{"schema_version":"secwatch.filing_event.v1","accession":"0001801169-25-000073","form_type":"8-K","ticker":"OPEN","cik":"0001801169","company_name":"Opendoor Technologies Inc.","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.030902+00:00","generated_at":"2026-05-17T20:54:08.228254+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Opendoor Q2 2025: $1.6B revenue, first positive adjusted EBITDA $23M; expects housing weakness to persist","bullets":["Revenue $1.6B (+4% YoY); net loss $(29)M vs $(92)M YoY improvement.","Adjusted EBITDA $23M (first positive since 2022) vs $(5)M YoY; contribution margin 4.4%.","Sold 4,299 homes (+5% YoY); purchased 1,757 homes (-63% YoY) as acquisitions slow.","Inventory $1.5B (4,538 homes) down 32% YoY; expects sequential H2 volume declines.","Launched agent-led platform and Cash Plus product; transitioning business model."],"urls":{"canonical":"https://secwatch.observer/filing/0001801169-25-000073","json":"https://secwatch.observer/filing/0001801169-25-000073.json","markdown":"https://secwatch.observer/filing/0001801169-25-000073.md","text":"https://secwatch.observer/filing/0001801169-25-000073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801169/000180116925000073/0001801169-25-000073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801169/000180116925000073/open-20250805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T20:54:08.228254+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}