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| Date | Value |
|---|---|
| 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 |