Opendoor Technologies (OPENW) Gross Margin (2019 - 2026)

Opendoor Technologies (OPENW) reported Gross Margin of 10.0% for Q1 2026, up 141.0% on a YoY basis from 4.15% in Q1 2025, and up 29.12% quarter-over-quarter from 7.74% in Q4 2025.

Opendoor Technologies (OPENW) Gross Margin (2019 - 2026) Analysis & Trends

Opendoor Technologies has reported Gross Margin for 8 years, with the latest figure at 10.0% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 141.0% year-over-year to 10.0%; the trailing twelve-month figure through Mar 2026 stood at 8.2% (up 5.0% YoY), and the FY2025 full-year result was 8.01%, down 40.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 10.0%, up from 7.74% in the prior quarter.
  • The five-year high for Gross Margin was 11.58% in Q2 2022, with the low at 12.65% in Q3 2022.
  • Historically, Gross Margin has averaged 6.95% across 5 years, with a median of 8.17% in 2025.
  • Annual changes were most pronounced in 2022 — Gross Margin slumped 2156 bps — and 2023, when it soared 2244 bps.
  • Opendoor Technologies' Gross Margin stood at 2.49% in 2022, then soared by 233 bps to 8.28% in 2023, then dropped by 5 bps to 7.84% in 2024, then dropped by 1 bps to 7.74% in 2025, then gained by 29 bps to 10.0% in 2026.
  • The last three Gross Margin figures came in at 10.0% (Q1 2026), 7.74% (Q4 2025), and 7.21% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 IHS Holding 45.03 Bn 44.04 Bn 231.80 55.80%
2 Cbre 38.54 Bn 37.33 Bn 1.85 Bn 17.59%
3 Costar 14.00 Bn 12.72 Bn 701.00 Mn 78.15%
4 Jones Lang Lasalle 13.85 Bn 13.53 Bn - -
5 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn 24.14%
6 Compass 5.66 Bn 5.19 Bn 2.31 Bn 85.28%
7 Opendoor Technologies 4.24 Bn 4.17 Bn 72.00 Mn 10.00%
8 Cushman & Wakefield 3.11 Bn 2.51 Bn 420.70 Mn 16.59%
9 Newmark 2.67 Bn 2.62 Bn - -
10 Opendoor Technologies - - 72.00 Mn 10.00%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.00%
Dec 31, 2025 7.74%
Sep 30, 2025 7.21%
Jun 30, 2025 8.17%
Mar 31, 2025 8.59%
Dec 31, 2024 7.84%
Sep 30, 2024 7.63%
Jun 30, 2024 8.54%
Mar 31, 2024 9.65%
Dec 31, 2023 8.28%
Sep 30, 2023 9.80%
Jun 30, 2023 7.54%
Mar 31, 2023 5.45%
Dec 31, 2022 2.49%
Sep 30, 2022 -12.65%
Jun 30, 2022 11.58%
Mar 31, 2022 10.39%
Dec 31, 2021 7.12%
Sep 30, 2021 8.91%
Jun 30, 2021 13.41%