Opendoor Technologies Inc. (OPEN) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
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OPEN Revenue Growth
OPEN Revenue Analysis (2018–2025)
As of May 6, 2026, Opendoor Technologies Inc. (OPEN) generated trailing twelve-month (TTM) revenue of $4.37 billion, reflecting significant decline in growth of -32.1% year-over-year. The most recent quarter (Q4 2025) recorded $736.0 million in revenue, down 19.6% sequentially.
Looking at the longer-term picture, OPEN's 5-year compound annual growth rate (CAGR) stands at +11.1%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $15.57 billion in 2022.
When compared to Real Estate sector peers including COMP (+40.1% YoY), Z (+15.2% YoY), and HOUS (+5.3% YoY), OPEN has underperformed the peer group in terms of revenue growth. Compare OPEN vs COMP →
OPEN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| OPENCurrent | $4.4B | -32.1% | +11.1% | -6.6% | |
 COMP | $7.0B | +40.1% | +13.3% | -0.4% | |
 Z | $2.6B | +15.2% | +9.7% | -1.3% | |
 HOUS | $5.7B | +5.3% | -0.6% | 1.1% | |
 RKT | $5.4B | - | - | 12.4% | |
 EXPI | $4.8B | +4.5% | +21.6% | -0.4% |
OPEN Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.37B | -15.2% | $350.0M | 8.0% | $-287,000,000 | -6.6% |
| 2024 | $5.15B | -25.8% | $433.0M | 8.4% | $-320,000,000 | -6.2% |
| 2023 | $6.95B | -55.4% | $487.0M | 7.0% | $-386,000,000 | -5.6% |
| 2022 | $15.57B | +94.1% | $667.0M | 4.3% | $-931,000,000 | -6.0% |
| 2021 | $8.02B | +210.5% | $730.0M | 9.1% | $-568,000,000 | -7.1% |
| 2020 | $2.58B | -45.5% | $220.0M | 8.5% | $-186,000,000 | -7.2% |
| 2019 | $4.74B | +157.9% | $301.0M | 6.3% | $-248,000,000 | -5.2% |
| 2018 | $1.84B | - | $133.4M | 7.3% | $-163,672,000 | -8.9% |
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Start ComparisonOPEN — Frequently Asked Questions
Quick answers to the most common questions about buying OPEN stock.
Is OPEN's revenue growth accelerating or slowing?
OPEN revenue declined -32.1% year-over-year, contrasting with the 5-year CAGR of +11.1%. TTM revenue fell to $4.4B. This reverses the prior growth trend.
What is OPEN's long-term revenue growth rate?
Opendoor Technologies Inc.'s 5-year revenue CAGR of +11.1% reflects the variable expansion pattern. Current YoY growth of -32.1% is below this long-term average.
How is OPEN's revenue distributed by segment?
OPEN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.