Offerpad Solutions Inc.

For the period ended Jun 30, 2026. Filed Aug 3, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 3, 2026

OPAD$2.11-1.9%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

Three Months Ended · Six Months Ended
	June 30,		June 30,
(in thousands, except per share data) (Unaudited)	2026	2025	2026	2025
Revenue	$77,653	$160,315	$157,728	$321,013
Cost of revenue	70,536	146,126	145,054	296,317
Gross profit	7,117	14,189	12,674	24,696
Operating expenses:
Sales, marketing and operating	7,622	13,188	15,196	27,016
General and administrative	6,780	7,796	12,907	14,992
Technology and development	954	986	1,840	2,006
Total operating expenses	15,356	21,970	29,943	44,014
Loss from operations	(8,239)	(7,781)	(17,269)	(19,318)
Other income (expense):
Change in fair value of warrant liabilities	123	329	292	72
Interest expense	(1,387)	(3,665)	(3,004)	(7,187)
Other income, net	231	244	592	540
Total other expense	(1,033)	(3,092)	(2,120)	(6,575)
Loss before income taxes	(9,272)	(10,873)	(19,389)	(25,893)
Income tax expense	(16)	(30)	(32)	(67)
Net loss	$(9,288)	$(10,903)	$(19,421)	$(25,960)
Net loss per share, basic	$(1.94)	$(3.93)	$(4.13)	$(9.38)
Net loss per share, diluted	$(1.94)	$(3.93)	$(4.13)	$(9.38)
Weighted average common shares outstanding, basic	4,795	2,777	4,708	2,767
Weighted average common shares outstanding, diluted	4,795	2,777	4,708	2,767

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.