Opendoor Technologies (OPEN) Intangibles (2019 - 2024)
Opendoor Technologies (OPEN) recorded Intangibles of $2 million in Q2 2024, down 77.8% from $9 million a year earlier and down 50.0% from the prior quarter.
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Analysis
Opendoor Technologies (OPEN) Intangibles (2019 - 2024) Analysis & Trends
At the end of FY2023, Opendoor Technologies reported Intangibles of $5 million, down 58.3% from FY2022.
- Annual Intangibles has a four-year compound annual growth rate of -20.3% (FY2019 to FY2023).
- Across earlier years, Intangibles came in at $12 million in FY2022 (unchanged), $12 million in FY2021 (+33.3%), $9 million in FY2020 (-27.5%) and $12.41 million in FY2019.
- The Q2 2024 figure is the lowest quarterly Intangibles in data going back to Q4 2019.
- On a year-over-year basis, Intangibles has declined for three consecutive quarters, with an average decline of 25.0% over the last eight quarters.
- Peak year-over-year performance for Intangibles in the last five years was growth of 33.3% in Q4 2021, against a decline of 77.8% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $4 million (Q1 2024), $5 million (Q4 2023) and $7 million (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.83 Bn | 22.66 Bn | - | 31.68 Mn |
| 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 | 131.44 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 | 15.39 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 2.00 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Dec 31, 2023 | 5.00 Mn |
| Sep 30, 2023 | 7.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 11.00 Mn |
| Dec 31, 2022 | 12.00 Mn |
| Sep 30, 2022 | 7.00 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | 10.00 Mn |
| Dec 31, 2021 | 12.00 Mn |
| Sep 30, 2021 | 11.49 Mn |
| Jun 30, 2021 | 7.75 Mn |
| Mar 31, 2021 | 8.10 Mn |
| Dec 31, 2020 | 9.00 Mn |
| Dec 31, 2019 | 12.41 Mn |
API Access
Opendoor Technologies Intangibles 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=intangibles&ticker=OPEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=OPEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();