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OPAD: financial statements from SEC — TradeAlmanac

OPAD

Offerpad Solutions Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31/03/2026	30/09/2025	30/06/2025	31/03/2025	30/09/2024	30/06/2024
Revenue	80M	133M	160M	161M	208M	251M
Cost of revenue	75M	123M	146M	150M	191M	229M
Gross profit	6M	9M	14M	11M	17M	22M
Research and development	886,000	788,000	986,000	1M	947,000	964,000
Selling, general and administrative	6M	5M	8M	7M	8M	11M
Operating expenses	15M	16M	22M	22M	26M	32M
Operating income	−9M	−7M	−8M	−12M	−9M	−10M
Interest expense	—	—	—	—	—	5M
Pre-tax income	−10M	−11M	−11M	−15M	−14M	−14M
Income tax	16,000	380,000	30,000	37,000	24,000	−54,000
Net income	−10M	−12M	−11M	−15M	−14M	−14M
Earnings per share	−0.22	−0.37	−0.39	−0.55	−0.49	−0.50
Earnings per share, diluted	−0.22	−0.37	−0.39	−0.55	−0.49	−0.50
Weighted average shares	46M	31M	28M	28M	27M	27M
Weighted average shares, diluted	46M	31M	28M	28M	27M	27M

Balance sheet

Metric	31/03/2026	31/12/2025	30/09/2025	30/06/2025	31/03/2025	31/12/2024	30/09/2024	30/06/2024
Cash and equivalents	41M	27M	31M	23M	31M	43M	49M	57M
Receivables	8M	8M	7M

Cash flow

Metric	31/03/2026	30/09/2025	30/06/2025	31/03/2025	30/09/2024	30/06/2024
Operating cash flow	9M	—	—	−10M	—	—
Depreciation and amortisation	287,000	200,000	300,000	206,000

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator