Opendoor Technologies (OPEN) Convertible Debt (2019 - 2025)
Opendoor Technologies (OPEN) reported Convertible Debt of $437 million for Q2 2025, up 15.9% from $377 million a year earlier and up 15.6% from the prior quarter.
Opendoor Technologies (OPEN) Convertible Debt (2019 - 2025) Analysis & Trends
At the end of FY2024, Opendoor Technologies posted Convertible Debt of $378 million, up 0.5% from FY2023.
- Convertible Debt has a five-year compound annual growth rate of 22.0% (FY2019 to FY2024).
- By year, Convertible Debt came in at $376 million in FY2023 (-60.8%), $959 million in FY2022 (+0.5%) and $954 million in FY2021.
- The Q2 2025 figure ranks as the highest quarterly Convertible Debt since Q3 2023.
- Year over year, Convertible Debt has now increased in each of the last three quarters, with an average decline of 24.1% over the last eight quarters.
- The high point for year-over-year Convertible Debt in five years was Q2 2025 (growth of 15.9%); the low point was Q4 2023 (a decline of 60.8%).
- Per Business Quant data, the three quarters before Q2 2025 came in at $378 million (Q1 2025), $378 million (Q4 2024) and $377 million (Q3 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.55 Bn | 22.38 Bn | - |
| 2 | St Joe | 3.95 Bn | 3.44 Bn | 73.42 Mn |
| 3 | Millrose Properties | 3.88 Bn | 3.52 Bn | - |
| 4 | LandBridge | 2.22 Bn | 2.09 Bn | 65.71 Mn |
| 5 | Opendoor Technologies | 1.99 Bn | -1.83 Bn | 86.00 Mn |
| 6 | Forestar | 1.30 Bn | -43.39 Mn | 84.10 Mn |
| 7 | Five Point Holdings | 662.61 Mn | -795.01 Mn | -23.72 Mn |
| 8 | Tejon Ranch | 437.20 Mn | 356.82 Mn | - |
| 9 | Nam Tai Property | 260.01 Mn | 78.63 Mn | - |
| 10 | Global Asset Management | 182.09 Mn | 179.78 Mn | 236,261.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 437.00 Mn |
| Mar 31, 2025 | 378.00 Mn |
| Dec 31, 2024 | 378.00 Mn |
| Sep 30, 2024 | 377.00 Mn |
| Jun 30, 2024 | 377.00 Mn |
| Mar 31, 2024 | 376.00 Mn |
| Dec 31, 2023 | 376.00 Mn |
| Sep 30, 2023 | 502.00 Mn |
| Jun 30, 2023 | 501.00 Mn |
| Mar 31, 2023 | 774.00 Mn |
| Dec 31, 2022 | 959.00 Mn |
| Sep 30, 2022 | 957.00 Mn |
| Jun 30, 2022 | 956.00 Mn |
| Mar 31, 2022 | 955.00 Mn |
| Dec 31, 2021 | 954.00 Mn |
| Sep 30, 2021 | 952.42 Mn |
| Dec 31, 2019 | 140.10 Mn |
Opendoor Technologies Convertible Debt 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=convertible-debt&ticker=OPEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "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=convertible-debt&ticker=OPEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();