Source-grounded facts extracted from Opendoor Technologies Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Opendoor Technologies Inc. reported first quarter ended March 31, 2026 results: revenue $ 720, net income $ (173).
“and June 30, 2025. First Quarter 2026 Key Highlights Three Months Ended (In millions, except percentages and non-dollar amounts) March 31, 2026 March 31, 2025 Change Revenue $ 720 $ 1,153 $ (433) Gross profit $ 72 $ 99 $ (27) Gross Margin 10.0 % 8.6 % Net loss $ (173) $ (85) $ (88) Homes sold 1,921 2,946 (1,025) Homes purchased 2,474 3,609 (1,135) Homes in”
Opendoor Technologies Inc. entered into Warrant Agreement with Equiniti Trust Company, LLC (effective 2025-11-21).
“Warrant Agreement, dated as of November 21, 2025, between the Company and Equiniti Trust Company, LLC, as Warrant Agent (the “Warrant Agreement”)”
Opendoor Technologies Inc. issued 150,375 shares of Common Stock of common stock to certain other purchasers for aggregate investment of $1 million.
“On September 10, 2025, Opendoor Technologies Inc. (the “ Company ”) entered into Stock Purchase Agreements with Khosla Ventures Opportunity III, LP (the “ Khosla Ventures Purchase Agreement ”), Eric Wu (the “ Eric Wu Purchase Agreement ”) and certain other purchasers (the “ Other Purchase Agreements ” and together with the Khosla Ventures Purchase Agreement and the Eric Wu Purchase Agreement, the “ Purchase Agreements ”). Pursuant to the terms of the Purchase Agreements, Khosla Ventures Opportunity III, LP agreed to purchase 5,263,158 shares of common stock of the Company, par value of $0.0001 per share (the “ Common Stock ”) for an aggregate investment of $35 million in a private offering, Eric Wu agreed to purchase 751,879 shares of Common Stock for an aggregate investment of $5 million in a private offering, and certain other purchasers agreed to purchase 150,375 shares of Common Stock for an aggregate investment of $1 million in a private offering (collectively, the “ PIPE Transact”
Opendoor Technologies Inc. issued 751,879 shares of Common Stock of common stock to Eric Wu for aggregate investment of $5 million.
“On September 10, 2025, Opendoor Technologies Inc. (the “ Company ”) entered into Stock Purchase Agreements with Khosla Ventures Opportunity III, LP (the “ Khosla Ventures Purchase Agreement ”), Eric Wu (the “ Eric Wu Purchase Agreement ”) and certain other purchasers (the “ Other Purchase Agreements ” and together with the Khosla Ventures Purchase Agreement and the Eric Wu Purchase Agreement, the “ Purchase Agreements ”). Pursuant to the terms of the Purchase Agreements, Khosla Ventures Opportunity III, LP agreed to purchase 5,263,158 shares of common stock of the Company, par value of $0.0001 per share (the “ Common Stock ”) for an aggregate investment of $35 million in a private offering, Eric Wu agreed to purchase 751,879 shares of Common Stock for an aggregate investment of $5 million in a private offering, and certain other purchasers agreed to purchase 150,375 shares of Common Stock for an aggregate investment of $1 million in a private offering (collectively, the “ PIPE Transact”
Opendoor Technologies Inc. issued 5,263,158 shares of Common Stock of common stock to Khosla Ventures Opportunity III, LP for aggregate investment of $35 million.
“On September 10, 2025, Opendoor Technologies Inc. (the “ Company ”) entered into Stock Purchase Agreements with Khosla Ventures Opportunity III, LP (the “ Khosla Ventures Purchase Agreement ”), Eric Wu (the “ Eric Wu Purchase Agreement ”) and certain other purchasers (the “ Other Purchase Agreements ” and together with the Khosla Ventures Purchase Agreement and the Eric Wu Purchase Agreement, the “ Purchase Agreements ”). Pursuant to the terms of the Purchase Agreements, Khosla Ventures Opportunity III, LP agreed to purchase 5,263,158 shares of common stock of the Company, par value of $0.0001 per share (the “ Common Stock ”) for an aggregate investment of $35 million in a private offering, Eric Wu agreed to purchase 751,879 shares of Common Stock for an aggregate investment of $5 million in a private offering, and certain other purchasers agreed to purchase 150,375 shares of Common Stock for an aggregate investment of $1 million in a private offering (collectively, the “ PIPE Transact”
Opendoor Technologies Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
“May 28, 2025, Opendoor Technologies Inc. (the “Company”) received written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s common stock, par value $0.0001 per share (the “Common Stock”), has fallen below $1.00 per share for 30 consecutive business days, the Company no longer meets the minimum bid price requirement for continued listing on the Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”). The N”
Opendoor Technologies Inc. incurred convertible notes of $325.0 million aggregate principal amount with U.S. Bank Trust Company, National Association, as trustee at 7.000% per annum maturing May 15, 2030.
