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Opendoor Technologies (Opendoor Technologies) Pre-Tax Income : $-274 Mil (TTM As of Dec. 2023)


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What is Opendoor Technologies Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Opendoor Technologies's pretax income for the three months ended in Dec. 2023 was $-91 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-274 Mil. Opendoor Technologies's pretax margin was -10.46%.

During the past 6 years, Opendoor Technologies's highest Pretax Margin was -3.94%. The lowest was -13.03%. And the median was -8.46%.


Opendoor Technologies Pre-Tax Income Historical Data

The historical data trend for Opendoor Technologies's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Opendoor Technologies Pre-Tax Income Chart

Opendoor Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial -339.00 -253.00 -661.00 -1,351.00 -274.00

Opendoor Technologies Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -399.00 -101.00 24.00 -106.00 -91.00

Competitive Comparison of Opendoor Technologies's Pre-Tax Income

For the Real Estate Services subindustry, Opendoor Technologies's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Opendoor Technologies's Pre-Tax Income Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Opendoor Technologies's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Opendoor Technologies's Pre-Tax Income falls into.



Opendoor Technologies Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Opendoor Technologies's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-372+309+-211+0+0
=-274

Opendoor Technologies's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-111+57+-37+0+0
=-91

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-274 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Opendoor Technologies  (NAS:OPEN) Pre-Tax Income Explanation

Opendoor Technologies's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-91/870
=-10.46%

During the past 6 years, Opendoor Technologies's highest Pretax Margin was -3.94%. The lowest was -13.03%. And the median was -8.46%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Opendoor Technologies Pre-Tax Income Related Terms

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Opendoor Technologies (Opendoor Technologies) Business Description

Traded in Other Exchanges
Address
410 N. Scottsdale Road, Suite 1600, Tempe, AZ, USA, 85281
Opendoor Technologies Inc is a digital platform for residential real estate. This platform enables customers to buy and sell houses online. It generates revenue through home sales, along with other revenue from real estate services.
Executives
Megan D. Meyer officer: President, Sell Direct & Svcs. C/O OPENDOOR TECHNOLOGIES, INC., 410 N. SCOTTSDALE ROAD, SUITE 1600, TEMPE AZ 85281
Christina Schwartz officer: See Remarks C/O OPENDOOR TECHNOLOGIES, INC., 410 N. SCOTTSDALE ROAD, SUITE 1600, TEMPE AZ 85281
Sydney Schaub officer: Chief Legal Officer OPENDOOR TECHNOLOGIES INC., 410 N. SCOTTSDALE ROAD, SUITE 1600, TEMPE AZ 85281
Carrie Wheeler officer: CFO 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Eric Chung-wei Wu director, officer: CEO C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Daniel Morillo officer: Chief Investment Officer C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Low Ah Kee Andrew officer: President C/O GODADDY INC., 14455 N. HAYDEN RD., SCOTTSDALE AZ 85260
Glenn Solomon director C/O GGV CAPITAL, 3000 SAND HILL ROAD, SUITE 4-230, MENLO PARK CA 94025
Pueo Keffer director C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Svf Excaliber (cayman) Ltd 10 percent owner 27 HOSPITAL ROAD, WALKERS CORPORATE LTD., CAYMAN CORPORATE CENTRE, GEORGE TOWN, GRAND CAYMAN E9 KY-9008
Elizabeth Ann Stevens officer: Head of Legal C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Rice E. John Jr director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Jason Kilar director 208 S. AKARD ST, DALLAS TX 75202
Jonathan M Jaffe director LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172