Every 10-Q that Offerpad Solutions Inc (OPAD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow OPAD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OPAD filings page.
Offerpad Solutions Inc. reported Q2 2026 revenue of $77.7 million (three months ended June 30, 2026), down from $160.3 million a year earlier, with gross profit of $7.1 million and a net loss of $9.3 million versus $10.9 million in Q2 2025. For the first half of 2026, revenue was $157.7 million and net loss $19.4 million, both improved from 2025.
As of June 30, 2026, total assets were $160.3 million, including real estate inventory of $94.2 million and cash and cash equivalents of $33.1 million. Total liabilities were $123.0 million, largely credit facilities and other debt of $99.9 million, leaving stockholders’ equity of $37.3 million.
The company executed a 1-for-10 reverse stock split effective June 9, 2026 and completed a January 2026 registered direct equity offering for $18.0 million. Management cites a Q2 2026 gross margin of 9.2%, smaller inventory valuation adjustments, and continued deployment of AI-driven portfolio tools amid weak housing demand and elevated mortgage rates.
Offerpad Solutions Inc. reports a smaller loss on sharply lower sales for Q1 2026. Revenue was $80.1 million, down from $160.7 million a year earlier as difficult U.S. housing conditions and a focus on selling older inventory reduced transaction volume.
Net loss improved to $10.1 million from $15.1 million, helped by lower operating expenses and interest costs. Cash and cash equivalents rose to $40.8 million from $26.5 million at year-end 2025, supported by an $18.0 million January 2026 equity offering of 10 million Class A shares at $1.80 per share. Real estate inventory declined to $74.7 million from $93.8 million, while total debt fell to $80.4 million from $92.7 million.
The company continues to face macro headwinds, including housing affordability pressures and mortgage rate volatility, and is addressing New York Stock Exchange listing deficiencies related to market capitalization and share price, with a potential reverse stock split to be voted on at the 2026 annual meeting.
Offerpad Solutions Inc. reported Q3 2025 results. Revenue was $132.7 million versus $208.1 million a year ago, with gross profit of $9.3 million. Operating loss was $6.7 million and net loss was $11.6 million ($0.37 per share), compared to a net loss of $13.5 million in Q3 2024.
As of September 30, 2025, cash and equivalents were $31.0 million, real estate inventory was $162.4 million, total assets were $223.5 million, liabilities were $183.6 million, and stockholders’ equity was $39.9 million. Credit facilities and other debt, net, totaled $156.8 million, including $14.6 million outstanding on a new three-year $15.0 million revolving credit facility entered in July 2025. Net cash from operating activities was $16.3 million for the nine months.
Capital actions included a July 2025 offering of 2,857,143 shares and 1,428,571 warrants for $6.0 million gross, and ATM sales of 4,295,542 shares for $21.7 million gross in Q3. Shares outstanding were 34,928,124 at quarter-end and 36,859,946 as of October 27, 2025. Warrant liabilities reflect 16.1 million public and 5.7 million private placement warrants (15 warrants per share, exercise price $172.50), with public warrants expiring September 1, 2026.