Offerpad Solutions Inc. Income Statement
OPAD|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
Offerpad Solutions Inc. reported $568M in revenue and $46M in net loss for FY2025. Revenue has declined at a 14.8% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.56 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $567.8M | $918.8M | $1.3B | $1.1B | $1.1B |
| Cost of Revenue | $525.8M | $846.6M | $1.2B | $976.5M | $1.0B |
| Gross Profit | $42.0M | $72.2M | $70.2M | $87.8M | $74.4M |
| SG&A Expense | $26.2M | $40.6M | $50.1M | $17.5M | $15.1M |
| R&D Expense | $3.4M | $4.5M | $7.9M | $7.3M | $7.5M |
| Operating Income | -$33.4M | -$46.0M | -$104.4M | -$13.8M | -$33.4M |
| Interest Expense | - | - | $18.9M | $10.0M | $18.3M |
| Income Tax | $441.0K | $31.0K | $163.0K | $163.0K | $254.0K |
| Net Income | -$46.4M | -$62.2M | -$117.2M | -$23.1M | -$52.0M |
| EPS (Basic) | -$4.44 | -$9.09 | $0.82 | -$0.40 | -$0.90 |
| EPS (Diluted) | -$4.44 | -$9.09 | $0.68 | -$0.40 | -$0.90 |
| Shares Outstanding | 26.4M | 16.3M | 9.5M | 57.9M | 57.8M |
| Gross Margin | 7.4% | 7.9% | 5.3% | 8.3% | 6.9% |
| Operating Margin | -5.9% | -5.0% | -7.9% | -1.3% | -3.1% |
| Profit Margin | -8.2% | -6.8% | -8.9% | -2.2% | -4.8% |