Opendoor Technologies Inc. balance sheet
At the end of fiscal 2025, Opendoor Technologies Inc. had total assets of $2.41bn, total liabilities of $1.40bn and shareholders' equity of $1.00bn. It held $962m in cash against $1.31bn of debt: net debt of $351m.
Balance sheet
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 262 | 405 | 1,413 | 1,731 | 1,137 | 999 | 671 | 962 | 896 |
| Total current assets | — | 2,088 | 2,053 | 9,340 | 6,466 | 3,445 | 2,997 | 2,299 | 2,850 |
| Goodwill | — | 31 | 31 | 60 | 4 | 4 | 3 | 3 | 3 |
| Total assets | — | 2,232 | 2,176 | 9,506 | 6,608 | 3,567 | 3,126 | 2,407 | 2,961 |
| Total current liabilities | — | 1,126 | 393 | 4,400 | 1,505 | 70 | 529 | 327 | 968 |
| Short-term debt | — | 1,074 | 346 | — | — | — | — | — | — |
| Long-term debt | — | — | 135 | — | — | — | — | — | — |
| Total debt | 0 | 1,296 | 474 | 6,102 | 4,396 | 2,134 | 1,924 | 1,313 | 1,956 |
| Total liabilities | — | 1,583 | 623 | 7,258 | 5,522 | 2,600 | 2,413 | 1,402 | 2,047 |
| Shareholders' equity | −414 | −733 | 1,553 | 2,248 | 1,086 | 967 | 713 | 1,005 | 914 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 1,381 | — | — | — | — | — | — | — |
| Net debt (negative = net cash) | −262 | 891 | −939 | 4,371 | 3,259 | 1,135 | 1,253 | 351 | 1,060 |
| Shares outstanding | — | 84m | — | 616m | 637m | 678m | 720m | 957m | 969m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 3,263 | 2,997 | 3,152 | 2,797 | 2,587 | 2,299 | 2,242 | 2,850 |
| Goodwill | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Total assets | 3,411 | 3,126 | 3,277 | 2,907 | 2,700 | 2,407 | 2,349 | 2,961 |
| Total current liabilities | 721 | 529 | 1,053 | 643 | 914 | 327 | 317 | 968 |
| Total liabilities | 2,610 | 2,413 | 2,632 | 2,276 | 1,889 | 1,402 | 1,395 | 2,047 |
| Shareholders' equity | 801 | 713 | 645 | 631 | 811 | 1,005 | 954 | 914 |
| Shares outstanding | 712m | 720m | 727m | 734m | 772m | 957m | 963m | 969m |
Compare with peers
- Newmark Group, Inc. balance sheet
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