Every material Form 8-K Opendoor Technologies Inc. has filed with the SEC since October 21, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Opendoor reported third-quarter 2026 results on November 5, 2026. Revenue rose 12% year-over-year to $1.02 billion, but the net loss widened to $218 million from $90 million a year earlier, and gross profit fell to $38 million from $66 million. The company guided to fourth-quarter revenue growth of at least 40% and an Adjusted EBITDA loss of $70 million to $85 million, and said it is behind its goal of positive Adjusted Net Income by the end of 2026.
Q3 2026 revenue of $1,022 million, up from $915 million in Q3 2025; homes purchased rose to 4,865 from 1,169.
Net loss of $218 million versus $90 million a year earlier; gross margin was 3.7% compared with 7.2%.
Q4 2026 outlook: revenue growth of at least 40% year-over-year and an Adjusted EBITDA loss of $70 million to $85 million.
Company said it is "currently behind" its goal of Adjusted Net Income positive by the end of 2026.
Opendoor Technologies announced that Michael Alfred, founder and managing partner of Alpine Fox LP, joined its Board of Directors effective October 29, 2026, and also joined the Nominating and Corporate Governance Committee. The filing describes a board seat and standard director equity award, not a financial result or change in company guidance.
Alfred appointed as a Class I director with a term expiring at the 2027 annual meeting of stockholders.
Alfred was granted 45,268 restricted stock units, a prorated annual equity award that vests in full at the 2027 annual meeting.
The Board determined Alfred is independent under Nasdaq listing standards; he is also a current board member of IREN Limited and Bakkt Holdings, Inc.
Opendoor said President Lucas Matheson stepped down effective October 21, 2026, and will remain as a non-executive Advisor to the CEO through July 15, 2027 on substantially the same pay. The Board named CEO Kaz Nejatian to also serve as President, with his compensation not expected to change.
Lucas Matheson stepped down as President effective October 21, 2026
Matheson stays on as an Advisor to the CEO through July 15, 2027, with severance under the Executive Severance Plan if employment ends early without cause
Kaz Nejatian, 44, appointed President while remaining CEO and a board member
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Opendoor Technologies Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →