# Opendoor Technologies Inc.: overview

OPEN · Nasdaq · CIK 1801169 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/open.md) · [Financials](/companies/open/financials.md) · [Filings](/companies/open/filings.md) · [Insiders](/companies/open/insiders.md)

Latest reported revenue: [$883.0m](/filings/0001801169-26-000021.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001801169-26-000021).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,377](/filings/0001801169-25-000092.md) | [1,084 d](/filings/0001801169-26-000010.md) | [1,153](/filings/0001801169-26-000014.md) | [1,567](/filings/0001801169-26-000021.md) | [915](/filings/0001801169-25-000092.md) | [736 d](/filings/0001801169-26-000010.md) | [720](/filings/0001801169-26-000014.md) | [883](/filings/0001801169-26-000021.md) |
| Gross margin | % | [7.6%](/filings/0001801169-25-000092.md) | [7.8% d](/filings/0001801169-26-000010.md) | [8.6%](/filings/0001801169-26-000014.md) | [8.2%](/filings/0001801169-26-000021.md) | [7.2%](/filings/0001801169-25-000092.md) | [7.7% d](/filings/0001801169-26-000010.md) | [10.0%](/filings/0001801169-26-000014.md) | [9.7%](/filings/0001801169-26-000021.md) |
| Operating margin | % | [(4.9%)](/filings/0001801169-25-000092.md) | [(8.7%) d](/filings/0001801169-26-000010.md) | [(4.9%)](/filings/0001801169-26-000014.md) | [(0.8%)](/filings/0001801169-26-000021.md) | [(7.4%)](/filings/0001801169-25-000092.md) | [(20.4%) d](/filings/0001801169-26-000010.md) | [(22.1%)](/filings/0001801169-26-000014.md) | [(16.3%)](/filings/0001801169-26-000021.md) |
| Net margin | % | [(5.7%)](/filings/0001801169-25-000092.md) | [(10.4%) d](/filings/0001801169-26-000010.md) | [(7.4%)](/filings/0001801169-26-000014.md) | [(1.9%)](/filings/0001801169-26-000021.md) | [(9.8%)](/filings/0001801169-25-000092.md) | [(148.9%) d](/filings/0001801169-26-000010.md) | [(24.0%)](/filings/0001801169-26-000014.md) | [(18.3%)](/filings/0001801169-26-000021.md) |
| Diluted EPS | $ per share | [(0.11)](/filings/0001801169-25-000092.md) | not reported | [(0.12)](/filings/0001801169-26-000014.md) | [(0.04)](/filings/0001801169-26-000021.md) | [(0.12)](/filings/0001801169-25-000092.md) | not reported | [(0.18)](/filings/0001801169-26-000014.md) | [(0.17)](/filings/0001801169-26-000021.md) |
| Free cash flow | $m | [56.0 d](/filings/0001801169-25-000092.md) | [(83.0) d](/filings/0001801169-26-000010.md) | [(283)](/filings/0001801169-26-000014.md) | [821 d](/filings/0001801169-26-000021.md) | [432 d](/filings/0001801169-25-000092.md) | [67.0 d](/filings/0001801169-26-000010.md) | [(250)](/filings/0001801169-26-000014.md) | [(723) d](/filings/0001801169-26-000021.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [8.0](/filings/0001801169-24-000016.md) | [15.6](/filings/0001801169-25-000017.md) | [6.9](/filings/0001801169-26-000010.md) | [5.2](/filings/0001801169-26-000010.md) | [4.4](/filings/0001801169-26-000010.md) |
| Gross margin | % | [9.1%](/filings/0001801169-24-000016.md) | [4.3%](/filings/0001801169-25-000017.md) | [7.0%](/filings/0001801169-26-000010.md) | [8.4%](/filings/0001801169-26-000010.md) | [8.0%](/filings/0001801169-26-000010.md) |
| Operating margin | % | [(7.1%)](/filings/0001801169-24-000016.md) | [(6.0%)](/filings/0001801169-25-000017.md) | [(5.6%)](/filings/0001801169-26-000010.md) | [(6.2%)](/filings/0001801169-26-000010.md) | [(6.6%)](/filings/0001801169-26-000010.md) |
| Net margin | % | [(8.3%)](/filings/0001801169-24-000016.md) | [(8.7%)](/filings/0001801169-25-000017.md) | [(4.0%)](/filings/0001801169-26-000010.md) | [(7.6%)](/filings/0001801169-26-000010.md) | [(29.7%)](/filings/0001801169-26-000010.md) |
| Diluted EPS | $ per share | [(1.12)](/filings/0001801169-24-000016.md) | [(2.16)](/filings/0001801169-25-000017.md) | [(0.42)](/filings/0001801169-26-000010.md) | [(0.56)](/filings/0001801169-26-000010.md) | [(1.70)](/filings/0001801169-26-000010.md) |
| Free cash flow | $bn | [(5.8)](/filings/0001801169-24-000016.md) | [0.7](/filings/0001801169-25-000017.md) | [2.3](/filings/0001801169-26-000010.md) | [(0.6)](/filings/0001801169-26-000010.md) | [1.0](/filings/0001801169-26-000010.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/open/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $532.2m | 115,205,390 |  | Added +12,430,422 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $352.1m | 76,214,771 |  | Added +6,146,203 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $336.9m | 72,920,992 |  | Added +54,285,537 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $159.9m | 34,618,646 |  | Reduced −922,113 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $115.3m | 24,951,742 |  | Added +12,620,673 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $100.6m | 21,768,138 |  | Added +15,790,615 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $65.9m | 14,271,600 | Call | Added +900,700 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $65.6m | 14,201,295 |  | Reduced −421 |
| [LENNAR CORP /NEW/](/funds/920760.md) | 2026-06-30 | $62.5m | 13,534,807 |  | Unchanged |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $58.1m | 12,578,211 |  | Added +3,503,733 |

