---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-197276"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:04:50.865478+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Offerpad Q1 revenue $80.1M, down 50% YoY; net loss narrows to $10.1M

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-197276
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1825024/000119312526197276/0001193125-26-197276-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312526197276/d112145d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-197276
- JSON: https://secwatch.observer/filing/0001193125-26-197276.json
- Plain text: https://secwatch.observer/filing/0001193125-26-197276.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312526197276/0001193125-26-197276-index.htm
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312526197276/0001193125-26-197276-index.htm

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