Opendoor Technologies Inc is an end-to-end real estate platform enabling customers to sell and buy a home online. Its product offerings include Sell to Opendoor, its core product where sellers sell their homes directly to the company, and it resells those homes to buyers; List with Opendoor, for customers to list their homes with a partner agent; and Opendoor Marketplace, a capital light marketplace offering that connects home sellers with both institutional and retail buyers. In addition to these products, the company also offers its customers integrated title insurance and escrow services through its subsidiaries. A vast majority of the company's revenue is generated by its core product offering, where it acquires homes directly from sellers and resells those homes to buyers.
2013
1.5K+
LTM Revenue $5.2B
LTM EBITDA -$126M
$2.3B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Opendoor has a last 12-month revenue of $5.2B and a last 12-month EBITDA of -$126M.
In the most recent fiscal year, Opendoor achieved revenue of $5.2B and an EBITDA of -$205M.
Opendoor expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Opendoor valuation multiples based on analyst estimatesFY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $6.9B | $5.2B | XXX | XXX | XXX |
Gross Profit | $667M | $487M | XXX | XXX | XXX |
Gross Margin | 10% | 9% | XXX | XXX | XXX |
EBITDA | $9.0M | -$205M | XXX | XXX | XXX |
EBITDA Margin | 0% | -4% | XXX | XXX | XXX |
Net Profit | -$1.4B | -$275M | XXX | XXX | XXX |
Net Margin | -19% | -5% | XXX | XXX | XXX |
Net Debt | $4.2B | $1.5B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of April 15, 2025, Opendoor's stock price is $1.
Opendoor has current market cap of $690M, and EV of $2.3B.
See Opendoor trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$2.3B | $690M | XXX | XXX | XXX | XXX | $-0.52 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of April 15, 2025, Opendoor has market cap of $690M and EV of $2.3B.
Opendoor's trades at 0.4x LTM EV/Revenue multiple, and -18.4x LTM EBITDA.
Analysts estimate Opendoor's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Opendoor and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | $2.3B | XXX | XXX | XXX |
EV/Revenue | 0.5x | XXX | XXX | XXX |
EV/EBITDA | -11.4x | XXX | XXX | XXX |
P/E | -1.8x | XXX | XXX | XXX |
P/E/Growth | n/a | XXX | XXX | XXX |
EV/FCF | -3.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpOpendoor's NTM/LTM revenue growth is 8%
Opendoor's revenue per employee for the last fiscal year averaged $3.5M, while opex per employee averaged $0.5M for the same period.
Over next 12 months, Opendoor's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Opendoor's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Opendoor and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | -26% | XXX | XXX | XXX | XXX |
EBITDA Margin | -4% | XXX | XXX | XXX | XXX |
EBITDA Growth | -2378% | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | 4% | XXX | XXX | XXX | XXX |
Revenue per Employee | $3.5M | XXX | XXX | XXX | XXX |
Opex per Employee | $0.5M | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | 8% | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | 4% | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | 3% | XXX | XXX | XXX | XXX |
Opex to Revenue | 14% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
EV/Revenue | EV/EBITDA | |||||
---|---|---|---|---|---|---|
2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
New Amsterdam Invest | XXX | XXX | XXX | XXX | XXX | XXX |
IEP Invest | XXX | XXX | XXX | XXX | XXX | XXX |
Immobel | XXX | XXX | XXX | XXX | XXX | XXX |
Inclusio | XXX | XXX | XXX | XXX | XXX | XXX |
Compagnie Financiere | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Opendoor acquired XXX companies to date.
Last acquisition by Opendoor was XXXXXXXX, XXXXX XXXXX XXXXXX . Opendoor acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign UpWhen was Opendoor founded? | Opendoor was founded in 2013. |
Where is Opendoor headquartered? | Opendoor is headquartered in United States of America. |
How many employees does Opendoor have? | As of today, Opendoor has 1.5K+ employees. |
Who is the CEO of Opendoor? | Opendoor's CEO is Ms. Carrie A. Wheeler. |
Is Opendoor publicy listed? | Yes, Opendoor is a public company listed on NAS. |
What is the stock symbol of Opendoor? | Opendoor trades under OPEN ticker. |
When did Opendoor go public? | Opendoor went public in 2020. |
Who are competitors of Opendoor? | Similar companies to Opendoor include e.g. New Amsterdam Invest, IEP Invest, Immobel, Inclusio. |
What is the current market cap of Opendoor? | Opendoor's current market cap is $690M |
What is the current revenue of Opendoor? | Opendoor's last 12-month revenue is $5.2B. |
What is the current EBITDA of Opendoor? | Opendoor's last 12-month EBITDA is -$126M. |
What is the current EV/Revenue multiple of Opendoor? | Current revenue multiple of Opendoor is 0.4x. |
What is the current EV/EBITDA multiple of Opendoor? | Current EBITDA multiple of Opendoor is -18.4x. |
What is the current revenue growth of Opendoor? | Opendoor revenue growth between 2023 and 2024 was -26%. |
Is Opendoor profitable? | Yes, Opendoor is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.