“On May 16, 2025, Opendoor Technologies Inc. (the “Company”) consummated (the “Closing”) the previously announced privately negotiated exchange and subscription transactions, pursuant to which it issued $325.0 million aggregate principal amount of its 7.000% Convertible Senior Notes due 2030 (the “Notes”), consisting of (a) approximately $245.8 million principal amount of Notes issued in exchange for approximately $245.8 million principal amount of the Company’s 0.25% Convertible Senior Notes due 2026 (the “2026 Notes”), and (b) approximately $79.2 million principal amount of Notes issued for cash, in each case, pursuant to exemptions from registration under the Securities Act of 1933, as amended (the “Securities Act”), and the rules and regulations thereunder.”
Christy Schwartz departed as Chief Accounting Officer at Opendoor Technologies Inc..
“Christy Schwartz, the Company’s interim Chief Financial Officer who will resign from such position on November 4, 2024, but will continue as the Company’s Chief Accounting Officer”
Selim F. Freiha was appointed as Chief Financial Officer at Opendoor Technologies Inc..
“On October 1, 2024 Opendoor Technologies Inc. (the “Company”) announced the appointment of Selim F. Freiha as the Chief Financial Officer of the Company effective as of November 4, 2024”
David Benson was appointed as Director at Opendoor Technologies Inc..
“On September 11, 2024, the Board of Directors (the “Board”) of Opendoor Technologies Inc. (the “Company”) approved the appointment of David Benson to the Board, effective immediately.”
Opendoor Technologies Inc. reported the first quarter ended March 31, 2024 results: revenue $1.2 billion, net income $(109) million.
“the future of real estate, empowering consumers to sell and buy with ease through a simple, certain, and transparent offering.” First Quarter 2024 Key Highlights • Revenue of $1.2 billion, down (62)% versus 1Q23 and up 36% versus 4Q23; with 3,078 total homes sold, down (63)% versus 1Q23 and up 30% versus 4Q23 • Gross profit of $114 million, versus $170 million in”
Eric Feder was appointed as Class III director at Opendoor Technologies Inc..
“On April 30, 2024, the Board approved the appointment of Eric Feder to the Board, effective as of May 1, 2024.”
Jason Kilar resigned as Director at Opendoor Technologies Inc..
“On April 30, 2024, Jason Kilar provided a written notice to Opendoor Technologies Inc. (the “Company”) of his intent to resign from the Board of Directors (the “Board”), and all committees thereof, as applicable, effective at the conclusion of the Company’s annual meeting of stockholders on June 14, 2024.”
Opendoor Technologies Inc. reported year ended December 31, 2023 results: revenue $6.9 billion, net income $(275) million.
“Full Year 2023 Key Highlights • Revenue of $6.9 billion, down (55)% versus 2022; with 18,708 total homes sold, down (52)% versus 2022 • Gross profit of $487 million, versus $667 million in 2022; Gross Margin of 7.0% versus 4.3% in 2022 • Net loss of $(275) million, versus $(1.4) billion in 2022”
Opendoor Technologies Inc. reported fourth quarter ended December 31, 2023 results: revenue $870 million, net income $(91) million.
“The progress we made in 2023 can be seen in our fourth quarter results, where we outperformed guidance on all metrics: ● Purchased 3,683 homes, an increase of 17% quarter-over-quarter and above our prior expectations of approximately 1,000 homes per month. ● Sold 2,364 homes and generated $870 million of revenue, a decrease of 11% quarter-over-quarter and above our guidance range of $800 million to $850 million. ● Delivered Gross Profit of $72 million, representing an 8.3% Gross Margin. Contribution Profit was $30 million, representing a 3.4% Contribution Margin, ahead of our implied Contribution Margin guidance range of 1.9% to 2.9%. ● Recognized Net Loss of $(91) million and Adjusted Net Loss of $(97) million. Adjusted EBITDA Loss was $(69) million, ahead of our guidance range of $(105) million to $(95) million, driven by Contribution Margin outperformance and ongoing cost discipline.”
