Opendoor Technologies Inc. (OPEN)
Opendoor Technologies Inc. brought in $3.4B of revenue over the twelve months to September 30, 2026, down 28.8% from a year earlier. It posted a net loss of $1.6B. Operating cash flow minus capital spending left $1B of free cash flow in fiscal 2025. At September 30, 2026 it held $910M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Opendoor Technologies Inc.
- Net worth
- Opendoor Technologies Inc. has a market value (market cap) of $1.4B at the latest share price, and shareholders' equity of $592M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $4.4B (-15.2% year on year), with a net loss of $1.3B. Over the 12 months to September 30, 2026: revenue $3.4B, net loss $1.6B.
- Cash flow
- In fiscal 2025 operations brought in $1B of cash; after $12M of capital spending, free cash flow was $1B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Opendoor Technologies Inc.'s next report is expected around February 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Opendoor Technologies Inc. does
Opendoor Technologies Inc. is registered with the SEC under industry code SIC 6531 (Real Estate Agents & Managers (For Others)). Its shares trade on NASDAQ under the ticker OPEN.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $4.4B | -$1.3B | -$1.70 | $1B |
| 2024 | $5.2B | -$392M | -$0.56 | -$620M |
| 2023 | $6.9B | -$275M | -$0.42 | $2.3B |
| 2022 | $15.6B | -$1.4B | -$2.16 | $693M |
| 2021 | $8B | -$662M | -$1.12 | -$5.8B |
| 2020 | $2.6B | -$253M | -$2.31 | $665M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where OPEN ranks in Finance
Latest SEC filings
What Opendoor Technologies Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 12% to $1B versus the same quarter last year; diluted EPS -$0.23 versus -$0.12.
- November 5, 2026
- November 2, 2026
- October 29, 2026
- October 21, 2026
- August 19, 2026
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 13, 2026
- August 4, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 44% to $883M versus the same quarter last year; diluted EPS -$0.17 versus -$0.04.
- August 4, 2026
What is OPEN worth? A DCF from its reported cash flow
Insider trades
What the people running Opendoor Technologies Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $100K and sold $20.5K worth of shares in the last 90 days. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 30, 2026 | Alfred MichaelDirector | Received as pay | 12,566 | - |
| October 29, 2026 | Alfred MichaelDirector | Received as pay | 45,268 | - |
| October 15, 2026 | Nguyen GiangChief Operating Officer | Soldpre-planned (10b5-1) | 10,393 | $20.5K |
| September 15, 2026 | Schwartz ChristinaChief Financial Officer | Exercised options | 59,658 | $57.9K |
| September 15, 2026 | Schwartz ChristinaChief Financial Officer | Shares withheld for tax | 42,242 | $111.9K |
| August 14, 2026 | Nejatian KasraChief Executive Officer, Director | Bought | 27,625 | $100K |
| July 15, 2026 | Nguyen GiangChief Operating Officer | Soldpre-planned (10b5-1) | 3,591 | $16.8K |
| June 16, 2026 | Benson David CDirector | Soldpre-planned (10b5-1) | 40,000 | $193.4K |
Who owns OPEN
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 7.31% | April 29, 2026 |
Largest institutional holders
Insiders
12 insiders reported holding 102,618,155 shares in total, about $144.7M at the last price.
| Holder | Shares |
|---|---|
| Nejatian KasraChief Executive Officer, Director | 83,605,924 |
| Nguyen GiangChief Operating Officer | 8,175,150 |
| Schwartz ChristinaChief Financial Officer | 3,787,282 |
| Wu Eric Chung-WeiDirector | 1,992,303 |
| Matheson LucasPresident | 1,708,306 |
| Schaub SydneyChief Legal Officer | 1,329,422 |
| Rabois KeithDirector | 671,755 |
| Bain AdamDirector | 509,034 |
| Hamilton DanaDirector | 346,844 |
| Feder EricDirector | 254,202254,202 held indirectly |
Questions about OPEN
What does Opendoor Technologies Inc. do?
Opendoor Technologies Inc. is a company in the Finance sector, listed on NASDAQ as OPEN. Its shares trade on NASDAQ under the ticker OPEN.
What is Opendoor Technologies Inc.'s net worth?
Opendoor Technologies Inc. has a market value (market cap) of $1.4B at the latest share price, and shareholders' equity of $592M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Opendoor Technologies Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $1.6B on revenue of $3.4B.
How much revenue does Opendoor Technologies Inc. make?
Over the twelve months to September 30, 2026 Opendoor Technologies Inc. reported revenue of $3.4B. That is 28.8% less than a year earlier.
When did Opendoor Technologies Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026.
When is Opendoor Technologies Inc.'s next earnings report?
Opendoor Technologies Inc.'s next report is expected around February 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Opendoor Technologies Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.