Offerpad (OPAD)
Provides cash offers and residential real-estate services for U.S. home sellers.
$3.47
After-hours close+0.01 (+0.29%)
At close$3.46(+1.47%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 234 | 240 | 285 | 251 | 208 | 174 | 161 | 160 | 133 | 114 | 80 | 78 |
| Cost of revenue | 210 | 224 | 263 | 229 | 191 | 164 | 150 | 146 | 123 | 106 | 75 | 71 |
| Gross profit | 24 | 17 | 23 | 22 | 17 | 11 | 11 | 14 | 9 | 8 | 6 | 7 |
| 44 | 28 | 36 | 32 | 26 | 24 | 22 | 22 | 16 | 15 | 15 | 15 | |
| Research & development | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 41 | 27 | 34 | 31 | 25 | 23 | 21 | 21 | 15 | 15 | 14 | 14 | |
| Selling & marketing | 27 | 18 | 22 | 20 | 17 | 14 | 14 | 13 | 10 | 9 | 8 | 8 |
| General & administrative | 14 | 9 | 12 | 11 | 8 | 10 | 7 | 8 | 5 | 6 | 6 | 7 |
| Operating income | −20 | −11 | −14 | −10 | −9 | −14 | −12 | −8 | −7 | −7 | −9 | −8 |
| 0 | −4 | −4 | −4 | −5 | −4 | −3 | −3 | −4 | −1 | −1 | −1 | |
| Interest expense | 4 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 3 | 2 | 1 |
| Other non-operating income | −4 | −1 | −1 | −1 | −1 | 0 | 7 | −1 | 1 | −1 | −1 | 0 |
| Income before tax | −20 | −15 | −17 | −14 | −14 | −17 | −15 | −11 | −11 | −9 | −10 | −9 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −20 | −15 | −18 | −14 | −14 | −17 | −15 | −11 | −12 | −9 | −10 | −9 |
| Net income | −20 | −15 | −18 | −14 | −14 | −17 | −15 | −11 | −12 | −9 | −10 | −9 |
| EPS, basic | −$0.73 | −$5.70 | −$6.40 | −$5.00 | −$4.90 | −$6.30 | −$5.50 | −$3.90 | −$3.70 | −$2.40 | −$2.20 | −$1.94 |
| EPS, diluted | −$0.73 | −$5.70 | −$6.40 | −$5.00 | −$4.90 | −$6.30 | −$5.50 | −$3.90 | −$3.70 | −$2.40 | −$2.20 | −$1.94 |
| Weighted average shares, basic | 27 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 5 |
| Weighted average shares, diluted | 27 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 5 |
| EBITDA | −15 | −10 | −12 | −9 | −8 | −13 | −12 | −7 | −7 | −6 | −8 | −8 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 0 | 0 | 0 | 0 | 0 |
| EBIT | −16 | −10 | −12 | −9 | −8 | −13 | −19 | −7 | −8 | −6 | −9 | −8 |
