Opendoor Technologies Inc. reported financial results for the second quarter ended June 30, 2026. Revenue increased 23% sequentially to $883 million from $720 million in Q1, while contribution profit rose 59% to $51 million and contribution margin expanded by 140 basis points to 5.8%. The company purchased 4,378 homes, a 77% increase quarter-over-quarter, bringing total inventory to 5,459 homes valued at $1.845 billion. GAAP net loss widened to $162 million from $173 million in Q1, primarily due to $100 million in stock-based compensation for market-condition RSUs and a $19 million SBC charge. Adjusted EBITDA was negative $4 million, compared to negative $31 million in the prior quarter. The company reaffirmed its guidance to achieve positive Adjusted Net Income on a twelve-month go-forward basis by the end of 2026. Opendoor operates an e-commerce platform for residential real estate transactions.