## Recent filings

[All 666 filings](/companies/open/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 07:00 ET | [8-K](/filings/0001140361-26-041096.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001140361-26-041096 |
| 2026-10-21 | 17:28 ET | [8-K](/filings/0001140361-26-040415.md) | 5.02 Departure or appointment of officers or directors | 0001140361-26-040415 |
| 2026-08-19 | 16:05 ET | [8-K](/filings/0001140361-26-033739.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 8.01 Other events; 9.01 Financial statements and exhibits | 0001140361-26-033739 |
| 2026-08-13 | 06:05 ET | [8-K](/filings/0001140361-26-032600.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001140361-26-032600 |
| 2026-08-04 | 16:15 ET | [10-Q](/filings/0001801169-26-000021.md) | Quarterly report, period 2026-06-30 | 0001801169-26-000021 |
| 2026-08-04 | 16:12 ET | [8-K](/filings/0001801169-26-000019.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001801169-26-000019 |
| 2026-06-12 | 17:07 ET | [8-K](/filings/0001801169-26-000016.md) | 5.07 Shareholder vote results | 0001801169-26-000016 |
| 2026-05-07 | 16:17 ET | [10-Q](/filings/0001801169-26-000014.md) | Quarterly report, period 2026-03-31 | 0001801169-26-000014 |
| 2026-05-07 | 16:14 ET | [8-K](/filings/0001801169-26-000013.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001801169-26-000013 |
| 2026-04-28 | 16:30 ET | [DEF 14A](/filings/0001140361-26-017460.md) | Proxy statement, period 2026-06-11 | 0001140361-26-017460 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001801169-26-000010.md), filed Feb 19, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/f1890809-0e17-4c4d-b4b7-96d0d0ed68d7)

## About the filer

- CIK: 1801169
- Tickers: OPEN, OPENL, OPENW, OPENZ
- Exchange: Nasdaq
- SIC code: 6531 Real Estate Agents & Managers (For Others)
- State of incorporation: not reported
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 07:02 ET. No prices; not investment advice.