Opendoor Technologies Inc.
OPEN · XNASCIK 1801169fmd_1J4JJKPCT806BXTZ6QMA3JE0ANFinance, Insurance and Real Estate · Real Estate Agents & Managers (For Others)Template: Real estate
Coverage: Jan 01, 2018 to Sep 30, 2026, 32 periods
| Line item | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Total revenues | 1,838 | 4,741 | 2,583 | 8,021 | 15,567 | 6,946 | 5,153 | 4,371 |
| Cost of revenue | 1,705 | 4,440 | 2,363 | 7,291 | 14,900 | 6,459 | 4,720 | 4,021 |
| Gross profit | 133 | 301 | 220 | 730 | 667 | 487 | 433 | 350 |
| Depreciation and amortization | 5 | 15 | 22 | 27 | 37 | 38 | 33 | 31 |
| Research and development | 28 | 51 | 56 | 134 | 169 | 167 | 141 | 79 |
| Selling, general and administrative | 269 | 498 | 321 | 1,164 | 1,352 | 692 | 595 | 548 |
| Total operating expenses | 297 | 549 | 406 | 1,298 | 1,598 | 873 | 753 | 637 |
| Funds from operations (NAREIT definition, derived) | (237) | (326) | (231) | (635) | (1,316) | (237) | (359) | (1,269) |
| Operating income | (164) | (248) | (186) | (568) | (931) | (386) | (320) | (287) |
| Interest expense | 60 | 110 | 68 | 143 | 385 | 211 | 133 | 131 |
| Other non-operating income (expense) | 3 | 13 | 4 | 38 | (10) | 107 | 64 | 42 |
| Income before taxes | (240) | (339) | (253) | (661) | (1,351) | (274) | (391) | (1,300) |
| Income tax expense | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 0 |
| Net income from continuing operations | (240) | (339) | (253) | (662) | (1,353) | (275) | (392) | (1,300) |
| Net income | (241) | (341) | (253) | (662) | (1,353) | (275) | (392) | (1,300) |
| Net income to common shareholders | (249) | (341) | (253) | (662) | (1,353) | (275) | (392) | (1,300) |