Offerpad Solutions (OPAD) Gross Margin (2020 - 2026)
Offerpad Solutions (OPAD) reported Gross Margin of 9.17% for Q2 2026, up 0.31 percentage points from 8.85% a year earlier and up 2.23 percentage points from the prior quarter.
Offerpad Solutions (OPAD) Gross Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Offerpad Solutions' Gross Margin came in at 7.42%, down 0.03 percentage points year-over-year; for FY2025, it was 7.40%, down 0.45 percentage points from FY2024.
- Gross Margin has a five-year change of -0.84 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 7.86% in FY2024 (+2.52 pp), 5.34% in FY2023 (+0.72 pp), 4.62% in FY2022 (-5.42 pp) and 10.04% in FY2021 (+1.79 pp).
- The Q2 2026 figure ranks as the highest quarterly Gross Margin since Q3 2023.
- Year over year, Gross Margin has now increased in each of the last three quarters, with an average year-over-year change of -0.46 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q4 2023 (a gain of 13.57 percentage points); the low point was Q4 2022 (a drop of 14.73 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.94% (Q1 2026), 7.02% (Q4 2025) and 7.04% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - | - |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn | 98.30% |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - | - |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | 46.23% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | - |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | 9.74% |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn | 20.66% |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn | -170.62% |
| 10 | Offerpad Solutions | 15.75 Mn | -115.69 Mn | 7.12 Mn | 9.17% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.17% |
| Mar 31, 2026 | 6.94% |
| Dec 31, 2025 | 7.02% |
| Sep 30, 2025 | 7.04% |
| Jun 30, 2025 | 8.85% |
| Mar 31, 2025 | 6.54% |
| Dec 31, 2024 | 6.08% |
| Sep 30, 2024 | 8.24% |
| Jun 30, 2024 | 8.71% |
| Mar 31, 2024 | 7.92% |
| Dec 31, 2023 | 6.94% |
| Sep 30, 2023 | 10.23% |
| Jun 30, 2023 | 9.66% |
| Mar 31, 2023 | 1.20% |
| Dec 31, 2022 | -6.62% |
| Sep 30, 2022 | 0.26% |
| Jun 30, 2022 | 8.61% |
| Mar 31, 2022 | 9.62% |
| Dec 31, 2021 | 8.10% |
| Sep 30, 2021 | 9.83% |
Offerpad Solutions Gross 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=gross-margin&ticker=OPAD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=OPAD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();