---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-033395"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T15:08:12.525342+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Offerpad reports Q4 2024 revenue $174.3M, net loss $17.3M; FY2024 net loss improves 47% to $62.2M

## Summary
- Q4 2024: homes sold 503 (-29% YoY), revenue $174.3M (-28%), net loss $17.3M.
- FY2024 net loss $62.2M improved 47% from $117.2M; adjusted EBITDA improved 65% to -$29.2M.
- Gross profit per home sold FY2024 $26.7k (up 40% YoY); contribution profit after interest $11.5k.
- Operating expenses fell 32% to $118.2M; Renovate revenue >$18M in 2024, up 49% YoY.
- Q1 2025 outlook: homes sold 450-500, revenue $150M-$170M, adjusted EBITDA 'slightly better'.

## SEC filing metadata
- accession: 0001193125-25-033395
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312525033395/0001193125-25-033395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312525033395/d931901d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-033395
- JSON: https://secwatch.observer/filing/0001193125-25-033395.json
- Plain text: https://secwatch.observer/filing/0001193125-25-033395.txt

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