NYSE$OPAD

Offerpad Solutions Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Headline financials

Total Revenue

$234M

Previous: $822M-71.5%
EPS (adj)

-$0.74

Previous: -$4.95+85.1%
Capital Expenditures

-$90K

Previous: -$917K+90.2%
Free Cash Flow

-$20.1M

Previous: -$80.9M+75.2%
Net Income

-$20M

Previous: -$80M+75.0%
Operating Income

-$19.5M

Previous: -$70.2M+72.2%
Gross Profit

$24M

Previous: $2.16M+1010.4%
Cash & Equivalents

$106M

Previous: $197M-46.1%
Total Assets

$422M

Previous: $1.44B-70.6%
R&D Expense

$2.16M

No prior period
Stock-Based Comp

$2.02M

Previous: $2.27M-10.9%

Revenue & EPS history

Offerpad · Revenue · Quarterly

$234M

Q3 2023-71.5%vs Q3 2022
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Offerpad · $2.81M total across 1 segment · Q1 2023

  • Renovate
    $2.81M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2023

Historical avgQ3 2023

-5.9%

Avg return

Earnings day

-5.6%

Avg return

5 days after

+34.7%

Avg return

30 days after

25%

6 / 24 earnings

Positive

+26.4%

Q4 2021

Best reaction

-26.1%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%-17.0%+859.2%
Q4 2025-6.8%-3.7%-17.3%
Q3 2025-26.1%-21.7%-13.9%
Q1 2025-9.4%+1.9%+4.9%
Q4 2024-3.6%-10.0%-18.2%
Q3 2024+1.3%+17.0%+56.7%
Q2 2024-16.8%-22.5%-7.2%
Q1 2024-8.9%-3.6%-35.1%
Q4 2023-6.5%-6.9%-9.1%
Q3 2023+1.8%+3.5%+28.2%
Q2 2023-4.9%-14.0%+5.8%
Q1 2023-4.7%+15.9%+27.9%
Q4 2022-9.8%-18.2%-26.6%
Q3 2022-26.0%-29.4%-32.2%
Q2 2022-17.7%-20.5%-36.4%
Q1 2022+2.5%-11.0%-6.8%
Q2 2021-11.4%-12.5%+1.8%
Q4 2019-11.4%-12.5%+1.8%
Q1 2020-11.4%-12.5%+1.8%
Q4 2021+26.4%+32.9%+45.9%
Q3 2021+2.3%+11.0%+5.5%
Q1 2021+0.0%+0.0%+0.3%
Q4 2020+0.0%+0.0%-1.3%
Q2 2020+0.0%+0.0%-1.3%
Q3 2020

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