Offerpad Solutions (OPAD) Operating Expenses (2020 - 2026)
Offerpad Solutions (OPAD) posted quarterly Operating Expenses of $14.6 million for Q1 2026, down 33.83% year-over-year from $22.0 million in Q1 2025, and down 4.91% quarter-over-quarter from $15.3 million in Q4 2025.
Offerpad Solutions (OPAD) Operating Expenses (2020 - 2026) Analysis & Trends
Offerpad Solutions' Operating Expenses history runs 7 years deep, the most recent figure standing at $14.6 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 33.83% year-over-year to $14.6 million; the TTM figure through Mar 2026 stood at $68.0 million (down 34.7% YoY), while the FY2025 annual figure was $75.4 million, down 36.2% from the prior year.
- Operating Expenses for Q1 2026 stood at $14.6 million, down from $15.3 million in the prior quarter.
- The five-year high for Operating Expenses was $87.7 million in Q1 2022, with the low at $14.6 million in Q1 2026.
- The 5-year median for Operating Expenses is $31.7 million (2024), against an average of $40.7 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 173.35% in 2022, then tumbled 57.04% in 2023.
- Offerpad Solutions' Operating Expenses stood at $65.0 million in 2022, then sank by 57.04% to $27.9 million in 2023, then declined by 13.18% to $24.3 million in 2024, then plunged by 36.77% to $15.3 million in 2025, then slipped by 4.91% to $14.6 million in 2026.
- Business Quant data shows OPAD's Operating Expenses at $14.6 million in Q1 2026, $15.3 million in Q4 2025, and $16.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.31 Bn | 42.82 Bn | 2.09 Bn | - |
| 2 | KE Holdings | 19.63 Bn | 16.75 Bn | 661.06 Mn | -476.55 Mn |
| 3 | Jones Lang Lasalle | 17.89 Bn | 17.43 Bn | - | 6.64 Bn |
| 4 | Costar | 13.05 Bn | 11.78 Bn | 728.00 Mn | 652.00 Mn |
| 5 | Compass | 8.93 Bn | 8.23 Bn | 3.88 Bn | 4.18 Bn |
| 6 | FirstService | 6.59 Bn | 6.36 Bn | 480.66 Mn | 359.42 Mn |
| 7 | Colliers International | 5.48 Bn | 5.43 Bn | 635,105.00 Bn | 485.10 Mn |
| 8 | Cushman & Wakefield | 3.48 Bn | 2.98 Bn | 512.00 Mn | 2.63 Bn |
| 9 | Opendoor Technologies | 3.42 Bn | 2.52 Bn | 86.00 Mn | 230.00 Mn |
| 10 | Offerpad Solutions | 19.78 Mn | -15.08 Mn | 7.12 Mn | 15.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.36 Mn |
| Mar 31, 2026 | 14.59 Mn |
| Dec 31, 2025 | 15.34 Mn |
| Sep 30, 2025 | 16.08 Mn |
| Jun 30, 2025 | 21.97 Mn |
| Mar 31, 2025 | 22.04 Mn |
| Dec 31, 2024 | 24.26 Mn |
| Sep 30, 2024 | 26.07 Mn |
| Jun 30, 2024 | 31.73 Mn |
| Mar 31, 2024 | 36.18 Mn |
| Dec 31, 2023 | 27.94 Mn |
| Sep 30, 2023 | 43.52 Mn |
| Jun 30, 2023 | 44.07 Mn |
| Mar 31, 2023 | 59.07 Mn |
| Dec 31, 2022 | 65.04 Mn |
| Sep 30, 2022 | 72.37 Mn |
| Jun 30, 2022 | 84.60 Mn |
| Mar 31, 2022 | 87.73 Mn |
| Dec 31, 2021 | 66.96 Mn |
| Sep 30, 2021 | 49.66 Mn |