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Ratios

Opendoor Technologies (OPEN) Cost of Revenue (2019 - 2026)

Opendoor Technologies filings provide 7 years of Cost of Revenue readings, the most recent being -$3.0 billion for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 8.34% to -$3.0 billion in Q4 2025 year-over-year; TTM through Dec 2025 was -$646.0 million, a 62.38% increase, with the full-year FY2025 number at $310.0 million, down 24.94% from a year prior.
  • Cost of Revenue hit -$3.0 billion in Q4 2025 for Opendoor Technologies, down from $849.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $7.0 billion in Q4 2021 to a low of -$3.3 billion in Q4 2024.
  • Median Cost of Revenue over the past 5 years was $1.4 billion (2024), compared with a mean of $1.7 billion.
  • Biggest five-year swings in Cost of Revenue: surged 7450.48% in 2021 and later crashed 154.57% in 2024.
  • Opendoor Technologies' Cost of Revenue stood at $7.0 billion in 2021, then tumbled by 60.04% to $2.8 billion in 2022, then surged by 117.59% to $6.1 billion in 2023, then crashed by 154.57% to -$3.3 billion in 2024, then grew by 8.34% to -$3.0 billion in 2025.
  • The last three reported values for Cost of Revenue were -$3.0 billion (Q4 2025), $849.0 million (Q3 2025), and $1.4 billion (Q2 2025) per Business Quant data.