Opendoor Q3 revenue $915M (-33% YoY), net loss $90M; new CEO targets breakeven by end of 2026

Opendoor Technologies Inc.

2025-Q3 EPS reported -$0.28 revenue$3,635,000,000

Revenue $915M (-33% YoY); gross profit $66M (7.2% margin); net loss $90M vs $78M.
Homes sold 2,568 (-29% YoY); homes purchased 1,169 (-67%); inventory 3,139 (-50%).
Adjusted EBITDA -$33M (margin -3.6%) vs -$38M; adjusted net loss -$61M vs -$70M.
CEO Kaz Nejatian targets breakeven Adjusted Net Income by end of 2026; plans include AI products and cost cuts.
Acquisition contracts improved from 120 homes in mid-Sep to 230 in late Oct.

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.