Offerpad Solutions Inc. Quarterly Interest Expense in USD from Q3 2020 to Q2 2024

Taxonomy & unit: us-gaap: USD
Description: Amount of the cost of borrowed funds accounted for as interest expense.
Summary: Offerpad Solutions Inc. quarterly/annual Interest Expense history and growth rate from Q3 2020 to Q2 2024.
Offerpad Solutions Inc. Interest Expense for the quarter ending June 30, 2024 was $4.58M, a 145% increase year-over-year.
Offerpad Solutions Inc. Interest Expense for the twelve months ending June 30, 2024 was $19M, a 52.8% decline year-over-year.
Offerpad Solutions Inc. annual Interest Expense for 2023 was $18.9M, a 59% decline from 2022.
Offerpad Solutions Inc. annual Interest Expense for 2022 was $46M, a 190% increase from 2021.
Offerpad Solutions Inc. annual Interest Expense for 2021 was $15.8M, a 58% increase from 2020.

Interest Expense, Trailing 12 Months (USD)

Interest Expense, Quarterly (USD)

Interest Expense, YoY Quarterly Growth (%)

Period	TTM Value	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
Q2 2024	$19M	$4.58M	+$2.71M	+145%	Apr 1, 2024	Jun 30, 2024	10-Q	2024-08-05
Q1 2024	$16.3M	$4.91M	-$2.53M	-34%	Jan 1, 2024	Mar 31, 2024	10-Q	2024-05-06
Q4 2023	$18.9M	$5.15M	-$9.98M	-65.9%	Oct 1, 2023	Dec 31, 2023	10-K	2024-02-27
Q3 2023	$28.8M	$4.41M	-$11.5M	-72.3%	Jul 1, 2023	Sep 30, 2023	10-Q	2023-11-01
Q2 2023	$40.3M	$1.87M	-$5.9M	-76%	Apr 1, 2023	Jun 30, 2023	10-Q	2024-08-05
Q1 2023	$46.2M	$7.43M	+$236K	+3.28%	Jan 1, 2023	Mar 31, 2023	10-Q	2024-05-06
Q4 2022	$46M	$15.1M	+$8.96M	+145%	Oct 1, 2022	Dec 31, 2022	10-K	2024-02-27
Q3 2022	$37M	$15.9M	+$10.4M	+189%	Jul 1, 2022	Sep 30, 2022	10-Q	2023-11-01
Q2 2022	$26.6M	$7.77M	+$5.51M	+244%	Apr 1, 2022	Jun 30, 2022	10-Q	2023-08-02
Q1 2022	$21.1M	$7.2M	+$5.28M	+275%	Jan 1, 2022	Mar 31, 2022	10-Q	2023-05-03
Q4 2021	$15.8M	$6.18M			Oct 1, 2021	Dec 31, 2021	10-K	2024-02-27
Q3 2021		$5.5M	+$4.18M	+319%	Jul 1, 2021	Sep 30, 2021	10-Q	2022-11-02
Q2 2021		$2.26M			Apr 1, 2021	Jun 30, 2021	10-Q	2022-08-03
Q1 2021		$1.92M			Jan 1, 2021	Mar 31, 2021	10-Q	2022-05-04
Q3 2020		$1.31M			Jul 1, 2020	Sep 30, 2020	10-Q	2021-11-10

* An asterisk sign (*) next to the value indicates that the value is likely invalid.