Eric Wu resigned as President, Marketplace at Opendoor Technologies Inc..
“On December 14, 2023, Eric Wu notified the Board of Directors (the “Board”) of Opendoor Technologies Inc. (the “Company”) of his intent to resign as the Company’s President, Marketplace and from the Board, effective January 1, 2024.”
Opendoor Technologies Inc. reported the third quarter ended September 30, 2023 results: revenue $980 million, net income $(106) million.
“we have a significant opportunity ahead of us and remain steadfast in our mission to power life’s progress, one move at a time.” Third Quarter 2023 Key Highlights • Revenue of $980 million, down (71)% versus 3Q22 and down (50)% versus 2Q23; with 2,687 total homes sold, down (68)% versus 3Q22 and down (50)% versus 2Q23 • Gross profit (loss) of $96 million, versus”
Dana Hamilton was appointed as Director at Opendoor Technologies Inc..
“On November 1, 2023, the Board approved the appointment of Dana Hamilton, effective immediately.”
Jonathan Jaffe resigned as Director at Opendoor Technologies Inc..
“On October 31, 2023, Jonathan Jaffe provided a written notice to Opendoor Technologies Inc. (the “Company”) of his intent to resign from the Board of Directors (the “Board”), effective December 31, 2023.”
Opendoor Technologies Inc. reported second quarter ended June 30, 2023 results: revenue $2.0 billion, net income $23 million. Guidance initiated.
“cycle more resilient and positioned for market leadership and long-term profitability”, said Carrie Wheeler, CEO of Opendoor. Second Quarter 2023 Key Highlights • Revenue of $2.0 billion, down (53)% versus 2Q22 and down (37)% versus 1Q23; with 5,383 total homes sold, down (49)% versus 2Q22 and down (35)% versus 1Q23 • Gross profit of $149 million; Gross Margin of”
Opendoor Technologies Inc. shareholders approved Advisory (non-binding) approval of the compensation of the Company's named executive officers at the 2023-06-14 meeting.
“Proposal No. 3: The Company’s stockholders approved, on an advisory (non-binding) basis, the compensation of the Company's named executive officers. The result of such vote was as follows: For Against Abstain Broker Non-Votes 252,321,902 82,998,452 2,495,797 120,313,629”
Opendoor Technologies Inc. shareholders approved Ratification of Deloitte & Touche LLP as the Company’s independent auditor for the fiscal year ending December 31, 2023 at the 2023-06-14 meeting.
“Proposal No. 2: The Company’s stockholders ratified Deloitte & Touche LLP as the Company’s independent auditor for the fiscal year ending December 31, 2023. The result of such vote was as follows: For Against Abstain Broker Non-Votes 455,921,181 954,575 1,254,024 0”
Opendoor Technologies Inc. shareholders approved Election of Class III Directors (Jason Kilar, Carrie Wheeler, Eric Wu) to serve a three-year term ending at the 2026 Annual Meeting at the 2023-06-14 meeting.
“Proposal No. 1: The Company’s stockholders elected each of Jason Kilar, Carrie Wheeler and Eric Wu as Class III Directors, to serve a three-year term ending at the 2026 Annual Meeting of Stockholders, or until their successors are duly elected and qualified, subject to their earlier removal or resignation. The result of such vote was as follows: Nominees For Withhold Broker Non-Votes Jason Kilar 269,998,944 67,817,207 120,313,629 Carrie Wheeler 335,943,964 1,872,187 120,313,629 Eric Wu 326,669,316 11,146,835 120,313,629”
Opendoor Technologies Inc. reported 2Q23 results: revenue $1.75 billion to $1.85 billion. Guidance initiated.
“• 2Q23 revenue guidance of $1.75 billion to $1.85 billion • 2Q23 Adjusted EBITDA 1 guidance of $(180) million to $(200) million”
Opendoor Technologies Inc. reported first quarter ended March 31, 2023 results: revenue $3.1 billion, net income $(101) million.
