StockOttersSupply Chain Map

Opendoor Technologies Inc.

OPEN

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

5,153

Cost of Revenue

4,720

Gross Profit

433

Gross Margin

8.4%

Operating Income

-320

Operating Margin

-6.2%

Net Income

-392

Net Margin

-7.6%

EPS (Basic)

$-0.56

EPS (Diluted)

$-0.56

EBITDA

-243

EBITDA Margin

-4.7%

2023

12/31/2023

Revenue

6,946

Cost of Revenue

6,459

Gross Profit

487

Gross Margin

7.0%

Operating Income

-386

Operating Margin

-5.6%

Net Income

-275

Net Margin

-4.0%

EPS (Basic)

$-0.42

EPS (Diluted)

$-0.42

EBITDA

9

EBITDA Margin

0.1%

2022

12/31/2022

Revenue

15,567

Cost of Revenue

14,900

Gross Profit

667

Gross Margin

4.3%

Operating Income

-931

Operating Margin

-6.0%

Net Income

-1,353

Net Margin

-8.7%

EPS (Basic)

$-2.16

EPS (Diluted)

$-2.16

EBITDA

-876

EBITDA Margin

-5.6%

2021

12/31/2021

Revenue

8,021

Cost of Revenue

7,291

Gross Profit

730

Gross Margin

9.1%

Operating Income

-568

Operating Margin

-7.1%

Net Income

-662

Net Margin

-8.3%

EPS (Basic)

$-1.12

EPS (Diluted)

$-1.12

EBITDA

-509

EBITDA Margin

-6.3%

2020

12/31/2020

Revenue

2,583

Cost of Revenue

2,363

Gross Profit

220

Gross Margin

8.5%

Operating Income

-186

Operating Margin

-7.2%

Net Income

-253

Net Margin

-9.8%

EPS (Basic)

$-2.31

EPS (Diluted)

$-2.31

EBITDA

-122

EBITDA Margin

-4.7%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	5,153	6,946	15,567	8,021	2,583
Cost of Revenue	4,720	6,459	14,900	7,291	2,363
Gross Profit	433	487	667	730	220
Gross Margin	8.4%	7.0%	4.3%	9.1%	8.5%
Operating Income	-320	-386	-931	-568	-186
Operating Margin	-6.2%	-5.6%	-6.0%	-7.1%	-7.2%
Net Income	-392	-275	-1,353	-662	-253
Net Margin	-7.6%	-4.0%	-8.7%	-8.3%	-9.8%
EPS (Basic)	$-0.56	$-0.42	$-2.16	$-1.12	$-2.31
EPS (Diluted)	$-0.56	$-0.42	$-2.16	$-1.12	$-2.31
EBITDA	-243	9	-876	-509	-122
EBITDA Margin	-4.7%	0.1%	-5.6%	-6.3%	-4.7%