Opendoor Technologies Inc. Income Statement
OPEN / Real Estate|8 years of annual SEC 10-K data (FY2018-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
Opendoor Technologies Inc. reported $4.4B in revenue and $1.3B in net loss for FY2025. Revenue has grown at a 13.2% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.4B | $5.2B | $6.9B | $15.6B | $8.0B | $2.6B | $4.7B | $1.8B |
| Cost of Revenue | $4.0B | $4.7B | $6.5B | $14.9B | $7.3B | $2.4B | $4.4B | $1.7B |
| Gross Profit | $350.0M | $433.0M | $487.0M | $667.0M | $730.0M | $220.0M | $301.0M | $133.4M |
| SG&A Expense | $238.0M | $182.0M | $206.0M | $346.0M | $620.0M | $132.0M | $114.0M | $72.3M |
| R&D Expense | $79.0M | $141.0M | $167.0M | $169.0M | $134.0M | $56.0M | $51.0M | $28.5M |
| Operating Income | -$287.0M | -$320.0M | -$386.0M | -$931.0M | -$568.0M | -$186.0M | -$248.0M | -$163.7M |
| Interest Expense | - | - | $211.0M | $385.0M | $143.0M | $68.0M | $110.0M | $60.5M |
| Income Tax | $0 | $1.0M | $1.0M | $2.0M | $1.0M | $0 | $0 | $377.0K |
| Net Income | -$1.3B | -$392.0M | -$275.0M | -$1.4B | -$662.0M | -$253.0M | -$341.0M | -$241.3M |
| EPS (Basic) | -$1.70 | -$0.56 | -$0.42 | -$2.16 | -$1.12 | -$3.16 | -$4.26 | -$3.16 |
| EPS (Diluted) | -$1.70 | -$0.56 | -$0.42 | -$2.16 | -$1.12 | -$3.16 | -$4.37 | -$3.16 |
| Shares Outstanding | 957.2M | 720.0M | 677.6M | 637.4M | 616.0M | 83.7M | 80.0M | 78.6M |
| Gross Margin | 8.0% | 8.4% | 7.0% | 4.3% | 9.1% | 8.5% | 6.3% | 7.3% |
| Operating Margin | -6.6% | -6.2% | -5.6% | -6.0% | -7.1% | -7.2% | -5.2% | -8.9% |
| Profit Margin | -29.7% | -7.6% | -4.0% | -8.7% | -8.3% | -9.8% | -7.2% | -13.1% |