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Opendoor Technologies (OPEN) Operating Expenses (2020 - 2026)

Opendoor Technologies filings provide 6 years of Operating Expenses readings, the most recent being $207.0 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 15.64% to $207.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $637.0 million, a 15.41% decrease, with the full-year FY2025 number at $637.0 million, down 15.41% from a year prior.
  • Operating Expenses hit $207.0 million in Q4 2025 for Opendoor Technologies, 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.
  • Median Operating Expenses over the past 5 years was $212.0 million (2023), compared with a mean of $258.0 million.
  • Biggest five-year swings in Operating Expenses: soared 256.78% in 2021 and later plummeted 54.55% in 2023.
  • Opendoor Technologies' Operating Expenses 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.
  • The last three reported values for Operating Expenses were $207.0 million (Q4 2025), $134.0 million (Q3 2025), and $141.0 million (Q2 2025) per Business Quant data.