Opendoor Technologies (OPEN) Research & Development (2020 - 2026)
Opendoor Technologies' (OPEN) quarterly Research & Development came in at $24.0 million in Q1 2026, up 14.29% YoY from $21.0 million in Q1 2025, and up 33.33% on a QoQ basis from $18.0 million in Q4 2025.
Opendoor Technologies (OPEN) Research & Development (2020 - 2026) Analysis & Trends
Opendoor Technologies (OPEN) has 7 years of Research & Development data on file, last reported at $24.0 million in 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 improved to $24.0 million in Q1 2026, from $18.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $305.0 million in Q4 2024 to a low of $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 slumped 94.1%.
- Tracing OPEN's Research & Development over 5 years: stood at $48.0 million in 2022, then fell by 4.17% to $46.0 million in 2023, then jumped by 563.04% to $305.0 million in 2024, then tumbled by 94.1% to $18.0 million in 2025, then jumped by 33.33% to $24.0 million in 2026.
- The last three Research & Development figures came in at $24.0 million (Q1 2026), $18.0 million (Q4 2025), and $19.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | - |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | -156.88 Mn |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | - |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 395.00 Mn |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 109.00 Mn |
| 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 | 65.00 Mn |
| 10 | Newmark | 2.85 Bn | 2.46 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 65.00 Mn |
| 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 |