Offerpad revenue halves to $77.7M, but net loss narrows 14.8% to -$9.3M

Filed August 3, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 4, 2025 · ~1 min read

Key Changes

• high

  Revenue fell 51.6% to $77.7M as homes sold dropped 54.3%, reflecting intentional inventory reduction.

  MD&A: Revenue verify on EDGAR →
• high

  Net loss narrowed 14.8% to $9.3M, the sixth straight quarter of year-over-year improvement.

  MD&A: Net loss verify on EDGAR →
• high

  Executed a 1-for-10 reverse stock split in June 2026 to regain NYSE listing compliance.

  Notes: Reverse split verify on EDGAR →