← Opendoor Technologies Inc.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
REVENUE $1.8b $4.7b $2.6b $8.0b $15.6b $6.9b $5.2b $4.4b
COST OF REVENUE $1.7b $4.4b $2.4b $7.3b $14.9b $6.5b $4.7b $4.0b
GROSS PROFIT $133.4m $301.2m $219.8m $730.0m $667.0m $487.0m $433.0m $350.0m
Total operating expenses $297.1m $549.1m $405.7m $1.3b $1.6b $873.0m $753.0m $637.0m
Sales, marketing and operations $196.3m $384.4m $194.7m $544.0m $1.0b $486.0m $413.0m $310.0m
General and administrative $72.3m $113.4m $152.8m $620.0m $346.0m $206.0m $182.0m $238.0m
Technology and development $28.5m $51.2m $58.2m $134.0m $169.0m $167.0m $141.0m $79.0m
Restructuring — — $29.0m $0 $17.0m $14.0m $17.0m $10.0m
LOSS FROM OPERATIONS ($163.7m) ($247.8m) ($185.9m) ($568.0m) ($931.0m) ($386.0m) ($320.0m) ($287.0m)
(LOSS) GAIN ON EXTINGUISHMENT OF DEBT $0 $0 ($11.4m) $0 ($25.0m) $216.0m ($2.0m) ($924.0m)
OTHER INCOME – Net $2.6m $12.4m $4.3m $38.0m ($10.0m) $107.0m $64.0m $42.0m
LOSS BEFORE INCOME TAXES ($239.6m) ($338.9m) ($286.7m) ($661.0m) ($1.4b) ($274.0m) ($391.0m) ($1.3b)
Net loss ($241.3m) ($341.0m) ($286.8m) ($662.0m) ($1.4b) ($275.0m) ($392.0m) ($1.3b)
Basic (in dollars per share) ($3.07) ($4.26) ($2.62) ($1.12) ($2.16) ($0.42) ($0.56) ($1.70)
Diluted (in dollars per share) ($3.07) ($4.26) ($2.62) ($1.12) ($2.16) ($0.42) ($0.56) ($1.70)
INTEREST EXPENSE ($60.5m) ($109.7m) ($67.8m) ($143.0m) ($385.0m) ($211.0m) ($133.0m) ($131.0m)
INCOME TAX EXPENSE ($377k) ($252k) ($63k) ($1.0m) ($2.0m) ($1.0m) ($1.0m) $0

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.