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

Opendoor Technologies has reported Cost of Revenue for 8 years, with the latest figure at $70.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 28.57% year-over-year to $70.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.4 billion (down 58.88% YoY), and the FY2025 full-year result was $310.0 million, down 93.43% from the prior year.
• Cost of Revenue for Q1 2026 stood at $70.0 million, up from $60.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $6.1 billion in Q4 2023, with the low at $60.0 million in Q4 2025.
• Historically, Cost of Revenue has averaged $2.0 billion across 5 years, with a median of $1.3 billion in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue surged 3726.8% — and 2025, when it plunged 98.63%.
• Opendoor Technologies' Cost of Revenue stood at $2.8 billion in 2022, then soared by 117.59% to $6.1 billion in 2023, then fell by 27.5% to $4.4 billion in 2024, then sank by 98.63% to $60.0 million in 2025, then rose by 16.67% to $70.0 million in 2026.
• The last three Cost of Revenue figures came in at $70.0 million (Q1 2026), $60.0 million (Q4 2025), and $849.0 million (Q3 2025), per Business Quant data.