Q2 FY2026 EarningsQ2 2026 performance slightly missed revenue expectations but demonstrated significant operational progress, with revenue at $883M vs. $906M mean consensus. Gross margin of 9.7% missed the 9.9% expectation, yet contribution margins improved 140bps YoY to 5.8%. Management notably improved acquisition efficiency, generating ~6,900 contracts on just $5M marketing spend, and issued Q3 revenue guidance of at least 20% YoY growth, signaling a clear path to positive Adjusted Net Income (ANI) by year-end 2026.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Opendoor Tech(OPEN) the Revenue is 883 M (-43.65%), Miss estimate;the EBIT is -144 M (-1008%), Miss estimate;the EPS is -0.17 (-325%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.88B43.65%
0.91B42.19%
-0.02B1.46%
EBITMiss expectations
-0.14B1007.69%
-0.07B424.86%
-0.08B582.83%
EPSMiss expectations
-0.17325.00%
-0.071779.13%
-0.0983245.87%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf