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Opendoor Technologies free cash flow OPEN

Cash from operations less capital spending, by quarter and over the last twelve months, from 2020.

Last 12 months, to Jun 30, 2026
−$474M
Latest quarter, Q2 FY26
−$723M
−188% on a year earlier
Fiscal year 2025
$1B

Opendoor Technologies' free cash flow was −$474M over the twelve months to Jun 30, 2026, down 193% on a year earlier.

In its latest quarter, Q2 FY26, it was −$723M, down 188% on the same quarter a year before.

Free cash flow over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearFree cash flowChange
FY2025$1Bn/a
FY2024−$620M−127%
FY2023$2.3B+233%
FY2022$693Mn/a
FY2021−$5.8B−977%
FY2020$664.6Mn/a

Each fiscal year is the twelve months to its fourth quarter.

Quarter by quarter

QuarterEndedFree cash flowOn a year earlierLast 12 months
Q2 FY26−$723M−188%−$474M
Q1 FY26−$250Mn/a$1.1B
Q4 FY25$67Mn/a$1B
Q3 FY25$432M+671%$887M
Q2 FY25$821Mn/a$511M
Q1 FY25−$283Mn/a−$717M
Q4 FY24−$83Mn/a−$620M
Q3 FY24$56Mn/a−$1.1B
Q2 FY24−$407M−144%−$1.4B
Q1 FY24−$186M−109%−$33M
Q4 FY23−$551M−140%$2.3B
Q3 FY23−$227Mn/a$4.2B

Against its peers

Companies in Real Estate - Services nearest Opendoor Technologies' size, closest first, today.

CompanyFree cash flow yield
OPENOpendoor Technologies−24.7%
GTYGetty Realty7.4%
NMRKNewmark38.2%
UEUrban Edge Properties2.5%
IIPRInnovative Industrial Propertiesn/m
CWKCushman & Wakefield9.0%
FORForestar21.3%
CURBCurbline Properties3.2%
MMIMarcus & Millichap8.1%
MRPMillrose Propertiesn/m
GOODGladstone Commercialn/m
Peer median8.1%

What the free cash flow tells you

Cash from operations minus capital spending. The cash the company could hand back or reinvest.

Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.

More on Opendoor Technologies

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.