Better Home & Finance Holding Co
Better Home & Finance Holding Co
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Discontinued Operations Heldforsale | - | 6 | - | - | - | - | - | - | - | - | - | - | |||||
Segment Discontinued Operations | - | 835 | - | - | - | - | - | - | - | - | - | - | |||||
Cash And Cash Equivalents At Carrying Value | 102 | 64 | 100 | 74 | 75 | 95 | 211 | 208 | 321 | 425 | 504 | 527 | |||||
Restricted Cash | 10 | 9 | 17 | 13 | 6 | 22 | 24 | 29 | 26 | 26 | 24 | 28 | |||||
Short Term Investments | - | - | 104 | 132 | 134 | 117 | 54 | 54 | 58 | 58 | 26 | 30 | |||||
Mortgages Held For Sale Fair Value Disclosure | 511 | 563 | 467 | 414 | 448 | 413 | 399 | 339 | 349 | 166 | 170 | 160 | |||||
Financing Receivable Excluding Accrued Interest Af… | - | - | 723 | 623 | 421 | 207 | 111 | 81 | 31 | - | 5 | - | |||||
Other Receivables | 18 | 16 | 15 | 33 | 31 | 29 | 18 | 17 | 20 | 11 | 17 | 10 | |||||
Assets Of Disposal Group Including Discontinued Op… | - | - | 9 | 8 | 9 | 11 | 10 | - | - | - | 0 | - | |||||
Property Plant And Equipment And Finance Lease Rig… | - | 2 | 2 | 2 | 2 | 2 | 3 | 13 | 16 | 16 | 16 | 18 | |||||
Operating Lease Right Of Use Asset | 5 | 4 | 5 | 5 | 5 | 6 | 1 | 3 | 18 | 19 | 20 | 24 | |||||
Intangible Assets Net Excluding Goodwill | 17 | 18 | 22 | 22 | 21 | 20 | 21 | 25 | 26 | 31 | 38 | 48 | |||||
Goodwill | 11 | 11 | 11 | 25 | 11 | 11 | 24 | 33 | 32 | 32 | 32 | 31 | |||||
Derivative Assets | 4 | 6 | 4 | 5 | 5 | 4 | 3 | 4 | 5 | 2 | 2 | 4 | |||||
Embedded Derivative Fair Value Of Embedded Derivat… | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Prepaid Expense And Other Assets | 32 | 33 | 28 | 30 | 33 | 36 | 34 | 37 | 55 | 56 | 51 | 56 | |||||
Assets | 1,542 | 1,569 | 1,505 | 1,384 | 1,232 | 1,005 | 913 | 845 | 958 | 842 | 906 | 937 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities | |||||||||||||||||
Warehouse Agreement Borrowings | 454 | 508 | 412 | 350 | 371 | 236 | 244 | 134 | 247 | 126 | 126 | 74 | |||||
Convertible Notes Payable | - | - | 0 | 0 | 0 | 521 | 520 | 518 | 516 | 515 | 515 | 513 | |||||
Senior Notes | 199 | 199 | 199 | 199 | 200 | - | 0 | - | - | - | - | - | |||||
Contract With Customer Liability Current | - | - | 763 | 695 | 482 | 261 | 134 | 98 | 37 | 12 | 12 | 10 | |||||
Line Of Credit | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | 5 | 5 | 7 | 6 | 6 | - | - | - | 0 | - | |||||
Bridge Loan | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Accounts Payable And Accrued Liabilities Current A… | 50 | 60 | 75 | 74 | 64 | 59 | 48 | 69 | 62 | 56 | 67 | 103 | |||||
Derivative Liabilities | - | - | - | - | - | - | - | 0 | 0 | 1 | 1 | 2 | |||||
Operating Lease Liability | 5 | 4 | 5 | 5 | 6 | 7 | 4 | 5 | 27 | 29 | 31 | 33 | |||||
Warrants And Rights Outstanding | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Other Liabilities | 6 | 6 | 7 | 7 | 20 | 15 | 13 | 15 | 17 | 22 | 26 | 40 | |||||
Liabilities | 1,484 | 1,560 | 1,468 | 1,342 | 1,155 | 1,107 | 971 | 845 | 913 | 765 | 783 | 780 | |||||
Stockholders Equity | |||||||||||||||||
