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OP

Opendoor Technologies Inc.

OPENReal EstateNASDAQ

Real Estate Services · Last scanned May 30, 2026

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Financials · Annual
Revenue
$4.37B
-15.2% YoY
Net Income
-$1.30B
-231.6% YoY
EBITDA
-$1.12B
-447.8% YoY
Free Cash Flow
$1.18B

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About Opendoor Technologies Inc.

Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States. The $4.86B market capitalization puts OPEN squarely in mid-cap range for its industry. It buys and sells homes through online e-commerce platform.

Key stats
Market Cap$4.86B
Fwd P/E-425.68
EPS$-1.76
52W Change+744.2%
ROE-173.6%
Analysis

Opendoor Technologies Inc. carries $1.34B in total debt against $999.0M in cash reserves — debt is modestly above the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $1.18B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at -173.6%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has pulled back from $15.57B (2022) to $4.37B (2025), a 72% decline worth watching.

As with any equity investment, OPEN carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Opendoor Technologies Inc. and its sector.

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