Opendoor Technologies Inc. (OPEN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 2.24B | 2.3B | 2.59B | 2.8B | 3.15B | 3B | 3.26B | 3.25B | 3.28B | 3.44B | 3.82B | 4.09B | 4.97B | 6.47B | 9.58B | 9.95B | 8.08B | 9.34B | 8.82B | 4.74B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 999M | 962M | 962M | 789M | 559M | 671M | 829M | 790M | 953M | 999M | 1.15B | 1.12B | 1.14B | 1.14B | 1.33B | 2.24B | 2.31B | 1.73B | 1.36B | 1.56B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 8M | 8M | 19M | 37M | 69M | 72M | 90M | 108M | 144M | 178M | 233M | 464M | 484M | 481.05M | 200.14M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | - | - | - | - | 1.01 | 0.89 | 1 | - | - | - | - | - | 1.04 | 2.96 | 2.87 | 1.24 | 1.24 | 2.47 | 4.93 | - |
| Inventory | 1.14B | 925M | 1.05B | 1.53B | 2.36B | 2.16B | 2.15B | 2.23B | 1.88B | 1.77B | 1.31B | 1.15B | 2.12B | 4.46B | 6.09B | 6.63B | 4.66B | 6.1B | 6.27B | 2.72B |
| Days Inventory Outstanding | 143.33 | 131.87 | 139.95 | 123.06 | 193.02 | 198.18 | 158.36 | 135.48 | 155.9 | 177.89 | 128.01 | 81.36 | 100.34 | 174.24 | 154.56 | 138.41 | 104.9 | 160.19 | 200.4 | 157.91 |
| Other Current Assets | 104M | 412M | 572M | 478M | 211M | 153M | 266M | 206M | 413M | 602M | 1.28B | 1.73B | 1.56B | 695M | 1.83B | 789M | 581M | 945M | 591.7M | 257.02M |
| Total Non-Current Assets | 107M | 108M | 113M | 110M | 125M | 129M | 148M | 123M | 120M | 122M | 128M | 130M | 140M | 142M | 200M | 191M | 193M | 166M | 147.62M | 129.64M |
| Property, Plant & Equipment | 33M | 35M | 40M | 46M | 61M | 66M | 84M | 94M | 89M | 91M | 95M | 90M | 98M | 99M | 105M | 97M | 94M | 87M | 82.12M | 79.54M |
| Fixed Asset Turnover | 21.18x | 19.63x | 21.28x | 29.29x | 18.16x | 14.45x | 15.47x | 16.51x | 13.12x | 9.35x | 10.59x | 21.02x | 31.68x | 28.01x | 33.28x | 43.96x | 56.92x | 45.20x | 28.03x | 15.04x |
| Goodwill | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 62M | 60M | 60M | 60M | 47.16M | 30.95M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 4M | 5M | 7M | 9M | 11M | 12M | 7M | 7M | 10M | 12M | 11.49M | 7.75M |
| Long-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 2.35B | 2.41B | 2.7B | 2.91B | 3.28B | 3.13B | 3.41B | 3.37B | 3.4B | 3.57B | 3.95B | 4.22B | 5.11B | 6.61B | 9.78B | 10.14B | 8.27B | 9.51B | 8.97B | 4.87B |
| Asset Turnover | 0.30x | 0.29x | 0.33x | 0.51x | 0.36x | 0.33x | 0.41x | 0.45x | 0.34x | 0.23x | 0.24x | 0.42x | 0.53x | 0.35x | 0.34x | 0.46x | 0.58x | 0.41x | 0.33x | 0.29x |
| Asset Growth % | -28.32% | -23% | -20.84% | -13.79% | -3.73% | -12.36% | -13.58% | -20.15% | -33.41% | -46.02% | -59.66% | -58.34% | -38.2% | -30.49% | 9.09% | 108.21% | 152.83% | 336.86% | 754.83% | 291.7% |
| Total Current Liabilities | 317M | 327M | 914M | 643M | 1.05B | 529M | 721M | 393M | 74M | 70M | 74M | 88M | 443M | 1.5B | 3.6B | 3.61B | 2.81B | 4.4B | 4.24B | 1.81B |
| Accounts Payable | 0 | 0 | 91M | 86M | 102M | 9M | 71M | 73M | 69M | 2M | 67M | 65M | 77M | 5M | 209M | 215M | 132M | 3M | 156.03M | 70.9M |
| Days Payables Outstanding | - | - | 9.59 | 5.94 | 4.74 | 3.68 | 5.21 | 4.68 | 3.03 | 3.98 | 6.87 | 3.54 | 1.25 | 3.53 | 5.15 | 4.25 | 1.32 | 2.06 | 5.06 | 4.98 |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 317M | 327M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38.67M |