Temporary Equity Shares Authorized | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Temporary Equity Shares Issued | - | - | - | - | - | - | - | - | - | - | 0 | - | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Stockholders Equity Note Subscriptions Receivable | - | - | 0 | -9 | -9 | -9 | -9 | -9 | -9 | -11 | -10 | -10 | |||||
Temporary Equity Carrying Amount Attributable To P… | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Additional Paid In Capital | 2,233 | 2,153 | 2,110 | 2,084 | 2,077 | 1,868 | 1,863 | 1,858 | 1,852 | 1,845 | 1,838 | 1,827 | |||||
Retained Earnings Accumulated Deficit | -2,177 | -2,147 | -2,076 | -2,036 | -1,997 | -1,961 | -1,910 | -1,851 | -1,797 | -1,756 | -1,704 | -1,657 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 2 | 2 | 4 | 4 | 6 | 0 | -2 | 3 | -1 | -2 | -2 | -2 | |||||
Stockholders Equity | 58 | 9 | 37 | 42 | 77 | -102 | -58 | 0 | 45 | 76 | 123 | 166 | |||||
Liabilities And Stockholders Equity | 1,542 | 1,569 | 1,505 | 1,384 | 1,232 | 1,005 | 913 | 845 | 958 | 842 | 906 | 937 | |||||
Related Party | - | 0 | 0 | 0 | 0 | 0 | 0 | - | -0 | 0 | 0 | 0 | |||||
Financing Receivable Allowance For Credit Loss Exc… | - | - | 2 | 2 | 3 | 3 | 2 | - | 0 | - | 0 | - | |||||
Temporary Equity Par Or Stated Value Per Share | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | 0 | 0 | |||||
Temporary Equity Shares Outstanding | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Common Stock Shares Authorized | 66 | 66 | 66 | 66 | 66 | 66 | 66 | - | 3,300 | 3,300 | 66 | 3,300 | |||||
Common Stock Shares Issued | 19 | 17 | 16 | 15 | 15 | 15 | 15 | - | 15 | 15 | 15 | 15 | |||||
Shares Outstanding | 19 | 17 | 16 | 15 | 15 | 15 | 15 | - | 15 | 15 | 15 | 15 | |||||
Stockholders Equity Note Stock Split Conversion Ra… | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -17.49% | -7.89% | -31.47% | - | - | - | - | - | - | - | - | - |
| 2025 | -14.74% | -1.64% | -0.37% | 35.58% | 240.50% | 314.08% | -20.85% | -39.49% | -47.20% | 9.17% | 28.82% | -15.33% |
| 2024 | -13.92% | 17.22% | 16.46% | -12.70% | -17.38% | -23.14% | -6.54% | -27.63% | -25.20% | -12.66% | 18.44% | -2.93% |
| 2023 | - | - | - | - | - | - | 0.23% | 57.01% | 45.56% | -16.02% | -28.57% | -0.65% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | -12.97 | -12.80 | -10.52 | -13.51 | -14.77 | -13.16 | -12.06 | -19.97 | -24.06 | -31.12 | -24.85 | -42.11 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -9.65 | -11.31 | -10.80 | -12.13 | -13.19 | -13.54 | -13.65 | -13.09 | -32.97 | -33.18 | -58.09 | -137.38 | |||||
| Free Cash Flow Per Share TTM | -4.75 | -14.38 | -10.92 | -10.43 | -11.50 | -26.21 | -25.37 | -23.63 | -18.76 | -2.70 | -17.35 | 85.72 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 755.79% | 601.43% | 479.18% | 315.26% | 262.35% | 253.98% | 266.73% | -349.23% | -517.05% | -412.19% | -340.74% | -162.04% | |||||
| Operating Profit Margin TTM | -2,502.43% | -1,944.12% | -1,467.55% | -1,290.03% | -1,371.33% | -1,457.02% | -1,594.04% | -3,055.36% | -3,128.04% | -2,437.38% | -1,808.16% | -911.85% | |||||
