Opendoor Technologies (OPENZ) Operating Expenses (2020 - 2026)
Opendoor Technologies (OPENZ) recorded Operating Expenses of $230 million in Q2 2026, up 63.1% from $141 million a year earlier but down 0.4% from the prior quarter.
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Analysis
Opendoor Technologies (OPENZ) Operating Expenses (2020 - 2026) Analysis & Trends
On a TTM basis, Opendoor Technologies' Operating Expenses came in at $802 million as of Jun 30, 2026, up 24.0% year-over-year; for FY2025, it was $637 million, down 15.4% from FY2024.
- Annual Operating Expenses has declined for three straight years, though with a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $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 ranged from $134 million in Q3 2025 to $454 million in Q2 2022 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for three consecutive quarters, with growth averaging 5.9% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 256.8% in Q4 2021, against a decline of 54.5% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $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=OPENZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "OPENZ", "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=OPENZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();