Opendoor Technologies (OPEN) EBT (2020 - 2026)
Opendoor Technologies' (OPEN) quarterly EBT came in at -$162.0 million in Q2 2026, down 458.62% on a YoY basis from $45.2 million in Q2 2025, and up 6.36% quarter-over-quarter from -$173.0 million in Q1 2026.
Analysis
Opendoor Technologies (OPEN) EBT (2020 - 2026) Analysis & Trends
Opendoor Technologies (OPEN) has reported EBT for 7 consecutive years, with -$162.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT fell 458.62% year-over-year to -$162.0 million; the trailing twelve-month figure through Jun 2026 stood at -$1.5 billion (down 398.69% YoY), and the FY2025 full-year result was -$1.3 billion, down 232.48% from the prior year.
- EBT improved to -$162.0 million in Q2 2026 per OPEN's latest filing, from -$173.0 million in the prior quarter.
- Across five years, EBT topped out at $28.0 million in Q1 2022 and bottomed at -$1.1 billion in Q4 2025.
- Historically, EBT has averaged -$202.8 million across 5 years, with a median of -$96.0 million in 2023.
- The sharpest annual moves came in 2022 and 2023: EBT sank 1555.36% in 2022, then surged 145.28% in 2023.
- Over 5 years, EBT stood at -$399.0 million in 2022, then jumped by 77.19% to -$91.0 million in 2023, then declined by 24.18% to -$113.0 million in 2024, then plunged by 870.8% to -$1.1 billion in 2025, then soared by 85.23% to -$162.0 million in 2026.
- According to Business Quant data, EBT over the past three periods registered -$162.0 million, -$173.0 million, and -$1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 193.70 Mn |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | -162.00 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 98.80 Mn |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 34.95 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 13.00 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | -424,000.00 |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | -2.54 Mn |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn | -20.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -162.00 Mn |
| Mar 31, 2026 | -173.00 Mn |
| Dec 31, 2025 | -1.10 Bn |
| Sep 30, 2025 | -89.00 Mn |
| Jun 30, 2025 | -29.00 Mn |
| Mar 31, 2025 | -85.00 Mn |
| Dec 31, 2024 | -113.00 Mn |
| Sep 30, 2024 | -78.00 Mn |
| Jun 30, 2024 | -91.00 Mn |
| Mar 31, 2024 | -109.00 Mn |
| Dec 31, 2023 | -91.00 Mn |
| Sep 30, 2023 | -106.00 Mn |
| Jun 30, 2023 | 24.00 Mn |
| Mar 31, 2023 | -101.00 Mn |
| Dec 31, 2022 | -399.00 Mn |
| Sep 30, 2022 | -927.00 Mn |
| Jun 30, 2022 | -53.00 Mn |
| Mar 31, 2022 | 28.00 Mn |
| Dec 31, 2021 | -191.00 Mn |
| Sep 30, 2021 | -56.00 Mn |