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Side-by-side financial comparison of Opendoor Technologies Inc. (OPEN) and BOSTON BEER CO INC (SAM). Click either name above to swap in a different company.

Opendoor Technologies Inc. is the larger business by last-quarter revenue ($736.0M vs $385.7M, roughly 1.9× BOSTON BEER CO INC). BOSTON BEER CO INC runs the higher net margin — -5.8% vs -148.9%, a 143.1% gap on every dollar of revenue. On growth, BOSTON BEER CO INC posted the faster year-over-year revenue change (-4.1% vs -32.1%). Opendoor Technologies Inc. produced more free cash flow last quarter ($67.0M vs $22.1M). Over the past eight quarters, BOSTON BEER CO INC's revenue compounded faster (-4.9% 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.

The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.

OPEN vs SAM — Head-to-Head

Bigger by revenue
OPEN
OPEN
1.9× larger
OPEN
$736.0M
$385.7M
SAM
Growing faster (revenue YoY)
SAM
SAM
+28.0% gap
SAM
-4.1%
-32.1%
OPEN
Higher net margin
SAM
SAM
143.1% more per $
SAM
-5.8%
-148.9%
OPEN
More free cash flow
OPEN
OPEN
$44.9M more FCF
OPEN
$67.0M
$22.1M
SAM
Faster 2-yr revenue CAGR
SAM
SAM
Annualised
SAM
-4.9%
-21.1%
OPEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OPEN
OPEN
SAM
SAM
Revenue
$736.0M
$385.7M
Net Profit
$-1.1B
$-22.5M
Gross Margin
7.7%
43.5%
Operating Margin
-20.4%
-8.6%
Net Margin
-148.9%
-5.8%
Revenue YoY
-32.1%
-4.1%
Net Profit YoY
-869.9%
41.9%
EPS (diluted)
$-1.42
$-1.97

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
SAM
SAM
Q4 25
$736.0M
$385.7M
Q3 25
$915.0M
$537.5M
Q2 25
$1.6B
$587.9M
Q1 25
$1.2B
$453.9M
Q4 24
$1.1B
$402.3M
Q3 24
$1.4B
$605.5M
Q2 24
$1.5B
$579.1M
Q1 24
$1.2B
$426.1M
Net Profit
OPEN
OPEN
SAM
SAM
Q4 25
$-1.1B
$-22.5M
Q3 25
$-90.0M
$46.2M
Q2 25
$-29.0M
$60.4M
Q1 25
$-85.0M
$24.4M
Q4 24
$-113.0M
$-38.8M
Q3 24
$-78.0M
$33.5M
Q2 24
$-92.0M
$52.3M
Q1 24
$-109.0M
$12.6M
Gross Margin
OPEN
OPEN
SAM
SAM
Q4 25
7.7%
43.5%
Q3 25
7.2%
50.8%
Q2 25
8.2%
49.8%
Q1 25
8.6%
48.3%
Q4 24
7.8%
39.9%
Q3 24
7.6%
46.3%
Q2 24
8.5%
46.0%
Q1 24
9.7%
43.7%
Operating Margin
OPEN
OPEN
SAM
SAM
Q4 25
-20.4%
-8.6%
Q3 25
-7.4%
11.5%
Q2 25
-0.8%
14.0%
Q1 25
-4.9%
7.4%
Q4 24
-8.7%
-13.9%
Q3 24
-4.9%
7.6%
Q2 24
-4.8%
12.2%
Q1 24
-7.4%
3.6%
Net Margin
OPEN
OPEN
SAM
SAM
Q4 25
-148.9%
-5.8%
Q3 25
-9.8%
8.6%
Q2 25
-1.9%
10.3%
Q1 25
-7.4%
5.4%
Q4 24
-10.4%
-9.6%
Q3 24
-5.7%
5.5%
Q2 24
-6.1%
9.0%
Q1 24
-9.2%
3.0%
EPS (diluted)
OPEN
OPEN
SAM
SAM
Q4 25
$-1.42
$-1.97
Q3 25
$-0.12
$4.25
Q2 25
$-0.04
$5.45
Q1 25
$-0.12
$2.16
Q4 24
$-0.16
$-3.23
Q3 24
$-0.11
$2.86
Q2 24
$-0.13
$4.39
Q1 24
$-0.16
$1.04

