Balance Sheet Offerpad Solutions Inc.

Equities

OPAD

US67623L3078

Real Estate Services

Market Closed - Nyse Other stock markets 04:00:02 2026-04-10 pm EDT			5-day change	1st Jan Change
0.7282 ^USD	+0.07%		+5.23%	-39.82%

Mar. 18	Offerpad Solutions Inc Introduces Scout and Henry AI Platforms Built to Make Every Home Transaction Smarter	CI
Mar. 18	Offerpad introduces Scout and Henry, AI platforms built to make every Home Transaction smarter; company anticipates improved conversion, reduced Acquisition Risk, and greater capital efficiency across every stage of the Home Transaction	RE

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Published financial data: OFFERPAD SOLUTIONS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.07B	3.95B	1.31B	919M	568M
Total Revenues	2.07B	3.95B	1.31B	919M	568M
Cost of Goods Sold, Total	1.86B	3.77B	1.24B	847M	526M
Gross Profit	208M	182M	70.18M	72.2M	42.04M
Selling General & Admin Expenses, Total	177M	298M	167M	114M	72.03M
R&D Expenses	10.86M	12.09M	7.94M	4.52M	3.4M
Other Operating Expenses, Total	188M	310M	175M	118M	75.43M
Operating Income	19.77M	-127M	-104M	-46.04M	-33.39M
Interest Expense, Total	-15.85M	-45.99M	-18.86M	-18.68M	-13.4M
Interest And Investment Income	-	-	-	-	1.14M
Net Interest Expenses	-15.85M	-45.99M	-18.86M	-18.68M	-12.26M
Other Non Operating Income (Expenses)	2.47M	25.05M	6.29M	2.7M	-130K
EBT, Excl. Unusual Items	6.38M	-148M	-117M	-62.02M	-45.78M
Gain (Loss) On Sale Of Assets	246K	-	-76K	-105K	-162K
EBT, Incl. Unusual Items	6.63M	-148M	-117M	-62.13M	-45.94M
Income Tax Expense	170K	359K	163K	31K	441K
Earnings From Continuing Operations	6.46M	-149M	-117M	-62.16M	-46.38M
Net Income to Company	6.46M	-149M	-117M	-62.16M	-46.38M
Net Income - (IS)	6.46M	-149M	-117M	-62.16M	-46.38M
Net Income to Common Incl Extra Items	6.46M	-149M	-117M	-62.16M	-46.38M
Net Income to Common Excl. Extra Items	6.46M	-149M	-117M	-62.16M	-46.38M
Per Share Items
Net EPS - Basic	0.82	-9.09	-4.44	-2.27	-1.5
Basic EPS - Continuing Operations	0.82	-9.09	-4.44	-2.27	-1.5
Basic Weighted Average Shares Outstanding	7.9M	16.34M	26.38M	27.41M	30.99M
Net EPS - Diluted	0.75	-9.15	-4.44	-2.27	-1.5
Diluted EPS - Continuing Operations	0.75	-9.15	-4.44	-2.27	-1.5
Diluted Weighted Average Shares Outstanding	9.55M	16.34M	26.38M	27.41M	30.99M
Normalized Basic EPS	0.5	-5.67	-2.77	-1.41	-0.92
Normalized Diluted EPS	0.42	-5.67	-2.77	-1.41	-0.92
Supplemental Items
EBITDA	20.29M	-126M	-104M	-45.43M	-32.41M
EBITA	19.77M	-127M	-104M	-46.04M	-33.39M
EBIT	19.77M	-127M	-104M	-46.04M	-33.39M
EBITDAR	21.89M	-124M	-101M	-42.03M	-30.21M
Effective Tax Rate - (Ratio)	2.56	-0.24	-0.14	-0.05	-0.96
Current Domestic Taxes	170K	359K	163K	31K	441K
Total Current Taxes	170K	359K	163K	31K	441K
Normalized Net Income	3.99M	-92.66M	-73.11M	-38.76M	-28.61M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	45.3M	46.5M	30.9M	12.1M	7.2M
Selling and Marketing Expenses	45.3M	46.5M	30.9M	12.1M	7.2M
