Offerpad Solutions (OPAD) Operating Expenses (2020 - 2026)

Offerpad Solutions' (OPAD) quarterly Operating Expenses came in at $14.6 million in Q1 2026, down 33.83% year-on-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.

  • On a quarterly basis, Operating Expenses fell 33.83% year-over-year to $14.6 million in Q1 2026; TTM through Mar 2026 was $68.0 million, a 34.7% decrease from a year earlier, with the FY2025 full-year figure at $75.4 million, down 36.2% from the prior year.
  • Operating Expenses retreated to $14.6 million in Q1 2026 per OPAD's latest filing, from $15.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $87.7 million in Q1 2022 and bottomed 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.
  • Across the five-year window, Operating Expenses surged 173.35% in 2022 and plunged 57.04% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $65.0 million in 2022, then plunged by 57.04% to $27.9 million in 2023, then fell by 13.18% to $24.3 million in 2024, then tumbled by 36.77% to $15.3 million in 2025, then dropped by 4.91% to $14.6 million in 2026.
  • Per Business Quant, the three latest OPAD Operating Expenses figures stand at $14.6 million (Q1 2026), $15.3 million (Q4 2025), and $16.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Colliers International 4,798.15 Bn 4,797.86 Bn - 440.70 Mn
2 IHS Holding 60.96 Bn 61.13 Bn 231.80 -120.70
3 KE Holdings 53.48 Bn 50.59 Bn 661.06 Mn -476.55 Mn
4 Cbre 39.71 Bn 39.92 Bn 1.85 Bn -
5 Jones Lang Lasalle 14.96 Bn 14.65 Bn - 6.18 Bn
6 Costar 11.08 Bn 9.80 Bn 701.00 Mn 698.00 Mn
7 Compass 7.92 Bn 7.44 Bn 2.31 Bn 3.06 Bn
8 FirstService 6.01 Bn 6.28 Bn 480.66 Mn 359.42 Mn
9 Opendoor Technologies 3.69 Bn 2.69 Bn 72.00 Mn 231.00 Mn
10 Offerpad Solutions 21.15 Mn -20.48 Mn 5.56 Mn 14.59 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 39.34 Mn