Name | Value |
---|---|
Revenues | 3,120.0M |
Cost of Revenue | 2,950.0M |
Gross Profit | 170.0M |
Operating Expense | 294.0M |
Operating I/L | -124.0M |
Other Income/Expense | 23.0M |
Interest Income | 74.0M |
Pretax | -101.0M |
Income Tax Expense | 51.0M |
Net Income/Loss | -152.0M |
Opendoor Technologies Inc. operates a digital platform facilitating online residential real estate transactions in the United States. The company enables consumers to buy and sell homes through its platform, offering convenience and efficiency in the real estate market. Additionally, Opendoor provides title insurance and escrow services, generating revenue through transaction fees and service charges. By streamlining the home buying and selling process, Opendoor aims to revolutionize the real estate industry and create a seamless experience for consumers.