Offerpad Q4 revenue misses estimates

Offerpad Solutions

23/02/2026 21:21

Overview

Real estate solutions firm's Q4 revenue missed analyst expectations

Company sold 312 homes in Q4, down 38% yr/yr

Outlook

Offerpad expects Q1 2026 revenue between $70 mln and $95 mln

Company anticipates 250-300 real estate transactions in Q1 2026

Offerpad aims for EBITDA positive before end of 2026

Result Drivers

FOUR-SOLUTION PLATFORM - Offerpad's Q4 results were driven by its integrated platform including Cash Offer, Cash Offer Marketplace, Brokerage Services, and Renovate, allowing capital allocation transaction-by-transaction to maximize returns

RENOVATE BUSINESS - Renovate, a fee-based B2B services business, produced $27 million in revenue in 2025, up approximately 50% year over year, contributing to overall results

Company press release: ID:nBw4vHyCXa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$114.1 mln
$116.47 mln (3 Analysts)
Q4 Net Income
-$8.8 mln
Q4 Adjusted EBITDA
Miss
-$6.9 mln
-$4.43 mln (3 Analysts)
Q4 Gross Profit
$8 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the real estate services peer group is "buy."

Wall Street's median 12-month price target for Offerpad Solutions Inc is $1.75, about 113.4% above its February 20 closing price of $0.82

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)