General and Administrative Expenses	30.32M	58.72M	50.09M	40.62M	26.19M
Research And Development Expense From Footnotes	10.86M	12.09M	7.94M	4.52M	3.4M
Net Rental Expense, Total	1.6M	2.4M	2.3M	3.4M	2.2M
Imputed Operating Lease Interest Expense	334K	1.04M	744K	1.98M	1.31M
Imputed Operating Lease Depreciation	1.27M	1.36M	1.56M	1.42M	887K
Stock-Based Comp., R&D Exp. (Total)	-	541K	389K	478K	220K
Stock-Based Comp., G&A Exp. (Total)	-	5.74M	5.56M	5.46M	2.3M
Stock-Based Comp., SG&A Exp. (Total)	-	2.02M	1.96M	2.14M	307K
Stock-Based Comp., Other (Total)	3.08M	-	-	-	-
Total Stock-Based Compensation	3.08M	8.31M	7.92M	8.08M	2.83M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	170M	97.24M	75.97M	43.02M	26.54M
Total Cash And Short Term Investments	170M	97.24M	75.97M	43.02M	26.54M
Accounts Receivable, Total	6.16M	2.35M	9.94M	3.85M	7.94M
Total Receivables	6.16M	2.35M	9.94M	3.85M	7.94M
Inventory	1.13B	665M	276M	214M	93.79M
Prepaid Expenses	9.81M	6.83M	5.24M	2.56M	1.79M
Restricted Cash	24.62M	43.06M	3.97M	30.61M	1.63M
Total Current Assets	1.34B	814M	372M	294M	132M
Gross Property Plant And Equipment	11.4M	13.15M	11.06M	21.35M	25.83M
Accumulated Depreciation	-1.47M	-2.49M	-3.21M	-3.64M	-3.75M
Net Property Plant And Equipment	9.93M	10.66M	7.86M	17.71M	22.08M
Other Long-Term Assets, Total	175K	227K	234K	1.13M	997K
Total Assets	1.35B	825M	380M	313M	155M
Liabilities
Accounts Payable, Total	6.4M	4.65M	4.95M	1.92M	1.67M
Accrued Expenses, Total	32.45M	23.39M	10.11M	7.97M	5.57M
Current Portion of Long-Term Debt	1.03B	666M	257M	237M	78.08M
Current Portion of Leases	1.34M	2.26M	2.27M	963K	1.1M
Other Current Liabilities	1.23M	2.59M	1.47M	2.87M	2.39M
Total Current Liabilities	1.07B	699M	276M	251M	88.8M
Long-Term Debt	-	-	-	-	14.65M
Long-Term Leases	3.83M	3.69M	1.42M	14.2M	13.1M
Other Non Current Liabilities	24.06M	539K	471K	231K	-
Total Liabilities	1.1B	703M	278M	265M	117M
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	24K	25K	3K	3K	4K
Additional Paid In Capital	390M	403M	500M	508M	545M
Retained Earnings	-132M	-281M	-398M	-460M	-506M
Treasury Stock	-	-	-	-	-
Total Common Equity	258M	122M	102M	47.65M	38.22M
Total Equity	258M	122M	102M	47.65M	38.22M
Total Liabilities And Equity	1.35B	825M	380M	313M	155M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	15.94M	16.49M	27.29M	27.38M	47.21M
ECS Total Common Shares Outstanding	15.93M	16.48M	27.23M	27.38M	37.21M
Book Value / Share	16.17	7.4	3.74	1.74	1.03
Tangible Book Value	258M	122M	102M	47.65M	38.22M
Tangible Book Value Per Share	16.17	7.4	3.74	1.74	1.03
Total Debt	1.03B	672M	261M	252M	107M
Net Debt	862M	575M	185M	209M	80.39M
Debt Equivalent Oper. Leases	12.8M	19.2M	18.4M	27.2M	17.6M
Account Code - Inventory Valuation	8	8	8	8	8
Inventories - Work In Process, Total	327M	54.5M	53.12M	38.48M	11.34M
Inventories - Finished Goods, Total	805M	610M	223M	176M	82.46M
Land - (BS)	-	-	-	-	1.24M
Machinery, Total	5.5M	6.21M	6.18M	5.89M	6.44M
Full Time Employees	1K	900	350	200	140

