← Opendoor Technologies Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | $1.8b |
$4.7b
+157.91%
|
$2.6b
-45.51%
|
$8.0b
+210.52%
|
$15.6b
+94.08%
|
$6.9b
-55.38%
|
$5.2b
-25.81%
|
$4.4b
-15.18%
|
$3.3b
-25.55%
|
|
| COST OF REVENUE | $1.7b |
$4.4b
+160.43%
|
$2.4b
-46.76%
|
$7.3b
+208.51%
|
$14.9b
+104.36%
|
$6.5b
-56.65%
|
$4.7b
-26.92%
|
$4.0b
-14.81%
|
$3.0b
-26.06%
|
|
| GROSS PROFIT | $133.4m |
$301.2m
+125.78%
|
$219.8m
-27.04%
|
$730.0m
+232.12%
|
$667.0m
-8.63%
|
$487.0m
-26.99%
|
$433.0m
-11.09%
|
$350.0m
-19.17%
|
$281.0m
-19.71%
|
|
| Technology and development | $28.5m | $51.2m | $58.2m | $134.0m | $169.0m | $167.0m | $141.0m | $79.0m | — | |
| General and administrative | $72.3m | $113.4m | $152.8m | $620.0m | $346.0m | $206.0m | $182.0m | $238.0m | $449.0m | |
| Restructuring | — | — | $29.0m | $0 | $17.0m | $14.0m | $17.0m | $10.0m | $4.0m | |
| Total operating expenses | $297.1m | $549.1m | $405.7m | $1.3b | $1.6b | $873.0m | $753.0m | $637.0m | $798.0m | |
| LOSS FROM OPERATIONS | ($163.7m) |
($247.8m)
-51.42%
|
($185.9m)
+25.00%
|
($568.0m)
-205.60%
|
($931.0m)
-63.91%
|
($386.0m)
+58.54%
|
($320.0m)
+17.10%
|
($287.0m)
+10.31%
|
||
| INTEREST EXPENSE | ($60.5m) | ($109.7m) | ($67.8m) | ($143.0m) | ($385.0m) | ($211.0m) | ($133.0m) | ($131.0m) | $114.0m | |
| OTHER INCOME – Net | $2.6m | $12.4m | $4.3m | $38.0m | ($10.0m) | $107.0m | $64.0m | $42.0m | ($890.0m) | |
| LOSS BEFORE INCOME TAXES | ($239.6m) | ($338.9m) | ($286.7m) | ($661.0m) | ($1.4b) | ($274.0m) | ($391.0m) | ($1.3b) | ||
| INCOME TAX EXPENSE | ($377k) | ($252k) | ($63k) | ($1.0m) | ($2.0m) | ($1.0m) | ($1.0m) | $0 | $0 | |
| Net loss | ($241.3m) | ($341.0m) | ($286.8m) | ($662.0m) | ($1.4b) | ($275.0m) | ($392.0m) | ($1.3b) | — | |
| Basic (in dollars per share) | ($3.07) | ($4.26) | ($2.62) | ($1.12) | ($2.16) | ($0.42) | ($0.56) | ($1.70) | — | |
| Diluted (in dollars per share) | ($3.07) | ($4.26) | ($2.62) | ($1.12) | ($2.16) | ($0.42) | ($0.56) | ($1.70) | — | |
| Sales, marketing and operations | $196.3m | $384.4m | $194.7m | $544.0m | $1.0b | $486.0m | $413.0m | $310.0m | — | |
| (LOSS) GAIN ON EXTINGUISHMENT OF DEBT | $0 | $0 | ($11.4m) | $0 | ($25.0m) | $216.0m | ($2.0m) | ($924.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.