Opendoor's CEO, Kaz Nejatian, reveals improvements in the iBuyer's performance, with acquisition contracts doubling and aged inventory drastically reduced since September 2025. Despite revenue and sales volume dips, key metrics are trending positively. Nejatian emphasizes the shift from price forecasting to focusing on faster home sales. Learn how they're achieving growth.
Opendoor's Q1 2026 revenue was $720 million, down $433 million year-over-year, and net loss increased from $85 million to $173 million. However, acquisition contracts have doubled quarter-over-quarter, and aged inventory is significantly reduced.