Offerpad Delays Profitability Target to 2027 as Q3 Revenue Falls 41%
Photo: TokenPost
Offerpad Solutions Inc. pushed its target for a positive Adjusted EBITDA run rate to the end of the second quarter of 2027, as third-quarter revenue dropped 41.2% year over year to $78.069 million. Its previous target was to reach that level by the end of 2026. Revenue for the quarter ended Sept. 30 was down from $132.681 million a year earlier. Offerpad recorded a GAAP net loss of $11.452 million, or $2.30 per diluted share, compared with a loss of $11.604 million, or $3.71 per share, in the third quarter of 2025.
Source: TokenPost
