Gross Profit for Opendoor Technologies (OPEN)
According to Opendoor Technologies's latest reported financial statements, the company's current gross profit (TTM) is $312.00M USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$312.00M
YoY change
-29.8%
5Y CAGR
+6.7%
Peak year (2021)
$730.00M
Cumulative gross profit
$3.34B
Gross Profit history chart for Opendoor Technologies (OPEN) from 2017 to 2025
Gross Profit history table for Opendoor Technologies (OPEN) from 2017 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $304.00M | -29.8% | -$129.00M | ||
| 2024 | $433.00M | -11.1% | -$54.00M | ||
| 2023 | $487.00M | -27.0% | -$180.00M | ||
| 2022 | $667.00M | -8.6% | -$63.00M | ||
| 2021 | $730.00M | +231.8% | +$510.00M | ||
| 2020 | $220.00M | -26.9% | -$81.00M | ||
| 2019 | $301.00M | +125.6% | +$167.57M | ||
| 2018 | $133.43M | +101.1% | +$67.08M | ||
| 2017 | $66.35M | — | — |
Gross Profit values are taken from Opendoor Technologies's reported income 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
Opendoor Technologies (OPEN) most recent annual gross profit stands at $304.00M (2025) – declined 29.8% year-over-year.
Opendoor Technologies gross profit has recorded the values shown across consecutive periods, with a +6.7% compound annual growth rate over 2020–2025 (5 years).
Between 2021 and 2025, Opendoor Technologies gross profit plunged 58.4%, falling from $730.00M to $304.00M.
Across the available history, gross profit reached its high of $730.00M in 2021 and its low of $66.35M in 2017.
Within Real Estate, Opendoor Technologies (OPEN) ranks 9th among 8 peers we track. The peer median for gross profit is $4.96B.
Opendoor Technologies Gross Profit by Year
Opendoor Technologies Gross Profit 2025: $304.00M
Opendoor Technologies gross profit in 2025 was $304.00M, declined 29.8% below 2024.
Opendoor Technologies Gross Profit 2024: $433.00M
Opendoor Technologies gross profit in 2024 was $433.00M, declined 11.1% below 2023.
Opendoor Technologies Gross Profit 2023: $487.00M
Opendoor Technologies gross profit in 2023 was $487.00M, declined 27.0% below 2022.
Opendoor Technologies Gross Profit 2022: $667.00M
Opendoor Technologies gross profit in 2022 was $667.00M, declined 8.6% below 2021.
Opendoor Technologies Gross Profit 2021: $730.00M
Opendoor Technologies gross profit in 2021 was $730.00M.
See more financial history for Opendoor Technologies (OPEN).
Sector peers — Gross Profit
Companies in the same sector as Opendoor Technologies, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| American Tower (AMT) | $7.84B | Real Estate |
| Simon Property Group (SPG) | $5.46B | Real Estate |
| Prologis (PLD) | $5.24B | Real Estate |
| Realty Income (O) | $5.16B | Real Estate |
| Equinix (EQIX) | $4.75B | Real Estate |
| Welltower (WELL) | $4.18B | Real Estate |
| Digital Realty Trust (DLR) | $3.39B | Real Estate |
| Public Storage (PSA) | $1.20B | Real Estate |
Frequently asked questions
What is Opendoor Technologies's gross profit?
Latest reported gross profit for Opendoor Technologies (OPEN) is $312.00M (period ending March 31, 2026).
How has Opendoor Technologies gross profit changed year-over-year?
Opendoor Technologies (OPEN) gross profit changed -29.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Opendoor Technologies gross profit?
Opendoor Technologies (OPEN) gross profit compound annual growth rate is +6.7% over the most recent 5 years available.
When did Opendoor Technologies gross profit hit its highest annual value?
Opendoor Technologies gross profit reached its highest annual value of $730.00M in 2021.
What was Opendoor Technologies gross profit in 2024?
Opendoor Technologies (OPEN) gross profit in 2024 was $433.00M.
What was Opendoor Technologies gross profit in 2025?
Opendoor Technologies (OPEN) gross profit in 2025 was $304.00M.
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.