Offerpad Solutions (OPAD) Gross Margin (2020 - 2026)
Offerpad Solutions (OPAD) reported Gross Margin of 8.32% for Q3 2026, up 1.28 percentage points from 7.04% a year earlier but down 0.84 percentage points from the prior quarter.
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Analysis
Offerpad Solutions (OPAD) Gross Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Offerpad Solutions' Gross Margin came in at 7.77%, up 0.66 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).
- Five-year quarterly Gross Margin spans a low of -6.62% in Q4 2022 and a high of 10.23% in Q3 2023.
- Year over year, Gross Margin has now increased in each of the last four quarters, with an average year-over-year change of -0.05 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 Q3 2026 came in at 9.17% (Q2 2026), 6.94% (Q1 2026) and 7.02% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 18.94 Bn | 17.93 Bn | 106.12 Mn | 38.81% |
| 2 | LandBridge | 5.09 Bn | 5.45 Bn | 69.80 Mn | 98.46% |
| 3 | Howard Hughes Holdings | 5.05 Bn | -3.72 Bn | 435.75 Mn | 68.48% |
| 4 | St Joe | 4.12 Bn | 3.63 Bn | 80.65 Mn | 51.64% |
| 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 | - | - |
| 7 | EagleRock Land | 2.64 Bn | 4.02 Bn | - | - |
| 8 | Opendoor Technologies | 1.22 Bn | -2.55 Bn | 38.00 Mn | 3.72% |
| 9 | Forestar | 1.18 Bn | 1.18 Bn | - | - |
| 10 | Offerpad Solutions | 10.84 Mn | -101.75 Mn | 6.50 Mn | 8.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.32% |
| 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% |
API Access
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_KEYimport 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();