tradmap

OPENL Financials Opendoor Technologies Inc.

8 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 grown 11.1% per year over the past 5 years.
  • Operating margin has been roughly flat, at -6.6% in the latest year.
  • Free cash flow has grown 9.3% per year over the past 5 years.

Financial health

  • Operating income covered interest expense -2.2× in the latest year.
Revenue & net income
-$1B $7B $16B $0 2018 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-30% -10% 9% 0% 2018 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$6B -$2B $2B $0 2018 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $866M $2B 2018 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$6B $774M $7B $0 2018 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $4.4B -$1.3B 8.0% -6.6% $1.0B $962M
2024 $5.2B -$392M 8.4% -6.2% -$620M $671M
2023 $6.9B -$275M 7.0% -5.6% $2.3B $999M
2022 $15.6B -$1.4B 4.3% -6.0% $693M $1.1B
2021 $8.0B -$662M 9.1% -7.1% -$5.8B $1.7B
2020 $2.6B -$253M 8.5% -7.2% $665M $135M $1.4B
2019 $4.7B -$341M 6.3% -5.2% -$300M $405M
2018 $1.8B -$241M 7.3% -8.9% -$1.2B $262M

Valuation over time

How the market has priced OPENL against its own fundamentals since 2025-11 — 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 0.1 0.2 Nov '25 Dec '25 Jan '26 Feb '26 Mar '26 Apr '26 May '26 Jun '26
P/S

Frequently asked questions

Is OPENL growing its revenue and profit?

Over the past 5 years, Opendoor Technologies Inc.'s revenue has grown 11.1% per year. These are computed facts, not advice.

How much debt does OPENL have?

As of FY2025, Opendoor Technologies Inc. reported — of total debt against $962M of cash; operating income covered interest expense -2.2×.

What is OPENL's profit margin?

In FY2025, gross margin was 8.0%, operating margin -6.6%, and net margin -29.7%.

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.