OPAD - Earnings announcements

Delivers Consistent Execution with Growing Platform Momentum and Continued Progress Toward Profitability Offerpad Solutions Inc. (NYSE:OPAD), a leading tech-enabled real estate solutions company, today reported financial results for the first quarter ended March 31, 2026. During the quarter, Offerpad generated $80.1 million in revenue and closed 263 real estate transactions. Results reflect continued execution against the Company's 2026 priorities, including growing engagement across its multi-solution platform, improving conversion, and advancing its AI-driven operating capabilities to support more efficient, scalable growth. "We've made meaningful progress in how Offerpad operates a

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech enabled platform for residential real estate, announced today that it will release first-quarter 2026 financial results on Thursday, April 30th, 2026. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those interested in the call can also register here. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad Solutions Inc. (NYSE:OPAD) is a real es

Four-Solution Platform and Capital Discipline Position Company for Scaled 2026 Growth Offerpad (NYSE:OPAD), a real estate solutions company built to provide sellers and partners with multiple ways to transact, today reported financial results for the fourth quarter ended December 31, 2025. During the quarter, Offerpad generated $114.1 million in revenue and sold 312 homes. Results reflect continued execution within a disciplined operating model built to perform in a constrained housing environment defined by affordability pressures, aging housing stock, and limited seller liquidity. "In 2025, we evolved into a fully integrated, four-solution platform," said Brian Bair, Chairman and Ch

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech enabled platform for residential real estate, announced today that it will release fourth-quarter 2025 financial results on Monday, February 23rd, 2026. The company also will host a conference call at 4:30 p.m. ET / 2:30 p.m. MST that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those interested in the call can also register here. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad, dedicated to simplifying the proces

Offerpad (NYSE:OPAD), a leading real estate tech company built to simplify the home selling and buying experience, today announced its financial results for the third quarter ended September 30, 2025. Offerpad reported revenue of $132.7M and sold 367 homes during the quarter. The company continued to demonstrate operational discipline and saw strong momentum across its asset-light services, supporting platform scalability and long-term growth. "We've spent the past several quarters strengthening the foundation of our business and expanding our reach through asset-light services," said Brian Bair, Chairman and CEO of Offerpad. "That discipline is paying off. We're executing with focus, s

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today that it will release third-quarter 2025 financial results on Monday, November 3rd, 2025. The company also will host a conference call at 4:30 p.m. ET / 2:30 p.m. MST that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those interested in the call can also register here. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad, dedicated to simplifying the process

Offerpad (NYSE:OPAD), a leading real estate tech company built to simplify the home selling and buying experience, today announced its financial results for the second quarter ended June 30, 2025. Offerpad reported revenue of $160.3M and sold 452 homes during the quarter. The company continued to demonstrate operational discipline and saw strong momentum across its asset-light services, supporting platform scalability and long-term growth. "We're seeing strong validation of our model and the progress we've made," said Brian Bair, Chairman and CEO of Offerpad. "We've built a platform that brings together sellers, agents, cash buyers, and institutional partners, creating a true real estat

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today that it will release second-quarter 2025 financial results on Monday, August 4th, 2025. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those interested in the call can also register here. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad, dedicated to simplifying the process of

Renovate delivers record $5.3 million in Q1 revenue up 29% sequentially Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended March 31, 2025. "In Q1, we delivered balanced results in line with expectations, led by increasing Cash Offer volume and growing contribution margin from our asset-light services," said Brian Bair, Chairman and CEO of Offerpad. "We're focused on building a strong, flexible foundation—enhancing the customer experience, driving efficiency, and scaling programs like Renovate and our Agent Partnership Program—so we're not only operating for today's marke

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today that it will release first-quarter 2025 financial results on Monday, May 5, 2025. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those interested in the call can also register here. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad, dedicated to simplifying the process of buying a

2024 Net Loss Improves 47%, or $55 million Versus Prior Year Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months and full year ended December 31, 2024. "In the fourth quarter, revenue exceeded the midpoint of our guidance, supported by a balanced mix of offerings. This performance was achieved with the support of our Renovate business surpassing $18 million in revenue for the year and our improved advertising efficiencies driven by our Agent Partnership Program growing to nearly a third of our acquisitions," said Brian Bair, Offerpad's CEO. "We've made tremendous product improv

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today that it will release fourth-quarter & full year 2024 financial results on Monday, February 24, 2025. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those interested in the call can also register here. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad, dedicated to simplifying t

Net Loss & Adj EBITDA Improve 32% and 53% Versus Prior Year Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended September 30, 2024. "During the third quarter, we delivered revenue at the high end of our guidance. We've expanded our asset-light services, strengthened partnerships, and optimized our organization," said Brian Bair, Offerpad's CEO. "This positions Offerpad well as we return to normalized acquisition levels in our cash offer business with a streamlined cost structure." Highlights include: Improved net loss and adjusted EBITDA 32% and 53%, respectively, from

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today that it will release third-quarter 2024 financial results on Monday, November 4, 2024. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those interested in the call can also register here. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad, dedicated to simplifying the process of buy

