Opendoor Technologies (OPEN) Intangibles (2019 - 2024)
Opendoor Technologies' (OPEN) quarterly Intangibles came in at $2.0 million in Q2 2024, down 77.78% YoY from $9.0 million in Q3 2023, and down 50.0% on a QoQ basis from $4.0 million in Q1 2024.
Opendoor Technologies (OPEN) Intangibles (2019 - 2024) Analysis & Trends
Opendoor Technologies (OPEN) has 6 years of Intangibles data on file, last reported at $2.0 million in Q2 2024.
- Quarterly Intangibles fell 77.78% year-over-year to $2.0 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $2.0 million (down 77.78% YoY) and the FY2023 annual result came in at $5.0 million, down 58.33% from the prior year.
- Intangibles slipped to $2.0 million in Q2 2024, from $4.0 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $12.0 million in Q4 2021 to a low of $2.0 million in Q2 2024.
- A 5-year average of $8.2 million and a median of $8.1 million in 2021 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2021 — Intangibles jumped 33.33% — and 2024, when it slumped 77.78%.
- Tracing OPEN's Intangibles over 5 years: stood at $9.0 million in 2020, then jumped by 33.33% to $12.0 million in 2021, then changed by 0.0% to $12.0 million in 2022, then tumbled by 58.33% to $5.0 million in 2023, then slumped by 60.0% to $2.0 million in 2024.
- The last three Intangibles figures came in at $2.0 million (Q2 2024), $4.0 million (Q1 2024), and $5.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.31 Bn | 42.82 Bn | 2.09 Bn | 2.84 Bn |
| 2 | KE Holdings | 19.63 Bn | 16.75 Bn | 661.06 Mn | - |
| 3 | Jones Lang Lasalle | 17.89 Bn | 17.43 Bn | - | 635.70 Mn |
| 4 | Costar | 13.05 Bn | 11.78 Bn | 728.00 Mn | 1.67 Bn |
| 5 | Compass | 8.93 Bn | 8.23 Bn | 3.88 Bn | 2.97 Bn |
| 6 | FirstService | 6.59 Bn | 6.36 Bn | 480.66 Mn | - |
| 7 | Colliers International | 5.48 Bn | 5.43 Bn | 635,105.00 Bn | - |
| 8 | Cushman & Wakefield | 3.48 Bn | 2.98 Bn | 512.00 Mn | 635.50 Mn |
| 9 | Opendoor Technologies | 3.42 Bn | 2.52 Bn | 86.00 Mn | - |
| 10 | Newmark | 2.89 Bn | 2.50 Bn | - | 512.99 Mn |
Historic Data
Download 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 |