Offerpad Solutions Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:44:39Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 65.73M | 15.43M | 261.50M | 304.33M | -935.61M | 152.01M |
| EBITDA | -32.41M | -45.43M | -103.69M | -126.30M | 20.29M | -13.32M |
| Working Capital | 42.89M | 43.25M | 95.58M | 115.22M | 275.36M | 36.99M |
| Net Debt | 5.35M | -6.42M | -72.28M | -91.29M | -160.81M | -39.23M |
| Gross Margin | 7.40% | 7.86% | 5.34% | 4.62% | 10.04% | 8.25% |
| Operating Margin | -5.88% | -5.01% | -7.94% | -3.22% | 0.95% | -1.29% |
| Net Margin | -8.17% | -6.77% | -8.92% | -3.76% | 0.31% | -2.17% |
| Return on Equity (ROE) | -121.36% | -130.44% | -115.17% | -121.94% | 2.51% | 16.14% |
| Return on Assets (ROA) | -29.97% | -19.86% | -30.87% | -18.01% | 0.48% | -9.80% |
| Current Ratio | 1.48× | 1.17× | 1.35× | 1.16× | 1.26× | 1.19× |
| Debt-to-Equity | 0.83× | 0.77× | 0.04× | 0.05× | 0.04× | -0.03× |
| Effective Tax Rate | -0.96% | -0.05% | -0.14% | -0.24% | 2.56% | -0.71% |
| Cash Conversion Ratio | -1.44× | -0.34× | -2.23× | -2.06× | -142.71× | -6.70× |
| Accruals Ratio | -0.73× | -0.27× | -1.00× | -0.55× | 0.69× | -0.75× |
| SBC % of Revenue | 0.50% | 0.88% | 0.60% | 0.21% | 0.15% | 0.13% |
| CapEx Coverage | 61.92× | 3.85× | 2060.09× | 285.42× | -67.36× | 54.19× |
| Free Cash Flow Per Share | $2.12 | $0.56 | $9.91 | $18.62 | $-97.99 | $2.63 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | — | 141.18× | — |
| P/FCF | 0.57× | 5.06× | 1.03× | 0.37× | — | 4.19× |
| FCF Yield | — | 19.75% | 96.69% | — | — | 23.88% |
| EV / EBITDA | — | — | — | — | -4.91× | — |
| P/S | 0.10× | 0.08× | 0.21× | 0.00× | 0.03× | 0.60× |
| P/B | 1.49× | 1.64× | 2.75× | 0.06× | 0.24× | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 567.81M | 918.82M | 1.31B | 3.95B | 2.07B | 1.06B |
| Revenues | 567.81M | 918.82M | 1.31B | 3.95B | — | — |
| Cost of Revenue | 525.77M | 846.62M | 1.24B | 3.77B | 1.86B | 976.48M |
| Gross Profit | 42.04M | 72.19M | 70.18M | 182.42M | 207.81M | 87.78M |
| Research and Development Expense | 3.40M | 4.52M | 7.95M | 12.09M | 10.86M | 7.27M |
| Operating Expenses | 75.43M | 118.24M | 174.59M | 309.74M | 188.05M | 101.54M |
| Operating Income (Loss) | -33.39M | -46.04M | -104.41M | -127.32M | 19.77M | -13.76M |
| Income Tax Expense (Benefit) | 441.00K | 31.00K | 163.00K | 359.00K | 170.00K | 163.00K |
| Net Income (Loss) Attributable to Parent | -46.38M | -62.16M | -117.22M | -148.61M | 6.46M | -23.12M |
| Earnings Per Share, Basic | $-1.50 | $-2.27 | $-4.44 | $-9.09 | $0.82 | $-0.40 |
| Weighted Average Number of Shares Outstanding, Basic | 30.99M | 27.41M | 26.39M | 16.34M | 7.91M | 57.87M |
| Earnings Per Share, Diluted | $-1.50 | $-2.27 | $-4.44 | $-9.09 | $0.68 | $-0.40 |
| Weighted Average Number of Shares Outstanding, Diluted | 30.99M | 27.41M | 26.39M | 16.34M | 9.55M | 57.87M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 26.54M | 43.02M | 75.97M | 97.24M | 169.82M | 43.94M |
| Assets, Current | 131.69M | 294.21M | 371.61M | 814.18M | 1.34B | 227.29M |
| Assets | 154.77M | 313.05M | 379.69M | 825.07M | 1.35B | 235.87M |
| Liabilities, Current | 88.80M | 250.97M | 276.03M | 698.96M | 1.07B | 190.30M |
| Liabilities | 116.55M | 265.40M | 277.92M | 703.19M | 1.10B | 195.01M |
| Stockholders' Equity Attributable to Parent | 38.22M | 47.65M | 101.78M | 121.88M | 257.57M | -143.26M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 66.81M | 20.83M | 261.63M | 305.40M | -921.92M | 154.86M |
| Payments to Acquire Property, Plant, and Equipment | 1.08M | 5.41M | 127.00K | 1.07M | 13.69M | 2.86M |
| Net Cash Provided by (Used in) Investing Activities | -1.06M | -5.33M | 1.99M | -1.07M | -11.65M | -2.86M |
