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

Opendoor Technologies' Operating Expenses history runs 7 years deep, the most recent figure standing at $231.0 million for Q1 2026.

• Quarterly Operating Expenses rose 49.03% year-over-year to $231.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $713.0 million (up 0.85% YoY) and the FY2025 annual result came in at $637.0 million, down 15.41% from the prior year.
• Operating Expenses was $231.0 million for Q1 2026 at Opendoor Technologies, up from $207.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $454.0 million in Q2 2022 and bottomed at $134.0 million in Q3 2025.
• A 5-year average of $240.7 million and a median of $201.0 million in 2024 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses plunged 54.55% — and 2026, when it jumped 49.03%.
• Opendoor Technologies' Operating Expenses stood at $342.0 million in 2022, then plunged 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, then increased by 11.59% to $231.0 million in 2026.
• Business Quant data shows OPEN's Operating Expenses at $231.0 million in Q1 2026, $207.0 million in Q4 2025, and $134.0 million in Q3 2025.