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Opendoor reports Q1 2026 with improved margins, faster sales, and plans for profitability by year-end.

Company Fundamentals
07 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Opendoor Technologies announced strong Q1 2026 results, highlighting doubled acquisition contracts, reduced aged inventory from 51% to 10%, and improved resale margins reaching the highest since mid-2024. The company achieved adjusted EBITDA profitability on a 12-month basis as of April 1, 2026, driven by faster home sales and better unit economics. Opendoor aims for adjusted net income positivity by the end of 2026 and expects Q2 revenue growth of 25% with contribution margins between 5-7%. This marks a structural shift in their business model focused on scaling acquisitions, improving margins, and building operating leverage.

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