Opendoor Technologies Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
View on SEC.govAbout 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, 2025 · Filed Nov 6, 2025
OPEN$1.31-7.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Shareholders’ Equity
(In millions, except number of shares)
| Shareholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveLoss · TotalShareholders’Equity | ||||||
| Shares · Amount | ||||||
| BALANCE–June 30, 2025 | 733,592,980 | $— | $4,470 | $(3,839) | $— | $631 |
| Issuance of common stock for settlement of RSUs, net of shares withheld for participant taxes | 6,897,890 | — | — | — | — | — |
| Exercise of stock options | 2,648,969 | — | 4 | — | — | 4 |
| Issuance of common stock under employee stock purchase plan, net of shares withheld for participant taxes | 641,139 | — | 1 | — | — | 1 |
| Issuance of common stock in connection with PIPE offering, net of equity issuance costs | 6,165,412 | — | 41 | — | — | 41 |
| Issuance of common stock under at-the-market offering, net of equity issuance costs | 21,587,667 | — | 195 | — | — | 195 |
| Settlement of Capped Calls related to the 2026 Notes | — | — | 1 | — | — | 1 |
| Stock-based compensation | — | — | 28 | — | — | 28 |
| Other comprehensive income | — | — | — | — | — | — |
| Net loss | — | — | — | (90) | — | (90) |
| BALANCE–September 30, 2025 | 771,534,057 | $— | $4,740 | $(3,929) | $— | $811 |
| Shareholders’ Equity | ||||||
| Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveLoss · TotalShareholders’Equity | ||||||
| Shares · Amount | ||||||
| BALANCE–December 31, 2024 | 719,990,121 | $— | $4,438 | $(3,725) | $— | $713 |
| Issuance of common stock for settlement of RSUs, net of shares withheld for participant taxes | 19,528,927 | — | 2 | — | — | 2 |
| Exercise of stock options | 2,677,452 | — | 4 | — | — | 4 |
| Issuance of common stock under employee stock purchase plan, net of shares withheld for participant taxes | 1,584,478 | — | 2 | — | — | 2 |
| Issuance of common stock in connection with PIPE offering, net of equity issuance costs | 6,165,412 | — | 41 | — | — | 41 |
| Issuance of common stock under at-the-market offering, net of equity issuance costs | 21,587,667 | — | 195 | — | — | 195 |
| Settlement of Capped Calls related to the 2026 Notes | — | — | 1 | — | — | 1 |
| Stock-based compensation | — | — | 57 | — | — | 57 |
| Other comprehensive income | — | — | — | — | — | — |
| Net loss | — | — | — | (204) | — | (204) |
| BALANCE–September 30, 2025 | 771,534,057 | $— | $4,740 | $(3,929) | $— | $811 |
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
(In millions, except number of shares)
| Shareholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveLoss · TotalShareholders’Equity | ||||||
| Shares · Amount | ||||||
| BALANCE–June 30, 2024 | 698,843,166 | $— | $4,379 | $(3,534) | $— | $845 |
| Issuance of common stock for settlement of RSUs, net of shares withheld for participant taxes | 11,194,753 | — | 1 | — | — | 1 |
| Exercise of stock options | 169,483 | — | — | — | — | — |
| Issuance of common stock under employee stock purchase plan, net of shares withheld for participant taxes | 1,453,469 | — | 3 | — | — | 3 |
| Stock-based compensation | — | — | 30 | — | — | 30 |
| Other comprehensive income | — | — | — | — | — | — |
| Net loss | — | — | — | (78) | — | (78) |
| BALANCE–September 30, 2024 | 711,660,871 | $— | $4,413 | $(3,612) | $— | $801 |
| Shareholders’ Equity | ||||||
| Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveLoss · TotalShareholders’Equity | ||||||
| Shares · Amount | ||||||
| BALANCE–December 31, 2023 | 677,636,163 | $— | $4,301 | $(3,333) | $(1) | $967 |
| Issuance of common stock for settlement of RSUs, net of shares withheld for participant taxes | 30,590,634 | — | 1 | — | — | 1 |
| Exercise of stock options | 363,277 | — | — | — | — | — |
| Issuance of common stock under employee stock purchase plan, net of shares withheld for participant taxes | 3,070,797 | — | 5 | — | — | 5 |
| Stock-based compensation | — | — | 106 | — | — | 106 |
| Other comprehensive income | — | — | — | — | 1 | 1 |
| Net loss | — | — | — | (279) | — | (279) |
| BALANCE–September 30, 2024 | 711,660,871 | $— | $4,413 | $(3,612) | $— | $801 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.