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Side-by-side financial comparison of KAISER ALUMINUM CORP (KALU) and Opendoor Technologies Inc. (OPEN). Click either name above to swap in a different company.

KAISER ALUMINUM CORP is the larger business by last-quarter revenue ($929.0M vs $720.0M, roughly 1.3× Opendoor Technologies Inc.). KAISER ALUMINUM CORP runs the higher net margin — 3.0% vs -24.0%, a 27.1% gap on every dollar of revenue. On growth, KAISER ALUMINUM CORP posted the faster year-over-year revenue change (21.4% vs -37.6%). Over the past eight quarters, KAISER ALUMINUM CORP's revenue compounded faster (12.2% CAGR vs -31.0%).

Kaiser Aluminum Corporation is an American aluminum producer. It is a spinoff from Kaiser Aluminum and Chemicals Corporation, which came to be when common stock was offered in Permanente Metals Corporation and Permanente Metals Corporation's name was changed to Kaiser Aluminum and Chemicals Corporation.

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and re-lists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

KALU vs OPEN — Head-to-Head

Bigger by revenue
KALU
KALU
1.3× larger
KALU
$929.0M
$720.0M
OPEN
Growing faster (revenue YoY)
KALU
KALU
+58.9% gap
KALU
21.4%
-37.6%
OPEN
Higher net margin
KALU
KALU
27.1% more per $
KALU
3.0%
-24.0%
OPEN
Faster 2-yr revenue CAGR
KALU
KALU
Annualised
KALU
12.2%
-31.0%
OPEN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KALU
KALU
OPEN
OPEN
Revenue
$929.0M
$720.0M
Net Profit
$28.2M
$-173.0M
Gross Margin
13.3%
10.0%
Operating Margin
6.5%
67.9%
Net Margin
3.0%
-24.0%
Revenue YoY
21.4%
-37.6%
Net Profit YoY
42.4%
-103.5%
EPS (diluted)
$1.67
$-0.18

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
KALU
KALU
OPEN
OPEN
Q1 26
$720.0M
Q4 25
$929.0M
$736.0M
Q3 25
$843.5M
$915.0M
Q2 25
$823.1M
$1.6B
Q1 25
$777.4M
$1.2B
Q4 24
$765.4M
$1.1B
Q3 24
$747.7M
$1.4B
Q2 24
$773.4M
$1.5B
Net Profit
KALU
KALU
OPEN
OPEN
Q1 26
$-173.0M
Q4 25
$28.2M
$-1.1B
Q3 25
$39.5M
$-90.0M
Q2 25
$23.2M
$-29.0M
Q1 25
$21.6M
$-85.0M
Q4 24
$19.8M
$-113.0M
Q3 24
$8.8M
$-78.0M
Q2 24
$18.9M
$-92.0M
Gross Margin
KALU
KALU
OPEN
OPEN
Q1 26
10.0%
Q4 25
13.3%
7.7%
Q3 25
13.6%
7.2%
Q2 25
12.2%
8.2%
Q1 25
13.4%
8.6%
Q4 24
12.5%
7.8%
Q3 24
9.6%
7.6%
Q2 24
13.4%
8.5%
Operating Margin
KALU
KALU
OPEN
OPEN
Q1 26
67.9%
Q4 25
6.5%
-20.4%
Q3 25
5.8%
-7.4%
Q2 25
4.6%
-0.8%
Q1 25
5.3%
-4.9%
Q4 24
5.0%
-8.7%
Q3 24
1.8%
-4.9%
Q2 24
4.7%
-4.8%
Net Margin
KALU
KALU
OPEN
OPEN
Q1 26
-24.0%
Q4 25
3.0%
-148.9%
Q3 25
4.7%
-9.8%
Q2 25
2.8%
-1.9%
Q1 25
2.8%
-7.4%
Q4 24
2.6%
-10.4%
Q3 24
1.2%
-5.7%
Q2 24
2.4%
-6.1%
EPS (diluted)
KALU
KALU
OPEN
OPEN
Q1 26
$-0.18
Q4 25
$1.67
$-1.42
Q3 25
$2.38
$-0.12
Q2 25
$1.41
$-0.04
Q1 25
$1.31
$-0.12
Q4 24
$1.21
$-0.16
Q3 24
$0.54
$-0.11
Q2 24
$1.15
$-0.13

