Financials in USD. Standardized financial statements.
A compact view of how Offerpad Solutions Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $567.81M | $918.82M | $1.31B | $3.95B | $2.07B | $1.06B | $1.08B | $855.96M |
| Revenue Growth? | -38.2% | -30.1% | -66.7% | +90.9% | +94.5% | -1.1% | +25.7% | 0.0% |
| Cost of Revenue? | $525.77M | $846.62M | $1.24B | $3.77B | $1.86B | $976.48M | $1.00B | $790.10M |
| Gross Profit? | $42.04M | $72.19M | $70.18M | $182.42M | $207.81M | $87.78M | $74.39M | $65.86M |
| Gross Margin? | +7.4% | +7.9% | +5.3% | +4.6% | +10.0% | +8.2% | +6.9% | +7.7% |
| Operating Expenses? | $75.43M | $118.24M | $174.59M | $309.74M | $188.05M | $101.54M | $107.79M | $79.96M |
| Operating Income? | -$33.39M | -$46.04M | -$104.41M | -$127.32M | $19.77M | -$13.76M | -$33.40M | -$14.10M |
| EBITDA? | -$30.17M | -$42.83M | -$97.47M | -$101.24M | $23.00M | -$12.49M | -$33.02M | -$13.91M |
| Income Before Tax | -$45.94M | -$62.13M | -$117.06M | -$148.25M | $6.63M | -$22.95M | -$51.70M | -$32.43M |
| Income Tax Expense | $441,000 | $31,000 | $163,000 | $359,000 | $170,000 | $163,000 | $254,000 | $506,000 |
| Net Income? | -$46.38M | -$62.16M | -$117.22M | -$148.61M | $6.46M | -$23.12M | -$51.95M | -$32.94M |
| EPS? | $-1.50 | $-2.27 | $-4.44 | $-9.15 | $0.75 | $-6.00 | $-97.80 | $-59.86 |
| Diluted EPS? | $-1.50 | $-2.27 | $-4.44 | $-9.15 | $0.75 | $-6.00 | $-15.49 | $-59.86 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality