Opendoor Technologies Inc. (OPEN)
Real Estate · Real Estate Services · NasdaqGS
Opendoor Technologies Inc. revenue & earnings — last 8 fiscal years
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.84B | $4.74B | $2.58B | $8.02B | $15.57B | $6.95B | $5.15B | $4.37B |
| Gross profit | $133.43M | $301.00M | $220.00M | $730.00M | $667.00M | $487.00M | $433.00M | $350.00M |
| Net income | $-241.29M | $-341.00M | $-253.00M | $-662.00M | $-1.35B | $-275.00M | $-392.00M | $-1.30B |
| Net margin | -13.1% | -7.2% | -9.8% | -8.3% | -8.7% | -4.0% | -7.6% | -29.7% |
Source: Opendoor Technologies Inc. SEC filings (10-K).
What growth is priced into OPEN stock?
At today's market cap of $4.27B, Opendoor Technologies Inc. is priced for free-cash-flow growth of about -15.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.04B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 9.3%/yr over the last five fiscal years and revenue 11.1%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 8 years of Opendoor Technologies Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Opendoor Technologies Inc. financial history by metric
About Opendoor Technologies Inc.
Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States. It buys and sells homes through online e-commerce platform. The company also resells the home to a home buyer. In addition, it offers real estate brokerage, title insurance and settlement, and escrow services, as well as property and casualty insurance, real estate licenses, and construction services. The company was formerly known as Social Capital Hedosophia Holdings Corp. II and changed its name to Opendoor Technologies Inc. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona.
Opendoor Technologies Inc. — frequently asked questions
What is Opendoor Technologies Inc.'s revenue?
Opendoor Technologies Inc. (OPEN) reported revenue of $4.37B for fiscal year 2025, down 15.2% from the prior year, according to its SEC filings.
Is Opendoor Technologies Inc. profitable?
No — OPEN reported a net loss of $-1.30B in fiscal 2025.
What is OPEN's P/E ratio?
Opendoor Technologies Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Opendoor Technologies Inc. growing?
OPEN's revenue grew at roughly 11.1% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Opendoor Technologies Inc. have?
As of fiscal year 2025, OPEN carried roughly $1.31B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Opendoor Technologies Inc.'s gross margin?
OPEN's gross margin was 8.0% in fiscal 2025 — gross profit of $350.00M on revenue of $4.37B.
What is Opendoor Technologies Inc.'s market cap?
Opendoor Technologies Inc. (OPEN) has a market capitalization of about $4.27B, based on the latest data in our nightly-refreshed cache.
When does Opendoor Technologies Inc.'s fiscal year end?
OPEN's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into OPEN stock?
At today's market cap of $4.27B, Opendoor Technologies Inc. is priced for free-cash-flow growth of about -15.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.04B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 9.3%/yr over the last five fiscal years and revenue 11.1%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Opendoor Technologies Inc.'s official SEC filings (10-K and 10-Q), covering 8 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.