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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
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Home›Stocks›OPENZ

OPENZ

Opendoor Technologies Inc.

Last earnings -1.3% on 2026-05-07

Avoid
$0.24
▼ -5.93%
$0.24▼ -38.97%
over 1Y
L $0.20H $0.71
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-5.9%
1W+10.2%
1M-29.0%
3M+8.2%
YTD-45.0%
1Y-39.0%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Avoid
Quality
D
Valuation
Fair value
Filings
Watch
Avoid
Conviction
Horizon
Medium (3–12mo)

Revenue fell -15.2% YoY.

Revenue (FY2025) $4.37B · FY2025

Opendoor Technologies Inc. shows $4.37B in FY2025 revenue (-15.2% YoY), a -29.7% net margin, and -129.4% ROE.

Weighing against it: revenue fell -15.2% YoY; unprofitable (net margin -29.7%).

Is OPENZ a buy? The one-page verdict, explained →

The options angle

model · matches our verdict
Bear put spread (caution)~60d expiry
  • Long put 0 @ ~0.00 est
  • Short put 0 @ ~0.00 est
debit $0max +$0max $0

AVOID means we wouldn't engage at all — if expressing the short side anyway, only with capped risk.

Open in the calculator →

Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue$8.02B$15.6B$6.95B$5.15B$4.37B
Gross profit$730M$667M$487M$433M$350M
Operating income-$568M-$931M-$386M-$320M-$287M
Net income-$662M-$1.35B-$275M-$392M-$1.30B
Diluted EPS-$1.12-$2.16-$0.42-$0.56-$1.70
Net margin-8.3%-8.7%-4.0%-7.6%-29.7%

10-year statements — income, cash flow, balance sheet & CSV export →

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value-$252M
EV / EBITDA—
EV / Sales-0.1
EV / FCF-0.2
P / FCF0.2
PEG (trailing)—
Earnings yield-570.0%
FCF yield454.7%

Quality & risk

ROIC (est.)-15.2%
Free cash flow$1.04B
Total debt$482M
Net cash$480M
Altman Z-Score-0.42 distress
Piotroski F-Score4/8

Capital returns

Buyback yield0.0%
Dividend yield (est.)—
Shareholder yield0.0%
Shares Δ YoY+32.5%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Shareholder vote2026-06-12
  2. 8-K Earnings results2026-05-07
  3. 10-Q Quarterly report2026-05-07
  4. DEF 14A Proxy statement2026-04-28
  5. 8-K Earnings results2026-02-19
  6. 10-K Annual report2026-02-19
  7. 8-K Reg FD disclosure2026-01-26
  8. 8-K Officer / director change2025-12-15
  9. 8-K Material agreement2025-11-21

Recent filings

all on EDGAR ↗
4Period ending 2026-06-162026-06-16open ↗144Filing2026-06-16open ↗4Period ending 2026-06-112026-06-15open ↗4Period ending 2026-06-112026-06-15open ↗4Period ending 2026-06-112026-06-15open ↗4Period ending 2026-06-112026-06-15open ↗4Period ending 2026-06-112026-06-15open ↗4Period ending 2026-06-112026-06-15open ↗8-KPeriod ending 2026-06-112026-06-12open ↗DEFA14AFiling2026-06-02open ↗4Period ending 2026-05-152026-05-19open ↗144Filing2026-05-19open ↗

Quality score

D
ValueGrowthProfitHealthMom.
ValueA+
GrowthF
ProfitabilityF
Financial healthC+
Momentum—
  • ✗Revenue growing year-over-year
  • ✗Profitable (positive net income)
  • ✗Net margin above 10%
  • ✗Return on equity above 15%
  • ✓Liabilities below 2× equity
0.0052-week0.00
Revenue
$4.37B
-15.2% YoY
Net margin
-29.7%
ROE
-129.4%
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$4.37B-15.2%
Net income-$1.30B-231.6%
Gross profit$350M-19.2%
Operating income-$287M+10.3%
Diluted EPS-$1.70-203.6%
Cash & equivalents$962M+43.4%
Total assets$2.41B-23.0%
Total liabilities$1.40B-41.9%
Stockholders' equity$1.00B+41.0%
Gross: 8.0%Op.: -6.6%L/E: 1.40x

Frequently asked

Is Opendoor Technologies Inc. (OPENZ) a buy?
OPENZ currently carries a Avoid rating with 4/5 conviction, derived from its latest SEC filings. Revenue fell -15.2% YoY.
What is Opendoor Technologies Inc.'s quality score?
OPENZ scores 45.98039215686274/100 (grade D) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001801169, latest 10-Q filed 2026-05-07) · EODHD · as of 6/16/2026, 4:15:12 PM.

›About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice

Rule-based analysis, generated automatically from SEC filing data.

Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 16, 2026, 12:15 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 0 open-market buys · 2 sales

2026-06-16
Benson David C
Director
Sell40.0K @ $4.83$193K
2026-06-11
Wu Eric Chung-Wei
Director
Award41.7K
2026-06-11
Rabois Keith
Director
Award41.7K
2026-06-11
Feder Eric
Director
Award41.7K
2026-06-11
HAMILTON DANA
Director
Award41.7K
2026-06-11
Benson David C
Director
Award41.7K
2026-06-11
Bain Adam
Director
Award41.7K
2026-05-15
Schwartz Christina
Chief Financial Officer
Sell74.3K @ $4.33$322K

Earnings history

beat/miss · move
2026-05-07—▼ -18.57%8-K ↗
2026-02-19—▼ -15.53%8-K ↗
2025-11-06——8-K ↗
2025-08-05——8-K ↗
2025-05-06——8-K ↗
2025-02-27——8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Vs tracked universe

compare →

1195 tracked peers · median

TENK Score46 vs 67
Revenue growth-15.2% vs 7.5%
Net margin-29.7% vs 10.0%
Return on equity-129.4% vs 12.0%
P/E— vs 26.2