Opendoor Technologies OPEN
NASDAQ OPEN
$3.00 -0.07 (-2.28%)
As of: Sep 9, 2026 · 3:59 PM EDT

Opendoor Technologies (OPEN) EBT Margin (2020 - 2026)

Opendoor Technologies' (OPEN) quarterly EBT Margin came in at 18.35% in Q2 2026, down 1650.0% on a YoY basis from 1.18% in Q2 2025, and up 23.64% quarter-over-quarter from 24.03% in Q1 2026.

Analysis

Opendoor Technologies (OPEN) EBT Margin (2020 - 2026) Analysis & Trends

Opendoor Technologies (OPEN) has reported EBT Margin for 7 consecutive years, with 18.35% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBT Margin fell 1650.0% year-over-year to 18.35%; the trailing twelve-month figure through Jun 2026 stood at 46.74% (down 4086.0% YoY), and the FY2025 full-year result was 29.74%, down 2215.0% from the prior year.
  • EBT Margin rose to 18.35% in Q2 2026 per OPEN's latest filing, from 24.03% in the prior quarter.
  • Across five years, EBT Margin topped out at 1.21% in Q2 2023 and bottomed at 149.05% in Q4 2025.
  • Historically, EBT Margin has averaged 17.07% across 5 years, with a median of 9.48% in 2024.
  • The sharpest annual moves came in 2022 and 2025: EBT Margin surged 3669 bps in 2022, then sank 13862 bps in 2025.
  • Over 5 years, EBT Margin stood at 13.97% in 2022, then advanced by 25 bps to 10.46% in 2023, then advanced by 0 bps to 10.42% in 2024, then tumbled by 1330 bps to 149.05% in 2025, then soared by 88 bps to 18.35% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 18.35%, 24.03%, and 149.05% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Texas Pacific Land 25.00 Bn 24.76 Bn - 78.72%
2 Eason Technology 6.75 Bn 6.75 Bn - -
3 LandBridge 6.64 Bn 7.07 Bn 65.51 Mn 52.29%
4 Vesta Real Estate Corporation, S.A.B. de C.V 3.07 Bn 6.22 Bn - 125.86%
5 Opendoor Technologies 3.05 Bn 2.16 Bn 86.00 Mn -18.35%
6 Kennedy-Wilson Holdings 1.52 Bn 1.37 Bn 83.20 Mn 11.09%
7 Frp Holdings 433.69 Mn 433.69 Mn - -3.83%
8 American Realty Investors 250.20 Mn 445.20 Mn - -19.76%
9 Belpointe PREP 188.11 Mn 188.11 Mn - -
10 Star Holdings 119.97 Mn 86.41 Mn 5.31 Mn -105.26%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -18.35%
Mar 31, 2026 -24.03%
Dec 31, 2025 -149.05%
Sep 30, 2025 -9.73%
Jun 30, 2025 -1.85%
Mar 31, 2025 -7.37%
Dec 31, 2024 -10.42%
Sep 30, 2024 -5.66%
Jun 30, 2024 -6.02%
Mar 31, 2024 -9.23%
Dec 31, 2023 -10.46%
Sep 30, 2023 -10.82%
Jun 30, 2023 1.21%
Mar 31, 2023 -3.24%
Dec 31, 2022 -13.97%
Sep 30, 2022 -27.58%
Jun 30, 2022 -1.26%
Mar 31, 2022 0.54%
Dec 31, 2021 -5.00%
Sep 30, 2021 -2.47%