earnings
confidence high
sentiment negative
materiality 0.70
Offerpad Q1 revenue $80.1M, down 50% YoY; net loss narrows to $10.1M
Offerpad Solutions Inc.
2026-Q1 EPS reported
-$0.22
revenue$80,075,000
- Revenue $80.1M (-50% YoY); total transactions 263 (-49% YoY).
- Net loss $10.1M (improved from $15.1M loss); diluted EPS -$0.22 vs -$0.55.
- Adjusted EBITDA -$6.7M (improved from -$7.8M); gross profit per home sold $26,300 (+15%).
- Q2 2026 outlook: revenue $80M-$90M, transactions 300-350, Adj. EBITDA to improve sequentially.
- Referral volume in Brokerage Services Q1 exceeded full-year 2025; target to exit 2026 at ~1,000 quarterly transactions.