Opendoor Technologies (OPENW) Cost of Revenue (2019 - 2026)
Opendoor Technologies' Cost of Revenue came in at $797 million for Q2 2026, down 44.6% from $1.44 billion a year earlier but up 23.0% from the prior quarter.
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Analysis
Opendoor Technologies (OPENW) Cost of Revenue (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Opendoor Technologies reported Cost of Revenue of $2.97 billion, down 37.6% year-over-year; for FY2025, it came in at $4.02 billion, down 14.8% from FY2024.
- Cost of Revenue has declined in each of the last three years, though with a five-year compound annual growth rate of 11.2% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $4.72 billion in FY2024 (-26.9%), $6.46 billion in FY2023 (-56.7%), $14.9 billion in FY2022 (+104.4%) and $7.29 billion in FY2021 (+208.5%).
- The five-year range for quarterly Cost of Revenue is $648 million (Q1 2026) to $4.62 billion (Q1 2022).
- Year-over-year, Cost of Revenue has declined for four consecutive quarters, with an average decline of 9.6% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q1 2022 (growth of 610.2%), and the weakest in Q3 2023 (a decline of 76.7%).
- Business Quant data shows OPENW's Cost of Revenue at $648 million (Q1 2026), $679 million (Q4 2025) and $849 million (Q3 2025) in the three quarters before Q2 2026.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 984.00 Mn |
| Jun 30, 2026 | 797.00 Mn |
| Mar 31, 2026 | 648.00 Mn |
| Dec 31, 2025 | 679.00 Mn |
| Sep 30, 2025 | 849.00 Mn |
| Jun 30, 2025 | 1.44 Bn |
| Mar 31, 2025 | 1.05 Bn |
| Dec 31, 2024 | 999.00 Mn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 1.38 Bn |
| Mar 31, 2024 | 1.07 Bn |
| Dec 31, 2023 | 798.00 Mn |
| Sep 30, 2023 | 884.00 Mn |
| Jun 30, 2023 | 1.83 Bn |
| Mar 31, 2023 | 2.95 Bn |
| Dec 31, 2022 | 2.79 Bn |
| Sep 30, 2022 | 3.79 Bn |
| Jun 30, 2022 | 3.71 Bn |
| Mar 31, 2022 | 4.62 Bn |
| Dec 31, 2021 | 3.55 Bn |
API Access
Opendoor Technologies Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OPENW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "OPENW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OPENW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();