Opendoor Technologies Inc.
OPEN Nasdaq· Real Estate Agents & Managers (For Others)
Last close · Oct 26, 2026
$1.93
KIRA · Stoqly’s AI analyst, in plain words
- Opendoor Technologies Inc. had $4.4B of revenue in fiscal 2025, down 15.2% on the year before. Over five years, revenue changed +11.1% a year on average.
- Its operating margin was −6.6%, down 0.4 pts: of every 100 in sales, about −7 is left after running the business.
- Opendoor Technologies Inc. lost $1.3B in fiscal 2025.
- Free cash flow was $1.0B in fiscal 2025, 23.7% of revenue.
Market cap
$1.9B
P/E
—
Revenue
$4.4B
Net income
−$1.3B
Free cash flow
$1.0B
Operating margin
−6.6%
Opendoor Technologies Inc. in 30 seconds · fiscal 2025
Are sales growing?
−15.2%
No. Sales fell 15.2% last year.
Does it make a profit?
−29.7%
No. It lost money last year.
Does profit turn into cash?
23.7%
Yes. 23.7% of sales ends up as free cash.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Opendoor Technologies Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 19, 2026
- Legal name
- Opendoor Technologies Inc.
- CIK
- 0001801169
Opendoor Technologies Inc. · OPEN
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $8.0B | $15.6B | $6.9B | $5.2B | $4.4B |
| Revenue growth | 210.5% | 94.1% | −55.4% | −25.8% | −15.2% |
| Gross margin | 9.1% | 4.3% | 7.0% | 8.4% | 8.0% |
| Operating margin | −7.1% | −6.0% | −5.6% | −6.2% | −6.6% |
| Net income | −$662M | −$1.4B | −$275M | −$392M | −$1.3B |
| Net margin | −8.3% | −8.7% | −4.0% | −7.6% | −29.7% |
| Diluted EPS | −$1.12 | −$2.16 | −$0.42 | −$0.56 | −$1.70 |
| Cash | |||||
| Cash from operations | −$5.8B | $730M | $2.3B | −$595M | $1.0B |
| Capital expenditure | $33.0M | $37.0M | $37.0M | $25.0M | $12.0M |
| Free cash flow | −$5.8B | $693M | $2.3B | −$620M | $1.0B |
| FCF margin | −72.6% | 4.5% | 33.2% | −12.0% | 23.7% |
| Share buybacks | $0.0M | — | — | — | — |
| Share count change | 442.1% | 5.8% | 4.8% | 6.4% | 9.6% |
| Debt and strength | |||||
| Cash and short-term investments | $2.2B | $1.3B | $1.1B | $679M | $962M |
| Shareholders' equity | $2.2B | $1.1B | $967M | $713M | $1.0B |
| Current ratio | 2.1x | 4.3x | 49.2x | 5.7x | 7.0x |
| Interest coverage | −4.0x | −2.4x | −1.8x | −2.4x | −2.2x |
| Returns and quality | |||||
| Return on equity | −34.8% | −81.2% | −26.8% | −46.7% | −151.3% |
| Return on tangible equity | −30.4% | −126.4% | −28.7% | −55.2% | −129.7% |
| Piotroski F-score | 2 | 4 | 5 | 1 | 4 |
| Altman Z'' | 2.7 | 2.7 | 2.8 | 0.9 | −1.5 |
Insiders bought, 12 months
$1.6M
1 insider
Insiders sold, 12 months
$1.5M
3 insiders
Of sales under plans
58%
$0.9M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Opendoor Technologies Inc. · OPEN
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $1.93 a share, the company is worth $1.9B.
Source: SEC EDGAR XBRL filings (CIK 0001801169). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.