Opendoor Technologies (OPEN) Operating Margin (2019 - 2026)

Opendoor Technologies (OPEN) posted Operating Margin of 22.08% for Q1 2026, down 8.36% on a QoQ basis from 20.38% in Q4 2025, and down 1723.0% year-over-year from 1.36% in Q1 2025.

Opendoor Technologies (OPEN) Operating Margin (2019 - 2026) Analysis & Trends

Opendoor Technologies' Operating Margin history runs 8 years deep, the most recent figure standing at 22.08% for Q1 2026.

  • Quarterly Operating Margin fell 1723.0% year-over-year to 22.08% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.9% (down 426.0% YoY) and the FY2025 annual result came in at 6.57%, down 36.0% from the prior year.
  • Operating Margin was 22.08% for Q1 2026 at Opendoor Technologies, down from 20.38% in the prior quarter.
  • Across five years, Operating Margin topped out at 2.29% in Q1 2022 and bottomed at 24.1% in Q3 2022.
  • A 5-year average of 8.26% and a median of 7.37% in 2024 frame the typical range for Operating Margin.
  • Peak annual rise in Operating Margin reached 3509 bps in 2022, while the deepest fall reached 2105 bps in 2022.
  • Opendoor Technologies' Operating Margin stood at 9.49% in 2022, then tumbled by 39 bps to 13.22% in 2023, then jumped by 34 bps to 8.67% in 2024, then sank by 135 bps to 20.38% in 2025, then retreated by 8 bps to 22.08% in 2026.
  • Business Quant data shows OPEN's Operating Margin at 22.08% in Q1 2026, 20.38% in Q4 2025, and 7.43% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Colliers International 4,798.15 Bn 4,797.86 Bn - 2.67%
2 IHS Holding 60.96 Bn 61.13 Bn 231.80 84.86%
3 KE Holdings 53.48 Bn 50.59 Bn 661.06 Mn 6.74%
4 Cbre 39.71 Bn 39.92 Bn 1.85 Bn 4.85%
5 Jones Lang Lasalle 14.96 Bn 14.65 Bn - 3.20%
6 Costar 11.08 Bn 9.80 Bn 701.00 Mn 0.33%
7 Compass 7.92 Bn 7.44 Bn 2.31 Bn -12.98%
8 FirstService 6.01 Bn 6.28 Bn 480.66 Mn 6.88%
9 Opendoor Technologies 3.69 Bn 2.69 Bn 72.00 Mn -22.08%
10 Cushman & Wakefield 2.90 Bn 2.30 Bn 420.70 Mn 2.31%

Historic Data

Download Data
DateValue
Mar 31, 2026 -22.08%
Dec 31, 2025 -20.38%
Sep 30, 2025 -7.43%
Jun 30, 2025 -0.83%
Mar 31, 2025 -4.86%
Dec 31, 2024 -8.67%
Sep 30, 2024 -4.87%
Jun 30, 2024 -4.77%
Mar 31, 2024 -7.37%
Dec 31, 2023 -13.22%
Sep 30, 2023 -8.06%
Jun 30, 2023 -3.44%
Mar 31, 2023 -3.97%
Dec 31, 2022 -9.49%
Sep 30, 2022 -24.10%
Jun 30, 2022 0.76%
Mar 31, 2022 2.29%
Dec 31, 2021 -2.67%
Sep 30, 2021 -3.05%
Jun 30, 2021 -12.82%