Opendoor Technologies Inc. OPENL

FY2025 · ended Dec 31, 2025 · Revenue $4.37B, -15.2% YoY · Filed Feb 19, 2026

Opendoor Technologies Inc. (OPEN) 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 $4.4 billion and a net loss of $1.3 billion. Free cash flow was $1.0 billion. As of Jun 30, 2026 it held $896.0 million in cash and investments and $8.0 million in total debt.

Revenue (TTM)
$3.25B
-37.2% vs year-ago TTM
Net income (TTM)
$-1.52B
-398.7% vs year-ago TTM
Operating cash flow (TTM)
$-459.00M
-187.3% vs year-ago TTM
Free cash flow (TTM)
$-474.00M
-192.8% vs year-ago TTM
EPS (TTM)
$-1.72
-305.7% vs year-ago TTM
Dividend per share
None
Shares outstanding
958.33M
+32.5% vs prior year
Net cash
$888.00M
as of Jun 30, 2026
Operating margin
-16.0%
FY 2026

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)

Other Real Estate Agents & Managers (For Others) companies

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
$4.4B
$5.2B
$6.9B
$15.6B
$8.0B
Operating income
-$287.0M
-$320.0M
-$386.0M
-$931.0M
-$568.0M
Net income
-$1.3B
-$392.0M
-$275.0M
-$1.4B
-$662.0M
Diluted EPS
-$1.70
-$0.56
-$0.42
-$2.16
-$1.12
Operating cash flow
$1.0B
-$595.0M
$2.3B
$730.0M
-$5.8B
Free cash flow
$1.0B
-$620.0M
$2.3B
$693.0M
-$5.8B
Total assets
$2.4B
$3.1B
$3.6B
$6.6B
$9.5B
Total liabilities
$1.4B
$2.4B
$2.6B
$5.5B
$7.3B
Stockholders' equity
$1.0B
$713.0M
$967.0M
$1.1B
—
Cash and investments
$962.0M
$679.0M
$1.1B
$1.3B
$2.2B
Total debt
$7.0M
$15.0M
$24.0M
$45.0M
$46.0M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K/A Amended current report
Officer or director change
Nov 2, 2026 Oct 28, 2026
8-K Current report
Officer or director change, Regulation FD disclosure
Oct 29, 2026 Oct 28, 2026
8-K Current report
Officer or director change
Oct 21, 2026 Oct 21, 2026
8-K Current report
Material agreement, New debt, Unregistered share sale, Other events
Aug 19, 2026 Aug 17, 2026
8-K Current report
Material agreement, Unregistered share sale, Regulation FD disclosure
Aug 13, 2026 Aug 12, 2026
10-Q Quarterly report Aug 4, 2026 Jun 30, 2026

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