Opendoor posts Q2 revenue rise as net loss widens year over year
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Q2 2026 Open House: Everything is Up. More Contracts. More Revenue. More Margin. Except Costs. Those are Down.
August 4, 2026 4:05 PM EDTRevenue up 23% QoQ. Contribution Profit up 59% QoQ. Contribution Margin up 140bps both QoQ and YoY. Homes purchased up 77% QoQ and 149% YoY. Inventory Health Improved 1% QoQ and 27% YoY. Combined Marketing and Operations per acquisition contract lowest in Company history1. Opendoor to be ANI positive on a twelve-month go-forward basis at the end of 2026.
SAN FRANCISCO, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported quarterly financial results for its quarter ended June 30, 2026.
In May, Opendoor set guideposts for Q2... More
