The financials
Opendoor Technologies Inc. by the numbers
Opendoor Technologies Inc. (OPEN) reported revenue of $720M in Q1 2026 (quarter ended March 31, 2026), down 38% from the same quarter a year earlier. That came with a gross margin of 10% and net loss of $173M. For the full year FY2025, revenue was $4.37B (−15% year on year) and net income −$1.30B.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $720M | $1.15B | −38% |
| Gross profit | $72M | $99M | −27% |
| Operating income | −$159M | −$56M | n/a |
| Net income | −$173M | −$85M | n/a |
| Diluted EPS | −$0.18 | −$0.12 | n/a |
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