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	6.46M	-149M	-117M	-62.16M	-46.38M
Depreciation & Amortization - CF	523K	1.02M	728K	611K	979K
Depreciation & Amortization, Total	523K	1.02M	728K	611K	979K
Amortization of Deferred Charges, Total - (CF)	916K	2.95M	4.34M	1.79M	815K
(Gain) Loss From Sale Of Asset	-246K	-	76K	105K	162K
Stock-Based Compensation (CF)	3.08M	8.31M	7.92M	8.08M	2.83M
Other Operating Activities, Total	379K	70.29M	6.74M	4.23M	5.48M
Change In Accounts Receivable	-3.84M	3.82M	-7.58M	6.09M	-4.09M
Change In Inventories	-950M	374M	379M	57.85M	109M
Change In Accounts Payable	4.13M	-1.75M	299K	-3.02M	-255K
Change in Other Net Operating Assets	16.28M	-4.68M	-12.93M	7.26M	-2.13M
Cash from Operations	-922M	305M	262M	20.83M	66.81M
Capital Expenditure	-13.69M	-1.07M	-127K	-5.41M	-1.08M
Sale of Property, Plant, and Equipment	2.03M	-	-	82K	19K
Other Investing Activities, Total	-	-	2.11M	-	-
Cash from Investing	-11.66M	-1.07M	1.98M	-5.33M	-1.06M
Short Term Debt Issued, Total	-	-	25.19M	-	15M
Long-Term Debt Issued, Total	2.76B	3.18B	876M	808M	417M
Total Debt Issued	2.76B	3.18B	901M	808M	432M
Short Term Debt Repaid, Total	-	-	-25.19M	-	-
Long-Term Debt Repaid, Total	-1.91B	-3.54B	-1.29B	-829M	-576M
Total Debt Repaid	-1.91B	-3.54B	-1.31B	-829M	-576M
Issuance of Common Stock	902K	4.9M	64K	33K	168K
Repurchase of Common Stock	-	-285K	-78K	-77K	-203K
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	225M	-646K	87.27M	-236K	33.46M
Cash from Financing	1.08B	-358M	-324M	-21.82M	-111M
Net Change in Cash	144M	-54.13M	-60.36M	-6.31M	-45.46M
Supplemental Items
Cash Interest Paid	21.88M	59.73M	24.73M	24.46M	16.85M
Cash Income Tax Paid (Refund)	-	-	-	-	-385K
Levered Free Cash Flow	-970M	350M	343M	5.29M	117M
Unlevered Free Cash Flow	-961M	375M	350M	15.18M	125M
Change In Net Working Capital	963M	-447M	-407M	-40.67M	-143M
Net Debt Issued / Repaid	851M	-362M	-411M	-21.54M	-145M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.55	-7.31	-10.83	-8.31	-8.92
Return on Total Capital	1.63	-7.64	-11.28	-8.68	-9.37
Return On Equity %	4.33	-78.33	-104.82	-83.2	-108.03
Return on Common Equity	11.3	-78.33	-104.82	-83.2	-108.03
Margin Analysis
Gross Profit Margin %	10.04	4.62	5.34	7.86	7.4
SG&A Margin	8.56	7.53	12.68	12.38	12.68
EBITDA Margin %	0.98	-3.2	-7.89	-4.94	-5.71
EBITA Margin %	0.95	-3.22	-7.94	-5.01	-5.88
EBIT Margin %	0.95	-3.22	-7.94	-5.01	-5.88
Income From Continuing Operations Margin %	0.31	-3.76	-8.92	-6.76	-8.17
Net Income Margin %	0.31	-3.76	-8.92	-6.76	-8.17
Net Avail. For Common Margin %	0.31	-3.76	-8.92	-6.76	-8.17
Normalized Net Income Margin	0.19	-2.34	-5.56	-4.22	-5.04
Levered Free Cash Flow Margin	-46.84	8.85	26.1	0.58	20.64
Unlevered Free Cash Flow Margin	-46.4	9.5	26.66	1.65	21.97
Asset Turnover
Asset Turnover	2.61	3.63	2.18	2.65	2.43
Fixed Assets Turnover	228.01	383.85	141.96	71.89	28.54
Receivables Turnover (Average Receivables)	488.66	928.32	213.99	133.33	96.35
Inventory Turnover (Average Inventory)	2.86	4.2	2.64	3.45	3.41
Short Term Liquidity
