Opendoor Technologies Inc.OPEN

NasdaqReal EstateReal Estate Agents & Managers (For Others)
Price (close)
$2.53
Market cap
$2.5B
P/E
—
Revenue (TTM)
$3.3B
Net income
-$1.5B
Dividend yield
—
1-year total return
-72.2%
Net margin
-46.7%
Revenue growth
-37.2%
Debt / equity
—

What Opendoor Technologies Inc. does.

Our mission is to tilt the world in favor of homeowners, by making homeownership simpler, faster, and fairer for everyone.

We are a leading e-commerce platform for residential real estate transactions and the largest U.S. iBuyer. Since founding Opendoor in 2014, our goal has been to reinvent one of life's most important transactions by enabling homeowners to buy, sell, and move through a simple, certain, and largely digital experience. By leveraging artificial intelligence, data science and purpose-built software, we enable consumers to transact directly with Opendoor, eliminating traditional friction and intermediaries. Our platform combines product design and operations to create what we believe will be the future of how people buy or sell a home.

Residential real estate is the largest consumer category in the United States. In 2025 alone, more than four million existing homes were sold, representing approximately $1.7 trillion in transactions. Additionally, with approximately two-thirds of Americans living in a home they own, housing is the single largest consumer expenditure in the United States, ahead of transportation, food, insurance, and healthcare.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$2.6B$8.0B$15.6B$6.9B$5.2B$4.4B
Net income-$253.0M-$662.0M-$1.4B-$275.0M-$392.0M-$1.3B
Free cash flow$665.0M-$5.8B$693.0M$2.3B-$620.0M$1.0B

More on OPEN.

Figures from Opendoor Technologies Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.