earnings
confidence high
sentiment neutral
materiality 0.60
Opendoor Q1 2025: Revenue $1.2B, net loss narrows to $85M, adjusted EBITDA -$30M
Opendoor Technologies Inc.
2025-Q1 EPS reported
-$0.12
revenue$1,153,000,000
- Revenue $1,153M, down 2% YoY; sold 2,946 homes, down 4% YoY.
- Net loss $(85)M vs $(109)M in 1Q24; Adjusted Net Loss $(63)M.
- Adjusted EBITDA loss $(30)M, improving from $(50)M in 1Q24.
- Gross profit $99M (8.6% margin); Contribution Profit $54M (4.7%).
- Purchased 3,609 homes (+4% YoY); inventory 7,080 homes (+26% YoY).