Growth Metrics

Opendoor Technologies (OPEN) Operating Expenses (2020 - 2025)

Opendoor Technologies (OPEN) has disclosed Operating Expenses for 6 consecutive years, with $134.0 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses fell 22.09% year-over-year to $134.0 million, compared with a TTM value of $430.0 million through Dec 2025, down 31.09%, and an annual FY2025 reading of $89.0 million, down 73.82% over the prior year.
  • Operating Expenses was $134.0 million for Q3 2025 at Opendoor Technologies, down from $141.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $454.0 million in Q2 2022 and bottomed at $50.0 million in Q4 2024.
  • Average Operating Expenses over 5 years is $253.8 million, with a median of $217.0 million recorded in 2023.
  • The sharpest move saw Operating Expenses skyrocketed 256.54% in 2021, then crashed 73.26% in 2024.
  • Year by year, Operating Expenses stood at $373.8 million in 2021, then dropped by 8.5% to $342.0 million in 2022, then tumbled by 45.32% to $187.0 million in 2023, then plummeted by 73.26% to $50.0 million in 2024, then surged by 168.0% to $134.0 million in 2025.
  • Business Quant data shows Operating Expenses for OPEN at $134.0 million in Q3 2025, $141.0 million in Q2 2025, and $155.0 million in Q1 2025.