Income Statement
OPENDOOR TECHNOLOGIES INC.
OPEN
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Revenue
|
4,371.00 | 5,153.00 | 6,946.00 | 15,567.00 | 8,021.00 | 2,583.12 |
|
Cost of Revenue
|
4,021.00 | 4,720.00 | 6,459.00 | 14,900.00 | 7,291.00 | 2,363.32 |
|
Gross Profit
|
350.00 | 433.00 | 487.00 | 667.00 | 730.00 | 219.80 |
|
Operating Expenses
|
637.00 | 753.00 | 873.00 | 1,598.00 | 1,298.00 | 405.66 |
|
Research & Development
|
79.00 | 141.00 | 167.00 | 169.00 | 134.00 | 58.17 |
|
Selling, General & Administrative
|
310.00 | 413.00 | 486.00 | 1,006.00 | 620.00 | 194.72 |
|
Other Operating Expenses
|
- | - | - | - | - | - |
|
Operating Income
|
-287.00 | -320.00 | -386.00 | -931.00 | -568.00 | -185.87 |
|
Non-Operating Income
|
1,013.00 | 71.00 | -112.00 | 469.00 | 93.00 | 100.84 |
|
Interest Income
|
- | - | - | - | - | - |
|
Interest Expense
|
18.00 | 3.00 | 211.00 | 385.00 | 143.00 | 67.81 |
|
Other Non-Op Income / Expense
|
42.00 | 64.00 | 107.00 | -10.00 | 38.00 | 4.27 |
|
Income Before Tax
|
-947.00 | -17.00 | 212.00 | -15.00 | -661.00 | -286.70 |
|
Income Tax Expense
|
0.00 | 1.00 | 1.00 | -47.00 | 1.00 | 0.06 |
|
Non-Controlling Interest
|
- | - | - | - | 0.00 | 0.00 |
|
Net Income
|
-1,300.00 | -392.00 | -275.00 | -1,353.00 | -662.00 | -286.76 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - |
|
EBITDA
|
-287.00 | -320.00 | -386.00 | -931.00 | -568.00 | -185.87 |
|
Earnings Per Share (Basic)
|
-1.70 | -0.56 | -0.42 | -2.16 | -1.12 | -2.62 |
|
Diluted EPS
|
-1.70 | -0.56 | -0.42 | -2.16 | -1.12 | -2.62 |
|
Weighted Average Shares
|
766.53 | 699.46 | 657.11 | 627.11 | 592.57 | 109.30 |
|
Diluted Weighted Avg Shares
|
766.53 | 699.46 | 657.11 | 627.11 | 592.57 | 109.30 |
|
Comprehensive Income
|
-1,300.00 | -391.00 | -272.00 | -1,355.00 | -664.00 | -286.74 |