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The home for public companies and their shareholders.
Understand the companies you own. Follow what matters. Connect with fellow shareholders.
Buying a stock takes seconds. Understanding the business behind it shouldn’t take hours.
SHARES is built to close that gap: the company, the updates worth knowing about, and the people who own it alongside you — in one place.
A company, the way an owner would want to read it.
Every measure below is the company’s own reported figure, with the period it covers and the document it came from. Opendoor is the first company built this way on SHARES.
The reported figure rose from 2,474 to 4,378 since Q1 2026.
What this means
More buying now means more homes available to resell over the next two quarters.
Source: Q2 2026 earnings release (8-K, Exhibit 99.1)
The reported figure rose from 3,420 to 5,459 since Q1 2026.
What this means
The size of the book Opendoor is carrying — neither large nor small is automatically better.
Source: Q2 2026 earnings release (8-K, Exhibit 99.1)
The reported figure rose from 1,921 to 2,339 since Q1 2026.
What this means
Each home sold converts directly into revenue for the quarter.
Source: Q2 2026 earnings release (8-K, Exhibit 99.1)
The reported figure fell from 10% to 9% since Q1 2026.
What this means
Fewer old homes on the market usually means less holding risk and less discounting.
Source: Q2 2026 earnings release (8-K, Exhibit 99.1)
Contribution margin rose from 4.4% to 5.8% since Q1 2026.
What this means
How much Opendoor keeps from each home it sells, after the costs of holding and selling it.
Source: Q2 2026 earnings release (8-K, Exhibit 99.1)
The people, the model and the filed figures — each one written to answer a question rather than to be filed under a title.
The People
Meet the people leading the company and shaping its direction.
- Key peopleStatus: Open
Who runs the company, and what is each of them accountable for?
Behind the Numbers
Understand how the company actually works.
- The Business ModelStatus: Open
What economically happens at each part of one transaction?
- The Product LayerStatus: Open
Where each product fits in the seller-to-buyer process.
- Measure the ModelStatus: Open
Which numbers show whether the core business is working?
The Numbers
The reported figures, as graphs you can read.
- Revenue & MarginsStatus: Open
How much is sold — and what is left after direct costs?
- Operating ExpensesStatus: Open
What does it cost to run the company?
- Cash & Cash FlowStatus: Open
How much cash is available, and where is it moving?
- Balance SheetStatus: Open
What does the company own and owe?
- InventoryStatus: Open
How much capital is tied up in the goods held for sale?
Shareholders gather around the company, not around a ticker symbol. Each reporting quarter opens the conversations the company’s own results earned — the measures that moved most, first.
- Q2 2026
Homes Purchased came in at 4,378 for Q2 2026, +77% vs Q1 2026
Is this a turn in homes purchased, or one quarter of noise?
- Q2 2026
Homes in Inventory came in at 5,459 for Q2 2026, +59.6% vs Q1 2026
What do you read into homes in inventory here?
- Q2 2026
Contribution Margin came in at 5.8% for Q2 2026, +1.4 pp vs Q1 2026
Is this a turn in contribution margin, or one quarter of noise?
These are the discussion prompts SHARES opens from the company’s reported results. Replies live in the app.
Understand. Track. Engage.
Three things an owner needs from a company, and one place that does all three.
Understand
Read a business without being a finance professional.
Each measure is the company's own reported figure, with the period it covers and the document behind it. Nothing is summarised into a score, and nothing is hidden from a reader who wants the detail.
Where a figure comes from
Homes Purchased
- Period
- Q2 2026 — compared with Q1 2026
- Source
- Q2 2026 earnings release (8-K, Exhibit 99.1)
Track
Come back when something changes, not to start over.
Follow a company and it stays with you. Each quarter's results land against the last ones, so the page tells you what moved — and the company's own filings and releases stay one place away.
What changed this period
Homes Purchased
The reported figure rose from 2,474 to 4,378 since Q1 2026.
What the company published
- FilingQ2 2026 earnings release (8-K, Exhibit 99.1)
- FilingQ2 2026 quarterly report (10-Q)
- Earnings releaseQ1 2026 Open House — quarterly results
- FilingQ4 2025 earnings release (8-K, Exhibit 99.1)
- WebcastQ4 2025 results webcast
- FilingAll SEC filings
Engage
Talk to the people who own the same company.
The conversation is organised around the company, not around a ticker in a general forum — and it starts from what the company's own results actually did. The bull and the bear case sit beside each other, and you can see who else owns it.
A conversation the results opened
Homes Purchased came in at 4,378 for Q2 2026, +77% vs Q1 2026
Is this a turn in homes purchased, or one quarter of noise?
Replies live in the app.
Many companies, one SHARES.
Search a company and there is a page for it, built the same way every time. What changes from company to company is how deep it goes.
Every company you look up
A real company page, not a quote box.
- The price, and the news that moved it
- The people you know who own it too
- The bull case and the bear case, side by side, with your vote
- Follow it, and it stays with you
And, company by company
The in-depth company experience.
- The company's own measures, each with its period and its source document
- A catalogue of what to read next — the people, the products, the numbers
- Conversations opened by the results themselves, not by a ticker symbol
OPEN is the first company built this way — and today, the only one. We are adding them one at a time, properly.
“I wish I could…”
SHARES is early, and it is being built with the shareholders who use it. If something here is missing, confusing, or nearly right — finish that sentence and send it to us.
Tell us what you wish you could doThis opens your email app with a draft to sharesportfolio35@gmail.com. We read every message and reply by email.
Built by people who believe shareholders should understand the companies they own.
- Dan Israel
- Maya Even
- Thelet Shevach
Start with a company you already own.
Create an account, add the first company, and it stays with you — what it reports, what is written about it, and the shareholders talking about it.