Offerpad Solutions Inc.
OPADNYSEReal Estate · Real Estate Agents & Managers (For Others) · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $567.8M | $918.8M | $1.31B | $3.95B | $2.07B | $1.06B |
| Operating income | −$33.4M | −$46.0M | −$104.4M | −$127.3M | $19.8M | −$13.8M |
| Net income | −$46.4M | −$62.2M | −$117.2M | −$148.6M | $6.5M | $0 |
| Total assets | $154.8M | $313.1M | $379.7M | $825.1M | $1.35B | $404.1M |
| Total liabilities | $116.6M | $265.4M | $277.9M | $703.2M | $1.10B | $14.5M |
| Equity | $38.2M | $47.7M | $101.8M | $121.9M | $257.6M | $0 |
| EPS (diluted) | $-1.50 | $-2.27 | $-4.44 | $-9.09 | $0.68 | $-0.40 |
| Shares out. | 27.4M | 27.3M | 26.4M | 16.3M | 9.5M | 57.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −5.9%
- Net margin
- −8.2%
- Return on equity
- −121.4%
- Return on assets
- −30.0%
- Return on capital (ROCE)
- −50.6%
- Liabilities / assets
- 75.3%
- Debt / equity
- 3.05×
- Book value / share
- $1.40
- Revenue growth (YoY)
- −38.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -9.95distress
- Accruals / assets
- −73.1%clean
- Beneish M-Score
- -3.73normal
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 17, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- First American Financial CorpActivist (13D)Feb 25, 2026
- Citadel Advisors LlcPassive (13G)Jan 21, 2026
- Davidson Kempner Capital Management LpPassive (13G)Jan 16, 2026
- Sella Roberto MarcoActivist (13D)Oct 2, 2025
- Ll Capital Partners I, L.P.Activist (13D)Oct 2, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Sella Roberto MarcoDirector | Sep 30, 2025 | J | 764,858 | — |
| Ll Capital Partners I, L.P.10% owner | Sep 30, 2025 | J | 5.8M | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 4.7M | 6.6 | +3.8% |
| Apr 30, 2026 | 4.6M | 7.2 | +0.3% |
| Apr 15, 2026 | 4.6M | 6.5 | -9.6% |
| Mar 31, 2026 | 5.0M | 6.5 | -2.7% |
| Mar 13, 2026 | 5.2M | 6.4 | +4.1% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Other material eventApr 30, 2026
- Results of operationsApr 30, 2026
- Delisting / listing-standard notice · Regulation FD disclosureMar 6, 2026
- Results of operationsFeb 23, 2026
- Director / officer changeFeb 13, 2026
- Entered a material agreementJan 13, 2026
- Results of operationsNov 3, 2025
- Results of operations · Other material eventOct 20, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (4)
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