Symbols

OPEN

Opendoor·NASDAQ

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OPEN fundamentals

OPEN Q4 2025 Earnings

Opendoor (OPEN) released its earnings on Feb 19, 2026: revenue was 736.00M (YoY -32.10%), beat estimates; EPS was -1.26 (YoY -687.50%), missed estimates.

Revenue / YoY

736.00M

-32.10%

EPS / YoY

-1.26

-687.50%

Report date

Feb 19, 2026

OPEN Earnings Call Summary for Q4,2025

Acquisition Surge: 300%+ weekly home purchases (537/week) driven by AI-powered underwriting and 700%+ DTC growth.
Profitability Path: On track for 2026 adjusted net income breakeven with 50%+ improvement in resale velocity and 18 bps margin stability despite 300bps home price decline.
AI Cost Savings: 58% reduction in hosting costs ($12M → $5M/year) and 90% cheaper feature engineering via in-house AI models.
Product Expansion: Mortgage beta launch in Q1, Cash Plus adoption jumps to 35% (600%+ growth), and Opendoor Checkout embeds 4,000/military closing credit.
Military Focus: Targeting 0.5M annual military moves with $4K closing credit and seamless VA loan integration.

Earnings

EPS

Revenue

Revenue & Expenses

OPEN has released its 2025 Q4 earnings report, with revenue of 736.00M, reflecting a YoY change of -32.10%, and net profit of -1.10B, showing a YoY change of -869.91%. The Sankey diagram below clearly presents OPEN's revenue sources and cost distribution.

Key Indicators

Opendoor (OPEN) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

Opendoor (OPEN)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.

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Breakdown

Balance Sheet

Opendoor (OPEN)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.

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Breakdown

Cash Flow

Opendoor (OPEN)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.

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