Gross Margin Improves for Third Consecutive Quarter Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended June 30, 2024. "During the second quarter, we delivered revenue within our guidance and sequential improvement in Adjusted EBITDA. Our focus on expense management, and the continued growth in our asset light platform services, drove improvement in gross margin, contribution margin, and Adjusted EBITDA," said Brian Bair, Offerpad's chief executive officer. "We intend to remain flexible to adapt quickly to market shifts and have adjusted our buy box, focusing more on wi

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release second-quarter 2024 financial results on Monday, August 5, 2024. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those interested in the call can also register here. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad, dedicated to simplifying the process

Q1 2024 revenue of $285 million at the high end of guidance, up sequentially for third consecutive quarter with gross profit up 210% annually Record-breaking quarter for Offerpad Renovate Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended March 31, 2024. "The first quarter of 2024 continued the positive trajectory we experienced exiting 2023. While the macro is still volatile, the first quarter was one of increasing stability and we believe this trend will continue through 2024," said Brian Bair, Offerpad's chairman and chief executive officer. "We are making steady

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release first-quarter 2024 financial results on Monday, May 6, 2024. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those interested in the call can also register here. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad's mission is to deliver the best home buyi

Q4 2023 revenue of $240.5 million up sequentially and in-line with guidance Full year 2023 revenue of $1.3 billion Reiterates expectation to achieve sustainable Adjusted EBITDA profitability in 2024 Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended and full year December 31, 2023. "We successfully navigated 2023 from a position of operational excellence," said Brian Bair, chairman and CEO. "During the year, we acted decisively to streamline the business and reduce costs, setting us up to drive improved top line growth and profitability in 2024 and beyond. At the s

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release fourth-quarter and full year 2023 financial results on Monday, February 26, 2024. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those interested in the call can also register here. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad's mission is to deliv

Revenue of $234.2 million up from the second quarter and in line with guidance Company expects to achieve sustainable Adj EBITDA profitability in 2024 Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended September 30, 2023. "We are pleased that we met both top and bottom-line expectations in the third quarter, despite a continued difficult macro environment. We are particularly proud of our expanding contribution margin," said Brian Bair, Offerpad's chairman and CEO. "We have proven we can perform in a difficult market, and we have exciting opportunities ahead of us. W

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release third-quarter financial results on Wednesday, November 1, 2023. The company also will host a conference call at 4:30 p.m. ET that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Those interested in the call can also register here. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad's mission is to deliver the best home buying and selli

Gross Profit increases 205% quarter over quarter Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended June 30, 2023. "We exceeded our financial expectations across the board," said Brian Bair, Chairman and CEO of Offerpad. "Our outperformance in the second quarter reflects the improvements we have made to our business processes and our elevated focus on profitability through margin expansion and cost discipline. Our agile business model makes integrating improvements and adapting to changing market conditions part of our everyday culture," said Bair. Second quarter hig

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release second-quarter financial results on Wednesday, August 2, 2023. The company also will host a conference call and accompanying webcast at 12:30 p.m. ET that same day to discuss financial results and recent developments. The conference call will be webcast live on Offerpad's Investor Relations website. Participants in the call can register here to receive a personalized dial in number and PIN. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad's missio

-- 99% of legacy inventory under contract or sold -- -- Sequential improvement in operating metrics -- Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended March 31, 2023. "We are pleased to see the expected sequential improvement in our quarterly results materialize," said Brian Bair, Chairman and CEO of Offerpad. "Net Loss improved 51% and Adjusted EBITDA improved 57% over the fourth quarter 2022. Acquisition volume has also steadily increased each month in 2023, with homes acquired after the market shift showing positive performance." "During the last three quarters

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release first-quarter financial results on Wednesday, May 3, 2023. The company also will host a conference call and accompanying webcast at 5:00 p.m. ET that same day to discuss financial results and recent developments. The conference call will be webcast live on Offerpad's Investor Relations website. Participants in the call can register here to receive a personalized dial in number and PIN. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerpad's mission is

Reduced legacy inventory and strengthened balance sheet with new equity capital Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended and year ended December 31, 2022. Fourth Quarter 2022 Financial Results – compared with the prior-year fourth quarter: Revenue was $677.2 million compared to $867.5 million Gross Profit was ($44.9) million* compared to $70.3 million Net Income was ($121.1) million* compared to $12.8 million Adjusted EBITDA was ($103.7) million* compared to $7.7 million * Reported amounts include an inventory impairment charge of $44.1 million "I'm

Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release fourth-quarter and full-year 2022 financial results on Wednesday, February 22, 2023. The company also will host a conference call and accompanying webcast at 5:00 p.m. ET that same day to discuss financial results and recent developments. The conference call will be webcast live on Offerpad's Investor Relations website. Participants in the call can register here to receive a personalized dial in number and PIN. A replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad

Q3 year-over-year revenue increased 52% to $821.7 million Offerpad Solutions Inc. (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Results – compared with the prior-year third quarter: Revenue was $821.7 million compared to $540.3 million Gross Profit was $2.2 million* compared to $53.1 million Net Loss was $80.0 million* compared to $15.3 million Adjusted EBITDA was negative $64.3 million* compared to positive $6.1 million * Reported amounts include an inventory impairment charge of $27.5 million. "Offerpad's core strategy of providing a c

