Opendoor Technologies (OPEN) Asset Writedowns and Impairment (2020 - 2026)
Opendoor Technologies (OPEN) reported Asset Writedowns and Impairment of $14 million for Q2 2026, down 33.3% from $21 million a year earlier but up 55.6% from the prior quarter.
Opendoor Technologies (OPEN) Asset Writedowns and Impairment (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Opendoor Technologies' Asset Writedowns and Impairment came in at $46 million, down 8.0% year-over-year; for FY2025, it was $57 million, unchanged from FY2024.
- Asset Writedowns and Impairment has a five-year compound annual growth rate of 48.1% (FY2020 to FY2025).
- By year, Asset Writedowns and Impairment came in at $57 million in FY2024 (-12.3%), $65 million in FY2023 (-91.2%), $737 million in FY2022 and $56 million in FY2021 (+600.0%).
- Five-year quarterly Asset Writedowns and Impairment spans a low of $6 million in Q4 2024 and a high of $573 million in Q3 2022.
- Year over year, Asset Writedowns and Impairment gained in three of the last eight quarters, with an average decline of 1.7%.
- The high point for year-over-year Asset Writedowns and Impairment in five years was Q4 2022 (growth of 208.3%); the low point was Q3 2023 (a decline of 97.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $9 million (Q1 2026), $9 million (Q4 2025) and $14 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.36 Bn | 22.19 Bn | - |
| 2 | Millrose Properties | 3.96 Bn | 3.60 Bn | - |
| 3 | St Joe | 3.87 Bn | 3.36 Bn | 73.42 Mn |
| 4 | Opendoor Technologies | 1.90 Bn | -1.92 Bn | 86.00 Mn |
| 5 | Forestar | 1.33 Bn | -16.05 Mn | 84.10 Mn |
| 6 | Five Point Holdings | 622.59 Mn | -835.03 Mn | -23.72 Mn |
| 7 | Tejon Ranch | 445.84 Mn | 365.47 Mn | - |
| 8 | Nam Tai Property | 260.01 Mn | 78.63 Mn | - |
| 9 | Global Asset Management | 212.44 Mn | 210.13 Mn | 236,261.00 |
| 10 | Star Holdings | 91.15 Mn | -80.71 Mn | 5.31 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00 Mn |
| Mar 31, 2026 | 9.00 Mn |
| Dec 31, 2025 | 9.00 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Jun 30, 2025 | 21.00 Mn |
| Mar 31, 2025 | 13.00 Mn |
| Dec 31, 2024 | 6.00 Mn |
| Sep 30, 2024 | 10.00 Mn |
| Jun 30, 2024 | 34.00 Mn |
| Mar 31, 2024 | 7.00 Mn |
| Dec 31, 2023 | 11.00 Mn |
| Sep 30, 2023 | 17.00 Mn |
| Jun 30, 2023 | 14.00 Mn |
| Mar 31, 2023 | 23.00 Mn |
| Dec 31, 2022 | 74.00 Mn |
| Sep 30, 2022 | 573.00 Mn |
| Jun 30, 2022 | 82.00 Mn |
| Mar 31, 2022 | 8.00 Mn |
| Dec 31, 2021 | 24.00 Mn |
| Sep 30, 2021 | 31.00 Mn |
Opendoor Technologies Asset Writedowns and Impairment 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=asset-writedowns-and-impairment&ticker=OPEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "OPEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=OPEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();