---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-250632"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:16:43.555471+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Offerpad Q3 net loss narrows 32% YoY to $13.5M; revenue $208.1M (-11% YoY)

## Summary
- Net loss improved 32% to $13.5M ($0.49 diluted EPS); Adjusted EBITDA loss improved 53% to $6.2M.
- Revenue $208.1M, down 11% YoY; homes sold 615 (-13%), homes acquired 422 (-55%).
- Gross profit per home sold $27.9k (-18% YoY); contribution profit after interest per home sold $12.4k (-54% YoY).
- Q4 2024 outlook: homes sold 480-540, revenue $160M-$185M, adjusted EBITDA slightly lower.

## SEC filing metadata
- accession: 0001193125-24-250632
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312524250632/0001193125-24-250632-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312524250632/d844316d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-250632
- JSON: https://secwatch.observer/filing/0001193125-24-250632.json
- Plain text: https://secwatch.observer/filing/0001193125-24-250632.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.