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