Opendoor Technologies Past Earnings Performance
Past criteria checks 0/6
Opendoor Technologies's earnings have been declining at an average annual rate of -29.1%, while the Real Estate industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 31.9% per year.
Key information
-29.1%
Earnings growth rate
27.7%
EPS growth rate
| Real Estate Industry Growth | 27.7% |
| Revenue growth rate | 31.9% |
| Return on equity | -28.4% |
| Net Margin | -4.0% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Positive Sentiment Still Eludes Opendoor Technologies Inc. (NASDAQ:OPEN) Following 29% Share Price Slump
Apr 26
Are Investors Undervaluing Opendoor Technologies Inc. (NASDAQ:OPEN) By 40%?
Mar 15Opendoor Remains Attractive For Opportunistic Investors Looking For The Great Upside
Mar 02Opendoor Technologies: Fortune Favors The Bold
Feb 25Lacklustre Performance Is Driving Opendoor Technologies Inc.'s (NASDAQ:OPEN) 28% Price Drop
Jan 18Analysts Just Made A Major Revision To Their Opendoor Technologies Inc. (NASDAQ:OPEN) Revenue Forecasts
Nov 07Opendoor Trading Below Liquidation Value; Still Not A Buy
Oct 17Opendoor: A Generational Buy For Bold, Contrarian, Long-Term Investors
Sep 26Opendoor: A Real Estate Crash Likely Awaits Us All
Sep 14Is Opendoor Busted?
Aug 23Opendoor Technologies: Near-Term Challenges, Long-Term Opportunities
Aug 09Analysts Are More Bearish On Opendoor Technologies Inc. (NASDAQ:OPEN) Than They Used To Be
Aug 07Opendoor Technologies: Rising Mortgage Rates; Lowering Expectations
Jul 05Why did Opendoor Technologies stock drop today? Home price growth in question
Jun 29Opendoor: H2 2022 Is The Real Question In The Midst Of Slowing Demand
Jun 01Opendoor Is At An Inflection Point
May 23Opendoor Is The Ultimate Stock For A High Inflation Environment
May 05Opendoor: Opportunity Seldom Knocks Twice
Apr 13Estimating The Fair Value Of Opendoor Technologies Inc. (NASDAQ:OPEN)
Apr 02Opendoor: The Good, The Bad, And The Ugly
Mar 30Opendoor: All Aboard The Roller Coaster
Mar 21Analysts' Revenue Estimates For Opendoor Technologies Inc. (NASDAQ:OPEN) Are Surging Higher
Mar 07Opendoor: The Art Of Winning An Unfair Game
Feb 25Opendoor: Low-Margin, Asset-Intensive Businesses Can Succeed
Feb 10Hit A Homerun With Opendoor
Feb 03Opendoor Revisited
Jan 15It's Time To Slam The Door Shut On Opendoor
Jan 07Revenue & Expenses BreakdownBeta
How Opendoor Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 6,946 | -275 | 691 | 158 |
| 30 Sep 23 | 8,933 | -583 | 771 | 163 |
| 30 Jun 23 | 11,314 | -1,405 | 984 | 161 |
| 31 Mar 23 | 13,536 | -1,482 | 1,227 | 166 |
| 31 Dec 22 | 15,567 | -1,353 | 1,352 | 166 |
| 30 Sep 22 | 16,532 | -1,145 | 1,477 | 152 |
| 30 Jun 22 | 15,437 | -274 | 1,376 | 140 |
| 31 Mar 22 | 12,425 | -364 | 1,250 | 122 |
| 31 Dec 21 | 8,021 | -662 | 1,163 | 131 |
| 30 Sep 21 | 4,448 | -525 | 888 | 109 |
| 30 Jun 21 | 2,520 | -549 | 711 | 95 |
| 31 Mar 21 | 2,074 | -461 | 500 | 88 |
| 31 Dec 20 | 2,583 | -253 | 320 | 55 |
| 30 Sep 20 | 3,590 | -291 | 380 | 59 |
| 30 Jun 20 | 4,462 | -300 | 441 | 60 |
| 31 Mar 20 | 4,859 | -324 | 487 | 55 |
| 31 Dec 19 | 4,741 | -341 | 498 | 51 |
| 31 Dec 18 | 1,838 | -249 | 269 | 28 |
| 31 Dec 17 | 711 | -85 | 112 | 16 |
Quality Earnings: OPEN is currently unprofitable.
Growing Profit Margin: OPEN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OPEN is unprofitable, and losses have increased over the past 5 years at a rate of 29.1% per year.
Accelerating Growth: Unable to compare OPEN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OPEN is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-3.8%).
Return on Equity
High ROE: OPEN has a negative Return on Equity (-28.44%), as it is currently unprofitable.