---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-163477"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2025-07-23T23:59:59+00:00"
generated_at: "2026-05-18T03:36:33.715315+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Offerpad reports preliminary Q2 revenue $160.3M, net loss $10.9M; $15M debt facility

## Summary
- Revenue of $160.3M, net loss of $(10.9)M, Adjusted EBITDA loss of $(4.8)M for Q2 2025.
- Sold 452 homes in Q2; cash and equivalents of $22.7M as of June 30, 2025.
- Non-binding term sheet for $15M revolving debt facility at 8.50% interest, 3-year term, subject to final docs.

## SEC filing metadata
- accession: 0001193125-25-163477
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2025-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312525163477/0001193125-25-163477-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312525163477/d947007d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-163477
- JSON: https://secwatch.observer/filing/0001193125-25-163477.json
- Plain text: https://secwatch.observer/filing/0001193125-25-163477.txt

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