Opendoor Technologies (OPEN) Intangibles (2019 - 2024)

Opendoor Technologies (OPEN) has reported Intangibles for 6 consecutive years, with $2.0 million the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Intangibles fell 77.78% year-over-year to $2.0 million; the trailing twelve-month figure through Jun 2024 stood at $2.0 million (down 77.78% YoY), and the FY2023 full-year result was $5.0 million, down 58.33% from the prior year.
• Intangibles fell to $2.0 million in Q2 2024 per OPEN's latest filing, from $4.0 million in the prior quarter.
• Across five years, Intangibles topped out at $12.0 million in Q4 2021 and bottomed at $2.0 million in Q2 2024.
• Historically, Intangibles has averaged $8.2 million across 5 years, with a median of $8.1 million in 2021.
• The sharpest annual moves came in 2021 and 2024: Intangibles surged 33.33% in 2021, then tumbled 77.78% in 2024.
• Over 5 years, Intangibles stood at $9.0 million in 2020, then soared by 33.33% to $12.0 million in 2021, then changed by 0.0% to $12.0 million in 2022, then sank by 58.33% to $5.0 million in 2023, then plunged by 60.0% to $2.0 million in 2024.
• According to Business Quant data, Intangibles over the past three periods registered $2.0 million, $4.0 million, and $5.0 million for Q2 2024, Q1 2024, and Q4 2023 respectively.