How many subsidiaries does Offerpad Solutions Inc. file with the SEC?

23, listed in its most recent exhibit 21. They are incorporated across 6 jurisdictions, led by Delaware, Arizona, Florida. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is Offerpad Solutions Inc. financially healthy?

Offerpad Solutions Inc. scores 4 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of Offerpad Solutions Inc.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), GEODE CAPITAL MANAGEMENT, LLC (trimming), CITADEL ADVISORS LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

Offerpad Solutions Inc. (OPAD)

Nasdaq · Real Estate Agents & Managers (For Others)

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

23 entities across 6 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-02-24 — see the exhibit.

Which other public companies file entities in the same places:

Delaware15 Arizona4 Florida1 Georgia1 Texas1 California1

Subsidiaries of Offerpad Solutions Inc. as disclosed in its SEC filing
Entity	Jurisdiction	Note
Offerpad Holdings LLC	Delaware
OfferPad, LLC	Arizona
OfferPad (SPVBorrower), LLC	Delaware
OfferPad (SPVBorrower1), LLC	Delaware
OP SPE PHX1, LLC	Delaware
OP SPE TPA1, LLC	Delaware
OP SPE BORROWER PARENT, LLC	Delaware
OP SPE HOLDCO, LLC	Delaware
OfferPad Mortgage, LLC	Arizona
OfferPad Brokerage, LLC	Arizona
OfferPad Brokerage “FL,” LLC	Florida
OP Contracting AZ, LLC	Arizona
OP Contracting GA, LLC	Georgia
OP Contracting TX, LLC	Texas
OfferPad Brokerage CA, Inc.	California
Offerpad SPV Borrower G, LLC	Delaware
Offerpad SPE Borrower A Holdings, LLC	Delaware
Offerpad SPE Borrower A, LLC	Delaware
OP Gold Holdings, LLC	Delaware
OP Gold, LLC	Delaware
Offerpad Point LLC	Delaware
Offerpad Summit Holdings, LLC	Delaware
OP SPE Summit, LLC	Delaware

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

4 / 8

FAILReturn on assets positiveROA -30.0%
PASSOperating cash flow positiveOCF 67M
FAILReturn on assets improving-19.9% → -30.0%
PASSCash flow exceeds earningsOCF 67M vs NI -46M
FAILLong-term debt ratio fallingno debt reported
PASSCurrent ratio improving1.17 → 1.48
FAILNo share dilution27M → 31M shares
FAILGross margin improving7.9% → 7.4%
PASSAsset turnover improving2.94× → 3.67×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$1.1B	−$23.1M	$152.0M	8.2%	57,865,000
FY2021	$2.1B	$6.5M	−$935.6M	10.0%	143,220,000
FY2022	$4.0B	−$148.6M	$304.3M	4.6%	245,148,000
FY2023	$1.3B	−$117.2M	$261.5M	5.3%	26,385,000
FY2024	$918.8M	−$62.2M	$15.4M	7.9%	27,410,000
FY2025	$567.8M	−$46.4M	$65.7M	7.4%	30,987,000

Ownership flow

5 institutions tracked — 0 added, 5 reduced, 2 sold out.

Institutional holders of Offerpad Solutions Inc. and their share-count change
Manager	Kind	Shares	Change	Value
BlackRock, Inc.	Index	53,657	−585,188	$265,066
GEODE CAPITAL MANAGEMENT, LLC	Index	31,630	−323,562	$156,263
CITADEL ADVISORS LLC	Hedge fund	17,280	−295,179	$85,363
MORGAN STANLEY	Active fund	17,123	−134,074	$84,588
JPMORGAN CHASE & CO	Active fund	38	−279	$175

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Identity

CIK: 0001825024
SIC: 6531 · Real Estate Agents & Managers (For Others)
Headquarters: TEMPE, AZ

Ownership

Institutional: 43.1%
Institutions: 29
Insiders: 14.9%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other real estate agents & managers (for others) companies

Offerpad Solutions Inc. files under SIC 6531 — all 6 real estate agents & managers (for others) companies compared on assets and F-score.

JONES LANG LASALLE INCJLL NEWMARK GROUP, INC.NMRK Compass, Inc.COMP Marcus & Millichap, Inc.MMI RE/MAX Holdings, Inc.RMAX

Dealer positioning — end of day

Where dealer gamma sat in OPAD’s option chain after the close on 2026-09-01, aggregated from the full chain. This is a once-a-day snapshot, not a live read — 14 contracts.

Net gamma (per 1% move): $3,207.89
Gamma flip: 5
Call wall: 5
Put wall: 2.50
Spot at capture: 4.40

Computed from the listed option chain by my own aggregation, once, after the close — it describes where positioning sat that evening and does not update through the next session. The version that rebuilds per strike while the market is open is the intraday gamma product. Not investment advice.

Questions about Offerpad Solutions Inc.

How many subsidiaries does Offerpad Solutions Inc. file with the SEC?: 23, listed in its most recent exhibit 21. They are incorporated across 6 jurisdictions, led by Delaware, Arizona, Florida. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is Offerpad Solutions Inc. financially healthy?: Offerpad Solutions Inc. scores 4 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of Offerpad Solutions Inc.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), GEODE CAPITAL MANAGEMENT, LLC (trimming), CITADEL ADVISORS LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.