| Net Profit Margin TTM | -2,648.26% | -2,111.55% | -1,468.02% | -1,357.89% | -1,437.62% | -1,496.65% | -1,600.64% | -1,765.50% | -4,095.17% | -3,578.10% | -3,329.94% | -1,313.69% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -51.22% | -35.93% | -12.33% | 21.62% | 14.63% | -1.87% | -20.00% | -89.20% | -89.05% | -86.84% | -84.10% | 836.79% | |||||
| Net Income Growth (1Y) | -10.14% | -9.61% | -19.59% | -6.46% | -59.76% | -58.95% | -61.54% | -85.49% | -50.80% | -48.19% | -38.84% | -32,696.89% | |||||
| EPS Growth (1Y) | -26.84% | -16.46% | -20.88% | -7.33% | -60.00% | -59.19% | -76.50% | -90.47% | -80.56% | -79.56% | -61.41% | -1,695.15% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -2.85 | -3.15 | -3.02 | -4.63 | -0.94 | -0.81 | -0.65 | -1.36 | -0.70 | -0.75 | -0.70 | -0.17 | |||||
| P/B TTM | 8.86 | 68.34 | 13.46 | 20.44 | 2.46 | -1.62 | -2.32 | 694.13 | 7.71 | 4.91 | 3.08 | 1.43 | |||||
| P/S TTM | 75.49 | 66.49 | 44.29 | 62.84 | 13.51 | 12.07 | 10.46 | 24.02 | 28.51 | 26.80 | 23.42 | 2.29 | |||||
| Market Cap | 512.98M | 584.53M | 500.38M | 856.88M | 188.17M | 165.54M | 134.80M | 269.32M | 346.45M | 374.73M | 377.20M | 237.86M | |||||
| Enterprise Value | 599.90M | 709.65M | 582.56M | 981.79M | 313.33M | 48.79M | -100.72M | 32.24M | -947.80K | -75.87M | -150.87M | -316.71M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -88.56M | -235.93M | -167.77M | -159.26M | -174.65M | -397.47M | -383.36M | -357.29M | -283.19M | -40.65M | -160.18M | 851.35M | |||||
| Net Debt | 86.92M | 125.13M | 82.19M | 124.91M | 125.16M | -116.75M | -235.52M | -237.08M | -347.40M | -450.60M | -528.07M | -554.57M | |||||
Per-Share and Margin | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
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Growth Rates | |||||||||||||||||
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Credit, Liquidity, Returns, Payout | |||||||||||||||||
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Valuation Ratios | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Better Home & Finance Holding Co (BETR) — SEC Financial Statements & Analysis
Better Home & Finance Holding Co (BETR) is a loan brokers company. Better Home & Finance Holding Co trades on Nasdaq as: BETR, BETRW. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Better Home & Finance Holding Co reported a -51.22% year-over-year revenue growth, a Gross Profit Margin of 755.79% (TTM), a Price-to-Sales (P/S) ratio of 75.49x (TTM), a Price-to-Book (P/B) ratio of 8.86x (TTM), at a market cap of $512.98M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -51.22%
- Gross Profit Margin TTM
- 755.79%
- P/S TTM
- 75.49x
- P/B TTM
- 8.86x
- Market Cap
- $512.98M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Better Home & Finance Holding Co in?
Better Home & Finance Holding Co (BETR) operates in the Loan Brokers industry.
What is BETR's market cap?
Better Home & Finance Holding Co (BETR) has a market capitalization of $512.98M as of 2026-06-30.
What exchange does BETR trade on?
Better Home & Finance Holding Co (BETR) trades on the Nasdaq.