Opendoor Technologies (OPEN) Operating Margin (2019 - 2026)
Opendoor Technologies' (OPEN) quarterly Operating Margin came in at 22.08% in Q1 2026, down 1723.0% YoY from 1.36% in Q1 2025, and down 8.36% on a QoQ basis from 20.38% in Q4 2025.
Opendoor Technologies (OPEN) Operating Margin (2019 - 2026) Analysis & Trends
Opendoor Technologies (OPEN) has 8 years of Operating Margin data on file, last reported at 22.08% in 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 declined to 22.08% in Q1 2026, from 20.38% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 2.29% in Q1 2022 to a low of 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.
- The widest YoY moves for Operating Margin: up 3509 bps in 2022, down 2105 bps in 2022.
- Tracing OPEN's Operating Margin over 5 years: stood at 9.49% in 2022, then sank by 39 bps to 13.22% in 2023, then surged by 34 bps to 8.67% in 2024, then tumbled by 135 bps to 20.38% in 2025, then declined by 8 bps to 22.08% in 2026.
- The last three Operating Margin figures came in at 22.08% (Q1 2026), 20.38% (Q4 2025), and 7.43% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | 3.25% |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | 6.74% |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | 4.20% |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 8.22% |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 2.88% |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | 6.88% |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | 0.00% |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | 4.86% |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | -16.31% |
| 10 | Newmark | 2.85 Bn | 2.46 Bn | - | 4.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -16.31% |
| 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% |