Opendoor Technologies (OPEN) Convertible Debt (2019 - 2025)
Opendoor Technologies' (OPEN) quarterly Convertible Debt came in at $437.0 million in Q2 2025, up 15.92% on a YoY basis from $377.0 million in Q2 2024, and up 15.61% quarter-over-quarter from $378.0 million in Q1 2025.
Analysis
Opendoor Technologies (OPEN) Convertible Debt (2019 - 2025) Analysis & Trends
Opendoor Technologies (OPEN) has reported Convertible Debt for 6 consecutive years, with $437.0 million the latest figure, recorded in Q2 2025.
- For the quarter ending Q2 2025, Convertible Debt rose 15.92% year-over-year to $437.0 million; the trailing twelve-month figure through Jun 2025 stood at $437.0 million (up 15.92% YoY), and the FY2024 full-year result was $378.0 million, up 0.53% from the prior year.
- Convertible Debt advanced to $437.0 million in Q2 2025 per OPEN's latest filing, from $378.0 million in the prior quarter.
- Across five years, Convertible Debt topped out at $959.0 million in Q4 2022 and bottomed at $376.0 million in Q4 2023.
- Historically, Convertible Debt has averaged $638.1 million across 5 years, with a median of $501.5 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Convertible Debt plunged 60.79% in 2023, then grew 15.92% in 2025.
- Over 5 years, Convertible Debt stood at $954.0 million in 2021, then gained by 0.52% to $959.0 million in 2022, then slumped by 60.79% to $376.0 million in 2023, then increased by 0.53% to $378.0 million in 2024, then rose by 15.61% to $437.0 million in 2025.
- According to Business Quant data, Convertible Debt over the past three periods registered $437.0 million, $378.0 million, and $378.0 million for Q2 2025, Q1 2025, and Q4 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 24.33 Bn | 24.08 Bn | - |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - |
| 3 | LandBridge | 6.60 Bn | 7.04 Bn | 65.51 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.98 Bn | 6.13 Bn | - |
| 5 | Opendoor Technologies | 2.48 Bn | 1.58 Bn | 86.00 Mn |
| 6 | Frp Holdings | 403.74 Mn | 403.74 Mn | - |
| 7 | American Realty Investors | 263.12 Mn | 458.12 Mn | - |
| 8 | Belpointe PREP | 179.07 Mn | 179.07 Mn | - |
| 9 | Star Holdings | 109.70 Mn | 76.15 Mn | 5.31 Mn |
| 10 | Logistic Properties of the Americas | 99.60 Mn | 168.19 Mn | - |
Historic Data
Download Data
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 |