Opendoor Technologies OPEN
NASDAQ OPEN
$2.56 +0.00 (+0.00%)
At close: Sep 18, 2026 · 4:00 PM EDT

Opendoor Technologies (OPEN) Free Cash Flow (2020 - 2026)

Opendoor Technologies' (OPEN) quarterly Free Cash Flow came in at -$723.0 million in Q2 2026, down 188.06% on a YoY basis from $821.0 million in Q2 2025, and down 189.2% quarter-over-quarter from -$250.0 million in Q1 2026.

Analysis

Opendoor Technologies (OPEN) Free Cash Flow (2020 - 2026) Analysis & Trends

Opendoor Technologies (OPEN) has reported Free Cash Flow for 7 consecutive years, with -$723.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow fell 188.06% year-over-year to -$723.0 million; the trailing twelve-month figure through Jun 2026 stood at -$474.0 million (down 192.76% YoY), and the FY2025 full-year result was $1.0 billion, up 267.26% from the prior year.
  • Free Cash Flow retreated to -$723.0 million in Q2 2026 per OPEN's latest filing, from -$250.0 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $2.2 billion in Q1 2023 and bottomed at -$1.9 billion in Q2 2022.
  • Historically, Free Cash Flow has averaged $135.8 million across 5 years, with a median of -$134.5 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Free Cash Flow jumped 1291.0% in 2022, then plunged 188.06% in 2026.
  • Over 5 years, Free Cash Flow stood at $1.4 billion in 2022, then plunged by 139.61% to -$551.0 million in 2023, then jumped by 84.94% to -$83.0 million in 2024, then soared by 180.72% to $67.0 million in 2025, then sank by 1179.1% to -$723.0 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$723.0 million, -$250.0 million, and $67.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Texas Pacific Land 24.33 Bn 24.08 Bn - 70.05 Mn
2 Eason Technology 6.61 Bn 6.61 Bn - -
3 LandBridge 6.60 Bn 7.04 Bn 65.51 Mn 40.24 Mn
4 Vesta Real Estate Corporation, S.A.B. de C.V 2.98 Bn 6.13 Bn - 161.96 Mn
5 Opendoor Technologies 2.48 Bn 1.58 Bn 86.00 Mn -723.00 Mn
6 Frp Holdings 403.74 Mn 403.74 Mn - -
7 American Realty Investors 263.12 Mn 458.12 Mn - -9.32 Mn
8 Belpointe PREP 179.07 Mn 179.07 Mn - -
9 Star Holdings 109.70 Mn 76.15 Mn 5.31 Mn -2.94 Mn
10 Logistic Properties of the Americas 99.60 Mn 168.19 Mn - 7.35 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -723.00 Mn
Mar 31, 2026 -250.00 Mn
Dec 31, 2025 67.00 Mn
Sep 30, 2025 432.00 Mn
Jun 30, 2025 821.00 Mn
Mar 31, 2025 -283.00 Mn
Dec 31, 2024 -83.00 Mn
Sep 30, 2024 56.00 Mn
Jun 30, 2024 -407.00 Mn
Mar 31, 2024 -186.00 Mn
Dec 31, 2023 -551.00 Mn
Sep 30, 2023 -227.00 Mn
Jun 30, 2023 931.00 Mn
Mar 31, 2023 2.15 Bn
Dec 31, 2022 1.39 Bn
Sep 30, 2022 -335.00 Mn
Jun 30, 2022 -1.90 Bn
Mar 31, 2022 1.54 Bn
Dec 31, 2021 100.00 Mn
Sep 30, 2021 -3.60 Bn