Opendoor Technologies (OPENW) Operating Expenses (2020 - 2026)
Opendoor Technologies' Operating Expenses was $230 million in Q2 2026, up 63.1% from $141 million a year earlier but down 0.4% from the prior quarter.
Powered by 
Analysis
Opendoor Technologies (OPENW) Operating Expenses (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Opendoor Technologies' Operating Expenses was $802 million through Jun 30, 2026, up 24.0% year-over-year; for FY2025, it was $637 million, down 15.4% from FY2024.
- Operating Expenses has now declined for three consecutive years, though with a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $753 million in FY2024 (-13.7%), $873 million in FY2023 (-45.4%), $1.6 billion in FY2022 (+23.1%) and $1.3 billion in FY2021 (+219.7%).
- Quarterly Operating Expenses has moved between $134 million (Q3 2025) and $454 million (Q2 2022) over five years.
- Compared with a year earlier, Operating Expenses has increased for three straight quarters, with growth averaging 5.9% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2021 (growth of 256.8%); the worst was Q3 2023 (a decline of 54.5%).
- Per Business Quant data, OPENW's Operating Expenses in the three quarters before Q2 2026 was $231 million (Q1 2026), $207 million (Q4 2025) and $134 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 230.00 Mn |
| Mar 31, 2026 | 231.00 Mn |
| Dec 31, 2025 | 207.00 Mn |
| Sep 30, 2025 | 134.00 Mn |
| Jun 30, 2025 | 141.00 Mn |
| Mar 31, 2025 | 155.00 Mn |
| Dec 31, 2024 | 179.00 Mn |
| Sep 30, 2024 | 172.00 Mn |
| Jun 30, 2024 | 201.00 Mn |
| Mar 31, 2024 | 201.00 Mn |
| Dec 31, 2023 | 187.00 Mn |
| Sep 30, 2023 | 175.00 Mn |
| Jun 30, 2023 | 217.00 Mn |
| Mar 31, 2023 | 294.00 Mn |
| Dec 31, 2022 | 342.00 Mn |
| Sep 30, 2022 | 385.00 Mn |
| Jun 30, 2022 | 454.00 Mn |
| Mar 31, 2022 | 417.00 Mn |
| Dec 31, 2021 | 374.00 Mn |
| Sep 30, 2021 | 271.00 Mn |
API Access
Opendoor Technologies Operating Expenses 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=operating-expenses&ticker=OPENW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=OPENW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();