Current Ratio	1.26	1.16	1.35	1.17	1.48
Quick Ratio	0.16	0.14	0.31	0.19	0.39
Operating Cash Flow to Current Liabilities	-0.86	0.44	0.95	0.08	0.75
Days Sales Outstanding (Average Receivables)	0.75	0.39	1.71	2.74	3.79
Days Outstanding Inventory (Average Inventory)	127.76	87.01	138.05	106.06	106.9
Average Days Payable Outstanding	0.55	0.61	2.05	1.6	1.62
Cash Conversion Cycle (Average Days)	127.95	86.79	137.71	107.2	109.07
Long Term Solvency
Total Debt/Equity	400.43	551.39	256.36	529.67	279.78
Total Debt / Total Capital	80.02	84.65	71.94	84.12	73.67
LT Debt/Equity	1.49	3.03	1.39	29.81	72.61
Long-Term Debt / Total Capital	0.3	0.46	0.39	4.73	19.12
Total Liabilities / Total Assets	80.96	85.23	73.2	84.78	75.31
EBIT / Interest Expense	1.25	-2.77	-5.54	-2.46	-2.49
EBITDA / Interest Expense	1.38	-2.69	-5.38	-2.25	-2.25
(EBITDA - Capex) / Interest Expense	0.52	-2.72	-5.38	-2.54	-2.33
Total Debt / EBITDA	47.12	-5.42	-2.57	-6.01	-3.54
Net Debt / EBITDA	39.36	-4.64	-1.82	-4.98	-2.66
Total Debt / (EBITDA - Capex)	125.75	-5.38	-2.57	-5.32	-3.42
Net Debt / (EBITDA - Capex)	105.04	-4.6	-1.82	-4.41	-2.57
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	94.54	90.89	-66.74	-30.1	-38.2
Gross Profit, 1 Yr. Growth %	136.75	-12.22	-61.53	2.87	-41.76
EBITDA, 1 Yr. Growth %	-252.27	-722.48	-17.9	-56.18	-28.66
EBITA, 1 Yr. Growth %	-243.67	-744.12	-17.99	-55.9	-27.48
EBIT, 1 Yr. Growth %	-243.67	-744.12	-17.99	-55.9	-27.48
Earnings From Cont. Operations, 1 Yr. Growth %	-127.94	-2.4K	-21.13	-46.97	-25.38
Net Income, 1 Yr. Growth %	-127.94	-2.4K	-21.13	-46.97	-25.38
Normalized Net Income, 1 Yr. Growth %	-127.81	-2.42K	-21.1	-46.98	-26.19
Diluted EPS Before Extra, 1 Yr. Growth %	-112.5	-1.32K	-51.14	-48.9	-33.92
Accounts Receivable, 1 Yr. Growth %	167	-61.88	322.77	-61.27	106.29
Inventory, 1 Yr. Growth %	560.93	-41.31	-58.4	-22.54	-56.21
Net Property, Plant and Equip., 1 Yr. Growth %	20.64	7.38	-26.33	125.42	24.7
Total Assets, 1 Yr. Growth %	473.65	-39.02	-53.98	-17.55	-50.56
Tangible Book Value, 1 Yr. Growth %	-279.79	-52.68	-16.49	-53.18	-19.8
Common Equity, 1 Yr. Growth %	-279.79	-52.68	-16.49	-53.18	-19.8
Cash From Operations, 1 Yr. Growth %	-695.31	-133.13	-14.33	-92.04	220.69
Capital Expenditures, 1 Yr. Growth %	378.9	-92.18	-88.13	4.16K	-80.05
Levered Free Cash Flow, 1 Yr. Growth %	-704.86	-136.06	-1.9	-98.46	2.12K
Unlevered Free Cash Flow, 1 Yr. Growth %	-677.61	-139.08	-6.66	-95.67	721.86
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	38.72	92.71	-20.32	-51.78	-34.27
Gross Profit, 2 Yr. CAGR %	67.14	44.16	-41.89	-37.09	-22.6
EBITDA, 2 Yr. CAGR %	-21.62	207.88	126.06	-40.02	-44.09
EBITA, 2 Yr. CAGR %	-23.07	204.2	129.84	-39.86	-43.45
EBIT, 2 Yr. CAGR %	-23.07	204.2	129.84	-39.86	-43.45
Earnings From Cont. Operations, 2 Yr. CAGR %	-64.74	153.54	325.97	-35.33	-37.09
Net Income, 2 Yr. CAGR %	-64.74	153.54	325.97	-35.33	-37.09
Normalized Net Income, 2 Yr. CAGR %	-64.86	154.14	328.06	-35.32	-37.44
