Offerpad Solutions Inc. filings document the public-company disclosures of a tech-enabled residential real estate solutions company with Class A common stock listed on the New York Stock Exchange under OPAD. Its reports cover operating and financial results, material events, capital-structure matters and equity-related disclosures, including documents tied to open market sales of Class A common stock.
The company’s proxy and governance filings describe shareholder voting matters, board composition, committee assignments, director compensation and annual meeting procedures. Offerpad’s regulatory record also includes disclosures related to material agreements, risk factors and the operating model behind its Cash Offer, marketplace, brokerage and renovation solutions.
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 reported Q2 2026 revenue of $78 million from 295 closed real estate transactions, with 206 homes sold. Revenue declined 52% year over year from about $160 million as total real estate transactions fell 48%. Net loss was $9.3 million, or $1.94 per share, modestly improved from a $10.9 million loss a year earlier, while Adjusted EBITDA was a loss of $6.2 million.
Profitability metrics strengthened. Gross margin improved to 9.2% from 6.9% in Q1 2026 and 8.9% a year ago, the highest since Q3 2023. Contribution profit after interest per real estate transaction rose to $13,500, from $5,500 in Q1 and $9,900 in Q2 2025, aided by higher-margin services, which reached 30% of transactions versus 20% in Q1. The company cites over $140 million in annualized expense reductions since 2022 and an average time to cash of 119 days in June.
As of June 30, 2026, cash and cash equivalents were $33.1 million and total assets $160.3 million. Offerpad aims to exit 2026 at a run-rate of about 1,000 home transactions per quarter and positive Adjusted EBITDA. For Q3 2026, it guides to $90–$100 million of revenue and 350–400 real estate transactions, with Adjusted EBITDA expected to improve sequentially.
DEGIORGIO KENNETH D reported acquisition or exercise transactions in this Form 4 filing.
Offerpad Solutions Inc. director Kenneth D. DeGiorgio received an equity award of 4,807 shares of Class A Common Stock. The shares were granted at no cash cost per share and bring his directly held position reported in this filing to 45,615 shares.
The award consists of fully vested restricted stock units that will be settled in Class A common shares within 45 days after the earliest of the director’s separation from service, a change in control of Offerpad, the director’s death, or the director’s disability.
OHARA RYAN reported acquisition or exercise transactions in this Form 4 filing.
Offerpad Solutions Inc. director Ryan O'Hara reported an equity award of 3,558 shares of Class A common stock at a price of $0.00 per share. This award increases his directly held position to 36,429 shares.
The award consists of fully vested restricted stock units that will be settled in Class A common shares within 45 days after the earliest of the director’s separation from service, a change in control of the company, death, or disability. This reflects routine director compensation in equity rather than an open-market purchase or sale.
Offerpad Solutions Inc. ownership disclosure: Kemnay Advisory Services Inc. amends its Schedule 13G to report beneficial ownership of 200,002 shares of Class A common stock, representing 4.23% of the class. The percentage is calculated using 47,317,853 shares outstanding as of April 23, 2026.
The filing lists 200,002 shares as the reporting person’s sole voting power and sole dispositive power. The cover-page rows referenced by the amendment are incorporated by reference; the filing is signed by Chad D. Livingston as Managing Director on July 1, 2026.
Offerpad Solutions Inc. Chief Legal Officer Adam Martinez reported a small share disposition that was purely for tax purposes. The company withheld 235 shares of Class A Common Stock, valued at $4.95 per share, to satisfy tax obligations on vested restricted stock units. After this withholding, Martinez directly holds 31,944 shares.
Offerpad Solutions Inc. reported results of its 2026 annual stockholder meeting and implemented a reverse stock split of its Class A common stock. Stockholders approved a 1-for-10 reverse stock split, authorizing the Board to amend the certificate of incorporation. The Board subsequently approved and effected the split, and the common stock began trading on a split-adjusted basis on June 9, 2026 under the existing symbol OPAD and a new CUSIP.
Stockholders also elected two Class II directors, Donna Corley and Tela Mathias, each to serve until the 2029 annual meeting and until their successors are elected and qualified. They ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026 and approved, on an advisory basis, the compensation of the company’s named executive officers.
Offerpad Solutions Inc. Chief Financial Officer Peter H. Knag reported share dispositions tied to tax withholding rather than open-market selling. On June 4 and 5, 2026, a total of 62,222 shares of Class A Common Stock were withheld by the company to cover taxes on vesting restricted stock units. Individual withholdings were 42,393 shares at $0.74 per share and 19,829 shares at $0.62 per share. After these transactions, Knag directly held 557,067 shares of Class A Common Stock.
DEGIORGIO KENNETH D reported acquisition or exercise transactions in this Form 4 filing.
Offerpad Solutions Inc. director Kenneth D. DeGiorgio received a grant of 108,696 restricted stock units (RSUs) tied to the company’s Class A common stock. Each RSU represents the right to receive one share in the future, with no cash paid at grant.
The RSUs vest on the earlier of June 3, 2027 or the next annual stockholder meeting after the grant date, if he continues serving as a director. Once vested, they are settled in shares within 45 days after separation from service, a change in control, death, or disability. Following this award, his reported direct holdings total 408,707 shares.
Mathias Tela Gallagher reported acquisition or exercise transactions in this Form 4 filing.
Offerpad Solutions Inc. director Mathias Tela Gallagher reported receiving a grant of Class A common stock in the form of restricted stock units. He was awarded 108,696 RSUs, each representing one share of Offerpad Class A common stock when vested. After this award, his total reported direct holdings increased to 245,060 shares, reflecting his equity-based compensation. The RSUs vest on the earlier of June 3, 2027 or the date of Offerpad’s next annual stockholder meeting following the grant, as long as he continues to serve through that vesting date.