Offerpad Solutions Inc. (NYSE:OPAD) ("Offerpad"), a leading tech-enabled platform for residential real estate, announced today the company will release third-quarter financial results on Wednesday, November 2, 2022. The company also will host a conference call and accompanying webcast beginning at 5 p.m. ET that same day to discuss financial results and recent developments. The conference call will be webcast live on Offerpad's Investor Relations website. Participants in the call can register here to receive a personalized dial in number and PIN. A webcast replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offer

Q2 year-over-year revenue increased 185% to $1.1 billion Offerpad Solutions Inc. (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial Results – compared with the prior-year second quarter: Net Income increased 26% to $11.6 million, or $0.04 per share* Adjusted Net Loss was $1.0 million, or $0.00 per share*, compared to $9.2 million Adjusted EBITDA increased 5% to $13.7 million* Gross Profit increased 83% to $93 million* Contribution Margin After Interest per home sold was $28,500, compared to $31,500 * Reported amounts include an inventory impairmen

Offerpad Solutions Inc. (NYSE:OPAD) ("Offerpad"), a leading tech-enabled platform for residential real estate, announced today the company will release second-quarter financial results on Wednesday, August 3, 2022. The company also will host a conference call and accompanying webcast beginning at 5 p.m. ET that same day to discuss financial results and recent developments. The conference call will be webcast live on Offerpad's Investor Relations website. Participants in the call can register here to receive a personalized dial in number and PIN. A webcast replay of the event will be available on Offerpad's Investor Relations website after the live webcast concludes. About Offerpad Offerp

First Quarter 2022 Financial Highlights – compared with the prior-year first quarter: Revenue increased 384% to $1.37 billion Net Income increased to $41.0 million, or $0.16 per share Adjusted Net Income increased to $35.3 million Adjusted EBITDA increased to $50.4 million Offerpad Solutions Inc. ("Offerpad," the "Company," "we" or "our") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended March 31, 2022. "This was Offerpad's best quarter in Company history," said Brian Bair, Chairman and CEO of Offerpad. "Not only did we achieve exponential growth, but we continued to grow profitably. Our real esta

Offerpad Solutions Inc. (NYSE:OPAD) ("Offerpad"), a leading tech-enabled platform for residential real estate, announced today the company will release first-quarter financial results on Wednesday, May 4, 2022. The company also will host a conference call and accompanying webcast beginning at 5 p.m. EST that same day to discuss financial results and recent developments. The conference call will be webcast live on Offerpad's Investor Relations website at https://investor.offerpad.com/events-and-presentations. Participants in the call can register here to receive a personalized dial in number and PIN. A webcast replay of the event will be available on Offerpad's Investor Relations website af

Exceeded Fourth Quarter and Full-Year Expectations  Fourth-Quarter 2021 Financial Highlights – compared with the prior-year fourth quarter: Revenue increased 289% to $867.5 million Gross profit increased 178% to $70.3 million Earnings per share increased to $0.05 on Net Income of $12.8 million; includes a $0.06 per share benefit from the mark to market of warrants Adjusted EBITDA increased 420% to $7.7 million Offerpad Solutions Inc. ("Offerpad," the "Company," "we" or "our") (NYSE:OPAD), a leading tech-enabled platform for buying and selling residential real estate, today released financial results for the three months ended and year ended December 31, 2021. This press release f

Offerpad Solutions Inc. (NYSE:OPAD) ("Offerpad"), a leading tech-enabled platform for buying and selling residential real estate, announced today the company will release fourth-quarter and full-year 2021 financial results on Wednesday, February 23, 2022. The company will also host a conference call and accompanying webcast beginning at 5 p.m. EST that same day to discuss financial results and recent developments. The conference call will be webcast live on Offerpad's Investor Relations website at https://investor.offerpad.com/events-and-presentations. Participants can register here to receive a personalized dial in number and PIN. A replay of the event will be available from the same webs

Expands to four new markets; grows home sales 123% over 3Q 2020 Third Quarter 2021 Highlights – compared with the prior-year third quarter: Revenue increased 190% to $540.3 million Gross profit increased 169% to $53.1 million Sold a record 1,673 homes, up from 749 homes Over 99% of inventory owned less than 180 days Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for buying and selling residential real estate, today reported financial results for its third quarter ended September 30, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211110006327/en/Offerpad is increasing its penetra

Offerpad Solutions Inc. (NYSE:OPAD) ("Offerpad"), a leading tech-enabled platform for buying and selling residential real estate, announced today the company will report third quarter financial results on Wednesday, November 10, 2021, after the market close. The company will also host a conference call and accompanying webcast beginning at 5 p.m. EST to discuss financial results and recent developments. The conference call will be webcast live on Offerpad's Investor Relations website at https://investor.offerpad.com/events-and-presentations. Participants can register here to receive a personalized dial in number and PIN. A replay of the event will be available from the same website address