
Opendoor Slarshes Inventory by $1.1 Billion to Bolster Liquidity Amid 34% Revenue Decline
Opendoor Technologies Inc.Description
What this story covers
Opendoor is navigating a stagnant housing market by aggressively reducing inventory and cutting operating expenses by over 30 percent. While revenue has fallen significantly, the company has generated nearly $1 billion in operating cash to fortify its balance sheet.
Story snapshot
CompanyOpendoor Technologies Inc.
TickerOPEN
VariantStandard detailed
Duration13:46
Filing type10-Q
PeriodQ3 2025
IndustryReal Estate & Construction
Accession0001801169-25-000092
Sources1
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