earnings
confidence high
sentiment negative
materiality 0.70
Offerpad Q2 revenue $160.3M, net loss $10.9M; raises $21M in July, liquidity >$75M
Offerpad Solutions Inc.
2025-Q2 EPS reported
-$0.94
revenue$321,013,000
- Revenue of $160.3M, homes sold 452; net loss of $10.9M ($0.39 diluted loss per share).
- Adjusted EBITDA loss of $4.8M, improving 39% sequentially from Q1 2025.
- Raised $21M in July 2025, primarily non-dilutive; total liquidity now exceeds $75M.
- HomePro now live in all markets; Renovate revenue hit record $6.4M in Q2.
- Q3 2025 outlook: revenue $140M-$160M, homes sold 400-440; expects sequential EBITDA improvement.
item 2.02item 9.01