Offerpad Q2 revenue $77.7M, net loss narrows; gross margin highest since Q3 2023

Offerpad Solutions Inc.

Revenue $77.7M (down 52% YoY); net loss $9.3M vs $10.9M loss YoY; diluted EPS ($1.94) vs ($3.93).
Gross margin 9.2% (Q1: 6.9%), highest since Q3 2023; contribution profit per transaction $13,500, up from $5,500 in Q1.
Contract signings nearly doubled within Q2: 129 in April to 256 in June; pipeline expected to drive H2 volume.
Q3 2026 outlook: revenue $90M-$100M, 350-400 transactions, Adjusted EBITDA to improve sequentially.
Cash $33.1M (up 46% YoY); target exit 2026 at ~1,000 transactions/quarter and positive Adjusted EBITDA.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.