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

Opendoor Technologies (OPEN) has reported Cost of Revenue for 8 consecutive years, with $797.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue fell 44.61% year-over-year to $797.0 million; the trailing twelve-month figure through Jun 2026 stood at $3.0 billion (down 37.59% YoY), and the FY2025 full-year result was $4.0 billion, down 14.81% from the prior year.
• Cost of Revenue grew to $797.0 million in Q2 2026 per OPEN's latest filing, from $648.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $4.6 billion in Q1 2022 and bottomed at $648.0 million in Q1 2026.
• Historically, Cost of Revenue has averaged $1.8 billion across 5 years, with a median of $1.2 billion in 2024.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 610.15% in 2022, then plunged 76.65% in 2023.
• Over 5 years, Cost of Revenue stood at $2.8 billion in 2022, then tumbled by 71.36% to $798.0 million in 2023, then gained by 25.19% to $999.0 million in 2024, then sank by 32.03% to $679.0 million in 2025, then gained by 17.38% to $797.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $797.0 million, $648.0 million, and $679.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.