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

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 was $14.6 million for Q1 2026 at Offerpad Solutions, down from $15.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $87.7 million in Q1 2022 to a low of $14.6 million in Q1 2026.
• Historically, Operating Expenses has averaged $40.7 million across 5 years, with a median of $31.7 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 173.35% in 2022, then plunged 57.04% in 2023.
• A 5-year view of Operating Expenses shows it stood at $65.0 million in 2022, then slumped by 57.04% to $27.9 million in 2023, then fell by 13.18% to $24.3 million in 2024, then sank by 36.77% to $15.3 million in 2025, then dropped by 4.91% to $14.6 million in 2026.
• The last three Operating Expenses figures came in at $14.6 million (Q1 2026), $15.3 million (Q4 2025), and $16.1 million (Q3 2025), per Business Quant data.