Offerpad Q4 revenue fell 35% to USD 114.1 million

Reuters05:12
Offerpad Q4 revenue fell 35% to USD 114.1 million

Offerpad reported Q4 FY 2025 revenue of USD 114.1 million (14% QoQ; 35% YoY) on 312 homes sold (15% QoQ; 38% YoY). Gross profit was USD 8 million (14% QoQ; 24% YoY), with gross profit per home sold of USD 25,700 (1% QoQ; 22% YoY). Net loss was USD 8.8 million (24% QoQ improvement; 49% YoY improvement), or a diluted net loss per share of USD 0.24 (35% QoQ improvement; 62% YoY improvement). Adjusted EBITDA was a loss of USD 6.9 million (50% QoQ; 40% YoY improvement). Cash and cash equivalents ended Q4 at USD 26.5 million (15% QoQ; 38% YoY). In FY 2025, Offerpad said it evolved into a fully integrated four-solution platform spanning Cash Offer, Cash Offer Marketplace (including Direct+ partners), Brokerage Services (including HomePro, Agent Partnership and the Homebuilder Program), and Renovate, a fee-based B2B services business that generated USD 27 million in FY 2025 revenue (up about 50% YoY) with 20% to 30% margins. For Q1 FY 2026, Offerpad guided to revenue of USD 70 million to USD 95 million and 250 to 300 real estate transactions, and said it expects adjusted EBITDA to improve sequentially, targeting EBITDA positive before year-end.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Offerpad Solutions Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602231610BIZWIRE_USPR_____20260223_BW399430) on February 23, 2026, and is solely responsible for the information contained therein.

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