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Side-by-side financial comparison of Opendoor Technologies Inc. (OPEN) and Root, Inc. (ROOT). Click either name above to swap in a different company.

Opendoor Technologies Inc. is the larger business by last-quarter revenue ($736.0M vs $397.0M, roughly 1.9× Root, Inc.). On growth, Root, Inc. posted the faster year-over-year revenue change (21.5% vs -32.1%). Over the past eight quarters, Root, Inc.'s revenue compounded faster (24.8% CAGR vs -21.1%).

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.

Root Insurance Company is an online car insurance company operating in the United States.

OPEN vs ROOT — Head-to-Head

Bigger by revenue
OPEN
OPEN
1.9× larger
OPEN
$736.0M
$397.0M
ROOT
Growing faster (revenue YoY)
ROOT
ROOT
+53.6% gap
ROOT
21.5%
-32.1%
OPEN
Faster 2-yr revenue CAGR
ROOT
ROOT
Annualised
ROOT
24.8%
-21.1%
OPEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OPEN
OPEN
ROOT
ROOT
Revenue
$736.0M
$397.0M
Net Profit
$-1.1B
Gross Margin
7.7%
Operating Margin
-20.4%
2.6%
Net Margin
-148.9%
Revenue YoY
-32.1%
21.5%
Net Profit YoY
-869.9%
EPS (diluted)
$-1.42
$0.35

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
OPEN
OPEN
ROOT
ROOT
Q4 25
$736.0M
$397.0M
Q3 25
$915.0M
$387.8M
Q2 25
$1.6B
$382.9M
Q1 25
$1.2B
$349.4M
Q4 24
$1.1B
$326.7M
Q3 24
$1.4B
$305.7M
Q2 24
$1.5B
$289.2M
Q1 24
$1.2B
$254.9M
Net Profit
OPEN
OPEN
ROOT
ROOT
Q4 25
$-1.1B
Q3 25
$-90.0M
$-5.4M
Q2 25
$-29.0M
$22.0M
Q1 25
$-85.0M
$18.4M
Q4 24
$-113.0M
Q3 24
$-78.0M
$22.8M
Q2 24
$-92.0M
$-7.8M
Q1 24
$-109.0M
$-6.2M
Gross Margin
OPEN
OPEN
ROOT
ROOT
Q4 25
7.7%
Q3 25
7.2%
Q2 25
8.2%
Q1 25
8.6%
Q4 24
7.8%
Q3 24
7.6%
Q2 24
8.5%
Q1 24
9.7%
Operating Margin
OPEN
OPEN
ROOT
ROOT
Q4 25
-20.4%
2.6%
Q3 25
-7.4%
0.1%
Q2 25
-0.8%
7.1%
Q1 25
-4.9%
6.8%
Q4 24
-8.7%
10.7%
Q3 24
-4.9%
11.3%
Q2 24
-4.8%
1.3%
Q1 24
-7.4%
2.1%
Net Margin
OPEN
OPEN
ROOT
ROOT
Q4 25
-148.9%
Q3 25
-9.8%
-1.4%
Q2 25
-1.9%
5.7%
Q1 25
-7.4%
5.3%
Q4 24
-10.4%
Q3 24
-5.7%
7.5%
Q2 24
-6.1%
-2.7%
Q1 24
-9.2%
-2.4%
EPS (diluted)
OPEN
OPEN
ROOT
ROOT
Q4 25
$-1.42
$0.35
Q3 25
$-0.12
$-0.35
Q2 25
$-0.04
$1.29
Q1 25
$-0.12
$1.07
Q4 24
$-0.16
$1.42
Q3 24
$-0.11
$1.35
Q2 24
$-0.13
$-0.52
Q1 24
$-0.16
$-0.42

