Offerpad Solutions (OPAD) Work In Process (2020 - 2026)
Offerpad Solutions' Work In Process came in at $37.48 million for Q2 2026, down 11.8% from $42.51 million a year earlier but up 89.7% from the prior quarter.
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Analysis
Offerpad Solutions (OPAD) Work In Process (2020 - 2026) Analysis & Trends
At the end of FY2025, Offerpad Solutions' Work In Process was $11.34 million, down 70.5% from FY2024.
- Work In Process has declined in each of the last four years, with a five-year compound annual growth rate of -25.1% (FY2020 to FY2025).
- Going back by year, Work In Process was $38.48 million in FY2024 (-27.6%), $53.12 million in FY2023 (-2.5%), $54.5 million in FY2022 (-83.4%) and $327.46 million in FY2021 (+582.5%).
- The five-year range for quarterly Work In Process is $11.34 million (Q4 2025) to $438.82 million (Q2 2022).
- Year-over-year, Work In Process has declined for nine consecutive quarters, with an average decline of 44.5% over the last eight quarters.
- The fastest year-over-year change in Work In Process over five years came in Q4 2021 (growth of 582.5%), and the weakest in Q1 2023 (a decline of 87.2%).
- Business Quant data shows OPAD's Work In Process at $19.76 million (Q1 2026), $11.34 million (Q4 2025) and $17.14 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn |
| 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 |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn |
| 10 | Offerpad Solutions | 15.75 Mn | -115.69 Mn | 7.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.48 Mn |
| Mar 31, 2026 | 19.76 Mn |
| Dec 31, 2025 | 11.34 Mn |
| Sep 30, 2025 | 17.14 Mn |
| Jun 30, 2025 | 42.51 Mn |
| Mar 31, 2025 | 49.46 Mn |
| Dec 31, 2024 | 38.48 Mn |
| Sep 30, 2024 | 29.74 Mn |
| Jun 30, 2024 | 87.38 Mn |
| Mar 31, 2024 | 67.85 Mn |
| Dec 31, 2023 | 53.12 Mn |
| Sep 30, 2023 | 86.13 Mn |
| Jun 30, 2023 | 97.83 Mn |
| Mar 31, 2023 | 38.87 Mn |
| Dec 31, 2022 | 54.50 Mn |
| Sep 30, 2022 | 138.81 Mn |
| Jun 30, 2022 | 438.82 Mn |
| Mar 31, 2022 | 304.50 Mn |
| Dec 31, 2021 | 327.46 Mn |
| Dec 31, 2020 | 47.98 Mn |
API Access
Offerpad Solutions Work In Process 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=work-in-process&ticker=OPAD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=OPAD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();