Offerpad Solutions financials
$3.270.00%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $567.8M | $918.8M | $1.31B | $3.95B | $2.07B |
| Gross profit | $42.0M | $72.2M | $70.2M | $182.4M | $207.8M |
| Gross margin | 7.4% | 7.9% | 5.3% | 4.6% | 10.0% |
| Operating income | -$33.4M | -$46.0M | -$104.4M | -$127.3M | $19.8M |
| Net income | -$46.4M | -$62.2M | -$117.2M | -$148.6M | $6.5M |
| Net margin | −8.2% | −6.8% | −8.9% | −3.8% | 0.3% |
| Diluted EPS | $-15.00 | $-22.70 | $-44.40 | $-90.90 | $6.80 |
| EBITDA | -$32.4M | -$45.4M | -$103.7M | -$126.3M | $20.3M |
| Operating cash flow | $66.8M | $20.8M | $261.6M | $305.4M | -$921.9M |
| Free cash flow | $65.7M | $15.4M | $261.5M | $304.3M | -$935.6M |
| Diluted shares | 3.1M | 2.7M | 2.6M | 1.6M | 1.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $26.5M | $43.0M | $76.0M | $97.2M | $169.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $90.1M | $195.4M | $257.2M | $605.9M | $861.8M |
| Total assets | $154.8M | $313.1M | $379.7M | $825.1M | $1.35B |
| Total liabilities | $116.6M | $265.4M | $277.4M | $703.2M | $1.07B |
| Shareholders' equity | $38.2M | $47.7M | $102.2M | $121.9M | $281.6M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology