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

Opendoor Technologies (OPEN) has 8 years of Cost of Revenue data on file, last reported at $648.0 million in Q1 2026.

• Quarterly Cost of Revenue fell 38.52% year-over-year to $648.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.6 billion (down 23.2% YoY) and the FY2025 annual result came in at $4.0 billion, down 14.81% from the prior year.
• Cost of Revenue declined to $648.0 million in Q1 2026, from $679.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $4.6 billion in Q1 2022 to a low of $648.0 million in Q1 2026.
• A 5-year average of $1.8 billion and a median of $1.3 billion in 2024 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue surged 610.15% — and 2023, when it tumbled 76.65%.
• Tracing OPEN's Cost of Revenue over 5 years: stood at $2.8 billion in 2022, then sank by 71.36% to $798.0 million in 2023, then increased by 25.19% to $999.0 million in 2024, then tumbled by 32.03% to $679.0 million in 2025, then slipped by 4.57% to $648.0 million in 2026.
• The last three Cost of Revenue figures came in at $648.0 million (Q1 2026), $679.0 million (Q4 2025), and $849.0 million (Q3 2025), per Business Quant data.