Opendoor Technologies Inc. financial data

Symbol
OPEN on Nasdaq
Industry
Real Estate Agents & Managers (For Others)
Location
410 N. Scottsdale Road, Suite 1600, Tempe, AZ
Fiscal year end
December 31
Former names
Social Capital Hedosophia Holdings Corp. II (to 12/18/2020)
Latest financial report
10-K - Q4 2024 - Feb 27, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 745 % -69.2%
Debt-to-equity 309 % -0.46%
Return On Assets -11.8 % -80.4%
Operating Margin -6.21 % -11.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 724M shares +4.62%
Common Stock, Shares, Outstanding 720M shares +6.25%
Entity Public Float 987M USD -50.4%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 699M shares +6.44%
Weighted Average Number of Shares Outstanding, Diluted 699M shares +6.44%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 5.15B USD -25.8%
Cost of Revenue 4.72B USD -26.9%
Research and Development Expense 141M USD -15.6%
Selling and Marketing Expense 413M USD -15%
General and Administrative Expense 182M USD -11.7%
Operating Income (Loss) -320M USD +17.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -391M USD -42.7%
Income Tax Expense (Benefit) 1M USD 0%
Net Income (Loss) Attributable to Parent -392M USD -42.5%
Earnings Per Share, Basic -0.56 USD/shares -33.3%
Earnings Per Share, Diluted -0.56 USD/shares -33.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 671M USD -32.8%
Marketable Securities, Current 8M USD -88.4%
Other Assets, Current 61M USD +17.3%
Assets, Current 3B USD -13%
Property, Plant and Equipment, Net 48M USD -27.3%
Operating Lease, Right-of-Use Asset 18M USD -28%
Intangible Assets, Net (Excluding Goodwill) 0 USD -100%
Goodwill 3M USD -25%
Other Assets, Noncurrent 60M USD +173%
Assets 3.13B USD -12.4%
Employee-related Liabilities, Current 12M USD -33.3%
Accrued Liabilities, Current 30M USD -11.8%
Liabilities, Current 529M USD +656%
Operating Lease, Liability, Noncurrent 13M USD -31.6%
Other Liabilities, Noncurrent 1M USD 0%
Liabilities 2.41B USD -7.19%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) -3.73B USD -11.8%
Stockholders' Equity Attributable to Parent 713M USD -26.3%
Liabilities and Equity 3.13B USD -12.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -178M USD -108%
Net Cash Provided by (Used in) Financing Activities -98M USD +92.6%
Net Cash Provided by (Used in) Investing Activities 22M USD -26.7%
Common Stock, Shares Authorized 3B shares 0%
Common Stock, Shares, Issued 720M shares +6.25%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -254M USD -129%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 763M USD -50.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 34M USD -54.1%
Deferred Tax Assets, Valuation Allowance 795M USD +10.7%
Deferred Tax Assets, Gross 859M USD +17.5%
Operating Lease, Liability 15M USD -37.5%
Payments to Acquire Property, Plant, and Equipment 8M USD 0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -391M USD -43.8%
Lessee, Operating Lease, Liability, to be Paid 21M USD -38.2%
Property, Plant and Equipment, Gross 123M USD -25.9%
Operating Lease, Liability, Current 2M USD -60%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4M USD -20%
Lessee, Operating Lease, Liability, to be Paid, Year One 4M USD -50%
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure +8.48%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6M USD -40%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3M USD -25%
Deferred Tax Assets, Operating Loss Carryforwards 633M USD +17%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 23M USD +4.55%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4M USD 0%
Additional Paid in Capital 4.44B USD +3.19%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 4M USD -42.9%
Depreciation, Depletion and Amortization 33M USD -13.2%
Deferred Tax Assets, Net of Valuation Allowance 64M USD +392%
Share-based Payment Arrangement, Expense 114M USD -9.52%
Interest Expense 174M USD -55.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%