Opendoor Technologies Inc
NASDAQ:OPEN
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Gross Margin
Opendoor Technologies Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 1.4B USD |
Gross Margin |
9%
|
Country | US |
Market Cap | 41.4B USD |
Gross Margin |
20%
|
Country | CN |
Market Cap | 171.3B HKD |
Gross Margin |
27%
|
Country | US |
Market Cap | 18.9B USD |
Gross Margin |
76%
|
Country | US |
Market Cap | 12.5B USD |
Gross Margin |
0%
|
Country | CA |
Market Cap | 12.1B CAD |
Gross Margin |
33%
|
Country | CA |
Market Cap | 10.2B CAD |
Gross Margin |
40%
|
Country | US |
Market Cap | 3.5B USD |
Gross Margin |
18%
|
Country | UK |
Market Cap | 3.3B USD |
Gross Margin |
18%
|
Country | US |
Market Cap | 2.6B USD |
Gross Margin |
99%
|
Country | HK |
Market Cap | 17B HKD |
Gross Margin |
16%
|
Opendoor Technologies Inc
Glance View
Opendoor Technologies, Inc. operates as an online platform for buying, selling and trading-in residential properties. The company is headquartered in Tempe, Arizona and currently employs 2,816 full-time employees. The company went IPO on 2020-12-18. The firm is primarily engaged in the process of buying and selling a home digitally, where sellers uses opendoor.com, receives an offer, and sign and choose their closing date and buyers uses the Opendoor app, tour and visit both Opendoor and non-Opendoor homes, and make an offer, all through a mobile device. The firm acquires homes directly from individual sellers and resells those homes to buyers. Upon acquiring a home, it typically makes necessary renovations and repairs before listing it for sale on its Website, its mobile app, Multiple Listing Services (MLS) and other online real estate portals. Its product and service offerings include Opendoor Complete, Sell to Opendoor, Buy with Opendoor, Opendoor Home Loans, and Title and Escrow. The company operates approximately 44 markets across the United States.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Opendoor Technologies Inc's most recent financial statements, the company has Gross Margin of 8.5%.