Opendoor (OPEN) Q2 Revenue Up 4%
Opendoor Technologies (NASDAQ:OPEN), a leader in digitizing residential real estate transactions, released its second quarter 2025 results on August 5, 2025. The standout news was Revenue (GAAP) reached $1.60 billion, compared to the analyst estimate of $1.50 billion, up 4% year over year and beating expectations by $97 million. The company reported a net loss per share of $(0.04) (GAAP), meeting the $(0.03) consensus estimate. Despite this, Opendoor returned to positive adjusted EBITDA with $23 million, its first such result since 2022. Overall, the period showed improved operational discipline and strong sales growth.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Opendoor Technologies operates an online platform that streamlines buying and selling homes. The company uses proprietary pricing algorithms and digital assessment tools to simplify the process for sellers and buyers, offering quick cash offers and reducing the friction of traditional real estate transactions. Its approach challenges the classic offline brokerage model by centralizing and digitizing each step of the process.
Source Fool.com
