Opendoor Technologies (OPENL) Operating Leases (2019 - 2026)

Opendoor Technologies (OPENL) reported Operating Leases of $6.0 million for Q1 2026, down 53.85% on a YoY basis from $13.0 million in Q1 2025, and little changed quarter-over-quarter from $6.0 million in Q4 2025.

Opendoor Technologies (OPENL) Operating Leases (2019 - 2026) Analysis & Trends

Opendoor Technologies has reported Operating Leases for 8 years, with the latest figure at $6.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 53.85% year-over-year to $6.0 million; the trailing twelve-month figure through Mar 2026 stood at $6.0 million (down 53.85% YoY), and the FY2025 full-year result was $6.0 million, down 53.85% from the prior year.
  • Operating Leases for Q1 2026 stood at $6.0 million, roughly flat from $6.0 million in the prior quarter.
  • The five-year high for Operating Leases was $43.0 million in Q1 2022, with the low at $6.0 million in Q2 2025.
  • Historically, Operating Leases has averaged $21.4 million across 5 years, with a median of $19.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Leases retreated 4.95% — and 2025, when it slumped 66.67%.
  • Opendoor Technologies' Operating Leases 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 IHS Holding 45.03 Bn 44.04 Bn 231.80
2 Cbre 38.54 Bn 37.33 Bn 1.85 Bn
3 Costar 14.00 Bn 12.72 Bn 701.00 Mn
4 Jones Lang Lasalle 13.85 Bn 13.53 Bn -
5 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn
6 Compass 5.66 Bn 5.19 Bn 2.31 Bn
7 Opendoor Technologies 4.24 Bn 4.17 Bn 72.00 Mn
8 Cushman & Wakefield 3.11 Bn 2.51 Bn 420.70 Mn
9 Newmark 2.67 Bn 2.62 Bn -
10 Opendoor Technologies - - 72.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 44.59 Mn