Opendoor Technologies (OPEN) Operating Leases (2019 - 2026)
Opendoor Technologies' (OPEN) quarterly Operating Leases came in at $6.0 million in Q1 2026, down 53.85% YoY from $13.0 million in Q1 2025, and little changed on a QoQ basis from $6.0 million in Q4 2025.
Opendoor Technologies (OPEN) Operating Leases (2019 - 2026) Analysis & Trends
Opendoor Technologies (OPEN) has 8 years of Operating Leases data on file, last reported at $6.0 million in Q1 2026.
- Quarterly Operating Leases fell 53.85% year-over-year to $6.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.0 million (down 53.85% YoY) and the FY2025 annual result came in at $6.0 million, down 53.85% from the prior year.
- Operating Leases steadied at $6.0 million in Q1 2026, from $6.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $43.0 million in Q1 2022 to a low of $6.0 million in Q2 2025.
- A 5-year average of $21.4 million and a median of $19.0 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases retreated 4.95% — and 2025, when it slumped 66.67%.
- Tracing OPEN's Operating Leases over 5 years: stood at $38.0 million in 2022, then slumped by 50.0% to $19.0 million in 2023, then slumped by 31.58% to $13.0 million in 2024, then tumbled by 53.85% to $6.0 million in 2025, then changed by 0.0% to $6.0 million in 2026.
- The last three Operating Leases figures came in at $6.0 million (Q1 2026), $6.0 million (Q4 2025), and $7.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn |
| 10 | Newmark | 2.85 Bn | 2.46 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.00 Mn |
| Mar 31, 2026 | 6.00 Mn |
| Dec 31, 2025 | 6.00 Mn |
| Sep 30, 2025 | 7.00 Mn |
| Jun 30, 2025 | 6.00 Mn |
| Mar 31, 2025 | 13.00 Mn |
| Dec 31, 2024 | 13.00 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Jun 30, 2024 | 18.00 Mn |
| Mar 31, 2024 | 18.00 Mn |
| Dec 31, 2023 | 19.00 Mn |
| Sep 30, 2023 | 20.00 Mn |
| Jun 30, 2023 | 21.00 Mn |
| Mar 31, 2023 | 35.00 Mn |
| Dec 31, 2022 | 38.00 Mn |
| Sep 30, 2022 | 39.00 Mn |
| Jun 30, 2022 | 42.00 Mn |
| Mar 31, 2022 | 43.00 Mn |
| Dec 31, 2021 | 42.00 Mn |
| Sep 30, 2021 | 43.07 Mn |