---
title: "Opendoor Technologies reports better-than-expected Q1 results along with light Q2 sales guidance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285610966.md"
description: "Opendoor Technologies reported better-than-expected Q1 results with revenue of $720 million, surpassing estimates. The company achieved adjusted EBITDA profitability on a 12-month basis as of April 1. For Q2, it expects sales of about $900 million, below estimates, with adjusted EBITDA remaining flat. Under new leadership, Opendoor is focusing on aggressive home-flipping and utilizing AI for assessments and closings. Its share price has remained stable, trading between $4.30 and $5.60 since late January 2026."
datetime: "2026-05-07T20:21:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285610966.md)
  - [en](https://longbridge.com/en/news/285610966.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285610966.md)
---

# Opendoor Technologies reports better-than-expected Q1 results along with light Q2 sales guidance

Opendoor Technologies delivered a set of better-than-expected Q1 results while touting that it’s just achieved a key profitability milestone.

In Q1, the online real estate company reported:

-   Revenue: $720 million (estimate: $665.2 million)
-   Adjusted EBITDA: -$31 million (estimate: -$33.5 million)

In the press release, the company said it is adjusted EBITDA profitable on a 12-month go-forward basis as of April 1.

For Q2, management offered mixed guidance. The company expects sales of about $900 million (estimate: $1.13 billion) with adjusted EBITDA roughly flat (estimate: -$4.66 million).

Under its new leadership, the online real estate company has redoubled its efforts on aggressive home-flipping and adopted a “default to AI approach,” including using the technology for home assessments and in closings.

Opendoor’s share price, one of the most interesting things in the stock market for a couple months in 2025, has been decidedly boring in 2026. Since late January, it’s traded in a range of roughly $4.30 to $5.60.

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