.08 Mn | 6.50 Mn | -11.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -11.49% |
| Jun 30, 2026 | -10.10% |
| Mar 31, 2026 | -10.78% |
| Dec 31, 2025 | -6.07% |
| Sep 30, 2025 | -4.87% |
| Jun 30, 2025 | -4.49% |
| Mar 31, 2025 | -6.84% |
| Dec 31, 2024 | -7.60% |
| Sep 30, 2024 | -4.04% |
| Jun 30, 2024 | -3.75% |
| Mar 31, 2024 | -4.40% |
| Dec 31, 2023 | -4.10% |
| Sep 30, 2023 | -7.79% |
| Jun 30, 2023 | -8.93% |
| Mar 31, 2023 | -8.32% |
| Dec 31, 2022 | -16.07% |
| Sep 30, 2022 | -8.41% |
| Jun 30, 2022 | 0.87% |
| Mar 31, 2022 | 3.29% |
| Dec 31, 2021 | 0.45% |
API Access
Offerpad Solutions EBITDA Margin 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=ebitda-margin&ticker=OPAD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=OPAD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();