Offerpad Solutions Inc.
NYSE:OPAD
1.08 (USD) • At close June 5, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 160.698 | 174.272 | 208.067 | 251.122 | 285.358 | 240.458 | 234.228 | 230.147 | 609.579 | 677.214 | 821.732 | 1,079.531 | 1,373.837 | 867.54 | 540.287 | 378.647 | 283.972 | 223.23 | 186.365 | 287.007 | 367.655 |
| Cost of Revenue
| 150.191 | 163.683 | 190.927 | 229.251 | 262.763 | 223.766 | 210.255 | 207.916 | 602.294 | 722.074 | 819.573 | 986.55 | 1,241.695 | 797.248 | 487.165 | 327.783 | 250.435 | 197.975 | 166.6 | 269.146 | 342.757 |
| Gross Profit
| 10.507 | 10.589 | 17.14 | 21.871 | 22.595 | 16.692 | 23.973 | 22.231 | 7.285 | -44.86 | 2.159 | 92.981 | 132.142 | 70.292 | 53.122 | 50.864 | 33.537 | 25.255 | 19.765 | 17.861 | 24.898 |
| Gross Profit Ratio
| 0.065 | 0.061 | 0.082 | 0.087 | 0.079 | 0.069 | 0.102 | 0.097 | 0.012 | -0.066 | 0.003 | 0.086 | 0.096 | 0.081 | 0.098 | 0.134 | 0.118 | 0.113 | 0.106 | 0.062 | 0.068 |
| Reseach & Development Expenses
| 1.02 | 0.84 | 0.947 | 0.964 | 1.773 | 1.236 | 2.156 | 2.312 | 2.241 | 2.978 | 2.687 | 3.243 | 3.182 | 3.197 | 2.777 | 2.603 | 2.283 | 1.816 | 1.633 | 1.692 | 2.129 |
| General & Administrative Expenses
| 7.196 | 9.874 | 8.254 | 10.538 | 11.955 | 8.775 | 14.124 | 12.713 | 14.479 | 13.3 | 14.64 | 16.121 | 14.657 | 12.286 | 8.16 | 5.137 | 4.734 | 5.277 | 3.981 | 3.862 | 4.361 |
| Selling & Marketing Expenses
| 13.828 | 13.545 | 16.864 | 20.23 | 22.452 | 17.932 | 27.235 | 29.04 | 42.351 | 48.761 | 55.043 | 65.239 | 69.888 | 51.474 | 38.727 | 31.595 | 25.076 | 17.738 | 16.072 | 0.8 | 3.9 |
| SG&A
| 21.024 | 23.419 | 25.118 | 30.768 | 34.407 | 26.707 | 41.359 | 41.753 | 56.83 | 62.061 | 69.683 | 81.36 | 84.545 | 63.76 | 46.887 | 36.732 | 29.81 | 23.015 | 20.053 | 21.409 | 29.79 |
| Other Expenses
| 0 | 0 | 0 | 0.615 | 0.754 | 1.065 | 3.837 | 0.965 | 0.282 | 0.861 | 0.643 | 0.024 | 0.004 | 0 | 0 | 0.007 | 0.241 | 0.047 | 0.289 | 0 | 0 |
| Operating Expenses
| 22.044 | 24.259 | 26.065 | 31.732 | 36.18 | 27.943 | 43.515 | 44.065 | 59.071 | 65.039 | 72.37 | 84.603 | 87.727 | 66.957 | 49.664 | 39.335 | 32.093 | 24.831 | 21.686 | 22.833 | 31.689 |
| Operating Income
| -11.537 | -13.67 | -8.925 | -9.861 | -13.585 | -11.251 | -19.542 | -21.834 | -51.786 | -109.899 | -70.211 | 8.378 | 44.415 | 3.335 | 3.458 | 11.529 | 1.444 | 0.424 | -1.921 | -5.24 | -7.021 |
| Operating Income Ratio
| -0.072 | -0.078 | -0.043 | -0.039 | -0.048 | -0.047 | -0.083 | -0.095 | -0.085 | -0.162 | -0.085 | 0.008 | 0.032 | 0.004 | 0.006 | 0.03 | 0.005 | 0.002 | -0.01 | -0.018 | -0.019 |
| Total Other Income Expenses Net
| -3.483 | -3.717 | -4.588 | -3.975 | -3.807 | -4.198 | -0.438 | -0.467 | -7.539 | -10.914 | -13.285 | 4.79 | -1.528 | 9.471 | -18.68 | -2.25 | -1.677 | -1.58 | -1.023 | -2.15 | -4.444 |
| Income Before Tax
| -15.02 | -17.387 | -13.513 | -13.836 | -17.392 | -15.449 | -19.98 | -22.301 | -59.325 | -120.813 | -83.496 | 13.168 | 42.887 | 12.806 | -15.222 | 9.279 | -0.233 | -1.156 | -2.944 | -7.39 | -11.465 |
| Income Before Tax Ratio
| -0.093 | -0.1 | -0.065 | -0.055 | -0.061 | -0.064 | -0.085 | -0.097 | -0.097 | -0.178 | -0.102 | 0.012 | 0.031 | 0.015 | -0.028 | 0.025 | -0.001 | -0.005 | -0.016 | -0.026 | -0.031 |
| Income Tax Expense
| -0.037 | -0.062 | 0.024 | -0.054 | 0.123 | -0.008 | 0.006 | 0.043 | 0.122 | 0.324 | -3.474 | 1.61 | 1.899 | 6.178 | 0.081 | 0.089 | 2.159 | 0.163 | 1.312 | 0 | 0 |
| Net Income
| -15.057 | -17.325 | -13.537 | -13.782 | -17.515 | -15.441 | -19.986 | -22.344 | -59.447 | -121.137 | -80.022 | 11.558 | 40.988 | 12.806 | -15.303 | 9.19 | -0.233 | -1.319 | -2.944 | -7.39 | -11.465 |
| Net Income Ratio
| -0.094 | -0.099 | -0.065 | -0.055 | -0.061 | -0.064 | -0.085 | -0.097 | -0.098 | -0.179 | -0.097 | 0.011 | 0.03 | 0.015 | -0.028 | 0.024 | -0.001 | -0.006 | -0.016 | -0.026 | -0.031 |
| EPS
| -0.55 | -0.63 | -0.49 | -0.5 | -0.64 | -0.57 | -0.73 | -0.82 | -2.51 | -7.35 | -4.86 | 0.66 | 2.4 | 0.75 | -1.98 | 2.25 | -0.06 | -0.39 | -0.88 | -14.43 | -22.39 |
| EPS Diluted
| -0.55 | -0.63 | -0.49 | -0.5 | -0.64 | -0.57 | -0.73 | -0.82 | -2.51 | -7.35 | -4.86 | 0.66 | 2.37 | 0.75 | -1.98 | 0.6 | -0.06 | -0.39 | -0.88 | -14.43 | -22.39 |
| EBITDA
| -11.537 | -13.156 | -8.249 | -9.107 | -12.321 | -10.123 | -15.398 | -20.256 | -51.691 | -105.42 | -67.092 | 21.069 | 50.202 | 19.074 | -9.627 | 11.683 | 1.815 | 0.597 | -1.817 | -5.138 | -6.919 |
| EBITDA Ratio
| -0.072 | -0.075 | -0.04 | -0.036 | -0.043 | -0.042 | -0.066 | -0.088 | -0.085 | -0.156 | -0.082 | 0.02 | 0.037 | 0.022 | -0.018 | 0.031 | 0.006 | 0.003 | -0.01 | -0.018 | -0.019 |