Opendoor Technologies (OPEN) Gross Margin (2019 - 2026)
Opendoor Technologies (OPEN) posted Gross Margin of 10.0% for Q1 2026, up 29.12% on a QoQ basis from 7.74% in Q4 2025, and up 141.0% year-over-year from 4.15% in Q1 2025.
Opendoor Technologies (OPEN) Gross Margin (2019 - 2026) Analysis & Trends
Opendoor Technologies' Gross Margin history runs 8 years deep, the most recent figure standing at 10.0% for 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 was 10.0% for Q1 2026 at Opendoor Technologies, up from 7.74% in the prior quarter.
- Across five years, Gross Margin topped out at 11.58% in Q2 2022 and bottomed at 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 sank 2156 bps — and 2023, when it soared 2244 bps.
- Opendoor Technologies' Gross Margin stood at 2.49% in 2022, then surged by 233 bps to 8.28% in 2023, then fell by 5 bps to 7.84% in 2024, then fell by 1 bps to 7.74% in 2025, then climbed by 29 bps to 10.0% in 2026.
- Business Quant data shows OPEN's Gross Margin at 10.0% in Q1 2026, 7.74% in Q4 2025, and 7.21% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Colliers International | 4,798.15 Bn | 4,797.86 Bn | - | - |
| 2 | IHS Holding | 60.96 Bn | 61.13 Bn | 231.80 | 55.80% |
| 3 | KE Holdings | 53.48 Bn | 50.59 Bn | 661.06 Mn | 24.14% |
| 4 | Cbre | 39.71 Bn | 39.92 Bn | 1.85 Bn | 17.59% |
| 5 | Jones Lang Lasalle | 14.96 Bn | 14.65 Bn | - | - |
| 6 | Costar | 11.08 Bn | 9.80 Bn | 701.00 Mn | 78.15% |
| 7 | Compass | 7.92 Bn | 7.44 Bn | 2.31 Bn | 85.28% |
| 8 | FirstService | 6.01 Bn | 6.28 Bn | 480.66 Mn | 33.17% |
| 9 | Opendoor Technologies | 3.69 Bn | 2.69 Bn | 72.00 Mn | 10.00% |
| 10 | Cushman & Wakefield | 2.90 Bn | 2.30 Bn | 420.70 Mn | 16.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 13.41% |