Opendoor Technologies reported revenue of $883.00M and net income of -$162.00M for the quarter ended Jun 2026, down 43.7% year over year. This income statement covers 27 quarters of results from Dec 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||
| Revenue | 2,266.00M | 3,822.00M | 5,151.00M | 4,198.00M | 3,361.00M | 2,857.00M | 3,120.00M | 1,976.00M | 980.00M | 870.00M | 1,181.00M | 1,511.00M | 1,377.00M | 1,084.00M | 1,153.00M | 1,567.00M | 915.00M | 736.00M | 720.00M | 883.00M | |||||||
| Cost of RevenueCost of Rev | 2,064.00M | 3,550.00M | 4,616.00M | 3,712.00M | 3,786.00M | 2,786.00M | 2,950.00M | 1,827.00M | 884.00M | 798.00M | 1,067.00M | 1,382.00M | 1,272.00M | 999.00M | 1,054.00M | 1,439.00M | 849.00M | 679.00M | 648.00M | 797.00M | |||||||
| Gross Profit | 202.00M | 272.00M | 535.00M | 486.00M | -425.00M | 71.00M | 170.00M | 149.00M | 96.00M | 72.00M | 114.00M | 129.00M | 105.00M | 85.00M | 99.00M | 128.00M | 66.00M | 57.00M | 72.00M | 86.00M | |||||||
| Operating items | |||||||||||||||||||||||||||
| Research & DevelopmentR&D | 153.00M | 225.00M | 276.00M | 276.00M | 260.00M | 194.00M | 188.00M | 124.00M | 85.00M | 89.00M | 113.00M | 116.00M | 96.00M | 88.00M | 98.00M | 86.00M | 66.00M | 60.00M | 70.00M | 65.00M | |||||||
| Selling, General & AdministrativeSG&A | 91.00M | 117.00M | 101.00M | 137.00M | 85.00M | 23.00M | 66.00M | 44.00M | 48.00M | 48.00M | 47.00M | 48.00M | 46.00M | 41.00M | 33.00M | 28.00M | 48.00M | 129.00M | 137.00M | 135.00M | |||||||
| Restructuring CostsRestructuring | 17.00M | 10.00M | 4.00M | 17.00M | 3.00M | 6.00M | 1.00M | 3.00M | |||||||||||||||||||
| Other Operating ExpensesOther Opex | 27.00M | 32.00M | 40.00M | 41.00M | 40.00M | 108.00M | 40.00M | 39.00M | 42.00M | 46.00M | 41.00M | 37.00M | 30.00M | 33.00M | 21.00M | 21.00M | 19.00M | 18.00M | 24.00M | 27.00M | |||||||
| Operating ExpensesOpex | 271.00M | 374.00M | 417.00M | 454.00M | 385.00M | 342.00M | 294.00M | 217.00M | 175.00M | 187.00M | 201.00M | 201.00M | 172.00M | 179.00M | 155.00M | 141.00M | 134.00M | 207.00M | 231.00M | 230.00M | |||||||
| Operating IncomeOp. Inc | -69.00M | -102.00M | 118.00M | 32.00M | -810.00M | -271.00M | -124.00M | -68.00M | -79.00M | -115.00M | -87.00M | -72.00M | -67.00M | -94.00M | -56.00M | -13.00M | -68.00M | -150.00M | -159.00M | -144.00M | |||||||
| EBIT | -69.00M | -102.00M | 118.00M | 32.00M | -810.00M | -271.00M | -124.00M | -68.00M | -79.00M | -115.00M | -87.00M | -72.00M | -67.00M | -94.00M | -56.00M | -13.00M | -68.00M | -150.00M | -159.00M | -144.00M | |||||||
| Non-operating items | |||||||||||||||||||||||||||
| Non Operating Interest Expenses | 43.00M | 73.00M | 68.00M | 89.00M | 115.00M | 113.00M | 74.00M | 53.00M | 47.00M | 37.00M | 37.00M | 30.00M | 34.00M | 32.00M | 33.00M | 36.00M | 34.00M | 28.00M | 23.00M | 29.00M | |||||||
| Interest & Investment IncomeInt & Inv Inc | |||||||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 53.00M | -16.00M | -22.00M | 4.00M | -2.00M | -5.00M | 84.00M | 104.00M | 20.00M | 34.00M | 15.00M | 12.00M | 23.00M | 14.00M | 4.00M | 10.00M | 14.00M | -952.00M | 10.00M | 11.00M | |||||||
| Net income details | |||||||||||||||||||||||||||
| EBT | -56.00M | -191.00M | 28.00M | -53.00M | -927.00M | -399.00M | -101.00M | 24.00M | -106.00M | -91.00M | -109.00M | -91.00M | -78.00M | -113.00M | -85.00M | -29.00M | -89.00M | -1097.00M | -173.00M | -162.00M | |||||||
