Opendoor Technologies (OPEN) Net Margin (2020 - 2026)
Opendoor Technologies' (OPEN) quarterly Net Margin came in at 18.36% in Q2 2026, down 1649.0% on a YoY basis from 1.19% in Q2 2025, and up 23.64% quarter-over-quarter from 24.04% in Q1 2026.
Analysis
Opendoor Technologies (OPEN) Net Margin (2020 - 2026) Analysis & Trends
Opendoor Technologies (OPEN) has reported Net Margin for 7 consecutive years, with 18.36% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 1649.0% year-over-year to 18.36%; the trailing twelve-month figure through Jun 2026 stood at 46.75% (down 4085.0% YoY), and the FY2025 full-year result was 29.74%, down 2213.0% from the prior year.
- Net Margin climbed to 18.36% in Q2 2026 per OPEN's latest filing, from 24.04% in the prior quarter.
- Across five years, Net Margin topped out at 1.16% in Q2 2023 and bottomed at 148.91% in Q4 2025.
- Historically, Net Margin has averaged 17.08% across 5 years, with a median of 9.54% in 2024.
- The sharpest annual moves came in 2022 and 2025: Net Margin surged 3670 bps in 2022, then sank 13849 bps in 2025.
- Over 5 years, Net Margin stood at 13.97% in 2022, then advanced by 25 bps to 10.46% in 2023, then advanced by 0 bps to 10.42% in 2024, then tumbled by 1329 bps to 148.91% in 2025, then jumped by 88 bps to 18.36% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 18.36%, 24.04%, and 148.91% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 62.56% |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | -18.36% |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 121.91% |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 46.45% |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 11.69% |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | -3.10% |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | -19.21% |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn | 214.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -18.36% |
| Mar 31, 2026 | -24.04% |
| Dec 31, 2025 | -148.91% |
| Sep 30, 2025 | -9.84% |
| Jun 30, 2025 | -1.86% |
| Mar 31, 2025 | -7.39% |
| Dec 31, 2024 | -10.42% |
| Sep 30, 2024 | -5.66% |
| Jun 30, 2024 | -6.09% |
| Mar 31, 2024 | -9.25% |
| Dec 31, 2023 | -10.46% |
| Sep 30, 2023 | -10.82% |
| Jun 30, 2023 | 1.16% |
| Mar 31, 2023 | -3.25% |
| Dec 31, 2022 | -13.97% |
| Sep 30, 2022 | -27.61% |
| Jun 30, 2022 | -1.29% |
| Mar 31, 2022 | 0.54% |
| Dec 31, 2021 | -5.00% |
| Sep 30, 2021 | -2.52% |