Opendoor Technologies (OPENZ) Gross Margin (2019 - 2026)
Opendoor Technologies (OPENZ) 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 (OPENZ) 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.
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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| Date | Value |
|---|---|
| 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% |