Opendoor's faster model boosts margins despite high rates

MSN
2026.05.15 03:51
portai
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Opendoor's new model emphasizes quick home turnover, enhancing margins which rose to 4.4% in Q1 2026 from 1.0% in Q4 2025. The company aims for adjusted EBITDA profitability in Q2 2026 and expects to reach net income breakeven by the end of the year.