Opendoor Technologies (OPEN) Revenue — Quarter Ended Sep 30, 2025
Revenue declined in the current quarter compared to both the prior quarter and the same quarter last year. The decrease reflects a sharp reversal from the growth seen in the preceding period.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue declined in the current quarter compared to both the prior quarter and the same quarter last year. The decrease reflects a sharp reversal from the growth seen in the preceding period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$915M
Revenue reported for this quarter.
Quarter-over-quarter
-41.6%
Change from the immediately preceding quarter.
Year-over-year
-33.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2024 | $1.1B | +24.6% |
| Mar 31, 2025 | $1.2B | -2.4% |
| Jun 30, 2025 | $1.6B | +3.7% |
| Sep 30, 2025 | $915M | -33.6% |
Revenue performance
The reported revenue moved downward from the immediately preceding quarter. The year-over-year comparison also showed a decline.
Quarterly comparison
Compared to the prior quarter, revenue fell significantly. When measured against the same quarter one year earlier, revenue was also lower.
What to watch
The filing notes that seasonal patterns in the real estate market may be obscured by macroeconomic factors such as interest rate fluctuations.