| Tax ProvisionsTaxes | 1.00M | 0.30M | 1.00M | 1.00M | 0.30M | 1.00M | 0.20M | 1.00M | 0.20M | 0.20M | 1.00M | -1.00M | 0.10M | 0.10M | |||||||||||||
| Profit After TaxPAT | -57.00M | -191.00M | 28.00M | -54.00M | -928.00M | -399.00M | -101.00M | 23.00M | -106.00M | -91.00M | -109.00M | -92.00M | -78.00M | -113.00M | -85.00M | -29.00M | -90.00M | -1096.00M | -173.00M | -162.00M | |||||||
| Income from Continuing OperationsIncome (Continuing) | -57.00M | -191.00M | 27.70M | -54.00M | -928.00M | -399.00M | -101.30M | 23.00M | -106.00M | -91.00M | -109.20M | -92.00M | -78.00M | -113.00M | -85.20M | -29.20M | -90.00M | -1096.00M | -173.10M | -162.10M | |||||||
| Consolidated Net IncomeConsol Net Inc. | -57.00M | -191.00M | 27.70M | -54.00M | -928.00M | -399.00M | -101.30M | 23.00M | -106.00M | -91.00M | -109.20M | -92.00M | -78.00M | -113.00M | -85.20M | -29.20M | -90.00M | -1096.00M | -173.10M | -162.10M | |||||||
| Income towards Parent CompanyParent Net Inc | -57.00M | -191.00M | 27.70M | -54.00M | -928.00M | -399.00M | -101.30M | 23.00M | -106.00M | -91.00M | -109.20M | -92.00M | -78.00M | -113.00M | -85.20M | -29.20M | -90.00M | -1096.00M | -173.10M | -162.10M | |||||||
| Net Income towards Common StockholdersNet Income | -57.00M | -191.00M | 27.70M | -54.00M | -928.00M | -399.00M | -101.30M | 23.00M | -106.00M | -91.00M | -109.20M | -92.00M | -78.00M | -113.00M | -85.20M | -29.20M | -90.00M | -1096.00M | -173.10M | -162.10M | |||||||
| Additional items | |||||||||||||||||||||||||||
| EPS (Basic) | -0.09 | -0.32 | 0.04 | -0.09 | -1.47 | -0.64 | -0.16 | 0.04 | -0.16 | -0.14 | -0.16 | -0.13 | -0.11 | -0.16 | -0.12 | -0.04 | -0.12 | -1.43 | -0.18 | -0.17 | |||||||
| EPS (Diluted) | -0.09 | -0.32 | 0.04 | -0.09 | -1.47 | -0.64 | -0.16 | 0.03 | -0.16 | -0.14 | -0.16 | -0.13 | -0.11 | -0.16 | -0.12 | -0.04 | -0.12 | -1.43 | -0.18 | -0.17 | |||||||
| Shares Outstanding | 603.39M | 592.57M | 619.14M | 624.96M | 629.53M | 627.11M | 641.92M | 646.06M | 662.15M | 657.11M | 682.46M | 693.45M | 705.36M | 699.46M | 723.54M | 729.48M | 741.94M | 766.53M | 959.33M | 965.78M | |||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 603.39M | 592.57M | 640.78M | 624.96M | 629.53M | 627.11M | 641.92M | 667.16M | 662.15M | 657.11M | 682.46M | 693.45M | 705.36M | 699.46M | 723.54M | 729.48M | 741.94M | 766.53M | 959.33M | 965.78M | |||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 607.22M | 616.03M | 622.92M | 627.03M | 632.51M | 637.39M | 647.61M | 657.34M | 668.59M | 677.64M | 688.56M | 698.84M | 711.66M | 719.99M | 726.84M | 733.59M | 771.53M | 766.53M | 963.28M | 968.63M | |||||||
| EBITDA | -69.00M | -102.00M | 118.00M | 32.00M | -810.00M | -271.00M | -124.00M | -68.00M | -79.00M | -115.00M | -87.00M | -72.00M | -67.00M | -94.00M | -56.00M | -13.00M | -68.00M | -150.00M | -159.00M | -144.00M | |||||||
| Interest ExpensesInt Expense | 43.00M | 73.00M | 68.00M | 89.00M | 115.00M | 113.00M | 74.00M | 53.00M | 47.00M | 37.00M | 37.00M | 30.00M | 34.00M | 32.00M | 33.00M | 36.00M | 34.00M | 28.00M | 23.00M | 29.00M | |||||||
| Tax Rate | -1.79% | 1.07% | -1.89% | -0.11% | -0.30% | 4.17% | -0.18% | -1.10% | -0.24% | -0.69% | -1.12% | 0.09% | -0.06% | -0.06% |