{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-193922","form_type":"8-K","ticker":"OPAD","cik":"0001825024","company_name":"Offerpad Solutions Inc.","filed_at":"2024-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.728059+00:00","generated_at":"2026-05-31T13:12:51.533370+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Offerpad Q2 revenue $251M, net loss -$13.8M; Q3 guidance for sequential EBITDA improvement","bullets":["Revenue $251.1M, down 12% QoQ but up 9% YoY; net loss -$13.8M improved 38% YoY.","Gross margin 8.7%, third consecutive quarterly improvement; gross profit per home $29.5k (+10% QoQ).","Adjusted EBITDA -$4.4M, improved 74% YoY; contribution profit after interest per home $14.5k vs -$2.9k YoY.","Renovate segment revenue $4.9M, up 306% YoY; added Fannie Mae and Freddie Mac as clients.","Q3 outlook: 550-650 homes sold, revenue $185-225M, sequential Adj. EBITDA improvement expected."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-193922","json":"https://secwatch.observer/filing/0001193125-24-193922.json","markdown":"https://secwatch.observer/filing/0001193125-24-193922.md","text":"https://secwatch.observer/filing/0001193125-24-193922.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825024/000119312524193922/0001193125-24-193922-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825024/000119312524193922/d860459d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:12:51.533370+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}