OPEN, OPENL, OPENW, OPENZ · CIK 0001801169 · operating
Opendoor Technologies operates a digital platform that facilitates residential real estate transactions across the United States. The company functions as an iBuyer, purchasing homes directly from sellers through its online platform and subsequently reselling them to buyers. Beyond its core home-buying and selling operations, Opendoor provides ancillary real estate services including brokerage, title insurance and settlement services, escrow services, property and casualty insurance, real estate licensing, and construction services.
The company generates revenue from multiple sources within the residential real estate transaction lifecycle. Primary revenue derives from home purchase and sale spreads, while supplementary streams include fees from brokerage activities, title and settlement services, and insurance products. The platform operates with approximately 1,042 full-time employees and maintains its headquarters in Tempe, Arizona, with a market capitalization of $5.2 billion as of the current valuation. Opendoor was incorporated in 2013 and originally completed its public listing through a merger with Social Capital Hedosophia Holdings Corp. II.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-1.70 | $-1.70 | -203.6% | |
| 2024 | $-0.56 | $-0.56 | -33.3% | |
| 2023 | $-0.42 | $-0.42 | +80.6% | |
| 2022 | $-2.16 | $-2.16 | -92.9% | |
| 2021 | $-1.12 | $-1.12 | -128.6% | |
| 2020 | $-0.49 | $-0.49 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-19 | 0001801169-26-000010 | SEC ↗ |
| 2024-12-31 | 2025-02-27 | 0001801169-25-000017 | SEC ↗ |
| 2023-12-31 | 2024-02-15 | 0001801169-24-000016 | SEC ↗ |
| 2022-12-31 | 2023-02-23 | 0001801169-23-000024 | SEC ↗ |
| 2021-12-31 | 2022-02-24 | 0001801169-22-000027 | SEC ↗ |
| 2020-12-31 | 2021-03-04 | 0001801169-21-000011 | SEC ↗ |