Offerpad Solutions Inc.

For the period ended Sep 30, 2026. Filed Nov 2, 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.

Sep 30, 2026 · Filed Nov 2, 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 · Nine Months Ended
	September 30,		September 30,
(in thousands, except per share data) (Unaudited)	2026	2025	2026	2025
Revenue	$78,069	$132,681	$235,797	$453,694
Cost of revenue	71,573	123,345	216,627	419,662
Gross profit	6,496	9,336	19,170	34,032
Operating expenses:
Sales, marketing and operating	8,292	10,141	23,488	37,157
General and administrative	6,574	5,149	19,481	20,141
Technology and development	985	788	2,825	2,794
Total operating expenses	15,851	16,078	45,794	60,092
Loss from operations	(9,355)	(6,742)	(26,624)	(26,060)
Other income (expense):
Change in fair value and expiration of warrant liabilities	69	(987)	361	(915)
Interest expense	(2,227)	(3,646)	(5,231)	(10,833)
Other income, net	71	151	663	691
Total other expense	(2,087)	(4,482)	(4,207)	(11,057)
Loss before income taxes	(11,442)	(11,224)	(30,831)	(37,117)
Income tax expense	(10)	(380)	(42)	(447)
Net loss	$(11,452)	$(11,604)	$(30,873)	$(37,564)
Net loss per share, basic	$(2.30)	$(3.71)	$(6.43)	$(13.00)
Net loss per share, diluted	$(2.30)	$(3.71)	$(6.43)	$(13.00)
Weighted average common shares outstanding, basic	4,983	3,128	4,800	2,889
Weighted average common shares outstanding, diluted	4,983	3,128	4,800	2,889

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.