Opendoor Technologies Inc (OPEN)

From the record

Opendoor Technologies Inc's filings since 2020 show 3 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2025-05-30); an auditor change (8-K item 4.01, the latest 2020-12-18) (its current reports).

From the record

Opendoor Technologies Inc's 8 filed years say what it did: revenue went from $1.8 billion in fiscal 2018 to $4.4 billion in fiscal 2025, up 13.2% a year; it rose in 3 of 7 years; the deepest fall was 72% from fiscal 2022 to fiscal 2025; net income was positive in 0 of 8 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Opendoor Technologies Inc's diluted share count grew about 6.9% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 7 sales (5 under scheduled 10b5-1 plans) and 3 purchases of their own stock on the open market in the year to 2026-11-02, buying about $2 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Opendoor Technologies Inc lost about 129 cents for every dollar of shareholders' money, and gross profitability: its products earned about 15 cents per dollar of everything the company owns. Leverage: it owed about 58 cents per dollar of assets, and net share issuance: its share count grew 9.6% over the year (the filed statements).

From the record

Opendoor Technologies Inc's standing among 17 graded names in its industry family: revenue of $4.4 billion in fiscal 2025 ranks in the top 30% by size; a net margin of -29.7% ranks in the bottom 15%; revenue growth of -34.5% a year over the last 3 filed years ranks in the bottom 9% (its annual reports).

From the record

Opendoor Technologies Inc's leadership, from its insiders' filings and its current reports: the chief executive on the record is Nejatian, Kasra (Chief Executive Officer, as filed), filing under that title since 2025-09-17, 1.2 years (bottom 14% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 2.2 years (bottom 4%); 12 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 46%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Opendoor Technologies Inc's room to grow, from the newest filed statements (fiscal 2025): cash of $1.3 billion against no long-term debt tagged leaves 54.1% of its assets as net cash, top 9% of its family; cash from operations less capital spending is 23.7% of revenue (top 3%); a gross margin of 8% (top 50%); research spending of 1.8% of revenue (top 36%) (its annual report).

From the record

Opendoor Technologies Inc's growth drivers, from the filed years to fiscal 2025: revenue grew -34.5% a year over the last three filed years against 13.2% over all 8, slowing (bottom 3% of its family); the newest year grew -15.2% (bottom 9%); research spending grew -22.4% a year (bottom 31%); capital spending grew -31.3% a year (bottom 17%) (its annual reports). Opendoor Technologies Inc tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Opendoor Technologies Inc's newest year against its own record: revenue of $4.4 billion in fiscal 2025 came in 47.4% above the $3.0 billion its prior three years' pace pointed to (top 10% of its family); net income of $1.3 billion against a prior three-year average of $673 million (bottom 37%); a net margin of -29.7% against -6.8% before (bottom 10%) (its annual reports).