---
title: "Opendoor Posts Better-Than-Expected Q1 Results: Details"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285620042.md"
description: "Opendoor Technologies Inc. (NASDAQ:OPEN) reported better-than-expected Q1 results, with losses of five cents per share, beating estimates of seven cents. Quarterly sales reached $720 million, surpassing the $666.54 million estimate. Homes purchased increased by 45% from the previous quarter, with over 5,000 acquisition contracts. The percentage of homes on the market for over 120 days dropped from 33% to 10%. Opendoor's stock rose 2.05% to $5.42 in after-hours trading, gaining 19.3% over the past month."
datetime: "2026-05-07T20:54:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285620042.md)
  - [en](https://longbridge.com/en/news/285620042.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285620042.md)
---

# Opendoor Posts Better-Than-Expected Q1 Results: Details

**Opendoor Technologies Inc.** (NASDAQ:OPEN) reported first-quarter results after Thursday’s closing bell, beating estimates on the top and bottom lines.

Here's a look at the details inside the report. 

-   **OPEN stock is moving.** Watch the price action here.

## **Opendoor Q1 Details**       

Opendoor reported quarterly losses of five cents per share, which beat the analyst consensus estimate for losses of seven cents, according to Benzinga Pro data. 

Quarterly sales of $720 million, which beat the Street estimate of $666.54 million by 8.02%.

Opendoor reported the following first-quarter highlights:

-   Homes purchased increased 45% from the prior quarter.
-   5,000+ acquisition contracts in the first quarter of 2026; double the fourth quarter of 2025 and the highest level since 2022.
-   Percentage of homes on the market over 120 Days declined from 33% to 10% quarter-over-quarter, compared to 33% for the overall market.

“As of April 1, Opendoor is adjusted EBITDA profitable, on a 12-month go-forward basis. The October cohort was just the start. A full quarter later, we’ve gone from a claim to a track record,” said **Kaz Nejatian**, CEO of Opendoor.

**Read Also: AMD Stock Gets A Racehorse-Sized Bull Call From Jim Cramer**

**OPEN Price Action:** Opendoor stock was up 2.05% at $5.42 during after-hours trading on Thursday, according to Benzinga Pro.

Over the past month, OPEN has gained about 19.3% versus a 11.4% rise in the S&P 500 and is down roughly 8% year-to-date compared to the index’s 6.7% gain.

_Photo: Around the World Photos / Shutterstock_

### Related Stocks

- [OPEN.US](https://longbridge.com/en/quote/OPEN.US.md)
- [PTEC.US](https://longbridge.com/en/quote/PTEC.US.md)
- [VNQ.US](https://longbridge.com/en/quote/VNQ.US.md)
- [IYR.US](https://longbridge.com/en/quote/IYR.US.md)
- [XLRE.US](https://longbridge.com/en/quote/XLRE.US.md)
- [AMD.US](https://longbridge.com/en/quote/AMD.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [OPENZ.US](https://longbridge.com/en/quote/OPENZ.US.md)
- [OPENL.US](https://longbridge.com/en/quote/OPENL.US.md)
- [OPENW.US](https://longbridge.com/en/quote/OPENW.US.md)

## Related News & Research

- [Opendoor's faster model boosts margins despite high rates](https://longbridge.com/en/news/286504162.md)
- [A Look At Opendoor Technologies (OPEN) Valuation After Recent Share Price Pullback](https://longbridge.com/en/news/286668855.md)
- [Think Twice Before You Make A Cash Offer On That Home — Your Money May Be Better Off Invested](https://longbridge.com/en/news/286566627.md)
- [Zillow Group (NASDAQ:Z) General Counsel Sells $125,241.72 in Stock](https://longbridge.com/en/news/286617523.md)
- [Zillow Group (NASDAQ:Z) COO Jun Choo Sells 1,228 Shares](https://longbridge.com/en/news/286645273.md)