open: the income statement

MyFinsight

For the quarter ending 2025-09-30, OPEN made $915M in revenue. -$90M in net income. Net profit margin of -9.84%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Revenue	915	1,567	1,153	1,377
Cost of revenue	849	1,439	1,054	1,272
Gross profit	66	128	99	105
Sales, marketing and operations	66	86	98	96
General and administrative	48	28	33	46
Technology and development	19	21	21	30
Restructuring	1	6	3	0
Total operating expenses	134	141	155	172
Loss from operations	-68	-13	-56	-67
(loss) gain on extinguishment of debt	-1	10	-	0
Interest expense	34	36	33	34
Other incomenet	14	10	4	23
Loss before income taxes	-89	-29	-85	-78
Income tax expense	1	0	0	0
Net loss	-90	-29	-85	-78

Basic (in dollars per share)	-0.12	-0.04	-0.12	-0.11
Basic (in shares)	741,939,000	729,484,000	723,542,000	705,359,000
Diluted (in dollars per share)	-0.12	-0.04	-0.12	-0.11
Diluted (in shares)	741,939,000	729,484,000	723,542,000	705,359,000

Unit: Million (M) dollars (except for numbers of shares and EPS)

open: the income statement