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OPAD Financials Offerpad Solutions Inc.

7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 11.8% per year over the past 5 years.
  • Operating margin has contracted, at -5.9% in the latest year.
  • Free cash flow has declined 15.4% per year over the past 5 years.

Financial health

  • Operating income covered interest expense -2.5× in the latest year.
Revenue & net income
-$149M $2B $4B $0 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-9% 1% 10% 0% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$936M -$316M $304M $0 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $85M $170M 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$922M $78M $1B $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $568M -$46M 7.4% -5.9% $66M $27M
2024 $919M -$62M 7.9% -5.0% $15M $43M
2023 $1.3B -$117M 5.3% -7.9% $262M $76M
2022 $4.0B -$149M 4.6% -3.2% $304M $97M
2021 $2.1B $6M 10.0% 1.0% -$936M $170M
2020 $1.1B -$23M 8.2% -1.3% $152M $44M
2019 $1.1B -$52M 6.9% -3.1% -$110M $23M

Valuation over time

How the market has priced OPAD against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 0.2 0.4 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is OPAD growing its revenue and profit?

Over the past 5 years, Offerpad Solutions Inc.'s revenue has declined 11.8% per year. These are computed facts, not advice.

How much debt does OPAD have?

As of FY2025, Offerpad Solutions Inc. reported — of total debt against $27M of cash; operating income covered interest expense -2.5×.

What is OPAD's profit margin?

In FY2025, gross margin was 7.4%, operating margin -5.9%, and net margin -8.2%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.