Balance Sheet & Financial Strength

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

Metric
OPEN
OPEN
SAM
SAM
Cash + ST InvestmentsLiquidity on hand
$962.0M
$223.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.0B
$846.3M
Total Assets
$2.4B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPEN
OPEN
SAM
SAM
Q4 25
$962.0M
$223.4M
Q3 25
$962.0M
$250.5M
Q2 25
$789.0M
$212.4M
Q1 25
$559.0M
$152.5M
Q4 24
$679.0M
$211.8M
Q3 24
$837.0M
$255.6M
Q2 24
$809.0M
$219.3M
Q1 24
$990.0M
$205.4M
Stockholders' Equity
OPEN
OPEN
SAM
SAM
Q4 25
$1.0B
$846.3M
Q3 25
$811.0M
$911.0M
Q2 25
$631.0M
$912.3M
Q1 25
$645.0M
$897.0M
Q4 24
$713.0M
$916.2M
Q3 24
$801.0M
$1.0B
Q2 24
$845.0M
$1.0B
Q1 24
$899.0M
$1.0B
Total Assets
OPEN
OPEN
SAM
SAM
Q4 25
$2.4B
$1.2B
Q3 25
$2.7B
$1.2B
Q2 25
$2.9B
$1.3B
Q1 25
$3.3B
$1.2B
Q4 24
$3.1B
$1.3B
Q3 24
$3.4B
$1.4B
Q2 24
$3.4B
$1.4B
Q1 24
$3.4B
$1.4B

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
SAM
SAM
Operating Cash FlowLast quarter
$70.0M
$39.9M
Free Cash FlowOCF − Capex
$67.0M
$22.1M
FCF MarginFCF / Revenue
9.1%
5.7%
Capex IntensityCapex / Revenue
0.4%
4.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.0B
$215.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPEN
OPEN
SAM
SAM
Q4 25
$70.0M
$39.9M
Q3 25
$435.0M
$101.8M
Q2 25
$823.0M
$126.5M
Q1 25
$-279.0M
$1.9M
Q4 24
$-80.0M
$41.9M
Q3 24
$62.0M
$115.9M
Q2 24
$-399.0M
$96.0M
Q1 24
$-178.0M
$-4.9M
Free Cash Flow
OPEN
OPEN
SAM
SAM
Q4 25
$67.0M
$22.1M
Q3 25
$432.0M
$89.2M
Q2 25
$821.0M
$112.2M
Q1 25
$-283.0M
$-8.0M
Q4 24
$-83.0M
$18.4M
Q3 24
$56.0M
$99.2M
Q2 24
$-407.0M
$75.6M
Q1 24
$-186.0M
$-20.6M
FCF Margin
OPEN
OPEN
SAM
SAM
Q4 25
9.1%
5.7%
Q3 25
47.2%
16.6%
Q2 25
52.4%
19.1%
Q1 25
-24.5%
-1.8%
Q4 24
-7.7%
4.6%
Q3 24
4.1%
16.4%
Q2 24
-26.9%
13.1%
Q1 24
-15.7%
-4.8%
Capex Intensity
OPEN
OPEN
SAM
SAM
Q4 25
0.4%
4.6%
Q3 25
0.3%
2.3%
Q2 25
0.1%
2.4%
Q1 25
0.3%
2.2%
Q4 24
0.3%
5.8%
Q3 24
0.4%
2.8%
Q2 24
0.5%
3.5%
Q1 24
0.7%
3.7%
Cash Conversion
OPEN
OPEN
SAM
SAM
Q4 25
Q3 25
2.21×
Q2 25
2.09×
Q1 25
0.08×
Q4 24
Q3 24
3.46×
Q2 24
1.83×
Q1 24
-0.39×

Financial Flow Comparison

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

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