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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 1.57B | 35.9% |
| Gross Profit | 128M | 29.3% |
| Cost of Revenue | 1.44B | 36.5% |
| Operating expense | 141M | 9% |
| Net Income | -29M | 65.9% |
| EBITDA | 19M | 146.3% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 2.91B | 11.3% |
| Total Liabilities | 2.28B | 13.5% |
| Total Equity | 631M | 2.2% |
| Shares Outstanding | 729M | 0.8% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | 823M | 395% |
| Cash from investing | -2M | 200% |
| Cash from financing | -329M | 258.9% |
EPS
Financial Highlights for Opendoor in Q2 '25
Opendoor reported a revenue of 1.57B, which is a 35.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 128M, marking a 29.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.44B, a 36.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 141M, showing a -9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -29M, showing a 65.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 19M, showing a 146.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Opendoor with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
