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Side-by-side financial comparison of BingEx Ltd (FLX) and Offerpad Solutions Inc. (OPAD). Click either name above to swap in a different company.

BingEx Ltd is the larger business by last-quarter revenue ($143.2M vs $114.1M, roughly 1.3× Offerpad Solutions Inc.).

Offerpad Solutions Inc is a prominent U.S. proptech firm focused on simplifying residential real estate transactions. Operating under the iBuyer model, it purchases homes directly from sellers, conducts required renovations, and resells properties to buyers. It also provides supporting services including mortgage assistance, title services, and flexible moving options for clients across dozens of U.S. states.

FLX vs OPAD — Head-to-Head

Bigger by revenue
FLX
FLX
1.3× larger
FLX
$143.2M
$114.1M
OPAD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FLX
FLX
OPAD
OPAD
Revenue
$143.2M
$114.1M
Net Profit
$3.2M
Gross Margin
10.8%
7.0%
Operating Margin
Net Margin
2.2%
Revenue YoY
-34.5%
Net Profit YoY
49.1%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLX
FLX
OPAD
OPAD
Q1 26
$143.2M
Q4 25
$114.1M
Q3 25
$141.2M
$132.7M
Q2 25
$143.0M
$160.3M
Q1 25
$141.0M
$160.7M
Q4 24
$174.3M
Q3 24
$164.6M
$208.1M
Q2 24
$251.1M
Net Profit
FLX
FLX
OPAD
OPAD
Q1 26
$3.2M
Q4 25
Q3 25
$6.1M
$-11.6M
Q2 25
$7.5M
$-10.9M
Q1 25
$27.6M
$-15.1M
Q4 24
$-17.3M
Q3 24
$3.4M
$-13.5M
Q2 24
$-13.8M
Gross Margin
FLX
FLX
OPAD
OPAD
Q1 26
10.8%
Q4 25
7.0%
Q3 25
11.1%
7.0%
Q2 25
12.0%
8.9%
Q1 25
10.0%
6.5%
Q4 24
6.1%
Q3 24
11.3%
8.2%
Q2 24
8.7%
Operating Margin
FLX
FLX
OPAD
OPAD
Q1 26
Q4 25
Q3 25
1.4%
-5.1%
Q2 25
1.9%
-4.9%
Q1 25
-7.2%
Q4 24
-7.8%
Q3 24
4.0%
-4.3%
Q2 24
-3.9%
Net Margin
FLX
FLX
OPAD
OPAD
Q1 26
2.2%
Q4 25
Q3 25
4.4%
-8.7%
Q2 25
5.2%
-6.8%
Q1 25
19.6%
-9.4%
Q4 24
-9.9%
Q3 24
2.1%
-6.5%
Q2 24
-5.5%
EPS (diluted)
FLX
FLX
OPAD
OPAD
Q1 26
Q4 25
Q3 25
$-0.37
Q2 25
$-0.39
Q1 25
$-0.55
Q4 24
$-0.64
Q3 24
$-0.49
Q2 24
$-0.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLX
FLX
OPAD
OPAD
Cash + ST InvestmentsLiquidity on hand
$561.1M
$26.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$38.2M
Total Assets
$1.3B
$154.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLX
FLX
OPAD
OPAD
Q1 26
$561.1M
Q4 25
$26.5M
Q3 25
$628.6M
$31.0M
Q2 25
$499.4M
$22.6M
Q1 25
$592.4M
$30.8M
Q4 24
$43.0M
Q3 24
$517.4M
$48.5M
Q2 24
$56.9M
Stockholders' Equity
FLX
FLX
OPAD
OPAD
Q1 26
Q4 25
$38.2M
Q3 25
$39.9M
Q2 25
$24.5M
Q1 25
$34.2M
Q4 24
$47.7M
Q3 24
$64.7M
Q2 24
$77.6M
Total Assets
FLX
FLX
OPAD
OPAD
Q1 26
$1.3B
Q4 25
$154.8M
Q3 25
$1.3B
$223.5M
Q2 25
$1.2B
$268.0M
Q1 25
$1.2B
$274.5M
Q4 24
$313.1M
Q3 24
$926.8M
$338.5M
Q2 24
$406.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLX
FLX
OPAD
OPAD
Operating Cash FlowLast quarter
$66.8M
Free Cash FlowOCF − Capex
$65.7M
FCF MarginFCF / Revenue
57.6%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLX
FLX
OPAD
OPAD
Q1 26
Q4 25
$66.8M
Q3 25
$40.0M
Q2 25
$-13.5M
Q1 25
$-10.2M
Q4 24
$20.8M
Q3 24
$39.6M
Q2 24
$-54.4M
Free Cash Flow
FLX
FLX
OPAD
OPAD
Q1 26
Q4 25
$65.7M
Q3 25
Q2 25
$-13.6M
Q1 25
$-11.2M
Q4 24
$15.4M
Q3 24
$38.7M
Q2 24
$-54.4M
FCF Margin
FLX
FLX
OPAD
OPAD
Q1 26
Q4 25
57.6%
Q3 25
Q2 25
-8.5%
Q1 25
-7.0%
Q4 24
8.9%
Q3 24
18.6%
Q2 24
-21.7%
Capex Intensity
FLX
FLX
OPAD
OPAD
Q1 26
Q4 25
0.9%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.6%
Q4 24
3.1%
Q3 24
0.4%
Q2 24
0.0%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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