image
Real Estate - Real Estate - Services - NASDAQ - US
$ 1.66
-6.21 %
$ 1.19 B
Market Cap
-3.07
P/E
INCOME STATEMENT
6.95 B REVENUE
-55.38%
-362 M OPERATING INCOME
57.61%
-275 M NET INCOME
79.67%
EFFICIENCY
Earnings Waterfall Opendoor Technologies Inc.
image
Revenue 6.95 B
Cost Of Revenue 6.46 B
Gross Profit 487 M
Operating Expenses 873 M
Operating Income -362 M
Other Expenses -87 M
Net Income -275 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017
REVENUE
Revenue 6 946.0 15 567.0 8 021.0 2 583.1 4 741.0 1 838.1 711.1
GROSS PROFIT
Cost Of Revenue 6 459.0 14 900.0 7 291.0 2 363.3 4 440.0 1 704.6 644.7
Gross Profit 487.0 667.0 730.0 219.8 301.0 133.4 66.3
OPERATING INCOME
Operating Expenses 873.0 1 521.0 1 298.0 405.7 549.0 297.1 128.0
Selling, General and Administrative Expenses 692.0 1 352.0 1 164.0 347.5 498.0 268.6 111.9
Research and Development Expenses 167.0 169.0 134.0 58.2 51.0 28.5 16.1
Operating Income (362.0) (854.0) (568.0) (185.9) (248.0) (163.7) (61.6)
PRE-TAX INCOME
Interest Income Expense 211.0 385.0 143.0 67.8 110.0 60.5 0
Total Other Income 88.0 (500.0) (93.0) (100.0) (91.0) (75.9) (23.1)
Pre-Tax Income (274.0) (1 351.0) (661.0) (286.7) (339.0) (239.6) (84.8)
NET INCOME
Tax Provision 1.0 2.0 1.0 63 K 125.0 0.4 62 K
Net Income (275.0) (1 353.0) (662.0) (286.8) (464.0) (241.3) (84.8)
EPS 0.42 2.16 1.12 2.62 5.8 0.44 2.12