Growth Metrics

Opendoor Technologies (OPEN) Gross Margin (2019 - 2025)

Opendoor Technologies' Gross Margin history spans 7 years, with the latest figure at 7.74% for Q4 2025.

  • For Q4 2025, Gross Margin fell 10.0% year-over-year to 7.74%; the TTM value through Dec 2025 reached 8.01%, down 40.0%, while the annual FY2025 figure was 8.01%, 40.0% down from the prior year.
  • Gross Margin reached 7.74% in Q4 2025 per OPEN's latest filing, up from 7.21% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 13.41% in Q2 2021 to a low of 12.65% in Q3 2022.
  • Average Gross Margin over 5 years is 7.53%, with a median of 8.22% recorded in 2023.
  • Peak YoY movement for Gross Margin: crashed -2156bps in 2022, then skyrocketed 2244bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 7.12% in 2021, then plummeted by -65bps to 2.49% in 2022, then surged by 233bps to 8.28% in 2023, then fell by -5bps to 7.84% in 2024, then fell by -1bps to 7.74% in 2025.
  • Per Business Quant, the three most recent readings for OPEN's Gross Margin are 7.74% (Q4 2025), 7.21% (Q3 2025), and 8.17% (Q2 2025).