For the twelve months ended Sep 30, 2026, Better Home & Finance Holding Company reported $196.63M of revenue and -$177.37M of net income.
BETR revenue was $45.12M in fiscal Q3 2026 (ended Sep 30, 2026), up 8.6% from a year earlier and down 17.5% from the prior quarter. For the full fiscal 2025 it was $164.87M, up 52.0% from fiscal 2024. It rose in 2 of the last 3 fiscal years.
BETR net income was -$36.55M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$39.13M a year earlier. For the full fiscal 2025 it was -$165.87M, compared with -$206.29M in fiscal 2024.
BETR diluted EPS was -$1.93 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$2.56 a year earlier. For the full fiscal 2025 it was -$10.80, compared with -$13.65 in fiscal 2024.
BETR free cash flow was $88.56M in fiscal Q3 2026 (ended Sep 30, 2026), up about 24-fold from a year earlier and up 278.9% from the prior quarter. For the full fiscal 2025 it was -$167.77M, compared with -$383.36M in fiscal 2024.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $164.87M | $108.49M | $72.34M | $378.02M | - |
| Research and development | $27.87M | $26.11M | $39.43M | $124.31M | - |
| Selling, general and admin | $45.32M | $52.23M | $60.15M | $185.88M | - |
| Operating income | - | - | -$291.28M | -$858.92M | -$8.12M |
| Interest expense | - | - | $11.68M | $17.06M | - |
| Pre-tax income | -$165.82M | -$205.44M | -$534.42M | -$875.98M | - |
| Income tax | $53.0K | $850.0K | $2.00M | $1.10M | - |
| Net income | -$165.87M | -$206.29M | -$536.42M | -$877.08M | -$6.53M |
| EPS, basic | -$10.80 | -$13.65 | -$58.09 | -$150.50 | - |
| EPS, diluted | -$10.80 | -$13.65 | -$58.09 | -$150.50 | - |
| Diluted shares | 15.4M | 15.1M | 9.2M | 5.8M | - |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $79.36M | $218.04M | $528.07M | $346.06M | $978.87M |
| Short-term investments | $103.61M | $53.77M | $25.60M | $0 | - |
| Receivables | - | - | - | - | $503.0K |
| Inventory | - | - | $0 | $1.14M | - |
| Current assets | - | - | - | $419.2K | $1.07M |
| Goodwill | $10.99M | $23.61M | $32.39M | $17.39M | $18.67M |
| Total assets | $1.51B | $913.06M | $905.55M | $1.08B | $279.09M |
| Current liabilities | - | - | - | $15.02M | $7.09M |
| Total liabilities | $1.47B | $971.23M | $782.95M | $1.25B | $28.94M |
| Shareholders' equity | $37.18M | -$58.17M | $122.60M | -$604.18M | $242.57M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating cash flow | -$166.57M | -$379.97M | -$159.72M | $938.25M | -$3.24M |
| Capital expenditures | $1.19M | $3.39M | $456.0K | $11.73M | - |
| Free cash flow | -$167.77M | -$383.36M | -$160.18M | $926.52M | - |
| Investing cash flow | -$661.51M | -$143.81M | -$38.59M | -$34.58M | -$278.00M |
| Financing cash flow | $714.34M | $239.13M | $381.40M | -$1.54B | $281.28M |
| Share repurchases | - | - | $0 | $7.95M | - |
| Stock-based compensation | $20.43M | $26.75M | $54.16M | $30.54M | - |
| Depreciation and amortization | $1.00M | $7.10M | $5.80M | $13.70M | - |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue growth, YoY | 52.0% | 50.0% | -80.9% | - | - |
| Operating margin | - | - | -402.6% | -227.2% | - |
| Net margin | -100.6% | -190.2% | -741.5% | -232.0% | - |
| Free cash flow margin | -101.8% | -353.4% | -221.4% | 245.1% | - |
| Return on equity | -446.1% | - | -437.5% | - | -2.7% |
| Return on assets | -11.0% | -22.6% | -59.2% | -81.0% | -2.3% |
| Current ratio | - | - | - | 0.03 | 0.15 |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $45.12M | $54.70M | $47.50M | $49.31M | $41.55M | $42.69M | $31.33M | $24.98M | $28.99M | $32.26M | $22.25M | $17.71M |
| Research and development | $7.23M | $8.77M | $8.36M | $8.64M | $6.18M | $6.41M | $6.65M | $6.82M | $7.25M | $6.58M | $5.46M | $7.47M |
| Selling, general and admin | $21.01M | $10.33M | $8.95M | $14.94M | $9.11M | $10.50M | $10.78M | $10.42M | $12.61M | $15.15M | $14.05M | $16.45M |
| Operating income | - | - | - | - | - | - | - | - | - | - | - | -$56.62M |
| Interest expense | - | - | - | - | - | - | - | - | - | - | $4.85M | $2.14M |
