Opendoor Technologies Inc. financial data

Symbol
OPEN on Nasdaq
Industry
Real Estate Agents & Managers (For Others)
Location
410 N. Scottsdale Road, Suite 1600, Tempe, AZ
Fiscal year end
December 31
Former names
Social Capital Hedosophia Holdings Corp. II (to 12/18/2020)
Latest financial report
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.05K % +14.8%
Debt-to-equity 292 % -21.3%
Return On Assets -10.8 % +8.19%
Operating Margin -6.9 % -13.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 715M shares +6.72%
Common Stock, Shares, Outstanding 712M shares +6.44%
Entity Public Float 1.99B USD -18.2%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 705M shares +6.53%
Weighted Average Number of Shares Outstanding, Diluted 705M shares +6.53%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 4.94B USD -44.7%
Cost of Revenue 4.52B USD -46.5%
Research and Development Expense 154M USD -8.88%
Selling and Marketing Expense 414M USD -29.9%
General and Administrative Expense 189M USD +4.42%
Operating Income (Loss) -341M USD +37.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -369M USD +36.6%
Income Tax Expense (Benefit) 900K USD -10%
Net Income (Loss) Attributable to Parent -370M USD +36.5%
Earnings Per Share, Basic -0.54 USD/shares +41.9%
Earnings Per Share, Diluted -0.53 USD/shares +43%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 829M USD -28.2%
Marketable Securities, Current 8M USD -88.9%
Other Assets, Current 41M USD -12.8%
Assets, Current 3.26B USD -14.6%
Property, Plant and Equipment, Net 59M USD -13.2%
Operating Lease, Right-of-Use Asset 25M USD -7.41%
Intangible Assets, Net (Excluding Goodwill) 0 USD -100%
Goodwill 3M USD -25%
Other Assets, Noncurrent 61M USD +177%
Assets 3.41B USD -13.6%
Employee-related Liabilities, Current 18M USD -14.3%
Accrued Liabilities, Current 34M USD -27.7%
Liabilities, Current 721M USD +874%
Operating Lease, Liability, Noncurrent 19M USD -5%
Other Liabilities, Noncurrent 2M USD +100%
Liabilities 2.61B USD -10.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) -3.61B USD -11.4%
Stockholders' Equity Attributable to Parent 801M USD -21.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.36B USD -2.56%
Liabilities and Equity 3.41B USD -13.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -178M USD -108%
Net Cash Provided by (Used in) Financing Activities -98M USD +92.6%
Net Cash Provided by (Used in) Investing Activities 22M USD -26.7%
Common Stock, Shares Authorized 3B shares 0%
Common Stock, Shares, Issued 712M shares +6.44%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -254M USD -129%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.05B USD -55.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 34M USD -54.1%
Deferred Tax Assets, Valuation Allowance 718M USD +8.13%
Deferred Tax Assets, Gross 731M USD +8.14%
Operating Lease, Liability 24M USD -46.7%
Payments to Acquire Property, Plant, and Equipment 8M USD 0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -369M USD +36.3%
Lessee, Operating Lease, Liability, to be Paid 34M USD -45.2%
Property, Plant and Equipment, Gross 138M USD -13.2%
Operating Lease, Liability, Current 4M USD -33.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5M USD -50%
Lessee, Operating Lease, Liability, to be Paid, Year One 8M USD -27.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure +20.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10M USD -41.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4M USD -42.9%
Deferred Tax Assets, Operating Loss Carryforwards 541M USD +33.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 22M USD +10%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4M USD -42.9%
Additional Paid in Capital 4.41B USD +3.52%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 6M USD -14.3%
Depreciation, Depletion and Amortization 36M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 13M USD +8.33%
Share-based Payment Arrangement, Expense 123M USD +41.4%
Interest Expense 174M USD -55.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%