Opendoor Technologies (OPEN) Gross Profit (2019 - 2026)
Opendoor Technologies' Gross Profit was $86 million in Q2 2026, down 32.8% from $128 million a year earlier but up 19.4% from the prior quarter.
Opendoor Technologies (OPEN) Gross Profit (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Opendoor Technologies' Gross Profit was $281 million through Jun 30, 2026, down 32.6% year-over-year; for FY2025, it came in at $350 million, down 19.2% from FY2024.
- Gross Profit has now declined for four consecutive years, though with a five-year compound annual growth rate of 9.7% (FY2020 to FY2025).
- In earlier years, Gross Profit was $433 million in FY2024 (-11.1%), $487 million in FY2023 (-27.0%), $667 million in FY2022 (-8.6%) and $730 million in FY2021 (+231.8%).
- Quarterly Gross Profit has moved between -$425 million (Q3 2022) and $535 million (Q1 2022) over five years.
- Compared with a year earlier, Gross Profit has declined for six straight quarters, with an average decline of 14.6% over the last eight quarters.
- The best year-over-year quarter for Gross Profit over five years was Q4 2021 (growth of 609.0%); the worst was Q4 2022 (a decline of 73.9%).
- Per Business Quant data, OPEN's Gross Profit in the three quarters before Q2 2026 was $72 million (Q1 2026), $57 million (Q4 2025) and $66 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.83 Bn | 22.66 Bn | - |
| 2 | St Joe | 3.87 Bn | 3.36 Bn | 73.42 Mn |
| 3 | Millrose Properties | 3.65 Bn | 3.29 Bn | - |
| 4 | LandBridge | 2.24 Bn | 2.11 Bn | 65.71 Mn |
| 5 | Opendoor Technologies | 1.97 Bn | -1.85 Bn | 86.00 Mn |
| 6 | Forestar | 1.28 Bn | -66.65 Mn | 84.10 Mn |
| 7 | Five Point Holdings | 634.45 Mn | -823.18 Mn | -23.72 Mn |
| 8 | Tejon Ranch | 435.85 Mn | 355.47 Mn | - |
| 9 | Nam Tai Property | 260.01 Mn | 78.63 Mn | - |
| 10 | Global Asset Management | 215.67 Mn | 213.36 Mn | 236,261.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.00 Mn |
| Mar 31, 2026 | 72.00 Mn |
| Dec 31, 2025 | 57.00 Mn |
| Sep 30, 2025 | 66.00 Mn |
| Jun 30, 2025 | 128.00 Mn |
| Mar 31, 2025 | 99.00 Mn |
| Dec 31, 2024 | 85.00 Mn |
| Sep 30, 2024 | 105.00 Mn |
| Jun 30, 2024 | 129.00 Mn |
| Mar 31, 2024 | 114.00 Mn |
| Dec 31, 2023 | 72.00 Mn |
| Sep 30, 2023 | 96.00 Mn |
| Jun 30, 2023 | 149.00 Mn |
| Mar 31, 2023 | 170.00 Mn |
| Dec 31, 2022 | 71.00 Mn |
| Sep 30, 2022 | -425.00 Mn |
| Jun 30, 2022 | 486.00 Mn |
| Mar 31, 2022 | 535.00 Mn |
| Dec 31, 2021 | 272.00 Mn |
| Sep 30, 2021 | 202.00 Mn |
Opendoor Technologies Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=OPEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "OPEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=OPEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();