Opendoor Technologies Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-1.30B | $-392.0M | $-275.0M | $-1.35B | $-662.0M | $-253.0M | $-341.0M | $-241.3M |
| Depreciation & Amortization | $31.0M | $33.0M | $38.0M | $37.0M | $27.0M | $22.0M | $15.0M | $4.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | $4.0M | $7.0M | $9.0M | $4.0M | $4.0M | $3.0M | $600.0K |
| Stock-Based Compensation | $159.0M | $114.0M | $126.0M | $171.0M | $536.0M | $38.0M | $13.0M | $8.4M |
| Net Cash from Operating Activities | $1.05B | $-595.0M | $2.34B | $730.0M | $-5.79B | $682.0M | $-272.0M | $-1.18B |
| Investing Activities | ||||||||
| Capital Expenditures | $12.0M | $25.0M | $37.0M | $37.0M | $33.0M | $17.0M | $28.0M | $20.0M |
| Business Acquisitions | — | $0 | $0 | $10.0M | $33.0M | $0 | $33.0M | $4.9M |
| Net Cash from Investing Activities | $-12.0M | $28.0M | $44.0M | $234.0M | $-476.0M | $-22.0M | $-95.0M | $-7.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | $0 | $0 | $3.0M | $37.8M |
| Net Cash from Financing Activities | $-499.0M | $-210.0M | $-2.64B | $-1.75B | $7.34B | $161.0M | $646.0M | $1.50B |
| Net Change in Cash | $538.0M | $-777.0M | $-251.0M | $-787.0M | $1.07B | $821.0M | $279.0M | $309.4M |
| Free Cash Flow | $1.04B | $-620.0M | $2.31B | $693.0M | $-5.83B | $665.0M | $-300.0M | $-1.20B |