earnings
confidence high
sentiment neutral
materiality 0.70
Offerpad Q3 revenue $132.7M, net loss $11.6M; liquidity over $75M, Q4 guide $100-125M
Offerpad Solutions Inc.
2025-Q3 EPS reported
-$1.30
revenue$453,694,000
- Revenue $132.7M on 367 homes sold, down 36% YoY; gross margin 7.0%.
- Net loss $11.6M ($0.37 diluted EPS); Adjusted EBITDA loss $4.6M (improved 26% YoY).
- Total liquidity exceeds $75M; unrestricted cash $31.0M, up 37% sequentially.
- Renovate revenue hit record $8.5M; operating expenses improved 38% YoY.
- Q4 outlook: revenue $100-125M, 300-350 homes sold, Adj. EBITDA similar to Q3.