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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |