FY2025 · ended Dec 31, 2025 · Revenue $567.81M, -38.2% YoY · Filed Feb 24, 2026
Offerpad Solutions Inc. (OPAD) files with the SEC under industry code 6531, Real Estate Agents & Managers (For Others). In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $567.8 million and a net loss of $46.4 million. Free cash flow was $65.7 million. As of Sep 30, 2026 it held $12.1 million in cash and investments and $13.4 million in total debt.
Revenue (TTM)
$349.92M
-44.3% vs year-ago TTM
Net income (TTM)
$-39.69M
+27.7% vs year-ago TTM
Operating cash flow (TTM)
$-108.88M
-319.8% vs year-ago TTM
Free cash flow (TTM)
$-108.95M
-345.9% vs year-ago TTM
EPS (TTM)
$-1.22
+79.7% vs year-ago TTM
Dividend per share
None
Shares outstanding
47.21M
+72.4% vs prior year
Net cash
$-1.28M
as of Sep 30, 2026
Operating margin
-9.7%
FY 2026
Company profile
- Industry
- Real Estate Agents & Managers (For Others) (SIC 6531)
- Listed as
- OPAD (Nasdaq)
- Fiscal year ends
- December 31
- Headquarters
- Tempe, AZ
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1825024
- Former names
- Supernova Partners Acquisition Company, Inc. (until Sep 1, 2021)
Other Real Estate Agents & Managers (For Others) companies
- KE Holdings Inc. BEKE
- Jones Lang Lasalle Inc JLL
- Compass, Inc. COMP
- MARRIOTT VACATIONS WORLDWIDE Corp VAC
- Newmark Group, Inc. NMRK
- Opendoor Technologies Inc. OPEN
- Marcus & Millichap, Inc. MMI
- AGNT, Inc. AGNT
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $567.8M | $918.8M | $1.3B | $4.0B | $2.1B |
| Operating income | -$33.4M | -$46.0M | -$104.4M | -$127.3M | $19.8M |
| Net income | -$46.4M | -$62.2M | -$117.2M | -$148.6M | $6.5M |
| Diluted EPS | -$1.50 | -$2.27 | -$4.44 | -$9.09 | $0.68 |
| Operating cash flow | $66.8M | $20.8M | $261.6M | $305.4M | -$921.9M |
| Free cash flow | $65.7M | $15.4M | $261.5M | $304.3M | -$935.6M |
| Total assets | $154.8M | $313.1M | $379.7M | $825.1M | $1.4B |
| Total liabilities | $116.6M | $265.4M | $277.9M | $703.2M | $1.1B |
| Stockholders' equity | $38.2M | $47.7M | $101.8M | $121.9M | $257.6M |
| Cash and investments | $26.5M | $43.0M | $76.0M | $97.2M | $169.8M |
| Total debt | $14.2M | $15.2M | $3.7M | $6.0M | $5.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 2, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 2, 2026 | Nov 2, 2026 |
| 8-K |
Current report
Officer or director change
|
Oct 23, 2026 | Oct 20, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Oct 13, 2026 | Oct 7, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 8, 2026 | Sep 3, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Aug 31, 2026 | Aug 26, 2026 |
All 455 Offerpad Solutions Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.