Opendoor Technologies (OPEN) EBITDA (2020 - 2026)
Opendoor Technologies' (OPEN) quarterly EBITDA came in at -$144.0 million in Q2 2026, down 1007.69% on a YoY basis from $15.9 million in Q2 2025, and up 9.43% quarter-over-quarter from -$159.0 million in Q1 2026.
Analysis
Opendoor Technologies (OPEN) EBITDA (2020 - 2026) Analysis & Trends
Opendoor Technologies (OPEN) has reported EBITDA for 7 consecutive years, with -$144.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA fell 1007.69% year-over-year to -$144.0 million; the trailing twelve-month figure through Jun 2026 stood at -$521.0 million (down 126.52% YoY), and the FY2025 full-year result was -$287.0 million, up 10.31% from the prior year.
- EBITDA grew to -$144.0 million in Q2 2026 per OPEN's latest filing, from -$159.0 million in the prior quarter.
- Across five years, EBITDA topped out at $118.0 million in Q1 2022 and bottomed at -$810.0 million in Q3 2022.
- Historically, EBITDA has averaged -$123.7 million across 5 years, with a median of -$83.0 million in 2023.
- The widest YoY moves for EBITDA: up 148.16% in 2022, down 1073.91% in 2022.
- Over 5 years, EBITDA stood at -$271.0 million in 2022, then soared by 57.56% to -$115.0 million in 2023, then climbed by 18.26% to -$94.0 million in 2024, then tumbled by 59.57% to -$150.0 million in 2025, then grew by 4.0% to -$144.0 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$144.0 million, -$159.0 million, and -$150.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 196.62 Mn |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | -144.00 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 63.60 Mn |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 44.16 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | -26.50 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | 1.46 Mn |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | 952,000.00 |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn | -16.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -144.00 Mn |
| Mar 31, 2026 | -159.00 Mn |
| Dec 31, 2025 | -150.00 Mn |
| Sep 30, 2025 | -68.00 Mn |
| Jun 30, 2025 | -13.00 Mn |
| Mar 31, 2025 | -56.00 Mn |
| Dec 31, 2024 | -94.00 Mn |
| Sep 30, 2024 | -67.00 Mn |
| Jun 30, 2024 | -72.00 Mn |
| Mar 31, 2024 | -87.00 Mn |
| Dec 31, 2023 | -115.00 Mn |
| Sep 30, 2023 | -79.00 Mn |
| Jun 30, 2023 | -68.00 Mn |
| Mar 31, 2023 | -124.00 Mn |
| Dec 31, 2022 | -271.00 Mn |
| Sep 30, 2022 | -810.00 Mn |
| Jun 30, 2022 | 32.00 Mn |
| Mar 31, 2022 | 118.00 Mn |
| Dec 31, 2021 | -102.00 Mn |
| Sep 30, 2021 | -69.00 Mn |