| Net Cash Provided by (Used in) Financing Activities | -111.21M | -21.82M | -323.98M | -358.47M | 1.08B | -131.15M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 9.03M | 50.50M | 15.23M | -24.73M | -11.17M | 29.07M |
| EBITDA | -8.74M | -7.06M | -6.54M | -7.48M | -11.33M | -13.52M |
| Working Capital | 50.70M | 42.89M | 50.02M | 19.98M | 29.65M | 43.25M |
| Net Debt | -19.01M | 5.35M | 34.55M | 3.95M | 2.38M | -6.42M |
| Gross Margin | 6.94% | 7.02% | 7.04% | 8.85% | 6.54% | 6.08% |
| Operating Margin | -11.28% | -6.42% | -5.08% | -4.85% | -7.18% | -7.84% |
| Net Margin | -12.65% | -7.73% | -8.75% | -6.80% | -9.37% | -9.94% |
| Return on Equity (ROE) | -22.10% | -23.08% | -29.12% | -44.44% | -44.00% | -36.36% |
| Return on Assets (ROA) | -6.77% | -5.70% | -5.19% | -4.07% | -5.49% | -5.53% |
| Current Ratio | 1.66× | 1.48× | 1.32× | 1.09× | 1.13× | 1.17× |
| Debt-to-Equity | 0.48× | 0.83× | 1.64× | 1.08× | 0.97× | 0.77× |
| Effective Tax Rate | -0.16% | 0.07% | -3.39% | -0.28% | -0.25% | 0.36% |
| Cash Conversion Ratio | -0.89× | -5.73× | -1.41× | 2.17× | 0.68× | -1.92× |
| Accruals Ratio | -0.13× | -0.38× | -0.12× | 0.05× | -0.02× | -0.16× |
| SBC % of Revenue | 1.18% | -0.90% | 2.90% | 1.90% | 1.11% | 0.14% |
| CapEx Coverage | 476.11× | — | 15.11× | -21.91× | -10.24× | 7.98× |
| Free Cash Flow Per Share | $0.20 | $1.63 | $0.49 | $-0.89 | $-0.41 | $1.06 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 80.08M | 114.12M | 132.68M | 160.31M | 160.70M | 174.27M |
| Revenues | 80.08M | 114.12M | 132.68M | 160.31M | 160.70M | 174.27M |
| Cost of Revenue | 74.52M | 106.11M | 123.34M | 146.13M | 150.19M | 163.68M |
| Gross Profit | 5.56M | 8.01M | 9.34M | 14.19M | 10.51M | 10.59M |
| Research and Development Expense | 886.00K | 611.00K | 788.00K | 986.00K | 1.02M | 840.00K |
| Operating Expenses | 14.59M | 15.34M | 16.08M | 21.97M | 22.04M | 24.26M |
| Operating Income (Loss) | -9.03M | -7.33M | -6.74M | -7.78M | -11.54M | -13.67M |
| Income Tax Expense (Benefit) | 16.00K | -6.00K | 380.00K | 30.00K | 37.00K | -62.00K |
| Net Income (Loss) Attributable to Parent | -10.13M | -8.82M | -11.60M | -10.90M | -15.06M | -17.32M |
| Earnings Per Share, Basic | $-0.22 | $-0.20 | $-0.37 | $-0.39 | $-0.55 | $-0.63 |
| Weighted Average Number of Shares Outstanding, Basic | 46.19M | 30.99M | 31.28M | 27.77M | 27.56M | 27.41M |
| Earnings Per Share, Diluted | $-0.22 | $-0.20 | $-0.37 | $-0.39 | $-0.55 | $-0.63 |
| Weighted Average Number of Shares Outstanding, Diluted | 46.19M | 30.99M | 31.28M | 27.77M | 27.56M | 27.41M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 40.82M | 26.54M | 30.96M | 22.65M | 30.83M | 43.02M |
| Assets, Current | 127.14M | 131.69M | 205.61M | 249.60M | 255.48M | 294.21M |
| Assets | 149.77M | 154.77M | 223.46M | 267.99M | 274.48M | 313.05M |
| Liabilities, Current | 76.44M | 88.80M | 155.58M | 229.62M | 225.83M | 250.97M |
| Liabilities | 103.93M | 116.55M | 183.61M | 243.45M | 240.26M | 265.40M |
| Stockholders' Equity Attributable to Parent | 45.84M | 38.22M | 39.85M | 24.54M | 34.22M | 47.65M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 9.05M | 50.50M | 16.31M | -23.65M | -10.18M | 33.24M |
| Payments to Acquire Property, Plant, and Equipment | 19.00K | 0 | 1.08M | 1.08M | 994.00K | 4.16M |
| Net Cash Provided by (Used in) Investing Activities | -2.00K | 0 | -1.06M | -1.08M | -994.00K | -4.13M |
| Net Cash Provided by (Used in) Financing Activities | 4.42M | -55.98M | -55.23M | -22.16M | -26.77M | -13.91M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (OPAD CIK 0001825024),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.