Earnings Summary

Opendoor Technologies Inc’s revenue fell -39.43% since last year same period to $3120Mn in the Q1 2023. On a quarterly growth basis, Opendoor Technologies Inc has generated 9.21% jump in its revenue since last 3-months.

Opendoor Technologies Inc’s net profit fell -642.86% since last year same period to $-152Mn in the Q1 2023. On a quarterly growth basis, Opendoor Technologies Inc has generated 61.9% jump in its net profits since last 3-months.

Opendoor Technologies Inc’s net profit margin fell -996.24% since last year same period to -4.87% in the Q1 2023. On a quarterly growth basis, Opendoor Technologies Inc has generated 65.12% jump in its net profit margins since last 3-months.

Opendoor Technologies Inc’s earning per share (EPS) estimates for the current quarter stand at -0.78 - a -23.81% fall from last quarter’s estimates.

Opendoor Technologies Inc’s earning per share (EPS) estimates for the current year stand at -0.78.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Opendoor Technologies Inc’s return on assets (ROA) stands at -0.1.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Opendoor Technologies Inc’s return on equity (ROE) stands at -0.88.