Opendoor Technologies Inc. financial data

Symbol
OPEN on Nasdaq
Industry
Real Estate Agents & Managers (For Others)
Location
410 N. Scottsdale Road, Suite 1600, Tempe, AZ
Fiscal year end
December 31
Former names
Social Capital Hedosophia Holdings Corp. II (to 12/18/2020)
Latest financial report
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 2.26K % +407%
Debt-to-equity 283 % -36.8%
Return On Assets -11.1 % +49%
Operating Margin -7.77 % +30.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 703M shares +6.65%
Common Stock, Shares, Outstanding 699M shares +6.31%
Entity Public Float 1.99B USD -18.2%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 693M shares +7.33%
Weighted Average Number of Shares Outstanding, Diluted 693M shares +3.94%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 4.54B USD -59.9%
Cost of Revenue 4.13B USD -63.6%
Research and Development Expense 166M USD -0.6%
Selling and Marketing Expense 403M USD -47.4%
General and Administrative Expense 191M USD -12.4%
Operating Income (Loss) -353M USD +72.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -397M USD +71.7%
Income Tax Expense (Benefit) 900K USD -55%
Net Income (Loss) Attributable to Parent -398M USD +71.7%
Earnings Per Share, Basic -0.59 USD/shares +73.7%
Earnings Per Share, Diluted -0.58 USD/shares +74.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 790M USD -29.5%
Marketable Securities, Current 19M USD -78.9%
Other Assets, Current 61M USD +64.9%
Assets, Current 3.25B USD -20.6%
Property, Plant and Equipment, Net 71M USD +14.5%
Operating Lease, Right-of-Use Asset 23M USD -17.9%
Intangible Assets, Net (Excluding Goodwill) 2M USD -77.8%
Goodwill 4M USD 0%
Other Assets, Noncurrent 23M USD -14.8%
Assets 3.37B USD -20.2%
Employee-related Liabilities, Current 18M USD -14.3%
Accrued Liabilities, Current 34M USD -27.7%
Liabilities, Current 393M USD +347%
Operating Lease, Liability, Noncurrent 18M USD -14.3%
Other Liabilities, Noncurrent 0 USD
Liabilities 2.53B USD -19.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) -3.53B USD -12.7%
Stockholders' Equity Attributable to Parent 845M USD -22.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.36B USD -2.56%
Liabilities and Equity 3.37B USD -20.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -178M USD -108%
Net Cash Provided by (Used in) Financing Activities -98M USD +92.6%
Net Cash Provided by (Used in) Investing Activities 22M USD -26.7%
Common Stock, Shares Authorized 3B shares 0%
Common Stock, Shares, Issued 699M shares +6.31%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -254M USD -129%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 911M USD -67.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 34M USD -54.1%
Deferred Tax Assets, Valuation Allowance 718M USD +8.13%
Deferred Tax Assets, Gross 731M USD +8.14%
Operating Lease, Liability 24M USD -46.7%
Payments to Acquire Property, Plant, and Equipment 8M USD 0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -396M USD +71.8%
Lessee, Operating Lease, Liability, to be Paid 34M USD -45.2%
Property, Plant and Equipment, Gross 151M USD +3.43%
Operating Lease, Liability, Current 4M USD -42.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5M USD -50%
Lessee, Operating Lease, Liability, to be Paid, Year One 8M USD -27.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure +20.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10M USD -41.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4M USD -42.9%
Deferred Tax Assets, Operating Loss Carryforwards 541M USD +33.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 22M USD +10%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4M USD -42.9%
Additional Paid in Capital 4.38B USD +3.67%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 7M USD 0%
Depreciation, Depletion and Amortization 37M USD -2.63%
Deferred Tax Assets, Net of Valuation Allowance 13M USD +8.33%
Share-based Payment Arrangement, Expense 129M USD +19.4%
Interest Expense 174M USD -55.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%