Offerpad Solutions Inc.
OPAD-WT
New York Stock Exchange0.01
USD
+0.00
- -
CIK
0001825024
Return %
Stock
S&P500
1Y
-67.64
26.57
3Y
-91.91
76.60
5Y
-91.91
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- CIK
- 0001825024
- Similar Companies
- Business
- Offerpad Solutions Inc. (NYSE:OPAD-WT) operates as a technology-enabled platform providing residential real estate solutions in the United States, including cash offers for homes via its website and mobile application; renovation services through Offerpad Renovate for acquired properties and third-party clients; Direct+ institutional buyer program connecting investors and single-family rental companies with sellers; agent partnership program, now enhanced as HomePro, enabling agents to secure cash offers, list properties, and access hybrid cash-plus-upside options with automated assessments and streamlined workflows; homebuilder services; and ancillary offerings such as energy efficiency solutions, smart home technology, insurance, home warranties, mortgage origination, title, and escrow services. The company, founded in 2015 and headquartered in Tempe, Arizona, targets homeowners, real estate agents, institutional investors, and homebuilders across select U.S. markets, leveraging proprietary data analytics and algorithms for pricing, acquisitions, and resale. Recent developments include a July 2025 capital raise of approximately $6 million through a registered direct offering and concurrent private placement of common stock and warrants to support working capital; expansion of the HomePro program to all markets with operational enhancements for agent productivity in Q2-Q3 2025; record Renovate revenue of $8.5 million in Q3 2025 from 209 projects; a strategic partnership with Auction.com designating Offerpad Renovate as a preferred renovation provider; and a May 2024 nationwide collaboration with RESAAS Services Inc. to extend cash offers to agents, contributing to asset-light services now comprising over 30% of contribution margins amid disciplined inventory management and cost reductions.