
Opendoor Technologies Inc
NASDAQ:OPEN

Income Statement
Earnings Waterfall
Opendoor Technologies Inc
Revenue
|
5.2B
USD
|
Cost of Revenue
|
-4.7B
USD
|
Gross Profit
|
433m
USD
|
Operating Expenses
|
-729m
USD
|
Operating Income
|
-296m
USD
|
Other Expenses
|
-96m
USD
|
Net Income
|
-392m
USD
|
Income Statement
Opendoor Technologies Inc
Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||
Revenue |
2 182
N/A
|
4 448
+104%
|
8 021
+80%
|
12 425
+55%
|
15 437
+24%
|
16 532
+7%
|
15 567
-6%
|
13 536
-13%
|
11 314
-16%
|
8 933
-21%
|
6 946
-22%
|
5 007
-28%
|
4 542
-9%
|
4 939
+9%
|
5 153
+4%
|
|
Gross Profit | ||||||||||||||||
Cost of Revenue |
(1 887)
|
(3 951)
|
(7 291)
|
(11 257)
|
(13 942)
|
(15 664)
|
(14 900)
|
(13 234)
|
(11 349)
|
(8 447)
|
(6 459)
|
(4 576)
|
(4 131)
|
(4 519)
|
(4 720)
|
|
Gross Profit |
295
N/A
|
497
+69%
|
730
+47%
|
1 168
+60%
|
1 495
+28%
|
868
-42%
|
667
-23%
|
302
-55%
|
(35)
N/A
|
486
N/A
|
487
+0%
|
431
-11%
|
411
-5%
|
420
+2%
|
433
+3%
|
|
Operating Income | ||||||||||||||||
Operating Expenses |
(752)
|
(1 023)
|
(1 294)
|
(1 372)
|
(1 515)
|
(1 629)
|
(1 518)
|
(1 395)
|
(1 147)
|
(936)
|
(849)
|
(755)
|
(750)
|
(748)
|
(729)
|
|
Selling, General & Administrative |
(669)
|
(912)
|
(1 163)
|
(1 250)
|
(1 376)
|
(1 477)
|
(1 352)
|
(1 229)
|
(984)
|
(771)
|
(691)
|
(597)
|
(593)
|
(603)
|
(595)
|
|
Research & Development |
(84)
|
(111)
|
(131)
|
(122)
|
(139)
|
(152)
|
(166)
|
(166)
|
(163)
|
(165)
|
(158)
|
(158)
|
(157)
|
(145)
|
(134)
|
|
Operating Income |
(458)
N/A
|
(526)
-15%
|
(564)
-7%
|
(204)
+64%
|
(20)
+90%
|
(761)
-3 707%
|
(851)
-12%
|
(1 093)
-28%
|
(1 182)
-8%
|
(450)
+62%
|
(362)
+20%
|
(324)
+10%
|
(339)
-5%
|
(328)
+3%
|
(296)
+10%
|
|
Pre-Tax Income | ||||||||||||||||
Interest Income Expense |
4
|
(36)
|
(131)
|
(173)
|
(270)
|
(345)
|
(385)
|
(391)
|
(355)
|
(287)
|
(211)
|
(174)
|
(151)
|
(141)
|
(140)
|
|
Non-Reccuring Items |
(17)
|
(18)
|
(4)
|
(1)
|
(1)
|
(1)
|
(105)
|
(27)
|
66
|
65
|
192
|
113
|
19
|
20
|
(26)
|
|
Total Other Income |
2
|
54
|
38
|
15
|
18
|
(36)
|
(10)
|
31
|
68
|
90
|
107
|
103
|
74
|
80
|
71
|
|
Pre-Tax Income |
(468)
N/A
|
(525)
-12%
|
(661)
-26%
|
(363)
+45%
|
(272)
+25%
|
(1 143)
-320%
|
(1 351)
-18%
|
(1 480)
-10%
|
(1 403)
+5%
|
(582)
+59%
|
(274)
+53%
|
(282)
-3%
|
(397)
-41%
|
(369)
+7%
|
(391)
-6%
|
|
Net Income | ||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
(468)
|
(525)
|
(662)
|
(364)
|
(274)
|
(1 145)
|
(1 353)
|
(1 482)
|
(1 405)
|
(583)
|
(275)
|
(283)
|
(398)
|
(370)
|
(392)
|
|
Net Income (Common) |
(468)
N/A
|
(525)
-12%
|
(662)
-26%
|
(364)
+45%
|
(274)
+25%
|
(1 145)
-318%
|
(1 353)
-18%
|
(1 482)
-10%
|
(1 405)
+5%
|
(583)
+59%
|
(275)
+53%
|
(283)
-3%
|
(398)
-41%
|
(370)
+7%
|
(392)
-6%
|
|
EPS (Diluted) |
-0.79
N/A
|
-0.87
-10%
|
-1.12
-29%
|
-0.56
+50%
|
-0.45
+20%
|
-1.83
-307%
|
-2.16
-18%
|
-2.3
-6%
|
-2.1
+9%
|
-0.88
+58%
|
-0.42
+52%
|
-0.43
-2%
|
-0.59
-37%
|
-0.54
+8%
|
-0.56
-4%
|