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

Opendoor Technologies' Operating Expenses history spans 6 years, with the latest figure at $207.0 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 15.64% year-over-year to $207.0 million; the TTM value through Dec 2025 reached $637.0 million, down 15.41%, while the annual FY2025 figure was $637.0 million, 15.41% down from the prior year.
  • Operating Expenses reached $207.0 million in Q4 2025 per OPEN's latest filing, up from $134.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $454.0 million in Q2 2022 to a low of $134.0 million in Q3 2025.
  • Average Operating Expenses over 5 years is $258.0 million, with a median of $212.0 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: surged 256.78% in 2021, then crashed 54.55% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $374.0 million in 2021, then dropped by 8.56% to $342.0 million in 2022, then tumbled by 45.32% to $187.0 million in 2023, then fell by 4.28% to $179.0 million in 2024, then increased by 15.64% to $207.0 million in 2025.
  • Per Business Quant, the three most recent readings for OPEN's Operating Expenses are $207.0 million (Q4 2025), $134.0 million (Q3 2025), and $141.0 million (Q2 2025).