Company / Cost of Revenue
Opendoor Technologies Inc. Cost of Revenue History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$4.0B
FY2025
5-year range
$2.4B / $6.5B
FY2021-FY2025
Trend
-14.8%
vs FY2024
Sector context
#5 of 32
Real Estate
What the data says
Opendoor Technologies Inc.'s cost of revenue of $4.0B is higher than 84% of companies in the Real Estate sector (FY2025). Cost of Revenue has fluctuated over the past 8 years, ranging from $1.7B in FY2018 to $6.5B in FY2023.
Based on SEC 10-K filings.
$4.0B in FY2025 with a 5-year CAGR of +11.2%. Top quartile in the Real Estate sector.
Improved from $6.5B to $4.0B over the past 2 years.
Real Estate sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +19.4%
- 5-Year CAGR
- +11.2%
- 10-Year CAGR
- -
Sector benchmark
+81.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +11.2%, indicating consistent growth.
- In FY2025, cost of revenue decreased 14.8% year-over-year.
- Ranks #5 out of 32 companies in the Real Estate sector.
- Peak cost of revenue was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.56 (distress zone, below 1.8 threshold)
- Negative profit margin: -7.6%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.0B | -14.8% |
| FY2024 | $4.7B | -26.9% |
| FY2023 | $6.5B | +173.3% |
| FY2022 | $2.4B | -46.8% |
| FY2021 | $4.4B | +87.9% |
| FY2020 | $2.4B | -46.8% |
| FY2019 | $4.4B | +160.5% |
| FY2018 | $1.7B | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026