Name: OPENZ Income Statement - Opendoor Technologies Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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OPENZ - Opendoor Technologies Inc.

USD | NASDAQ | Real Estate

OPENZ Income Statement - Opendoor Technologies Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20
Revenues
Revenues	720.0	736.0	915.0	1,567.0	1,153.0	1,084.0	1,377.0	1,511.0	1,181.0	870.0	980.0	1,976.0	3,120.0	2,857.0	3,361.0	4,198.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Revenues
Revenues	3,938.0	4,371.0	5,153.0	6,946.0	15,567.0	8,021.0	2,583.0	4,741.0	1,838.1
Cost of Revenue	3,615.0	4,021.0	4,720.0	6,459.0	14,900.0	7,291.0	2,363.0	4,440.0	1,704.6
Gross Profit	323.0	350.0	433.0	487.0	667.0	730.0	220.0	301.0	133.4
Operating Expenses
Research & Development	82.0	79.0	141.0	167.0	169.0	134.0	56.0	51.0	28.5
Selling General & Administrative	-	-	-	-
Operating Income
Operating Income	(390.0)	(287.0)	(320.0)	(386.0)	(931.0)	(568.0)	(186.0)	(248.0)	(163.7)
Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-
Interest Expense	121.0	131.0	133.0	211.0	385.0
Tax & Net
Income Tax Expense	(0.1)	0.0	1.0	1.0	2.0	1.0	0.0	0.0	0.4
Net Income From Continuing Ops	(1,388.0)	(1,300.0)	(392.0)	(275.0)
Per Share
EPS Basic	(1.45)	(1.70)	(0.56)	(0.42)	(2.16)	(1.12)	(2.31)	(4.26)	(3.16)
EPS Diluted	(1.45)	(1.70)	(0.56)	(0.42)	(2.16)
Supplementary Data
EBITDA	(361.0)	(256.0)	(287.0)	(348.0)	(894.0)	(541.0)	(164.0)	(233.0)	(159.1)
EBIT	(390.0)	(287.0)	(320.0)	(386.0)	(931.0)

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Income
Operating Income	(159.0)	(150.0)	(68.0)	(13.0)	(56.0)	(94.0)	(67.0)	(72.0)	(87.0)	(115.0)	(79.0)	(68.0)	(124.0)	(271.0)	(810.0)	32.0	118.0	(102.0)	(69.0)	(152.0)	(245.0)	(66.3)	(44.9)	(38.9)	(36.0)

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0	0.0	-
Interest Expense	23.0	28.0	34.0	36.0	33.0	32.0	34.0	30.0	37.0	37.0	47.0	53.0	74.0	113.0	115.0	89.0	68.0	73.0
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	10.0	14.0	14.0	10.0	4.0	14.0	23.0	12.0	15.0	27.0	20.0	41.0	19.0	10.0	(2.0)	4.0	(22.0)
Pre-Tax Income	(173.0)	(1,097.0)	(89.0)	(29.0)	(85.0)	(113.0)	(78.0)	(91.0)	(109.0)	(91.0)	(106.0)	24.0	(101.0)	(399.0)	(927.0)	(53.0)

Tax & Net
Income Tax Expense	0.1	(1.4)	1.0	0.2	0.2	(0.2)	0.0	1.0	0.2	(0.3)	0.0	1.0	0.3	(0.3)	1.0	1.0	0.3	(0.3)	1.0	0.2	0.1	(0.2)	0.0	0.1	0.1
Net Income From Continuing Ops	(173.0)	(1,096.0)	(90.0)	(29.0)	(85.0)	(113.0)	(78.0)	(92.0)	(109.0)	(91.0)	(106.0)	23.0	(101.0)	(399.0)	(928.0)	(54.0)	28.0
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	(173.0)	(1,096.0)	(90.0)	(29.0)	(85.0)	(113.0)	(78.0)	(92.0)	(109.0)	(91.0)	(106.0)	23.0	(101.0)	(399.0)	(928.0)	(54.0)	28.0
Net Income Attributable To Parent	(173.0)	(1,096.0)	(90.0)	(29.0)	(85.0)	(113.0)	(78.0)	(92.0)	(109.0)	(91.0)	(106.0)	23.0	(101.0)	(399.0)	(928.0)	(54.0)
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	0.0	-	-	-	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Income To Common Shareholders	(173.0)	(1,096.0)	(90.0)	(29.0)	(85.0)	(113.0)	(78.0)	(92.0)	(109.0)	(91.0)	(106.0)	23.0	(101.0)	(399.0)	(928.0)

Per Share
EPS Basic	(0.18)	-	(0.12)	(0.04)	(0.12)	-	(0.11)	(0.13)	(0.16)	-	(0.16)	0.04	(0.16)	-	(1.47)	(0.09)	0.05	-	(0.09)	(0.24)	(0.48)	-	(0.91)	(0.66)	(0.74)
EPS Diluted	(0.18)	-	(0.12)	(0.04)	(0.12)	-	(0.11)	(0.13)	(0.16)	-	(0.16)	0.03	(0.16)	-	(1.47)	(0.09)	0.04	-
Shares Basic	959.3	-	741.9	729.5	723.5	-	705.4	693.4	682.5	-	662.1	646.1	641.9	-	629.5	625.0	619.1	-
Shares Diluted	959.3	-	741.9	729.5	723.5	-	705.4	693.4	682.5	-	662.1	667.2	641.9	-	629.5	625.0	640.8	-

Supplementary Data
EBITDA	(153.0)	(143.0)	(60.0)	(5.0)	(48.0)	(86.0)	(60.0)	(63.0)	(78.0)	(104.0)	(71.0)	(59.0)	(114.0)	(262.0)	(800.0)	41.0	127.0	(94.0)	(62.0)	(146.0)	(239.0)	(61.3)	(38.8)	(33.0)	(31.0)
EBIT	(159.0)	(150.0)	(68.0)	(13.0)	(56.0)	(94.0)	(67.0)	(72.0)	(87.0)	(115.0)	(79.0)	(68.0)	(124.0)	(271.0)	(810.0)	32.0	118.0	(102.0)	(69.0)

Operating Expenses
Research & Development	24.0	18.0	19.0	21.0	21.0	33.0	30.0	37.0	41.0	46.0	42.0	39.0	40.0	48.0	40.0	41.0	40.0	32.0	27.0	24.0	51.0	10.2	13.2	16.8	15.8
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	70.0	60.0	66.0	86.0	98.0	88.0	96.0	116.0	113.0	89.0	85.0	124.0	188.0	194.0	260.0	276.0	276.0
General & Administrative	137.0	129.0	48.0	28.0	33.0	41.0	46.0	48.0	47.0	48.0	48.0	44.0	66.0	23.0	85.0	137.0	101.0
Depreciation & Amortization	6.0	7.0	8.0	8.0	8.0	8.0	7.0	9.0	9.0	11.0	8.0	9.0	10.0	9.0	10.0	9.0
Amortization of Intangibles	0.0	-	-	-	0.0	0.0	1.0	1.0	2.0	2.0	2.0	1.0	2.0	2.0	2.0	3.0	2.0
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	231.0	207.0	134.0	141.0	155.0	179.0	172.0	201.0	201.0	187.0	175.0	217.0	294.0	342.0	385.0	454.0