Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties to homeowners in the United States. It operates iBuying, a real estate solutions platform for on-demand customer. The company provides customer-centric experience, which enables them to sell and buy homes online with streamlined access to ancillary services, such as mortgage and title insurance services. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona.
Revenue of Offerpad Solutions Inc. (OPAD)
Revenue in 2023 (TTM): $1.31 B
According to Offerpad Solutions Inc.'s latest financial reports the company's current revenue (TTM) is $1.31 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Offerpad Solutions Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.31 B | $70.18 M | $-97,468,000 | $-117,055,000 | $-117,218,000 |
| 2022 | $3.95 B | $182.42 M | $-101,241,000 | $-148,254,000 | $-148,613,000 |
| 2021 | $2.07 B | $207.82 M | $23 M | $6.63 M | $6.46 M |
| 2020 | $1.06 B | $87.78 M | $-12,490,000 | $-22,955,000 | $-23,118,000 |
| 2019 | $1.08 B | $74.39 M | $-33,023,000 | $-51,698,000 | $-51,952,000 |
| 2018 | $855.96 M | $65.86 M | $-13,910,000 | $-32,430,999 | $-32,936,999 |