| Pre-tax income | -$35.62M | -$31.40M | -$50.92M | -$50.98M | -$36.74M | -$32.27M | -$45.83M | -$58.84M | -$54.08M | -$41.16M | -$51.35M | -$51.44M |
| Income tax | $195.0K | $63.0K | -$1.57M | -$331.0K | $145.0K | $94.0K | $145.0K | $378.0K | $126.0K | $203.0K | $143.0K | -$541.0K |
| Net income | -$36.55M | -$30.59M | -$70.31M | -$39.92M | -$39.13M | -$36.27M | -$50.56M | -$59.22M | -$54.21M | -$41.37M | -$51.49M | -$50.90M |
| EPS, basic | -$1.93 | -$1.64 | -$4.29 | -$2.52 | -$2.56 | -$2.39 | -$3.33 | -$3.92 | -$3.58 | -$2.74 | -$3.41 | - |
| EPS, diluted | -$1.93 | -$1.64 | -$4.29 | -$2.52 | -$2.56 | -$2.39 | -$3.33 | -$3.92 | -$3.58 | -$2.74 | -$3.41 | - |
| Diluted shares | 19.0M | 18.7M | 16.4M | - | 15.3M | 15.2M | 15.2M | - | 15.1M | 15.1M | 15.1M | - |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $77.49M | $102.25M | $64.27M | $79.36M | $61.44M | $75.25M | $95.11M | $218.04M | $207.67M | $320.94M | $424.53M | $528.07M |
| Short-term investments | - | - | - | $103.61M | $131.90M | $134.39M | $117.41M | $53.77M | $54.41M | $57.84M | $58.09M | $25.60M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | $0 |
| Goodwill | $10.99M | $10.99M | $10.99M | $10.99M | $10.99M | $10.99M | $10.99M | $23.61M | $33.40M | $32.24M | $32.21M | $32.39M |
| Total assets | $1.41B | $1.54B | $1.57B | $1.51B | $1.38B | $1.23B | $1.00B | $913.06M | $845.16M | $957.88M | $841.59M | $905.55M |
| Total liabilities | $1.39B | $1.48B | $1.56B | $1.47B | $1.34B | $1.16B | $1.11B | $971.23M | $844.77M | $912.98M | $765.30M | $782.95M |
| Shareholders' equity | $24.25M | $57.90M | $8.55M | $37.18M | $41.91M | $76.56M | -$102.14M | -$58.17M | $388.0K | $44.91M | $76.29M | $122.60M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $89.26M | $23.47M | -$125.18M | -$57.27M | $3.88M | -$56.00M | -$57.19M | -$106.03M | -$10.56M | -$220.58M | -$42.81M | -$80.30M |
| Capital expenditures | $694.0K | $92.0K | $378.0K | $344.0K | $240.0K | $407.0K | $202.0K | $471.0K | $1.19M | $1.26M | $473.0K | $124.0K |
| Free cash flow | $88.56M | $23.37M | -$125.55M | -$57.61M | $3.64M | -$56.41M | -$57.39M | -$106.50M | -$11.75M | -$221.84M | -$43.28M | -$80.43M |
| Investing cash flow | $2.71M | $20.80M | -$11.59M | -$71.98M | -$207.56M | -$223.12M | -$158.84M | -$31.98M | -$48.85M | -$29.59M | -$33.39M | $3.47M |
| Financing cash flow | -$116.65M | $3.68M | $105.24M | $158.96M | $190.02M | $246.53M | $118.82M | $146.02M | -$51.72M | $145.97M | -$1.15M | $50.47M |
| Share repurchases | - | - | - | - | - | - | - | - | - | $0 | $0 | $0 |
| Stock-based compensation | $2.68M | $14.59M | $23.80M | $7.88M | $4.27M | $4.25M | $4.03M | $4.94M | $5.49M | $7.57M | $8.76M | $6.28M |
| Depreciation and amortization | $2.86M | $2.97M | $3.00M | -$9.19M | $3.13M | $3.29M | $3.77M | -$18.22M | $8.26M | $7.99M | $9.07M | -$26.99M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 8.6% | 28.2% | 51.6% | 97.4% | 43.3% | 32.3% | 40.8% | 41.0% | 490.9% | 3.8% | 19.5% | 1024.6% |
| Operating margin | - | - | - | - | - | - | - | - | - | - | - | -319.7% |
| Net margin | -81.0% | -55.9% | -148.0% | -81.0% | -94.2% | -85.0% | -161.4% | -237.1% | -187.0% | -128.2% | -231.4% | -287.4% |
| Free cash flow margin | 196.3% | 42.7% | -264.3% | -116.8% | 8.8% | -132.1% | -183.2% | -426.3% | -40.5% | -687.6% | -194.5% | -454.1% |
Source: XBRL data Better Home & Finance Holding Company files with the SEC, latest filing dated Nov 9, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-50, first reported Nov 14, 2024.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| BETR | $196.63M | +39.9% | -$177.37M | -90.2% | $382.8M |
| AXP | $77.59B | +10.2% | $12.26B | 15.8% | $217.47B |
| SPGI | $17.21B | +18.2% | $4.99B | 29.0% | $136.57B |
| MCO | $8.18B | +9.0% | $2.88B | 35.3% | $88.11B |
| NU | $15.77B | +37.0% | $2.87B | 18.2% | $60.02B |
| RKT | $11.46B | +90.4% | $1.30B | 11.4% | $43.11B |
| COIN | $5.63B | -26.6% | -$701.62M | -12.5% | $36.03B |
| AFRM | $4.59B | +32.7% | $2.01B | 43.9% | $23.06B |
| SYF | $19.31B | +2.6% | $3.33B | 17.3% | $22.80B |