---
schema_version: "secwatch.filing_event.v1"
accession: "0001801169-26-000019"
form_type: "8-K"
ticker: "OPEN"
cik: "0001801169"
company_name: "Opendoor Technologies Inc."
filed_at: "2026-08-04T20:12:17+00:00"
generated_at: "2026-08-04T20:13:09.283388+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Opendoor Q2 revenue $883M, down 44% YoY; net loss $162M; sees ANI profitability by year-end

## Summary
- Revenue $883M, down 44% YoY from $1,567M; gross margin improved to 9.7% from 8.2%.
- Net loss $162M vs $29M loss YoY; Adjusted EBITDA -$4M vs +$23M YoY.
- Homes purchased 4,378, up 149% YoY; marketing spend $5M vs $81M in Q2 2022 for similar volume.
- Contribution margin 5.8%, up 140bps YoY; contribution profit $51M, up 59% QoQ.
- Management expects to be ANI positive on a twelve-month go-forward basis by end of 2026.

## SEC filing metadata
- accession: 0001801169-26-000019
- form_type: 8-K
- ticker: OPEN
- cik: 0001801169
- company_name: Opendoor Technologies Inc.
- filed_at: 2026-08-04T20:12:17+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801169/000180116926000019/0001801169-26-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801169/000180116926000019/open-20260804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801169-26-000019
- JSON: https://secwatch.observer/filing/0001801169-26-000019.json
- Plain text: https://secwatch.observer/filing/0001801169-26-000019.txt

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