OPEN (Opendoor Technologies) Gross Profit: $323 Mil (TTM As of Mar. 2026)

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OPEN Opendoor Technologies Inc OPEN
58 GF Score
Price $4.12
GF Value $1.21
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Opendoor Technologies Gross Profit?

Opendoor Technologies OPEN +4.57% 58 Gross Profit is $323 Mil as of Mar. 2026. GuruFocus rates OPEN with a GF Score™ of 58/100 and a GF Value™ of $1.21 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Opendoor Technologies's gross profit for the three months ended in Mar. 2026 was $72 Mil. Opendoor Technologies's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $323 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Opendoor Technologies's gross profit for the three months ended in Mar. 2026 was $72 Mil. Opendoor Technologies's Revenue for the three months ended in Mar. 2026 was $720 Mil. Therefore, Opendoor Technologies's Gross Margin % for the quarter that ended in Mar. 2026 was 10.00%.

Opendoor Technologies had a gross margin of 10.00% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Opendoor Technologies was 9.10%. The lowest was 4.28%. And the median was 7.64%.


Opendoor Technologies  (NAS:OPEN) Gross Profit Explanation

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


Opendoor Technologies Gross Profit Related Terms


Opendoor Technologies Gross Profit Historical Data

* Premium members only.

The historical data trend for Opendoor Technologies's Gross Profit 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.

Opendoor Technologies Gross Profit Chart

Opendoor Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial 730.00 667.00 487.00 433.00 350.00

Opendoor Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.00 128.00 66.00 57.00 72.00

OPEN vs CWK, IHS, NMRK: Gross Profit Comparison

For the Real Estate Services subindustry, Opendoor Technologies's Gross Profit, along with its competitors' market caps and Gross Profit 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 Profit vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Opendoor Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Opendoor Technologies's Gross Profit falls into.


OPEN
58GF Score
Opendoor Technologies Inc OPEN
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Opendoor Technologies Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Opendoor Technologies's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=4371 - 4021
=350

Opendoor Technologies's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=720 - 648
=72

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $323 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Opendoor Technologies's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=72 / 720
=10.00 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $323 Mil mean?
Opendoor Technologies (OPEN) has a Gross Profit of $323 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Opendoor Technologies and its competitors.
Is Opendoor Technologies' Gross Profit too high?
Opendoor Technologies' current Gross Profit is $323 Mil. Overall, Opendoor Technologies has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Opendoor Technologies' Gross Profit compare to CWK and IHS?
Opendoor Technologies' Gross Profit of $323 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Real Estate company?
A good Gross Profit depends on the Real Estate industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Opendoor Technologies and its competitors. Opendoor Technologies's current Gross Profit is $323 Mil. 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 $1.21, compared to a current price of $4.12 — trading 240.5% above its estimated fair value. The current Gross Profit is $323 Mil. Opendoor Technologies' overall GF Score™ is 58/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Opendoor Technologies (OPEN), the current Gross Profit is $323 Mil 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 $4.12 is trading 240.5% above its estimated GF Value™ of $1.21. GuruFocus considers Opendoor Technologies to be Significantly Overvalued.

Key valuation signals for OPEN:

  • Gross Profit: $323 Mil
  • GF Value™: $1.21 vs. price of $4.12 (240.5% above fair value)
  • GF Score™: 58/100 with 3 warning signs

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 Business Description

Address 1295 West Washington Street, Suite 115, Tempe, AZ, USA, 85288
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.
58GF Score

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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.12
Price
$1.21
GF Value