Offerpad Solutions Inc (OPAD) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to Offerpad's fourth quarter and full year 2025 earnings conference call. My name is Kara and I will be your conference operator today. At this time, all participant lines have been placed on mute to prevent any background noise. After management's prepared remarks, we will open the call for a question and answer session. If you would like to ask a question, please press star followed by the number one on your telephone keypad. To withdraw your question, press the hashtag pound key. And with that, I'll turn the call over to Courtney Reed, OfferPad's Vice President of Investor Relations and Communications. Good afternoon and welcome to OfferPad's fourth quarter 2025 earnings call. During the call today, management will make forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently uncertain and events could differ significantly from management's expectations. Please refer to the risks, uncertainties, and other factors relating to the company's business described in our filings with the U.S. Securities and Exchange Commission. Except as required by applicable law, OfferPad does not intend to update or alter forward-looking statements whether as a result of new information, future events, or otherwise. On today's call, management will refer to certain non-GAAP financial measures. These metrics exclude certain items discussed in our earnings release under the heading non-GAAP financial measures. The reconciliations of OfferPad non-GAAP measures to the comparable GAAP measures are available in the financial tables of the fourth quarter earnings release on OfferPad's website. With that, I'll turn the call over to Brian Baer, Chairman and Chief Executive Officer. Thank ...