Opendoor Technologies (OPEN) EBIT Margin (2020 - 2026)
Opendoor Technologies' EBIT Margin came in at -16.31% for Q2 2026, down 15.48 percentage points from -0.83% a year earlier but up 5.78 percentage points from the prior quarter.
Opendoor Technologies (OPEN) EBIT Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Opendoor Technologies reported EBIT Margin of -16.01%, down 11.57 percentage points year-over-year; for FY2025, it was -6.57%, down 0.36 percentage points from FY2024.
- EBIT Margin carries a five-year change of +0.63 percentage points (FY2020 to FY2025).
- Going back by year, EBIT Margin was -6.21% in FY2024 (-0.65 pp), -5.56% in FY2023 (+0.42 pp), -5.98% in FY2022 (+1.10 pp) and -7.08% in FY2021 (+0.12 pp).
- The five-year range for quarterly EBIT Margin is -24.10% (Q3 2022) to 2.29% (Q1 2022).
- Year-over-year, EBIT Margin has declined for four consecutive quarters, with an average year-over-year change of -4.10 percentage points over the last eight quarters.
- The fastest year-over-year change in EBIT Margin over five years came in Q1 2022 (a gain of 35.09 percentage points), and the weakest in Q3 2022 (a drop of 21.05 percentage points).
- Business Quant data shows OPEN's EBIT Margin at -22.08% (Q1 2026), -20.38% (Q4 2025) and -7.43% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.67 Bn | 21.49 Bn | - | 77.96% |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.19 Bn | 6.54 Bn | 65.71 Mn | 66.07% |
| 4 | Millrose Properties | 4.09 Bn | 4.09 Bn | - | 85.16% |
| 5 | St Joe | 3.77 Bn | 3.27 Bn | 73.42 Mn | 34.49% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 91.08% |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | -16.31% |
| 8 | Forestar | 1.33 Bn | -18.53 Mn | 84.10 Mn | 11.25% |
| 9 | Five Point Holdings | 699.67 Mn | 728.44 Mn | -23.72 Mn | -325.18% |
| 10 | Tejon Ranch | 441.80 Mn | 376.78 Mn | - | 2.44% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -16.31% |
| Mar 31, 2026 | -22.08% |
| Dec 31, 2025 | -20.38% |
| Sep 30, 2025 | -7.43% |
| Jun 30, 2025 | -0.83% |
| Mar 31, 2025 | -4.86% |
| Dec 31, 2024 | -8.67% |
| Sep 30, 2024 | -4.87% |
| Jun 30, 2024 | -4.77% |
| Mar 31, 2024 | -7.37% |
| Dec 31, 2023 | -13.22% |
| Sep 30, 2023 | -8.06% |
| Jun 30, 2023 | -3.44% |
| Mar 31, 2023 | -3.97% |
| Dec 31, 2022 | -9.49% |
| Sep 30, 2022 | -24.10% |
| Jun 30, 2022 | 0.76% |
| Mar 31, 2022 | 2.29% |
| Dec 31, 2021 | -2.67% |
| Sep 30, 2021 | -3.05% |
Opendoor Technologies EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=OPEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "OPEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=OPEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();