“• Revenue of $3.1 billion, down (39)% versus 1Q22; with 8,274 total homes sold, down (35)% versus 1Q22 • Gross profit of $170 million, which reflects an inventory valuation adjustment on homes remaining in inventory at quarter end of $23 million; Gross Margin of 5.4%, versus 10.4% in 1Q22 • Net (loss) income of $(101) million, versus $28 million in 1Q22”
Opendoor Technologies Inc. reported Full Year 2022 results: revenue $15.6 billion, net income $(1.4) billion. Guidance initiated.
“Full Year 2022 Key Highlights • Total revenue of $15.6 billion, up 94% versus 2021; with 39,183 homes sold, up 80% versus 2021 • Gross profit of $667 million, which reflects an inventory valuation adjustment on homes remaining in inventory at year end of $458 million; Gross Margin of 4.3% versus 9.1% in 2021 • Net loss of $(1.4) billion, versus $(662) million in 2021”
Opendoor Technologies Inc. reported Fourth Quarter 2022 results: revenue $2.9 billion, net income $(399) million. Guidance initiated.
“Fourth Quarter 2022 Key Highlights • Revenue of $2.9 billion, down (25)% versus 4Q21; with 7,512 total homes sold, down (23)% versus 4Q21 • Gross profit of $71 million, which reflects an inventory valuation adjustment on homes remaining in inventory at year end of $73 million; Gross Margin of 2.5%, versus 7.1% in 4Q21 • Net loss of $(399) million, versus $(191) million in 4Q21”
Daniel Morillo resigned as Chief Investment Officer at Opendoor Technologies Inc..
“On February 21, 2023, Opendoor Technologies Inc. (the “Company”) accepted Daniel Morillo’s resignation from his position as the Chief Investment Officer of the Company effective immediately.”
Opendoor Technologies Inc.: Amended and restated bylaws to address universal proxy rules and require non-white proxy cards for stockholder solicitations, plus technical changes (effective 2023-01-23).
“Effective as of January 23, 2023, the Board of Directors (the “Board”) of Opendoor Technologies Inc. (the “Company”) approved and adopted an amendment and restatement of the Company’s bylaws (as so amended, the “Bylaws”). Among other things, the amendments effected by the Bylaws: • address the universal proxy rules adopted by the U.S. Securities and Exchange Commission by clarifying that no person may solicit proxies in support of a director nominee other than the Board’s nominees unless such person has complied with Rule 14a-19 under the Securities Exchange Act of 1934, as amended, including applicable notice and solicitation requirements; and • require that a stockholder directly or indirectly soliciting proxies from other stockholders use a proxy card color other than white, which shall be reserved for exclusive use by the Board. The Bylaws also include certain technical, conforming, modernizing and clarifying changes.”
Eric Wu was appointed as President, Marketplace at Opendoor Technologies Inc..
“replacing Eric Wu who resigned from his position as the Chief Executive Officer to be appointed as the Company's President, Marketplace effective as of December 1, 2022”
Carrie Wheeler was appointed as Director at Opendoor Technologies Inc..
“Ms. Wheeler was also appointed to the Board of Directors of the Company (the “Board”), effective December 1, 2022”
Carrie Wheeler was appointed as Chief Executive Officer at Opendoor Technologies Inc..
“On December 1, 2022, Opendoor Technologies Inc. (the “Company”) appointed Carrie Wheeler as the Chief Executive Officer of the Company effective as of December 1, 2022”
Opendoor Technologies Inc. reported third quarter ended September 30, 2022 results: revenue $3.4 billion, net income $(928) million. Guidance initiated.
“better, more efficient, and more transparent marketplace, we can improve the experience and outcomes for both buyers and sellers.” Third Quarter 2022 Key Highlights • Revenue of $3.4 billion, up 48% versus 3Q21; with 8,520 total homes sold, up 42% versus 3Q21 • Gross (loss) profit of $(425) million, which reflects an inventory valuation adjustment of $573 million,”
Vanessa Gage was appointed as Interim Head of Legal at Opendoor Technologies Inc..
“Vanessa Gage, the Company's Deputy General Counsel, will serve as Interim Head of Legal beginning on September 1, 2021.”
Elizabeth Stevens resigned as Head of Legal at Opendoor Technologies Inc..
“On July 27, 2021, Elizabeth Stevens notified Opendoor Technologies Inc. (the “Company”) of her resignation as the Company's Head of Legal, effective September 1, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.