Opendoor Technologies
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Opendoor Technologies's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 55% to $6,946,000,000. The net income raised on -$275,000,000 and profit margin reached -4%. Total operating expenses were $873,000,000.
Profit Margin
| 2017 | 711.06M | -84.82M | -11.93% |
|---|---|---|---|
| 2018 | 1.83B | -241.29M | -13.13% |
| 2019 | 4.74B | -464M | -9.79% |
| 2020 | 2.58B | -286.76M | -11.1% |
| 2021 | 8.02B | -662M | -8.25% |
| 2022 | 15.56B | -1.35B | -8.69% |
| 2023 | 6.94B | -275M | -3.96% |
OPEN Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 6.94B | 15.56B | 8.02B | 2.58B | 4.74B | 1.83B | 711.06M |
Cost of revenue | 6.45B | 14.9B | 7.29B | 2.36B | 4.44B | 1.70B | 644.71M |
Gross profit | 487M | 667M | 730M | 219.79M | 301M | 133.42M | 66.34M |
Operating exp. | |||||||
Research and development | 167M | 169M | 134M | 58.17M | 51M | 28.45M | 16.12M |
Selling and marketing | 486M | 1.00B | 544M | 194.72M | 384M | 196.29M | 74.93M |
Total operating expenses | 873M | 1.52B | 1.29B | 405.66M | 549M | 297.1M | 128.02M |
Operating income | -362M | -854M | -568M | -185.86M | -248M | -163.67M | -61.64M |
Other income (expenses), net | 88M | -497M | -93M | -100M | -91M | -15.42M | -23.12M |
Income before tax | -274M | -1.35B | -661M | -286.69M | -339M | -239.55M | -84.76M |
Income tax expense | 1M | 2M | 1M | 63K | 125M | 377K | 62K |
Net income | -275M | -1.35B | -662M | -286.76M | -464M | -241.29M | -84.82M |
Earnings per share | |||||||
Basic EPS | -0.42 | -2.16 | -1.12 | -2.62 | -5.8 | -0.44 | -2.12 |
Diluted EPS | -0.42 | -2.16 | -1.12 | -2.62 | -5.8 | -0.44 | -2.12 |
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