# Opendoor Technologies Inc. (OPENW)

> Source: Nexqual · https://nexqual.com/OPENW · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Opendoor Technologies Inc. (OPENW), nexqual.com/OPENW" · informational, not investment advice.

**Price:** USD 0.09 (+75.15% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 0.05 · day 0.04–0.17 · 52w 0.04–1.81 · market cap null · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $3.25B, net income -$1.52B (-46.7% margin), free cash flow -$474M (SEC filings).
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $583K; 1 not under a Rule 10b5-1 plan ($50K).
- Total return with dividends: 1Y -92.3% vs S&P 500 +18.1%; 5Y -91.0% vs S&P 500 +85.1%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $8.02B | $15.6B | $6.95B | $5.15B | $4.37B | $3.25B |
| Gross profit | $730M | $667M | $487M | $433M | $350M | — |
| Operating income | -$568M | -$931M | -$386M | -$320M | -$287M | -$521M |
| Net income | -$662M | -$1.35B | -$275M | -$392M | -$1.30B | -$1.52B |
| EPS (diluted) | -$1.12 | -$2.16 | -$0.42 | -$0.56 | -$1.70 | — |
| Free cash flow | -$5.83B | $693M | $2.31B | -$620M | $1.04B | -$474M |
| Gross margin | 9.1% | 4.3% | 7.0% | 8.4% | 8.0% | — |
| Operating margin | -7.1% | -6.0% | -5.6% | -6.2% | -6.6% | -16.0% |
| Net margin | -8.3% | -8.7% | -4.0% | -7.6% | -29.7% | -46.7% |
| Revenue growth | +210.5% | +94.1% | -55.4% | -25.8% | -15.2% | — |
| Cash + short-term investments | $2.21B | $1.28B | $1.07B | $679M | $962M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)


## Insider sales (SEC Form 4, open-market, last ~7 months)
3 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan |
|---|---|---|---|---|---|---|
| 2026-07-15 | Nguyen Giang | Chief Operating Officer | 3,591 | $17K | 0% | Yes |
| 2026-06-16 | Benson David C | Director | 40,000 | $193K | 18.2% | Yes |
| 2026-05-15 | Schwartz Christina | Chief Financial Officer | 74,348 | $322K | 1.9% | Yes |
| 2026-04-15 | Nguyen Giang | Chief Operating Officer | 10,866 | $50K | 0.1% | No |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

## Total return (dividends reinvested)
|  | 1Y (from 2025-12-23) | 5Y (from 2025-12-22) |
|---|---|---|
| Total return | -92.3% | -91.0% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | — | — |
| Volatility (annualized) | 166.2% | 129.2% |
| Max drawdown | -96.9% (Jan 2026→Oct 2026) | -94.6% (Jan 2026→Oct 2026) |

## Peers
OPENZ (Opendoor Technologies Inc.) USD 0.07 +20.00% · OPENL (Opendoor Technologies Inc.) USD 0.07 -4.00% · APXTW (Apex Treasury Corporation Warrants) USD 0.3 -1.33% · TDACW (Trident Acquisitions Corp.) USD 1.18 -9.23% · GFUZW (General Fusion Group Ltd.) USD 1.4 +0.00%

## More
Full page: https://nexqual.com/OPENW · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt