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
DateValue
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%