Opendoor Technologies Income Statement (2018-2025) | OPEN

Income Statement Dec2018 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Revenue & cost
Revenue 1,255.65M1,255.80M739.83M338.61M248.89M747.00M1,186.00M2,266.00M3,822.00M5,151.00M4,198.00M3,361.00M2,857.00M3,120.00M1,976.00M980.00M870.00M1,181.00M1,511.00M1,377.00M1,084.00M1,153.00M1,567.00M915.00M
Cost of Revenue 1,181.69M1,164.75M685.25M302.80M210.20M650.00M1,027.00M2,064.00M3,550.00M4,616.00M3,712.00M3,786.00M2,786.00M2,950.00M1,827.00M884.00M798.00M1,067.00M1,382.00M1,272.00M999.00M1,054.00M1,439.00M849.00M
Gross Profit 73.96M91.05M54.57M35.81M38.37M97.00M159.00M202.00M272.00M535.00M486.00M-425.00M71.00M170.00M149.00M96.00M72.00M114.00M129.00M105.00M85.00M99.00M128.00M66.00M
Operating items
Research & Development 15.79M16.84M13.18M10.19M51.00M24.00M27.00M32.00M40.00M41.00M40.00M48.00M40.00M39.00M42.00M46.00M41.00M37.00M30.00M33.00M21.00M21.00M19.00M
Selling, General & Administrative 29.58M29.32M40.17M32.93M222.00M190.00M91.00M117.00M101.00M137.00M85.00M23.00M66.00M44.00M48.00M48.00M47.00M48.00M46.00M41.00M33.00M28.00M48.00M
Restructuring Costs 17.00M4.00M17.00M3.00M6.00M1.00M
Other Operating Expenses 81.69M47.27M27.34M61.71M69.00M97.00M153.00M225.00M276.00M276.00M260.00M254.00M188.00M134.00M85.00M89.00M113.00M116.00M96.00M88.00M98.00M86.00M66.00M
Operating Expenses 127.06M93.43M80.69M104.83M342.00M311.00M271.00M374.00M417.00M454.00M385.00M342.00M294.00M217.00M175.00M187.00M201.00M201.00M172.00M179.00M155.00M141.00M134.00M
Operating Income 73.96M-36.01M-38.85M-44.88M-66.26M-245.00M-152.00M-69.00M-102.00M118.00M32.00M-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
EBIT 73.96M-36.01M-38.85M-44.88M-66.26M-245.00M-152.00M-69.00M-102.00M118.00M32.00M-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
Non-operating items
Other Non Operating Income 2.67M0.18M0.76M-14.62M1.00M53.00M-16.00M-22.00M4.00M-2.00M-5.00M78.00M104.00M20.00M34.00M15.00M12.00M23.00M14.00M4.00M10.00M14.00M
Non Operating Income 2.67M0.18M0.76M0.38M1.00M53.00M-16.00M-22.00M4.00M-2.00M10.00M19.00M41.00M20.00M27.00M15.00M12.00M23.00M14.00M4.00M10.00M14.00M
Net income details
EBT 73.96M-62.08M-55.84M-80.82M-54.27M-270.00M-144.00M-56.00M-191.00M28.00M-53.00M-927.00M-399.00M-101.00M24.00M-106.00M-91.00M-109.00M-91.00M-78.00M-113.00M-85.00M-29.00M-89.00M
Tax Provisions 0.12M0.10M0.04M-0.23M0.10M0.20M1.00M0.30M1.00M1.00M0.30M1.00M0.20M1.00M0.20M0.20M1.00M
Profit After Tax -91.72M-62.20M-55.92M-80.85M-87.79M-270.00M-144.00M-57.00M-191.00M28.00M-54.00M-928.00M-399.00M-101.00M23.00M-106.00M-91.00M-109.00M-92.00M-78.00M-113.00M-85.00M-29.00M-90.00M
Income from Continuing Operations 73.96M-62.20M-55.94M-80.85M-54.03M-270.10M-144.20M-57.00M-191.00M27.70M-54.00M-928.00M-399.00M-101.30M23.00M-106.00M-91.00M-109.20M-92.00M-78.00M-113.00M-85.20M-29.20M-90.00M
Consolidated Net Income 73.96M-62.20M-55.94M-80.85M-54.03M-270.10M-144.20M-57.00M-191.00M27.70M-54.00M-928.00M-399.00M-101.30M23.00M-106.00M-91.00M-109.20M-92.00M-78.00M-113.00M-85.20M-29.20M-90.00M
Income towards Parent Company 73.96M-62.20M-55.94M-80.85M-54.03M-270.10M-144.20M-57.00M-191.00M27.70M-54.00M-928.00M-399.00M-101.30M23.00M-106.00M-91.00M-109.20M-92.00M-78.00M-113.00M-85.20M-29.20M-90.00M
Net Income towards Common Stockholders 73.96M-62.20M-55.94M-80.85M-54.03M-270.10M-144.20M-57.00M-191.00M27.70M-54.00M-928.00M-399.00M-101.30M23.00M-106.00M-91.00M-109.20M-92.00M-78.00M-113.00M-85.20M-29.20M-90.00M
Additional items
EPS (Basic) -1.10-0.74-0.66-0.91-0.49-0.48-0.24-0.09-0.320.05-0.09-1.47-0.63-0.160.04-0.16-0.14-0.16-0.13-0.11-0.16-0.12-0.04-0.12
EPS (Weighted Average and Diluted) -1.11-0.74-0.66-0.91-0.49-0.48-0.24-0.09-0.320.04-0.09-1.47-0.63-0.160.03-0.16-0.14-0.16-0.13-0.11-0.16-0.12-0.04-0.12
Shares Outstanding (Weighted Average) 37.50M51.75M51.75M51.75M381.05M577.23M577.69M604.64M612.61M620.13M624.75M628.89M634.20M642.56M648.78M659.20M670.03M679.64M691.58M703.00M715.07M723.52M728.90M735.95M
Shares Outstanding (Diluted Average) 78.56M79.98M84.03M84.59M89.07M109.30M565.38M588.37M603.39M592.57M640.78M624.96M629.53M627.11M641.92M667.16M662.15M657.11M682.46M693.45M705.36M699.46M723.54M729.48M741.94M
EBITDA 73.96M-36.01M-38.85M-44.88M-66.26M-245.00M-152.00M-69.00M-102.00M118.00M32.00M-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
Interest Expenses 27.73M17.29M12.38M10.61M11.00M16.00M43.00M73.00M68.00M89.00M115.00M113.00M74.00M53.00M47.00M37.00M37.00M30.00M34.00M32.00M33.00M36.00M34.00M
Tax Rate 0.43%1.07%4.17%