---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-262580"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:56:26.058765+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Offerpad Q3 revenue $132.7M, net loss $11.6M; liquidity over $75M, Q4 guide $100-125M

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-262580
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312525262580/0001193125-25-262580-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312525262580/d18006d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-262580
- JSON: https://secwatch.observer/filing/0001193125-25-262580.json
- Plain text: https://secwatch.observer/filing/0001193125-25-262580.txt

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