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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 19.50 Bn | 18.48 Bn | - | 76.00% |
| 2 | Howard Hughes Holdings | 5.01 Bn | -3.87 Bn | 435.75 Mn | 24.67% |
| 3 | Millrose Properties | 4.37 Bn | 4.19 Bn | - | 85.52% |
| 4 | St Joe | 4.19 Bn | 3.69 Bn | 80.65 Mn | 39.40% |
| 5 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.25 Bn | 2.09 Bn | - | - |
| 6 | LandBridge | 1.85 Bn | 1.72 Bn | 65.71 Mn | 66.07% |
| 7 | Opendoor Technologies | 1.32 Bn | -2.44 Bn | 38.00 Mn | -18.30% |
| 8 | Forestar | 1.21 Bn | -136.16 Mn | 84.10 Mn | 11.25% |
| 9 | EagleRock Land | 553.94 Mn | 478.01 Mn | 35.42 Mn | -128.01% |
| 10 | Tejon Ranch | 477.18 Mn | 409.05 Mn | - | 10.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -18.30% |
| 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% |
API Access
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_KEYimport 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();