Opendoor Technologies (OPEN) Gross Margin (2019 - 2026)
Opendoor Technologies' (OPEN) quarterly Gross Margin came in at 10.0% in Q1 2026, up 141.0% YoY from 4.15% in Q1 2025, and up 29.12% on a QoQ basis from 7.74% in Q4 2025.
Opendoor Technologies (OPEN) Gross Margin (2019 - 2026) Analysis & Trends
Opendoor Technologies (OPEN) has 8 years of Gross Margin data on file, last reported at 10.0% in Q1 2026.
- Quarterly Gross Margin rose 141.0% year-over-year to 10.0% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.2% (up 5.0% YoY) and the FY2025 annual result came in at 8.01%, down 40.0% from the prior year.
- Gross Margin grew to 10.0% in Q1 2026, from 7.74% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 11.58% in Q2 2022 to a low of 12.65% in Q3 2022.
- A 5-year average of 6.95% and a median of 8.17% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 2156 bps — and 2023, when it soared 2244 bps.
- Tracing OPEN's Gross Margin over 5 years: stood at 2.49% in 2022, then soared by 233 bps to 8.28% in 2023, then dropped by 5 bps to 7.84% in 2024, then dropped by 1 bps to 7.74% in 2025, then gained by 29 bps to 10.0% in 2026.
- The last three Gross Margin figures came in at 10.0% (Q1 2026), 7.74% (Q4 2025), and 7.21% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | 18.58% |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | 24.14% |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | - |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 78.70% |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 90.04% |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | 33.17% |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | 40.39% |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | 18.53% |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | 9.74% |
| 10 | Newmark | 2.85 Bn | 2.46 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.74% |
| Mar 31, 2026 | 10.00% |
| Dec 31, 2025 | 7.74% |
| Sep 30, 2025 | 7.21% |
| Jun 30, 2025 | 8.17% |
| Mar 31, 2025 | 8.59% |
| Dec 31, 2024 | 7.84% |
| Sep 30, 2024 | 7.63% |
| Jun 30, 2024 | 8.54% |
| Mar 31, 2024 | 9.65% |
| Dec 31, 2023 | 8.28% |
| Sep 30, 2023 | 9.80% |
| Jun 30, 2023 | 7.54% |
| Mar 31, 2023 | 5.45% |
| Dec 31, 2022 | 2.49% |
| Sep 30, 2022 | -12.65% |
| Jun 30, 2022 | 11.58% |
| Mar 31, 2022 | 10.39% |
| Dec 31, 2021 | 7.12% |
| Sep 30, 2021 | 8.91% |