Opendoor Technologies Inc. (OPENW) Cost of Revenue (2019 - 2026)

Opendoor Technologies (OPENW) posted Cost of Revenue of $648.0 million for Q1 2026, down 4.57% on a QoQ basis from $679.0 million in Q4 2025, and down 38.52% year-over-year from $1.1 billion in Q1 2025.

Opendoor Technologies Inc. (OPENW) Cost of Revenue (2019 - 2026) Analysis & Trends

Opendoor Technologies' Cost of Revenue history runs 8 years deep, the most recent figure standing at $648.0 million for Q1 2026.

  • Quarterly Cost of Revenue fell 38.52% year-over-year to $648.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.6 billion (down 23.2% YoY) and the FY2025 annual result came in at $4.0 billion, down 14.81% from the prior year.
  • Cost of Revenue was $648.0 million for Q1 2026 at Opendoor Technologies, down from $679.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $4.6 billion in Q1 2022 and bottomed at $648.0 million in Q1 2026.
  • A 5-year average of $1.8 billion and a median of $1.3 billion in 2024 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue surged 610.15% — and 2023, when it slumped 76.65%.
  • Opendoor Technologies' Cost of Revenue stood at $2.8 billion in 2022, then tumbled by 71.36% to $798.0 million in 2023, then gained by 25.19% to $999.0 million in 2024, then sank by 32.03% to $679.0 million in 2025, then declined by 4.57% to $648.0 million in 2026.
  • Business Quant data shows OPENW's Cost of Revenue at $648.0 million in Q1 2026, $679.0 million in Q4 2025, and $849.0 million in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 648.00 Mn
Mar 31, 2026 648.00 Mn
Dec 31, 2025 679.00 Mn
Dec 31, 2025 679.00 Mn
Sep 30, 2025 849.00 Mn
Sep 30, 2025 849.00 Mn
Jun 30, 2025 1.44 Bn
Jun 30, 2025 1.44 Bn
Mar 31, 2025 1.05 Bn
Mar 31, 2025 1.05 Bn
Dec 31, 2024 999.00 Mn
Dec 31, 2024 999.00 Mn
Sep 30, 2024 1.27 Bn
Sep 30, 2024 1.27 Bn
Jun 30, 2024 1.38 Bn
Jun 30, 2024 1.38 Bn
Mar 31, 2024 1.07 Bn
Mar 31, 2024 1.07 Bn
Dec 31, 2023 798.00 Mn
Dec 31, 2023 798.00 Mn