Filing Flows

Filing Flows › Opendoor Technologies (OPEN) › Q2 2026 › vs Q2 2025

Opendoor Technologies (OPEN) Q2 2026 vs Q2 2025 (year over year)

Opendoor Technologies's revenue fell $684M (-44%) from $1.6B in Q2 2025 to $883M in Q2 2026.

Opendoor Technologies, Q2 2026: revenue $883M (-44% year over year), operating margin -16.3%, net loss $162M, operating cash flow −$718M. The chart draws each line against Q2 2025, the increases inside each band.

Opendoor Technologies: what changed, Q2 2026 vs Q2 2025Opendoor Technologies: what changed, Q2 2026 vs Q2 2025Operating cash sources$1.6BCash used in operations$1.5BWorking capital & other$1.5BCost of revenue−$642MOperating costs−$553MCosts & expenses−$551MNet loss$133MNet loss absorbed$133MGeneral & admin$107MShare-based compensation$106M

Every line

LineQ2 2026Q2 2025Change%
Revenue$883M$1.6B−$684M-44%
Net loss$162M$29.0M$133M+459%
Costs & expenses$1.0B$1.6B−$551M-35%
Operating costs$1.0B$1.6B−$553M-35%
Interest & other, net$18.0M$15.8M$2.2M+14%
Income tax$100K$200K−$100K-50%
Cost of revenue$797M$1.4B−$642M-45%
Research & development$27.0M$21.0M$6.0M+29%
Sales & marketing$65.0M$86.0M−$21.0M-24%
General & admin$135M$28.0M$107M+382%
Other operating costs$3.0M$6.0M−$3.0M-50%
Operating cash sources$845M−$798M$1.6B—
Depreciation & amortization$8.0M$12.0M−$4.0M-33%
Share-based compensation$119M$13.0M$106M+815%
Cash used in operations$718M−$823M$1.5B—
Net loss absorbed$162M$29.0M$133M+459%
Working capital & other$683M−$827M$1.5B—

Questions

How much did Opendoor Technologies's revenue grow year over year in Q2 2026?

Opendoor Technologies's revenue fell $684M (-44%) from $1.6B in Q2 2025 to $883M in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →