OPEN
Opendoor Technologies margins
- Stocks
- Real Estate
- NASDAQ: OPEN
- Margins
Opendoor Technologies shows a gross margin of 8.6%, an operating margin of -16%, an EBITDA margin of -42%, and a net margin of -46.7%, although its operating margin is negative at -16%, its EBITDA margin is negative at -42%, and its net margin is negative at -46.7%. Across the available margins, gross margin advanced the most and net margin weakened the most, by 0.6 and 40.8 percentage points respectively.
OPEN margin history
Over the last 3 years, Opendoor Technologies's margins averaged 8.23% gross, -7.35% operating, -10.92% EBITDA, and -15% net. For Opendoor Technologies, gross margin is above its three-year average, while operating, EBITDA, and net margins are below their three-year averages.
OPEN margin expansion
The strongest improvement was in gross margin, which increased by 0.6 percentage points, whereas operating margin contracted by 11.6 percentage points, EBITDA margin by 39.6 percentage points, and net margin by 40.8 percentage points.
OPEN Gross margin
Looking back over the last 3 years, Opendoor Technologies recorded an average gross margin of 8.23%. Opendoor Technologies's current gross margin is 8.6% and is 0.4 percentage points above its three-year average. The highest gross margin for Opendoor Technologies was 9% in Jun 2024, while the lowest was 7% in Dec 2023.
OPEN Operating margin
Across the last 3 years, Opendoor Technologies had an average operating margin of -7.35%. Right now, the current operating margin for Opendoor Technologies is -16%, 8.7 percentage points below its three-year average. Looking back over the last 3 years, Opendoor Technologies's operating margin reached -4.4% at its highest point in Jun 2025 and -16% at its lowest in Jun 2026.
OPEN EBITDA margin
Over the last 3 years, the average EBITDA margin for Opendoor Technologies was -10.92%. The latest EBITDA margin for Opendoor Technologies is -42%, 31.1 percentage points below its three-year average. Opendoor Technologies's EBITDA margin ranged from a low of -42% in Jun 2026 to a high of 0.1% in Dec 2023.
OPEN Net margin
In the last 3 years, Opendoor Technologies had an average net margin of -15%. Opendoor Technologies currently reports a net margin of -46.7%, 31.7 percentage points below its three-year average. Looking back over the last 3 years, Opendoor Technologies's net margin reached -4% at its highest point in Dec 2023 and -46.7% at its lowest in Jun 2026.
OPEN margin group comparison
With a gross margin of 8.6%, OPEN stands below the Real Estate sector and the industry average. In comparison with its Real Estate sector average of 62.8%, Opendoor Technologies's gross margin is 86% lower.
Frequently asked questions
What is Opendoor Technologies's gross margin?
For the period ending Jun 30, 2026, OPEN recorded a gross margin of 8.6%.
What is Opendoor Technologies's operating margin?
For the period ending Jun 30, 2026, OPEN recorded an operating margin of -16%.
What is Opendoor Technologies's EBITDA margin?
As of Jun 30, 2026, OPEN has an EBITDA margin of -42%.
What is Opendoor Technologies's net margin?
As of Jun 30, 2026, OPEN has a negative net margin of -46.7%.
What are the average margins of OPEN?
Looking back over 3 years, OPEN recorded average margins of 8.2% gross, -7.4% operating, -10.9% EBITDA, and -15.0% net.
What are the highest historical margins of OPEN?
Over the last 5 years, Opendoor Technologies's highest margins were 9.7% gross in Jun 2022, -0.1% operating in Jun 2022, 0.5% EBITDA in Jun 2022, and -1.8% net in Jun 2022.
What are the lowest historical margins of OPEN?
In the last 5 years, the lowest margins reported by OPEN were -0.3% gross in Jun 2023, -16% operating in Jun 2026, -42% EBITDA in Jun 2026, and -46.7% net in Jun 2026.