OPAD (Offerpad Solutions) Selling, General, & Admin. Expense: $64.7 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OPAD Offerpad Solutions Inc OPAD
45 GF Score
Price $4.81
GF Value $10.05
Valuation Possible Value Trap
! 4 Warning Signs
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What is Offerpad Solutions Selling, General, & Admin. Expense?

Offerpad Solutions OPAD +3.00% 45 Selling, General, & Admin. Expense is $64.7 Mil as of Mar. 2026. GuruFocus rates OPAD with a GF Score™ of 45/100 and a GF Value™ of $10.05 (Possible Value Trap). The stock has 4 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Offerpad Solutions's selling, general, & admin. expense for the three months ended in Mar. 2026 was $13.7 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $64.7 Mil.


Offerpad Solutions  (NYSE:OPAD) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Offerpad Solutions Selling, General, & Admin. Expense Related Terms


Offerpad Solutions Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Offerpad Solutions's Selling, General, & Admin. Expense 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.

Offerpad Solutions Selling, General, & Admin. Expense Chart

Offerpad Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 177.19 297.65 166.65 113.71 72.03

Offerpad Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 21.02 20.98 15.29 14.73 13.70

OPAD vs ABCP, MDRR, NYC: Selling, General, & Admin. Expense Comparison

For the Real Estate Services subindustry, Offerpad Solutions's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Offerpad Solutions Selling, General, & Admin. Expense vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Offerpad Solutions's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Offerpad Solutions's Selling, General, & Admin. Expense falls into.


OPAD
45GF Score
Offerpad Solutions Inc OPAD
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Offerpad Solutions Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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 $64.7 Mil.

* 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.

What does a Selling, General, & Admin. Expense of $64.7 Mil mean?
Offerpad Solutions (OPAD) has a Selling, General, & Admin. Expense of $64.7 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Offerpad Solutions and its competitors.
Is Offerpad Solutions' Selling, General, & Admin. Expense too high?
Offerpad Solutions' current Selling, General, & Admin. Expense is $64.7 Mil. Overall, Offerpad Solutions has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Offerpad Solutions' Selling, General, & Admin. Expense compare to ABCP and MDRR?
Offerpad Solutions' Selling, General, & Admin. Expense of $64.7 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 Selling, General, & Admin. Expense for a Real Estate company?
A good Selling, General, & Admin. Expense depends on the Real Estate industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Offerpad Solutions and its competitors. Offerpad Solutions's current Selling, General, & Admin. Expense is $64.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Offerpad Solutions stock overvalued right now?
Based on GuruFocus' analysis, Offerpad Solutions (OPAD) is currently considered Possible Value Trap. The stock's GF Value™ is $10.05, compared to a current price of $4.81 — trading 52.1% below its estimated fair value. The current Selling, General, & Admin. Expense is $64.7 Mil. Offerpad Solutions' overall GF Score™ is 45/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Offerpad Solutions (OPAD), the current Selling, General, & Admin. Expense is $64.7 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 Offerpad Solutions (OPAD) Overvalued in 2026?

Based on GuruFocus' analysis, Offerpad Solutions stock appears to be undervalued. The current stock price of $4.81 is trading 52.1% below its estimated GF Value™ of $10.05. GuruFocus considers Offerpad Solutions to be Possible Value Trap.

Key valuation signals for OPAD:

  • Selling, General, & Admin. Expense: $64.7 Mil
  • GF Value™: $10.05 vs. price of $4.81 (52.1% below fair value)
  • GF Score™: 45/100 with 4 warning signs

No single metric tells the full story. See the OPAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Offerpad Solutions Business Description

Other Exchanges R790:Germany
Address 433 South Farmer Avenue, Suite 500, Tempe, AZ, USA, 85281
Offerpad Solutions Inc provides a way to buy and sell a home. It uses technology-enabled solutions to remake the home selling and buying experience by offering customers the convenience, control, and certainty to solve their housing needs. It combines fundamental real estate expertise with the data-driven digital Solutions Center platform to efficiently sell and buy their homes online with streamlined access to other services, including mortgage, listing, renovation, and buyer representation services.
45GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.81
Price
$10.05
GF Value