---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-064003"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:14:28.935062+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Offerpad Q4 2025 revenue $114.1M, net loss narrows to $8.8M; guides Q1 2026 $70-95M

## Summary
- Q4 2025 revenue $114.1M, down 35% YoY; net loss $8.8M ($0.24 EPS) vs loss $17.3M ($0.63) in Q4 2024.
- Adjusted EBITDA loss of $6.9M improved from $11.5M loss a year ago; gross profit per home sold up 22% to $25,700.
- Full-year 2025 Renovate revenue $27M, up ~50% YoY; four-solution platform expansion.
- Q1 2026 outlook: revenue $70M-$95M, 250-300 transactions; targeting EBITDA positive before year-end.
- Cash and equivalents $26.5M at Dec 31, 2025, down from $43M a year ago.

## SEC filing metadata
- accession: 0001193125-26-064003
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312526064003/0001193125-26-064003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312526064003/opad-20260223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-064003
- JSON: https://secwatch.observer/filing/0001193125-26-064003.json
- Plain text: https://secwatch.observer/filing/0001193125-26-064003.txt

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