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.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Offerpad Solutions Inc. reported Q2 2026 results: revenue $80 million to $90 million. Guidance initiated.

Period: Q2 2026
Revenue: $80 million to $90 million
Guidance: initiated
Result: guidance update

Exact text from the filing

For the second quarter of 2026, Offerpad expects revenue in the range of $80 million to $90 million, with 300-350 real estate transactions (14-33% sequential increase), and anticipates Adjusted EBITDA to improve sequentially, reaching Adjusted EBITDA positive before the end of 2026.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Offerpad Solutions Inc. reported three months ended March 31, 2026 results: revenue $80.1 million, net income ($10.1 million), EPS ($0.22).

Period: three months ended March 31, 2026
Revenue: $80.1 million
Net income: ($10.1 million)
EPS: ($0.22)
Result: reported results

Exact text from the filing

OPAD) , a leading tech-enabled real estate solutions company, today reported financial results for the first quarter ended March 31, 2026. During the quarter, Offerpad generated $80.1 million in revenue and closed 263 real estate transactions. Results reflect continued execution against the Company’s 2026 priorities, including growing engagement across its

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Source: SEC EDGAR

accession 0001193125-26-197276

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