Every 8-K that Opendoor Technologies Inc Series A Warrants (OPENL) 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 8-K covers material events a company has to report between its quarterly reports, so if you follow OPENL 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 OPENL filings page.
Opendoor Technologies Inc. (OPEN) issued $650.0 million aggregate principal amount of 0.00% Convertible Senior Notes due 2030 in privately negotiated transactions. The notes are senior unsecured, bear no regular interest, and mature on August 15, 2030, unless earlier converted, redeemed, or repurchased.
The initial conversion rate is 212.2466 shares per $1,000, implying a conversion price of about $4.71 per share, a 35% premium to the $3.49 share price on August 12, 2026. Based on this rate, 137,960,290 shares would be issued upon conversion, with a maximum of 186,246,385 shares if the conversion rate is increased after specified events.
The company may redeem the notes for cash on or after February 22, 2029 if stock price and liquidity conditions are met, and must repurchase them at par plus applicable interest upon certain “Fundamental Change” events. Opendoor also entered into capped call transactions with a cap price of $6.98 per share, costing about $52.5 million, to reduce potential dilution or excess cash payments. Separately, on August 17, 2026, it repurchased about $158 million of its common stock, while the placement agent bought about $25 million of shares from transaction participants.
Opendoor Technologies entered into subscription agreements to issue $650 million of 0.00% Convertible Senior Notes due 2030 in a private placement. The notes are senior unsecured, bear no cash interest, and mature on August 15, 2030, with holder conversion rights beginning broadly after February 15, 2030.
The initial conversion rate is 212.2466 shares per $1,000 (conversion price about $4.71 per share), a 35% premium to the $3.49 share price on August 12, 2026, implying up to 137,960,290 shares if fully converted. Opendoor plans to use $158 million of proceeds to repurchase about 45.3 million shares (around 5% of shares outstanding) at $3.49 and about $52.5 million for capped call transactions with a $6.98 cap to limit dilution, leaving roughly $440 million of net growth capital before expenses.
Opendoor Technologies reported Q2 2026 results with revenue of $883 million, 23% higher quarter-over-quarter and down from $1,567 million in Q2 2025. Gross profit was $86 million with a 9.7% margin. Contribution Profit was $51 million and Contribution Margin 5.8%, up 140 basis points quarter-over-quarter and year-over-year. GAAP net loss was $162 million; Adjusted Net Loss $30 million; and Adjusted EBITDA $(4) million.
The company purchased 4,378 homes (up 77% quarter-over-quarter and 149% year-over-year) and sold 2,339, ending the quarter with 5,459 homes in inventory valued at $1.845 billion; 9% of homes were on the market more than 120 days versus 36% a year earlier. Operations expense per acquisition close fell to $3.0 thousand from $5.0 thousand in Q1 2026. First-half 2026 operating cash flow was $(964) million as real estate inventory increased by $932 million; cash and cash equivalents were $896 million and restricted cash $66 million, alongside non-recourse asset-backed debt of $691 million current and $1,071 million non-current.
Management targets Adjusted Net Income positive on a twelve-month go-forward basis by the end of 2026 and expects Q3 2026 revenue to grow at least 20% year-over-year, with Contribution Profit dollars more than doubling and Contribution Margin around 4%–4.5%.
Opendoor Technologies Inc. reported the results of its 2026 Annual Meeting of Stockholders held on June 11, 2026. A total of 631,414,882 shares were represented, about 65.45% of outstanding common stock as of the April 16, 2026 record date, establishing a quorum.
Stockholders elected David Benson, Eric Feder, and Eric Wu as Class III directors for three-year terms ending at the 2029 annual meeting. Deloitte & Touche LLP was ratified as independent registered public accounting firm for the year ending December 31, 2026. Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers.
Opendoor Technologies Inc. reported first-quarter 2026 revenue of $720 million, down from $1.153 billion a year earlier, but with stronger profitability on each home sold. Gross profit was $72 million, and gross margin improved to 10.0% from 8.6%.
The company recorded a net loss of $173 million, wider than the $85 million loss a year ago, while Adjusted Net Loss narrowed to $49 million. Contribution Margin, which focuses on unit-level economics, was 4.4%, in line with the best quarters of the past year, and Adjusted EBITDA was a loss of $31 million.
Management highlighted improved resale margins, faster inventory turnover, and a sharp reduction in aged inventory, which fell to 10% of homes on the market for more than 120 days, compared with 51% in the third quarter of 2025. Homes purchased rose to 2,474, a 45% increase from the prior quarter. The company expects second-quarter 2026 revenue to grow about 25% sequentially, Contribution Margin to be in the middle of its 5–7% target range, and to reach Adjusted EBITDA breakeven for the quarter while driving toward adjusted net income positive on a 12‑month basis by the end of 2026.
Opendoor Technologies reported fourth-quarter 2025 revenue of $736 million, down from $1.084 billion a year earlier, as it continued to reset its home-flipping business. The company posted a Q4 net loss of $1.096 billion, largely driven by a $933 million loss on extinguishment of debt.
For full year 2025, revenue was $4.371 billion versus $5.153 billion in 2024, with a net loss of $1.3 billion. Operationally, homes purchased rose 46% quarter over quarter and the share of homes on the market more than 120 days fell from 51% to 33%, indicating faster inventory turns. Fixed operating expenses declined to $35 million from $43 million in the prior year’s quarter.
Non-GAAP metrics showed Q4 Contribution Margin of 1.0% and Adjusted EBITDA of $(43) million. Management is targeting Adjusted Net Income breakeven by the end of 2026 and expects Q1 2026 revenue to decline about 10% sequentially with a Q1 Adjusted EBITDA loss in the low to mid $30 millions.
Opendoor Technologies Inc. filed a current report to update how it shares important company information with the public. The company notes that it uses its website, press releases, SEC filings, blogs, community hub and social media accounts, along with X (formerly Twitter) accounts for @Opendoor and its Chief Executive Officer, Kaz Nejatian, to disclose material non-public information and comply with Regulation FD.
The filing explains that Mr. Nejatian’s previous X handle is no longer active. Opendoor now intends to use his new X handle, @Nejatian, as one of the channels where it may share material information. The company encourages investors and other interested parties to review information shared through these channels, and notes that the list of channels may be updated over time.