Opendoor Technologies (OPEN) Inventory (2019 - 2026)
Opendoor Technologies' Inventory came in at $1.85 billion for Q2 2026, up 20.6% from $1.53 billion a year earlier and up 62.0% from the prior quarter.
Opendoor Technologies (OPEN) Inventory (2019 - 2026) Analysis & Trends
At the end of FY2025, Opendoor Technologies' Inventory was $925 million, down 57.2% from FY2024.
- Inventory carries a five-year compound annual growth rate of 14.7% (FY2020 to FY2025).
- Going back by year, Inventory was $2.16 billion in FY2024 (+21.6%), $1.78 billion in FY2023 (-60.2%), $4.46 billion in FY2022 (-26.8%) and $6.1 billion in FY2021.
- The Q2 2026 figure represents the highest quarterly Inventory since Q1 2025.
- Year-over-year, Inventory increased in four of the last eight quarters, with an average decline of 7.5%.
- The fastest year-over-year change in Inventory over five years came in Q1 2022 (growth of 454.8%), and the weakest in Q2 2023 (a decline of 82.7%).
- Business Quant data shows OPEN's Inventory at $1.14 billion (Q1 2026), $925 million (Q4 2025) and $1.05 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.55 Bn | 22.38 Bn | - | - |
| 2 | St Joe | 3.95 Bn | 3.44 Bn | 73.42 Mn | 3.65 Mn |
| 3 | Millrose Properties | 3.88 Bn | 3.52 Bn | - | - |
| 4 | LandBridge | 2.22 Bn | 2.09 Bn | 65.71 Mn | - |
| 5 | Opendoor Technologies | 1.99 Bn | -1.83 Bn | 86.00 Mn | 1.85 Bn |
| 6 | Forestar | 1.30 Bn | -43.39 Mn | 84.10 Mn | - |
| 7 | Five Point Holdings | 662.61 Mn | -795.01 Mn | -23.72 Mn | 2.52 Bn |
| 8 | Tejon Ranch | 437.20 Mn | 356.82 Mn | - | 9.39 Mn |
| 9 | Nam Tai Property | 260.01 Mn | 78.63 Mn | - | - |
| 10 | Global Asset Management | 182.09 Mn | 179.78 Mn | 236,261.00 | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.85 Bn |
| Mar 31, 2026 | 1.14 Bn |
| Dec 31, 2025 | 925.00 Mn |
| Sep 30, 2025 | 1.05 Bn |
| Jun 30, 2025 | 1.53 Bn |
| Mar 31, 2025 | 2.36 Bn |
| Dec 31, 2024 | 2.16 Bn |
| Sep 30, 2024 | 2.15 Bn |
| Jun 30, 2024 | 2.23 Bn |
| Mar 31, 2024 | 1.88 Bn |
| Dec 31, 2023 | 1.78 Bn |
| Sep 30, 2023 | 1.31 Bn |
| Jun 30, 2023 | 1.15 Bn |
| Mar 31, 2023 | 2.12 Bn |
| Dec 31, 2022 | 4.46 Bn |
| Sep 30, 2022 | 6.09 Bn |
| Jun 30, 2022 | 6.63 Bn |
| Mar 31, 2022 | 4.66 Bn |
| Dec 31, 2021 | 6.10 Bn |
| Sep 30, 2021 | 6.27 Bn |
Opendoor Technologies Inventory 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=inventory&ticker=OPEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=OPEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();