Offerpad Solutions reported second-quarter 2026 results with contribution profit after interest reaching $13,500 per real estate transaction, a 145% sequential increase and 36% year-over-year rise. Total revenue was $77.7 million on 295 transactions, while gross margin improved to 9.2%, its highest since the third quarter of 2023. The company posted a net loss of $9.3 million and an adjusted EBITDA loss of $6.2 million, marking the second consecutive quarter of sequential improvement toward positive territory. Unrestricted cash grew 46% year-over-year to $33.1 million, and total liquidity exceeded $55 million. Management guided for 350 to 400 transactions and $90 million to $100 million in revenue for the third quarter, and reiterated a target to exit 2026 at a quarterly run rate of approximately 1,000 transactions with positive adjusted EBITDA.
Offerpad Solutions Inc. Class A Common StockQ2 results show improved contribution profit, gross margin, and liquidity, with guidance for continued growth.
