Filing Flows › Offerpad Solutions (OPAD) › Q3 2026 › vs Q3 2025
Offerpad Solutions (OPAD) Q3 2026 vs Q3 2025 (year over year)
Offerpad Solutions's revenue fell $54.6M (-41%) from $133M in Q3 2025 to $78.1M in Q3 2026. The biggest changes: Cash Offer −$50.6M (-41%); Business to Business Renovate −$3.3M (-39%); All Other Segments −$734K (-52%).
Offerpad Solutions, Q3 2026: revenue $78.1M (-41% year over year), operating margin -12.0%, net loss $11.5M, operating cash flow −$143M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Cash Offer | $72.2M | $123M | −$50.6M | -41% |
| Business to Business Renovate | $5.2M | $8.5M | −$3.3M | -39% |
| All Other Segments | $677K | $1.4M | −$734K | -52% |
| Revenue | $78.1M | $133M | −$54.6M | -41% |
| Net loss | $11.5M | $11.6M | −$152K | -1% |
| Costs & expenses | $89.5M | $144M | −$54.8M | -38% |
| Operating costs | $87.4M | $139M | −$52.0M | -37% |
| Interest & other, net | $2.1M | $4.5M | −$2.4M | -53% |
| Income tax | $10K | $380K | −$370K | -97% |
| Cost of revenue | $71.6M | $123M | −$51.8M | -42% |
| Research & development | $985K | $788K | $197K | +25% |
| Sales & marketing | $8.3M | $10.1M | −$1.8M | -18% |
| General & admin | $6.6M | $5.1M | $1.4M | +28% |
| Operating cash sources | $144M | −$38.9M | $183M | — |
| Depreciation | $300K | $200K | $100K | +50% |
| Share-based compensation | $986K | $815K | $171K | +21% |
| Cash used in operations | $143M | −$40.0M | $183M | — |
| Net loss absorbed | $11.5M | $11.6M | −$152K | -1% |
| Working capital & other | $132M | −$50.5M | $183M | — |
Questions
How much did Offerpad Solutions's revenue grow year over year in Q3 2026?
Offerpad Solutions's revenue fell $54.6M (-41%) from $133M in Q3 2025 to $78.1M in Q3 2026.
What drove Offerpad Solutions's revenue change in Q3 2026?
Cash Offer −$50.6M (-41%); Business to Business Renovate −$3.3M (-39%); All Other Segments −$734K (-52%).