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Side-by-side financial comparison of Opendoor Technologies Inc. (OPEN) and Solstice Advanced Materials Inc. (SOLS). Click either name above to swap in a different company.

Solstice Advanced Materials Inc. is the larger business by last-quarter revenue ($969.0M vs $736.0M, roughly 1.3× Opendoor Technologies Inc.). Solstice Advanced Materials Inc. runs the higher net margin — -3.6% vs -148.9%, a 145.3% gap on every dollar of revenue. On growth, Solstice Advanced Materials Inc. posted the faster year-over-year revenue change (6.8% vs -32.1%). Opendoor Technologies Inc. produced more free cash flow last quarter ($67.0M vs $41.0M).

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.

Solstice Advanced Materials Inc. is a specialty advanced materials provider that develops, produces and distributes high-performance functional materials for renewable energy systems, consumer electronics, industrial manufacturing and advanced automotive sectors. The company focuses on material solutions that boost product durability, energy efficiency and operational performance for its global clients.

OPEN vs SOLS — Head-to-Head

Bigger by revenue
SOLS
SOLS
1.3× larger
SOLS
$969.0M
$736.0M
OPEN
Growing faster (revenue YoY)
SOLS
SOLS
+38.9% gap
SOLS
6.8%
-32.1%
OPEN
Higher net margin
SOLS
SOLS
145.3% more per $
SOLS
-3.6%
-148.9%
OPEN
More free cash flow
OPEN
OPEN
$26.0M more FCF
OPEN
$67.0M
$41.0M
SOLS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
OPEN
OPEN
SOLS
SOLS
Revenue
$736.0M
$969.0M
Net Profit
$-1.1B
$-35.0M
Gross Margin
7.7%
32.0%
Operating Margin
-20.4%
17.9%
Net Margin
-148.9%
-3.6%
Revenue YoY
-32.1%
6.8%
Net Profit YoY
-869.9%
-123.0%
EPS (diluted)
$-1.42

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
SOLS
SOLS
Q4 25
$736.0M
Q3 25
$915.0M
$969.0M
Q2 25
$1.6B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.4B
$907.0M
Q2 24
$1.5B
Q1 24
$1.2B
Net Profit
OPEN
OPEN
SOLS
SOLS
Q4 25
$-1.1B
Q3 25
$-90.0M
$-35.0M
Q2 25
$-29.0M
Q1 25
$-85.0M
Q4 24
$-113.0M
Q3 24
$-78.0M
$152.0M
Q2 24
$-92.0M
Q1 24
$-109.0M
Gross Margin
OPEN
OPEN
SOLS
SOLS
Q4 25
7.7%
Q3 25
7.2%
32.0%
Q2 25
8.2%
Q1 25
8.6%
Q4 24
7.8%
Q3 24
7.6%
36.6%
Q2 24
8.5%
Q1 24
9.7%
Operating Margin
OPEN
OPEN
SOLS
SOLS
Q4 25
-20.4%
Q3 25
-7.4%
17.9%
Q2 25
-0.8%
Q1 25
-4.9%
Q4 24
-8.7%
Q3 24
-4.9%
21.7%
Q2 24
-4.8%
Q1 24
-7.4%
Net Margin
OPEN
OPEN
SOLS
SOLS
Q4 25
-148.9%
Q3 25
-9.8%
-3.6%
Q2 25
-1.9%
Q1 25
-7.4%
Q4 24
-10.4%
Q3 24
-5.7%
16.8%
Q2 24
-6.1%
Q1 24
-9.2%
EPS (diluted)
OPEN
OPEN
SOLS
SOLS
Q4 25
$-1.42
Q3 25
$-0.12
Q2 25
$-0.04
Q1 25
$-0.12
Q4 24
$-0.16
Q3 24
$-0.11
Q2 24
$-0.13
Q1 24
$-0.16

Balance Sheet & Financial Strength

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

Metric
OPEN
OPEN
SOLS
SOLS
Cash + ST InvestmentsLiquidity on hand
$962.0M
$417.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.0B
$3.2B
Total Assets
$2.4B
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPEN
OPEN
SOLS
SOLS
Q4 25
$962.0M
Q3 25
$962.0M
$417.0M
Q2 25
$789.0M
Q1 25
$559.0M
Q4 24
$679.0M
Q3 24
$837.0M
Q2 24
$809.0M
Q1 24
$990.0M
Stockholders' Equity
OPEN
OPEN
SOLS
SOLS
Q4 25
$1.0B
Q3 25
$811.0M
$3.2B
Q2 25
$631.0M
Q1 25
$645.0M
Q4 24
$713.0M
Q3 24
$801.0M
$3.2B
Q2 24
$845.0M
Q1 24
$899.0M
Total Assets
OPEN
OPEN
SOLS
SOLS
Q4 25
$2.4B
Q3 25
$2.7B
$5.2B
Q2 25
$2.9B
Q1 25
$3.3B
Q4 24
$3.1B
Q3 24
$3.4B
Q2 24
$3.4B
Q1 24
$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
OPEN
OPEN
SOLS
SOLS
Operating Cash FlowLast quarter
$70.0M
$289.0M
Free Cash FlowOCF − Capex
$67.0M
$41.0M
FCF MarginFCF / Revenue
9.1%
4.2%
Capex IntensityCapex / Revenue
0.4%
25.6%
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
SOLS
SOLS
Q4 25
$70.0M
Q3 25
$435.0M
$289.0M
Q2 25
$823.0M
Q1 25
$-279.0M
Q4 24
$-80.0M
Q3 24
$62.0M
Q2 24
$-399.0M
Q1 24
$-178.0M
Free Cash Flow
OPEN
OPEN
SOLS
SOLS
Q4 25
$67.0M
Q3 25
$432.0M
$41.0M
Q2 25
$821.0M
Q1 25
$-283.0M
Q4 24
$-83.0M
Q3 24
$56.0M
Q2 24
$-407.0M
Q1 24
$-186.0M
FCF Margin
OPEN
OPEN
SOLS
SOLS
Q4 25
9.1%
Q3 25
47.2%
4.2%
Q2 25
52.4%
Q1 25
-24.5%
Q4 24
-7.7%
Q3 24
4.1%
Q2 24
-26.9%
Q1 24
-15.7%
Capex Intensity
OPEN
OPEN
SOLS
SOLS
Q4 25
0.4%
Q3 25
0.3%
25.6%
Q2 25
0.1%
Q1 25
0.3%
Q4 24
0.3%
Q3 24
0.4%
Q2 24
0.5%
Q1 24
0.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

OPEN
OPEN

Segment breakdown not available.

SOLS
SOLS

Refrigerants$400.0M41%
Research And Performance Chemicals$126.0M13%
Electronic Materials$103.0M11%
Other$89.0M9%
Services$64.0M7%
Alternative Energy Services$63.0M7%
Safety And Defense Solutions$53.0M5%
Healthcare Packaging$49.0M5%
Affiliated Entity$22.0M2%

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