Balance Sheet & Financial Strength

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

Metric
OPEN
OPEN
ROOT
ROOT
Cash + ST InvestmentsLiquidity on hand
$962.0M
$669.3M
Total DebtLower is stronger
$200.3M
Stockholders' EquityBook value
$1.0B
$284.3M
Total Assets
$2.4B
$1.7B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPEN
OPEN
ROOT
ROOT
Q4 25
$962.0M
$669.3M
Q3 25
$962.0M
$653.3M
Q2 25
$789.0M
$641.4M
Q1 25
$559.0M
$609.4M
Q4 24
$679.0M
$599.3M
Q3 24
$837.0M
$674.8M
Q2 24
$809.0M
$667.2M
Q1 24
$990.0M
$640.5M
Total Debt
OPEN
OPEN
ROOT
ROOT
Q4 25
$200.3M
Q3 25
$200.4M
Q2 25
$200.1M
Q1 25
$200.0M
Q4 24
$200.1M
Q3 24
$300.9M
Q2 24
$300.1M
Q1 24
$299.3M
Stockholders' Equity
OPEN
OPEN
ROOT
ROOT
Q4 25
$1.0B
$284.3M
Q3 25
$811.0M
$265.0M
Q2 25
$631.0M
$244.5M
Q1 25
$645.0M
$228.7M
Q4 24
$713.0M
$203.7M
Q3 24
$801.0M
$181.9M
Q2 24
$845.0M
$151.3M
Q1 24
$899.0M
$165.7M
Total Assets
OPEN
OPEN
ROOT
ROOT
Q4 25
$2.4B
$1.7B
Q3 25
$2.7B
$1.6B
Q2 25
$2.9B
$1.6B
Q1 25
$3.3B
$1.6B
Q4 24
$3.1B
$1.5B
Q3 24
$3.4B
$1.6B
Q2 24
$3.4B
$1.5B
Q1 24
$3.4B
$1.4B
Debt / Equity
OPEN
OPEN
ROOT
ROOT
Q4 25
0.70×
Q3 25
0.76×
Q2 25
0.82×
Q1 25
0.87×
Q4 24
0.98×
Q3 24
1.65×
Q2 24
1.98×
Q1 24
1.81×

Cash Flow & Capital Efficiency

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

Metric
OPEN
OPEN
ROOT
ROOT
Operating Cash FlowLast quarter
$70.0M
$206.5M
Free Cash FlowOCF − Capex
$67.0M
FCF MarginFCF / Revenue
9.1%
Capex IntensityCapex / Revenue
0.4%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPEN
OPEN
ROOT
ROOT
Q4 25
$70.0M
$206.5M
Q3 25
$435.0M
$57.6M
Q2 25
$823.0M
$52.0M
Q1 25
$-279.0M
$26.8M
Q4 24
$-80.0M
$195.7M
Q3 24
$62.0M
$49.4M
Q2 24
$-399.0M
$62.6M
Q1 24
$-178.0M
$14.5M
Free Cash Flow
OPEN
OPEN
ROOT
ROOT
Q4 25
$67.0M
Q3 25
$432.0M
Q2 25
$821.0M
Q1 25
$-283.0M
Q4 24
$-83.0M
$195.3M
Q3 24
$56.0M
Q2 24
$-407.0M
$62.4M
Q1 24
$-186.0M
$14.3M
FCF Margin
OPEN
OPEN
ROOT
ROOT
Q4 25
9.1%
Q3 25
47.2%
Q2 25
52.4%
Q1 25
-24.5%
Q4 24
-7.7%
59.8%
Q3 24
4.1%
Q2 24
-26.9%
21.6%
Q1 24
-15.7%
5.6%
Capex Intensity
OPEN
OPEN
ROOT
ROOT
Q4 25
0.4%
0.0%
Q3 25
0.3%
0.0%
Q2 25
0.1%
0.0%
Q1 25
0.3%
0.0%
Q4 24
0.3%
0.1%
Q3 24
0.4%
0.0%
Q2 24
0.5%
0.1%
Q1 24
0.7%
0.1%
Cash Conversion
OPEN
OPEN
ROOT
ROOT
Q4 25
Q3 25
Q2 25
2.36×
Q1 25
1.46×
Q4 24
Q3 24
2.17×
Q2 24
Q1 24

Financial Flow Comparison

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

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