Opendoor Technologies Inc. balance sheet OPEN

Annual Quarterly

As of Jun 30, 2026, Opendoor Technologies Inc. had total assets of $3.0 billion and total liabilities of $2.0 billion. Total assets were up 1.9% from a year earlier. Stockholders' equity was $914.0 million. It held $896.0 million in cash and investments against $8.0 million of total debt, net cash of $888.0 million. The current ratio, current assets divided by current liabilities, was 2.94.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	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	FY 2020 Dec 31, 2020
Assets
Cash	896 +13.6%	962 +43.4%	671 -32.8%	999 -12.1%	1,137 -34.3%	1,731 +22.5%	1,413
Short-term investments	—	0 -100.0%	8 -88.4%	69 -52.1%	144 -70.2%	484 +916.0%	48
Cash and investments	896 +13.6%	962 +41.7%	679 -36.4%	1,068 -16.6%	1,281 -42.2%	2,215 +51.6%	1,461
Total current assets	2,850 +1.9%	2,299 -23.3%	2,997 -13.0%	3,445 -46.7%	6,466 -30.8%	9,340 +354.9%	2,053
Property and equipment, net	24 -35.1%	27 -43.8%	48 -27.3%	66 +13.8%	58 +28.9%	45 +55.2%	29
Goodwill	3 +0.0%	3 +0.0%	3 -25.0%	4 +0.0%	4 -93.3%	60 +93.5%	31
Total assets	2,961 +1.9%	2,407 -23.0%	3,126 -12.4%	3,567 -46.0%	6,608 -30.5%	9,506 +336.9%	2,176
Liabilities and equity
Total current liabilities	968 +50.5%	327 -38.2%	529 +655.7%	70 -95.3%	1,505 -65.8%	4,400 +1019.6%	393
Total liabilities	2,047 -10.1%	1,402 -41.9%	2,413 -7.2%	2,600 -52.9%	5,522 -23.9%	7,258 +1065.0%	623
Stockholders' equity	914 +44.8%	1,005 +41.0%	713 -26.3%	967 -11.0%	1,086	—	—
Debt
Debt due within a year	—	—	—	—	—	—	211
Long-term debt	—	—	—	—	—	—	135
Lease liabilities	8 +0.0%	7 -53.3%	15 -37.5%	24 -46.7%	45 -2.2%	46 -31.7%	67
Total debt	8 +0.0%	7 -53.3%	15 -37.5%	24 -46.7%	45 -2.2%	46 -88.9%	414
Net cash	888 +13.7%	955 +43.8%	664 -36.4%	1,044 -15.5%	1,236 -43.0%	2,169 +107.2%	1,047
Ratios
Current ratio	2.94x	7.03x	5.67x	49.21x	4.30x	2.12x	5.22x
Debt to equity	0.01x	0.01x	0.02x	0.02x	0.04x	—	—
Return on equity	-166.41%	-129.35%	-54.98%	-28.44%	-124.59%	—	—
Return on assets	-51.37%	-54.01%	-12.54%	-7.71%	-20.48%	-6.96%	-11.63%
Book value per share	0.94	1.05	0.99	1.43	1.70	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry: Real Estate Agents & Managers (For Others) (SIC 6531)
Listed as: OPEN (Nasdaq), OPENL (Nasdaq), OPENW (Nasdaq), OPENZ (Nasdaq)
Fiscal year ends: December 31
Headquarters: Tempe, AZ
SEC filer status: Accelerated filer
SEC CIK: 1801169
Former names: Social Capital Hedosophia Holdings Corp. II (until Dec 18, 2020)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.