Opendoor Technologies Inc. reported its financial results for the three months ending March 31, 2025. The company generated $1.153 billion in revenue, showing a slight increase from $1.084 billion in the previous quarter, December 31, 2024. However, this is a slight decrease compared to the $1.181 billion reported in the same period the previous year. The gross profit for the quarter was $99 million, which is an improvement from $85 million in the prior quarter but a decrease from $114 million in the same quarter last year. The gross margin stood at 8.6%, up from 7.8% in the preceding quarter but down from 9.7% year-over-year. Opendoor reported a net loss of $85 million, reduced from a loss of $113 million in the fourth quarter of 2024. This figure, however, reflects a slight improvement compared to the net loss of $109 million in the corresponding quarter of the previous year. During this period, the company sold 2,946 homes, an increase from 2,822 homes sold in the prior quarter but a decrease from 3,078 homes sold in the same period last year. Homes purchased in the quarter totaled 3,609, which is an increase from 2,951 homes in the previous quarter and up slightly from 3,458 homes purchased in the same quarter last year. Opendoor's operational markets at the end of the period remained consistent at 50, and the company had 7,080 homes in inventory, up from 6,417 homes at the end of the previous quarter. No specific future outlook or guidance was provided in the report.