Filing Flows

Filing Flows › Offerpad Solutions (OPAD) › Q2 2026 › vs Q2 2025

Offerpad Solutions (OPAD) Q2 2026 vs Q2 2025 (year over year)

Offerpad Solutions's revenue fell $82.7M (-52%) from $160M in Q2 2025 to $77.7M in Q2 2026. The biggest changes: Cash Offer −$80.3M (-53%); Business to Business Renovate −$1.6M (-26%); All Other Segments −$694K (-38%).

Offerpad Solutions, Q2 2026: revenue $77.7M (-52% year over year), operating margin -10.6%, net loss $9.3M, operating cash flow −$25.9M. The chart draws each line against Q2 2025, the increases inside each band.

Offerpad Solutions: what changed, Q2 2026 vs Q2 2025Offerpad Solutions: what changed, Q2 2026 vs Q2 2025Costs & expenses−$84.3MOperating costs−$82.2MCash Offer−$80.3MCost of revenue−$75.6MWorking capital & other$13.8MCash used in operations$12.4MOperating cash sources$12.1MSales & marketing−$5.6MInterest & other, net−$2.1MBusiness to Business Renovate−$1.6M

Every line

LineQ2 2026Q2 2025Change%
Cash Offer$71.7M$152M−$80.3M-53%
Business to Business Renovate$4.8M$6.4M−$1.6M-26%
All Other Segments$1.1M$1.8M−$694K-38%
Revenue$77.7M$160M−$82.7M-52%
Net loss$9.3M$10.9M−$1.6M-15%
Costs & expenses$86.9M$171M−$84.3M-49%
Operating costs$85.9M$168M−$82.2M-49%
Interest & other, net$1.0M$3.1M−$2.1M-67%
Income tax$16K$30K−$14K-47%
Cost of revenue$70.5M$146M−$75.6M-52%
Research & development$954K$986K−$32K-3%
Sales & marketing$7.6M$13.2M−$5.6M-42%
General & admin$6.8M$7.8M−$1.0M-13%
Operating cash sources$27.2M$15.0M$12.1M+81%
Depreciation$300K$300K$00%
Share-based compensation$1.0M$1.3M−$245K-19%
Cash used in operations$25.9M$13.5M$12.4M+92%
Net loss absorbed$9.3M$10.9M−$1.6M-15%
Working capital & other$17.9M$4.1M$13.8M+334%

Questions

How much did Offerpad Solutions's revenue grow year over year in Q2 2026?

Offerpad Solutions's revenue fell $82.7M (-52%) from $160M in Q2 2025 to $77.7M in Q2 2026.

What drove Offerpad Solutions's revenue change in Q2 2026?

Cash Offer −$80.3M (-53%); Business to Business Renovate −$1.6M (-26%); All Other Segments −$694K (-38%).

Q2 2026 results → · Compare in the interactive Sankey →