Opendoor Technologies Inc · NASDAQ:OPEN
Opendoor Technologies — Q4 2025 Earnings Presentation
5 slides from Opendoor Technologies's earnings presentation, Feb 19, 2026
Slide 1: Supplemental Macro Charts 4Q25
Supplemental Macro Charts 4Q25 4Q25 Macro Charts Exhibit 99.3
Slide 2: Trailing 7-Day MLS Clearance Rate
Supplemental Macro Charts 4Q25 1 Note: MLS Clearance Rate is defined as the number of daily contracts that enter pending status on the Multiple Listing Service (i.e. market listings), filtered for Opendoor’s markets and buybox, divided by the number of active listings on the Multiple Listing Service
Slide 3: Trailing 7-Day MLS Contracts and Active Listings
Supplemental Macro Charts 4Q25 Trailing 7-Day MLS Contracts MLS Data Filtered to Opendoor Markets and Buybox 2 Trailing 7-Day MLS Active Listings MLS Data Filtered to Opendoor Markets and Buybox Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Slide 4: Trailing 28-Day Delisting to Contract Ratio and New Listings
Supplemental Macro Charts 4Q25 Trailing 28-Day MLS Daily Delisting to Contract Ratio MLS Data Filtered to Opendoor Markets and Buybox; excludes California markets 3 Trailing 7-Day MLS New Listings MLS Data Filtered to Opendoor Markets and Buybox Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Fe
Slide 5: Rolling Home Price Appreciation Weighted to Opendoor Markets
Supplemental Macro Charts 4Q25 30-Day Rolling Home Price Appreciation (HPA) Weighted to Opendoor Markets; Non-Seasonally Adjusted 4 YoY Rolling Home Price Appreciation (HPA) Weighted to Opendoor Markets; Non-Seasonally Adjusted Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Opendoor Technologies — Q4 2025 Earnings Presentation on 6ix