# Opendoor Technologies Inc. (OPEN)

**Exchange:** NASDAQ  
**Sector:** Real Estate  
**Market cap:** $3.43B  
**Price:** $4.48 (+3.23%)

> Opendoor Technologies Inc. is a real estate technology company that operates an end-to-end digital platform for buying and selling residential homes. The company’s primary function is to simplify home transactions by enabling homeowners to sell directly to Opendoor or list their properties through partnered agents using a streamlined online process. Its core offering, Sell to Opendoor, provides instant, data-driven offers and a managed resale process, while List with Opendoor and Opendoor Marketplace connect sellers with a broader pool of retail and institutional buyers. Opendoor also provides integrated title insurance and escrow services through its subsidiaries, creating a more seamless, single-platform experience for customers. Operating in the real estate services sector, Opendoor plays a significant role in the U.S. housing market by adding liquidity, price transparency, and convenience to traditionally complex residential property transactions. The company was founded in 2013 and is headquartered in Tempe, Arizona.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.37B | $350M | -$287M | -$1.30B | — |
| 2024 | $5.15B | $433M | -$320M | -$392M | — |
| 2023 | $6.95B | $487M | -$386M | -$275M | — |
| 2022 | $15.57B | $667M | -$931M | -$1.35B | — |
| 2021 | $8.02B | $730M | -$568M | -$662M | — |
| 2020 | $2.58B | $220M | -$186M | -$253M | — |
| 2019 | $4.74B | $301M | -$248M | -$341M | — |
| 2018 | $1.84B | $133M | -$164M | -$241M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.41B | $1.40B | $1.00B | $962M | — |
| 2024 | $3.13B | $2.41B | $713M | $671M | — |
| 2023 | $3.57B | $2.60B | $967M | $999M | — |
| 2022 | $6.61B | $5.52B | $1.09B | $1.14B | — |
| 2021 | $9.51B | $7.26B | $2.25B | $1.73B | — |
| 2020 | $2.18B | $623M | $1.55B | $1.41B | $135M |
| 2019 | $2.23B | $1.58B | -$733M | $405M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $1.05B | $12M | $1.04B |
| 2024 | -$595M | $25M | -$620M |
| 2023 | $2.34B | $37M | $2.31B |
| 2022 | $730M | $37M | $693M |
| 2021 | -$5.79B | $33M | -$5.83B |
| 2020 | $682M | $17M | $665M |
| 2019 | -$272M | $28M | -$300M |
| 2018 | -$1.18B | $20M | -$1.20B |

Source: [CompaniesByCap](https://companiesbycap.com/company/OPEN)