Opendoor Technologies Inc. (OPEN)
Opendoor Technologies Inc. (OPEN) Research & Development Expenses
The r&d expense for Opendoor Technologies Inc. (OPEN) is $79.00 Million with a year-over-year change of -43.97%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
OPEN R&D Expense Chart
OPEN R&D Expense
$79.00M+389.98% 20Y
Zoom
Current R&D Expense
$79.00M
$79.00 Million
Year-over-Year Change
-43.97%
vs. $141.00M prior year
Historical Data
9
Years of data available
Annual R&D Expense History
| Year | R&D Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $79.00M | $-62.00M | -43.97% |
| 2024 | $141.00M | $-26.00M | -15.57% |
| 2023 | $167.00M | $-2.00M | -1.18% |
| 2022 | $169.00M | +$35.00M | +26.12% |
| 2021 | $134.00M | +$76.00M | +131.03% |
| 2020 | $58.00M | +$7.00M | +13.73% |
| 2019 | $51.00M | +$22.54M | +79.21% |
| 2018 | $28.46M | +$12.34M | +76.51% |
| 2017 | $16.12M | — | — |
Data as of Saturday, June 13, 2026
About Opendoor Technologies Inc.
Founded in 2013, Opendoor Technologies Inc. provides a digital ecosystem for residential real estate transactions throughout the United States. This platform allows individuals to efficiently purchase and sell homes entirely online. Based in Tempe, Arizona, the company further offers supporting services like title insurance and escrow.
- Sector
- Real Estate
- Industry
- Real Estate - Services
- CEO
- Kasra Nejatian