Opendoor TechnologiesOPEN +2.74%56 Gross Margin % is 10.00% as of Mar. 2026, which is 31% above its 10-year median of 7.64. GuruFocus rates OPEN with a GF Score™ of 56/100 and a GF Value™ of $1.24 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,644 Real Estate companies, Opendoor Technologies ranks worse than 89.96% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Opendoor Technologies had a gross margin of 10.00% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Opendoor Technologies Gross Margin % Related Terms
Opendoor Technologies Gross Margin % Historical Data
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The historical data trend for Opendoor Technologies's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Real Estate Services subindustry, Opendoor Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Opendoor Technologies Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Opendoor Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Opendoor Technologies's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Opendoor Technologies (OPEN) has a Gross Margin % of 10.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Opendoor Technologies and its competitors. This is 31% above median its historical median of 7.64. Over the past decade, Opendoor Technologies' Gross Margin % has ranged from 4.28 to 9.10. According to the industry distribution chart, Opendoor Technologies ranks #1479 out of 1644 companies in the Real Estate industry, placing it in the top 90%.
Is Opendoor Technologies' Gross Margin % too high?
Opendoor Technologies' current Gross Margin % of 10.00% is 31% above median its 10-year median of 7.64. Over the past 10 years, this metric has ranged from a low of 4.28 to a high of 9.10. The Real Estate industry median Gross Margin % is 36.96. Opendoor Technologies' value of 10.00% is 72.9% below this industry median. Based on the distribution chart, Opendoor Technologies ranks #1479 out of 1644 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Opendoor Technologies has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Opendoor Technologies' Gross Margin % compare to COMP and CWK?
According to the Real Estate industry distribution chart, Opendoor Technologies ranks #1479 out of 1644 companies for Gross Margin %. This places Opendoor Technologies in the lower half of its industry. The industry median Gross Margin % is 36.96. Opendoor Technologies' value of 10.00% is 72.9% below this benchmark. Historically, Opendoor Technologies' own Gross Margin % has ranged from 4.28 to 9.10 over the past decade. While the company's 10-year median is 7.64 vs. the industry median of 36.96, Opendoor Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,644 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Opendoor Technologies's current Gross Margin % of 10.00% is 72.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Opendoor Technologies and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opendoor Technologies's current Gross Margin % is 10.00%, which is 31% above median its own 10-year median of 7.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opendoor Technologies stock overvalued right now?
Based on GuruFocus' analysis, Opendoor Technologies (OPEN) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.24, compared to a current price of $4.32 — trading 248% above its estimated fair value. The current Gross Margin % is 10.00%, which is 31% above median its 10-year median of 7.64 and 72.9% below the Real Estate industry median of 36.96. Opendoor Technologies' overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Opendoor Technologies (OPEN), the current Gross Margin % is 10.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Opendoor Technologies (OPEN) Overvalued in 2026?
Based on GuruFocus' analysis, Opendoor Technologies stock appears to be overvalued.
The current stock price of $4.32 is trading 248% above its estimated GF Value™ of $1.24.
GuruFocus considers Opendoor Technologies to be Significantly Overvalued.
Key valuation signals for OPEN:
Gross Margin %: 10.00% (31% above median its 10-year median of 7.64)
GF Value™: $1.24 vs. price of $4.32 (248% above fair value)
Industry Position: 72.9% below the Real Estate median (#1479 of 1644)
No single metric tells the full story. See the OPEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Opendoor Technologies Inc is an end-to-end real estate platform enabling customers to sell and buy a home online. Its product offerings include Sell to Opendoor, its core product where sellers sell their homes directly to the company, and it resells those homes to buyers; List with Opendoor, for customers to list their homes with a partner agent; and Opendoor Marketplace, a capital-light marketplace offering that connects home sellers with both institutional and retail buyers. In addition to these products, the company also offers its customers integrated title insurance and escrow services through its subsidiaries. A vast majority of the company's revenue is generated by its core product offering, where it acquires homes directly from sellers and resells those homes to buyers.
56GF Score
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