Balance Sheet & Financial Strength

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

Metric
KALU
KALU
OPEN
OPEN
Cash + ST InvestmentsLiquidity on hand
$7.0M
$999.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$826.1M
$954.0M
Total Assets
$2.6B
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KALU
KALU
OPEN
OPEN
Q1 26
$999.0M
Q4 25
$7.0M
$962.0M
Q3 25
$17.2M
$962.0M
Q2 25
$13.1M
$789.0M
Q1 25
$21.3M
$559.0M
Q4 24
$18.4M
$679.0M
Q3 24
$45.7M
$837.0M
Q2 24
$70.4M
$809.0M
Stockholders' Equity
KALU
KALU
OPEN
OPEN
Q1 26
$954.0M
Q4 25
$826.1M
$1.0B
Q3 25
$806.1M
$811.0M
Q2 25
$776.0M
$631.0M
Q1 25
$756.8M
$645.0M
Q4 24
$743.1M
$713.0M
Q3 24
$729.4M
$801.0M
Q2 24
$727.6M
$845.0M
Total Assets
KALU
KALU
OPEN
OPEN
Q1 26
$2.3B
Q4 25
$2.6B
$2.4B
Q3 25
$2.6B
$2.7B
Q2 25
$2.5B
$2.9B
Q1 25
$2.4B
$3.3B
Q4 24
$2.4B
$3.1B
Q3 24
$2.3B
$3.4B
Q2 24
$2.3B
$3.4B

Cash Flow & Capital Efficiency

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

Metric
KALU
KALU
OPEN
OPEN
Operating Cash FlowLast quarter
$-20.6M
$-246.0M
Free Cash FlowOCF − Capex
$-51.1M
FCF MarginFCF / Revenue
-5.5%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
-0.73×
TTM Free Cash FlowTrailing 4 quarters
$-25.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KALU
KALU
OPEN
OPEN
Q1 26
$-246.0M
Q4 25
$-20.6M
$70.0M
Q3 25
$59.1M
$435.0M
Q2 25
$15.9M
$823.0M
Q1 25
$57.0M
$-279.0M
Q4 24
$43.4M
$-80.0M
Q3 24
$34.1M
$62.0M
Q2 24
$26.3M
$-399.0M
Free Cash Flow
KALU
KALU
OPEN
OPEN
Q1 26
Q4 25
$-51.1M
$67.0M
Q3 25
$34.5M
$432.0M
Q2 25
$-27.7M
$821.0M
Q1 25
$18.8M
$-283.0M
Q4 24
$-12.6M
$-83.0M
Q3 24
$-17.0M
$56.0M
Q2 24
$-17.4M
$-407.0M
FCF Margin
KALU
KALU
OPEN
OPEN
Q1 26
Q4 25
-5.5%
9.1%
Q3 25
4.1%
47.2%
Q2 25
-3.4%
52.4%
Q1 25
2.4%
-24.5%
Q4 24
-1.6%
-7.7%
Q3 24
-2.3%
4.1%
Q2 24
-2.2%
-26.9%
Capex Intensity
KALU
KALU
OPEN
OPEN
Q1 26
Q4 25
3.3%
0.4%
Q3 25
2.9%
0.3%
Q2 25
5.3%
0.1%
Q1 25
4.9%
0.3%
Q4 24
7.3%
0.3%
Q3 24
6.8%
0.4%
Q2 24
5.7%
0.5%
Cash Conversion
KALU
KALU
OPEN
OPEN
Q1 26
Q4 25
-0.73×
Q3 25
1.50×
Q2 25
0.69×
Q1 25
2.64×
Q4 24
2.19×
Q3 24
3.88×
Q2 24
1.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KALU
KALU

Packaging$440.6M47%
Aero Hs Products$213.0M23%
Transferred Over Time$200.2M22%
Automotive Extrusions$75.4M8%

OPEN
OPEN

Segment breakdown not available.

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