Offerpad forecasts Q4 revenue of $100 million-$120 million
OPAD•Offerpad forecasts fourth-quarter 2026 revenue of $100 million to $120 million and 400 to 475 real estate transactions. It expects a positive adjusted EBITDA run rate by the end of the second quarter of 2027.
1. Fourth-quarter outlook
Offerpad forecasts fourth-quarter 2026 revenue of $100 million to $120 million, with 400 to 475 real estate transactions. Adjusted EBITDA is expected to improve sequentially, and the company expects a positive adjusted EBITDA run rate by the end of the second quarter of 2027.
2. Profitability assumptions
The forecast rests on sales of third-quarter inventory, higher-return purchases and phased cost savings. In the third quarter of 2026, revenue was $78.1 million and the adjusted EBITDA loss was $7.5 million, as rising mortgage rates slowed resale demand.