| Current Ratio | 7.07x | 7.03x | 2.83x | 4.35x | 2.99x | 5.67x | 4.53x | 8.27x | 44.38x | 49.21x | 51.61x | 46.51x | 11.22x | 4.30x | 2.66x | 2.76x | 2.87x | 2.12x | 2.08x | 2.62x |
| Quick Ratio | 3.48x | 4.20x | 1.68x | 1.97x | 0.75x | 1.58x | 1.55x | 2.58x | 18.96x | 23.86x | 33.89x | 33.45x | 6.44x | 1.33x | 0.97x | 0.92x | 1.21x | 0.74x | 0.60x | 1.11x |
| Cash Conversion Cycle | - | - | - | - | 189.3 | 195.39 | 154.15 | - | - | - | - | - | 100.13 | 173.67 | 152.28 | 135.39 | 104.82 | 160.61 | 200.27 | - |
| Total Non-Current Liabilities | 1.08B | 1.07B | 975M | 1.63B | 1.58B | 1.88B | 1.89B | 2.13B | 2.43B | 2.53B | 2.85B | 3.05B | 3.63B | 4.02B | 4.7B | 4.17B | 3.11B | 2.86B | 2.37B | 640.29M |
| Long-Term Debt | 193M | 193M | 966M | 1.63B | 1.56B | 1.87B | 1.87B | 2.12B | 2.41B | 2.51B | 2.83B | 3.03B | 3.6B | 3.98B | 4.66B | 4.13B | 3.07B | 2.82B | 2.32B | 595.58M |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 1.4B | 1.4B | 1.89B | 2.28B | 2.63B | 2.41B | 2.61B | 2.53B | 2.5B | 2.6B | 2.93B | 3.14B | 4.08B | 5.52B | 8.3B | 7.78B | 5.92B | 7.26B | 6.61B | 2.45B |
| Total Debt | 193M | 193M | 1.79B | 2.18B | 2.53B | 2.32B | 2.53B | 2.45B | 2.43B | 2.53B | 2.86B | 3.07B | 4B | 5.4B | 8.07B | 7.55B | 5.79B | 7.11B | 6.44B | 2.34B |
| Net Debt | -806M | -769M | 825M | 1.4B | 1.97B | 1.65B | 1.71B | 1.66B | 1.48B | 1.53B | 1.7B | 1.95B | 2.85B | 4.26B | 6.75B | 5.32B | 3.48B | 5.38B | 5.08B | 778.23M |
| Debt / Equity | 0.20x | 0.19x | 2.20x | 3.46x | 3.92x | 3.25x | 3.16x | 2.90x | 2.71x | 2.62x | 2.80x | 2.83x | 3.86x | 4.97x | 5.43x | 3.21x | 2.47x | 3.16x | 2.72x | 0.97x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 139.91x | 41.93x | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 98.44x | 25.18x | - | - | - |
| Interest Coverage | -6.91x | -38.18x | -1.62x | 0.19x | -1.58x | -2.31x | -1.29x | -2.40x | -2.35x | -1.46x | -1.68x | 1.45x | -1.68x | -2.53x | -7.06x | 0.36x | 1.74x | -1.62x | -0.30x | -8.00x |
| Total Equity | 954M | 1B | 811M | 631M | 645M | 713M | 801M | 845M | 899M | 967M | 1.02B | 1.09B | 1.04B | 1.09B | 1.49B | 2.36B | 2.35B | 2.25B | 2.36B | 2.42B |
| Equity Growth % | 47.91% | 40.95% | 1.25% | -25.33% | -28.25% | -26.27% | -21.47% | -22.19% | -13.22% | -10.96% | -31.45% | -53.9% | -55.86% | -51.69% | -37.03% | -2.56% | -1.53% | 44.75% | 251.17% | 345.48% |
| Book Value per Share | 0.99 | 1.31 | 1.09 | 0.86 | 0.89 | 1.00 | 1.14 | 1.22 | 1.32 | 1.44 | 1.54 | 1.63 | 1.61 | 1.71 | 2.36 | 3.77 | 3.66 | 3.67 | 3.92 | 4.11 |
| Total Shareholders' Equity | 954M | 1B | 811M | 631M | 645M | 713M | 801M | 845M | 899M | 967M | 1.02B | 1.09B | 1.04B | 1.09B | 1.49B | 2.36B | 2.35B | 2.25B | 2.36B | 2.42B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60K | 59K |
| Retained Earnings | -5.21B | -5.03B | -3.93B | -3.84B | -3.81B | -3.73B | -3.61B | -3.53B | -3.44B | -3.33B | -3.24B | -3.14B | -3.16B | -3.06B | -2.66B | -1.73B | -1.68B | -1.71B | -1.51B | -1.46B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1M | -1M | -2M | -3M | -4M | -5M | -5M | -4M | -2M | -108K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |