Opendoor Technologies (OPEN) Research & Development (2020 - 2026)
Opendoor Technologies (OPEN) posted Research & Development of $24.0 million for Q1 2026, up 33.33% on a QoQ basis from $18.0 million in Q4 2025, and up 14.29% year-over-year from $21.0 million in Q1 2025.
Opendoor Technologies (OPEN) Research & Development (2020 - 2026) Analysis & Trends
Opendoor Technologies' Research & Development history runs 7 years deep, the most recent figure standing at $24.0 million for Q1 2026.
- Quarterly Research & Development rose 14.29% year-over-year to $24.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $147.0 million (down 62.6% YoY) and the FY2025 annual result came in at $79.0 million, down 80.87% from the prior year.
- Research & Development was $24.0 million for Q1 2026 at Opendoor Technologies, up from $18.0 million in the prior quarter.
- Across five years, Research & Development topped out at $305.0 million in Q4 2024 and bottomed at $18.0 million in Q4 2025.
- A 5-year average of $66.9 million and a median of $40.0 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development surged 862.96% — and 2025, when it sank 94.1%.
- Opendoor Technologies' Research & Development stood at $48.0 million in 2022, then decreased by 4.17% to $46.0 million in 2023, then soared by 563.04% to $305.0 million in 2024, then sank by 94.1% to $18.0 million in 2025, then soared by 33.33% to $24.0 million in 2026.
- Business Quant data shows OPEN's Research & Development at $24.0 million in Q1 2026, $18.0 million in Q4 2025, and $19.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Colliers International | 4,798.15 Bn | 4,797.86 Bn | - | - |
| 2 | IHS Holding | 60.96 Bn | 61.13 Bn | 231.80 | - |
| 3 | KE Holdings | 53.48 Bn | 50.59 Bn | 661.06 Mn | -156.88 Mn |
| 4 | Cbre | 39.71 Bn | 39.92 Bn | 1.85 Bn | - |
| 5 | Jones Lang Lasalle | 14.96 Bn | 14.65 Bn | - | - |
| 6 | Costar | 11.08 Bn | 9.80 Bn | 701.00 Mn | 421.00 Mn |
| 7 | Compass | 7.92 Bn | 7.44 Bn | 2.31 Bn | 119.00 Mn |
| 8 | FirstService | 6.01 Bn | 6.28 Bn | 480.66 Mn | - |
| 9 | Opendoor Technologies | 3.69 Bn | 2.69 Bn | 72.00 Mn | 24.00 Mn |
| 10 | Cushman & Wakefield | 2.90 Bn | 2.30 Bn | 420.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.00 Mn |
| Dec 31, 2025 | 18.00 Mn |
| Sep 30, 2025 | 19.00 Mn |
| Jun 30, 2025 | 86.00 Mn |
| Mar 31, 2025 | 21.00 Mn |
| Dec 31, 2024 | 305.00 Mn |
| Sep 30, 2024 | 30.00 Mn |
| Jun 30, 2024 | 37.00 Mn |
| Mar 31, 2024 | 41.00 Mn |
| Dec 31, 2023 | 46.00 Mn |
| Sep 30, 2023 | 42.00 Mn |
| Jun 30, 2023 | 39.00 Mn |
| Mar 31, 2023 | 40.00 Mn |
| Dec 31, 2022 | 48.00 Mn |
| Sep 30, 2022 | 260.00 Mn |
| Jun 30, 2022 | 41.00 Mn |
| Mar 31, 2022 | 40.00 Mn |
| Dec 31, 2021 | 225.00 Mn |
| Sep 30, 2021 | 27.00 Mn |
| Jun 30, 2021 | 97.00 Mn |