Opendoor Technologies Inc.
NASDAQ:OPEN
2.27 (USD) • At close September 13, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 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 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 1,511 | 1,181 | 870 | 980 | 1,976 | 3,120 | 2,857 | 3,361 | 4,198 | 5,151 | 3,822 | 2,266.354 | 1,185.386 | 747.274 | 248.886 | 338.613 | 739.827 | 1,255.795 | 1,255.654 | 1,210.645 | 1,137.142 | 1,137.142 |
| Cost of Revenue
| 1,382 | 1,067 | 798 | 884 | 1,827 | 2,950 | 2,786 | 3,786 | 3,712 | 4,616 | 3,550 | 2,063.865 | 1,026.615 | 650.142 | 210.521 | 302.802 | 685.253 | 1,164.748 | 1,181.693 | 1,133.485 | 1,062.078 | 1,062.078 |
| Gross Profit
| 129 | 114 | 72 | 96 | 149 | 170 | 71 | -425 | 486 | 535 | 272 | 202.489 | 158.771 | 97.132 | 38.365 | 35.811 | 54.574 | 91.047 | 73.961 | 77.16 | 75.065 | 75.065 |
| Gross Profit Ratio
| 0.085 | 0.097 | 0.083 | 0.098 | 0.075 | 0.054 | 0.025 | -0.126 | 0.116 | 0.104 | 0.071 | 0.089 | 0.134 | 0.13 | 0.154 | 0.106 | 0.074 | 0.073 | 0.059 | 0.064 | 0.066 | 0.066 |
| Reseach & Development Expenses
| 37 | 41 | 46 | 42 | 39 | 40 | 48 | 40 | 41 | 40 | 32 | 27.295 | 24.388 | 50.677 | 12.363 | 13.184 | 16.838 | 15.787 | 14.007 | 14.074 | 11.571 | 11.571 |
| General & Administrative Expenses
| 48 | 47 | 48 | 48 | 44 | 66 | 23 | 85 | 137 | 101 | 117 | 90.105 | 190.611 | 222.084 | 53.695 | 40.168 | 29.323 | 29.583 | 32.665 | 30.083 | 25.349 | 25.349 |
| Selling & Marketing Expenses
| 116 | 113 | 89 | 85 | 124 | 188 | 194 | 260 | 276 | 276 | 225 | 153.496 | 96.525 | 69.066 | 38.431 | 27.336 | 47.265 | 81.689 | 75.2 | 98.381 | 96.497 | 96.497 |
| SG&A
| 164 | 160 | 137 | 133 | 168 | 254 | 217 | 345 | 413 | 377 | 342 | 243.601 | 287.136 | 291.15 | 92.126 | 67.504 | 76.588 | 111.272 | 125.706 | 128.464 | 121.846 | 121.846 |
| Other Expenses
| 12 | -201 | -183 | 20 | 41 | 19 | 10 | -2 | 4 | -22 | -16 | 51.965 | 1.012 | 0.624 | 0.652 | 0.764 | 0.18 | 2.675 | 0 | 0 | 0 | 0 |
| Operating Expenses
| 201 | 201 | 183 | 175 | 207 | 294 | 265 | 385 | 454 | 417 | 374 | 270.896 | 311.524 | 341.827 | 104.489 | 80.688 | 93.426 | 127.059 | 140.114 | 140.549 | 131.089 | 131.089 |
| Operating Income
| -72 | -87 | -111 | -79 | -68 | -124 | -194 | -810 | 32 | 118 | -102 | -68.407 | -152.753 | -244.695 | -66.124 | -44.877 | -38.852 | -36.012 | -65.752 | -65.378 | -58.352 | -58.352 |
| Operating Income Ratio
| -0.048 | -0.074 | -0.128 | -0.081 | -0.034 | -0.04 | -0.068 | -0.241 | 0.008 | 0.023 | -0.027 | -0.03 | -0.129 | -0.327 | -0.266 | -0.133 | -0.053 | -0.029 | -0.052 | -0.054 | -0.051 | -0.051 |
| Total Other Income Expenses Net
| -19 | -22 | 20 | 20 | 135 | 23 | -205 | -117 | -85 | -90 | -16 | 55.464 | 24.964 | -14.648 | -11.426 | -23.565 | 0.302 | 1.663 | -26.058 | -24.245 | -20.391 | -20.391 |
| Income Before Tax
| -91 | -109 | -91 | -106 | 24 | -101 | -399 | -927 | -53 | 28 | -191 | -56.493 | -143.615 | -270.342 | -87.963 | -80.818 | -55.84 | -62.076 | -91.81 | -89.623 | -78.743 | -78.743 |
| Income Before Tax Ratio
| -0.06 | -0.092 | -0.105 | -0.108 | 0.012 | -0.032 | -0.14 | -0.276 | -0.013 | 0.005 | -0.05 | -0.025 | -0.121 | -0.362 | -0.353 | -0.239 | -0.075 | -0.049 | -0.073 | -0.074 | -0.069 | -0.069 |
| Income Tax Expense
| 1 | 15.957 | -120 | 67 | 1 | 51 | 205 | 1 | 1 | 90 | 0.39 | 0.326 | 0.19 | 0.094 | -0.171 | 0.035 | 0.079 | 0.12 | 0.088 | 0.113 | 0.114 | 0.114 |
| Net Income
| -92 | -109 | -91 | -106 | 23 | -152 | -604 | -928 | -54 | -62 | -191 | -56.819 | -143.805 | -270.436 | -87.792 | -80.853 | -55.919 | -62.196 | -91.722 | -90.366 | -79.465 | -79.465 |
| Net Income Ratio
| -0.061 | -0.092 | -0.105 | -0.108 | 0.012 | -0.049 | -0.211 | -0.276 | -0.013 | -0.012 | -0.05 | -0.025 | -0.121 | -0.362 | -0.353 | -0.239 | -0.076 | -0.05 | -0.073 | -0.075 | -0.07 | -0.07 |
| EPS
| -0.13 | -0.16 | -0.14 | -0.16 | 0.036 | -0.24 | -0.95 | -1.47 | -0.09 | -0.1 | -0.32 | -0.094 | -0.24 | -0.48 | -0.49 | -0.15 | -0.1 | -0.11 | -0.53 | -1.87 | -1.7 | -1.7 |
| EPS Diluted
| -0.13 | -0.16 | -0.14 | -0.16 | 0.035 | -0.24 | -0.95 | -1.47 | -0.086 | -0.097 | -0.31 | -0.094 | -0.24 | -0.48 | -0.49 | -0.15 | -0.1 | -0.11 | -0.53 | -1.82 | -1.64 | -1.64 |
| EBITDA
| -59 | -71 | -96 | -47 | 2 | -81 | -184 | -789 | 58 | 116 | -118 | -4.704 | -143.632 | -231.312 | -65.472 | -19.768 | -23.077 | -20.155 | -56.923 | -57.03 | -53.255 | -53.255 |
| EBITDA Ratio
| -0.039 | -0.06 | -0.11 | -0.048 | 0.001 | -0.026 | -0.064 | -0.235 | 0.014 | 0.023 | -0.031 | -0.002 | -0.121 | -0.31 | -0.263 | -0.058 | -0.031 | -0.016 | -0.045 | -0.047 | -0.047 | -0.047 |