OPEN: financial statements from SEC — TradeAlmanac

OPEN

Opendoor Technologies Inc: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	4.37bn	5.15bn
Cost of revenue	4.02bn	4.72bn
Gross profit	350m	433m
Research and development	79m	141m
Selling, general and administrative	238m	182m
Operating expenses	637m	753m
Operating income	−287m	−320m
Pre-tax income	−1.30bn	−391m
Income tax	0	1m
Net income	−1.30bn	−392m
Earnings per share	−1.70	−0.56
Earnings per share, diluted	−1.70	−0.56
Weighted average shares	767m	699m
Weighted average shares, diluted	767m	699m

Balance sheet

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	999m	962m	962m	789m	559m	671m	829m	790m
Short-term investments	—	0

Cash flow

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	1.05bn	−595m
Depreciation and amortisation	44m	48m
Share-based compensation	159m	114m
Capital expenditure	12m	25m
Investing cash flow	−12m	28m
Financing cash flow	−499m

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)