Diluted EPS Before Extra, 2 Yr. CAGR %	-76.43	23.49	155.6	-50.04	-41.89
Accounts Receivable, 2 Yr. CAGR %	37.81	0.88	26.95	27.96	-10.61
Inventory, 2 Yr. CAGR %	81.55	96.95	-50.59	-43.24	-41.76
Net Property, Plant and Equip., 2 Yr. CAGR %	30.76	13.82	-11.06	28.86	67.66
Total Assets, 2 Yr. CAGR %	87.25	87.03	-47.03	-38.4	-36.15
Tangible Book Value, 2 Yr. CAGR %	45.6	-7.76	-37.14	-37.47	-38.72
Common Equity, 2 Yr. CAGR %	45.6	-7.76	-37.14	-37.47	-38.72
Cash From Operations, 2 Yr. CAGR %	190.86	40.43	-46.73	-73.88	-49.47
Capital Expenditures, 2 Yr. CAGR %	262.95	-38.81	-90.37	124.82	191.48
Levered Free Cash Flow, 2 Yr. CAGR %	-	47.68	-40.53	-87.7	-41.55
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	50.24	-39.6	-79.89	-40.33
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	34.24	54.3	7.29	-23.72	-47.63
Gross Profit, 3 Yr. CAGR %	46.67	34.85	-7.19	-29.7	-38.69
EBITDA, 3 Yr. CAGR %	13.41	56.38	98.17	30.83	-36.45
EBITA, 3 Yr. CAGR %	11.91	56.21	96.52	32.56	-35.99
EBIT, 3 Yr. CAGR %	11.91	56.21	96.52	32.56	-35.99
Earnings From Cont. Operations, 3 Yr. CAGR %	-41.9	41.96	71.8	112.69	-32.17
Net Income, 3 Yr. CAGR %	-41.9	41.96	71.8	112.69	-32.17
Normalized Net Income, 3 Yr. CAGR %	-41.83	42.07	72.09	113.38	-32.41
Diluted EPS Before Extra, 3 Yr. CAGR %	-76.77	-12.16	-9.53	49.45	-45.16
Accounts Receivable, 3 Yr. CAGR %	-	-10.21	62.65	-14.54	50.04
Inventory, 3 Yr. CAGR %	-	24.6	17.29	-42.6	-47.94
Net Property, Plant and Equip., 3 Yr. CAGR %	-	22.45	-1.55	21.26	27.46
Total Assets, 3 Yr. CAGR %	-	28.83	17.2	-38.61	-42.76
Tangible Book Value, 3 Yr. CAGR %	-	0.1	-10.77	-43.02	-32.06
Common Equity, 3 Yr. CAGR %	-	0.1	-10.77	-43.02	-32.06
Cash From Operations, 3 Yr. CAGR %	127.12	40.99	19.1	-71.73	-39.75
Capital Expenditures, 3 Yr. CAGR %	82.25	0.98	-64.58	-26.62	0.28
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	28.85	-82.4	-30.54
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	28.2	-74.91	-30.74
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	8.96	-3.11	-11.81
Gross Profit, 5 Yr. CAGR %	-	-	1.28	-0.6	-13.69
EBITDA, 5 Yr. CAGR %	-	-	49.44	6.59	19.46
EBITA, 5 Yr. CAGR %	-	-	49.24	6.63	19.4
EBIT, 5 Yr. CAGR %	-	-	49.24	6.63	19.4
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	28.9	3.65	14.94
Net Income, 5 Yr. CAGR %	-	-	28.9	3.65	14.94
Normalized Net Income, 5 Yr. CAGR %	-	-	29.25	3.71	14.81
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-40.56	-29.99	-24.21
Accounts Receivable, 5 Yr. CAGR %	-	-	-	3.46	28.01
Inventory, 5 Yr. CAGR %	-	-	-	-9.02	-11.36
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	24.98	21.82
Total Assets, 5 Yr. CAGR %	-	-	-	-4.1	-8.08
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-17.07	-23.22
Common Equity, 5 Yr. CAGR %	-	-	-	-17.07	-23.22
Cash From Operations, 5 Yr. CAGR %	-	-	27.16	-28.17	-15.48
Capital Expenditures, 5 Yr. CAGR %	-	-	-43.78	39.09	-17.7
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-6.07
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-5.59