Company / SG&A Expense
Opendoor Technologies Inc. SG&A Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$238.0M
FY2025
5-year range
$114.0M / $238.0M
FY2021-FY2025
Trend
+30.8%
vs FY2024
Sector context
#20 of 131
Real Estate
What the data says
Opendoor Technologies Inc.'s sg&a expense of $238M is higher than 85% of companies in the Real Estate sector (FY2025). SG&A Expense has fluctuated over the past 8 years, ranging from $72M in FY2018 to $238M in FY2025.
Based on SEC 10-K filings.
$238M in FY2025 with a 5-year CAGR of +12.5%. Top quartile in the Real Estate sector.
Increased from $206M to $238M over the past 2 years.
Real Estate sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +21.7%
- 5-Year CAGR
- +12.5%
- 10-Year CAGR
- -
Sector benchmark
+49.2% above sector average
Key checks
Key Insights
- 5-year CAGR of +12.5%, indicating consistent growth.
- In FY2025, sg&a expense increased 30.8% year-over-year.
- Ranks #20 out of 131 companies in the Real Estate sector.
- Lowest sg&a expense in the period was in FY2018.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $238.0M | +30.8% |
| FY2024 | $182.0M | -11.7% |
| FY2023 | $206.0M | +56.1% |
| FY2022 | $132.0M | +15.8% |
| FY2021 | $114.0M | -13.6% |
| FY2020 | $132.0M | +15.8% |
| FY2019 | $114.0M | +57.6% |
| FY2018 | $72.3M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026