Capital Expenditures for Opendoor Technologies (OPEN)
According to Opendoor Technologies's latest reported financial statements, the company's current capital expenditures (TTM) is $12.00M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$12.00M
YoY change
-52.0%
5Y CAGR
-6.7%
Peak year (2022)
$37.00M
Cumulative capital expenditures
$211.86M
CapEx history chart for Opendoor Technologies (OPEN) from 2017 to 2025
CapEx history table for Opendoor Technologies (OPEN) from 2017 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $12.00M | -52.0% | -$13.00M | ||
| 2024 | $25.00M | -32.4% | -$12.00M | ||
| 2023 | $37.00M | 0.0% | $0 | ||
| 2022 | $37.00M | +12.1% | +$4.00M | ||
| 2021 | $33.00M | +94.1% | +$16.00M | ||
| 2020 | $17.00M | -39.2% | -$10.97M | ||
| 2019 | $27.97M | +39.7% | +$7.95M | ||
| 2018 | $20.02M | +597.9% | +$17.15M | ||
| 2017 | $2.87M | — | — |
CapEx values are taken from Opendoor Technologies's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Opendoor Technologies (OPEN) reported capital expenditures of $12.00M – plunged 52.0% year-over-year.
Opendoor Technologies capital expenditures has contracted on net over the period, with a -6.7% compound annual growth rate over 2020–2025 (5 years).
Opendoor Technologies capital expenditures plunged from $37.00M in 2022 to $12.00M in 2025, a 67.6% drawdown.
The dataset's maximum capital expenditures sits at $37.00M (2022); the minimum reading of $2.87M dates to 2017.
Among 8 Real Estate peers, Opendoor Technologies (OPEN) ranks 6th; the peer median for capital expenditures is $161.59M.
Opendoor Technologies Capital Expenditures by Year
Opendoor Technologies Capital Expenditures 2025: $12.00M
Opendoor Technologies capital expenditures in 2025 was $12.00M, plunged 52.0% below 2024.
Opendoor Technologies Capital Expenditures 2024: $25.00M
Opendoor Technologies capital expenditures in 2024 was $25.00M, plunged 32.4% below 2023.
Opendoor Technologies Capital Expenditures 2023: $37.00M
Opendoor Technologies capital expenditures in 2023 was $37.00M, edged up 0.0% from 2022.
Opendoor Technologies Capital Expenditures 2022: $37.00M
Opendoor Technologies capital expenditures in 2022 was $37.00M, grew 12.1% from 2021. This figure represents the highest annual value in the available history.
Opendoor Technologies Capital Expenditures 2021: $33.00M
Opendoor Technologies capital expenditures in 2021 was $33.00M.
See more financial history for Opendoor Technologies (OPEN).
Sector peers — CapEx
Companies in the same sector as Opendoor Technologies, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Equinix (EQIX) | $4.31B | Real Estate |
| American Tower (AMT) | $1.68B | Real Estate |
| Simon Property Group (SPG) | $912.35M | Real Estate |
| Public Storage (PSA) | $289.38M | Real Estate |
| Welltower (WELL) | $33.80M | Real Estate |
| Prologis (PLD) | $0 | Real Estate |
| Digital Realty Trust (DLR) | $0 | Real Estate |
| Realty Income (O) | $0 | Real Estate |
Frequently asked questions
What is Opendoor Technologies's capital expenditures?
Latest reported capital expenditures for Opendoor Technologies (OPEN) is $12.00M (period ending March 31, 2026).
How has Opendoor Technologies capital expenditures changed year-over-year?
Opendoor Technologies (OPEN) capital expenditures changed -52.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Opendoor Technologies capital expenditures?
Opendoor Technologies (OPEN) capital expenditures compound annual growth rate is -6.7% over the most recent 5 years available.
When did Opendoor Technologies capital expenditures hit its highest annual value?
Opendoor Technologies capital expenditures reached its highest annual value of $37.00M in 2022.
What was Opendoor Technologies capital expenditures in 2024?
Opendoor Technologies (OPEN) capital expenditures in 2024 was $25.00M.
What was Opendoor Technologies capital expenditures in 2025?
Opendoor Technologies (OPEN) capital expenditures in 2025 was $12.00M.
OPEN Key Financials
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
Explore more
OPEN Overview
Company profile, financial tools, and key metrics
OPEN What If Invested
What if you had invested $1,000? See historical returns from any date.
OPEN How It Makes Money
Discover visual breakdown — where revenue comes from and where it goes.
OPEN Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
OPEN Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
OPEN Daily Price Character
Explosive · 46.8% historical win rate (green days). Streaks & record days.
OPEN Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.