Better Home & Finance Holding Company

Better Home & Finance Holding Company

BETR
Better Home & Finance Holding CompanyUS flagNASDAQ Global Market
14.48
USD
+1.28
- -
226.81MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
88.91
26.78
11.06
7.94
13.47
10.51
Basic EPS, GAAP
-20.41
-59.46
-58.09
-13.65
-10.8
-9.01
Free Cash Flow per Basic Share
23.42
62.81
-17.35
-25.37
-10.92
-10.81
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
16.28
-40.96
8.15
-3.83
2.32
- -
Tangible Book Value per Share
10.02
-46.34
3.46
-6.77
0.26
- -
Basic Weighted Avg Shares
15
15
9
15
15
17
Sales/Revenue/Turnover
1,312
395
102
120
207
174
Operating Margin (%)
-11.64
-150.7
-275.05
-156.61
-72.25
-66.76
Depreciation Expense
27
49
43
33
14
10
Net Income, GAAP
-301
-877
-536
-206
-166
-149
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-22.96
-222
-525.32
-171.83
-80.17
-85.69
Working Capital
1,223
429
589
426
207
- -
LT Debt
700
952
546
524
203
- -
Total Equity
676
-168
123
-58
37
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
-390.18

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
412
508
- -
LT Borrowings
199
199
- -
LT Finance Leases
5
4
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
17
17
Market Capitalization
521
595
459

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,462
1,527
- -
Cash, Cash Equivalents & STI
203
64
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1,254
1,347
- -
Payables & Accruals
75
61
- -
ST Debt
412
508
- -
Deferred Revenue
763
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-163.92%
Free Cash Flow
- -
- -
-56.24%
Net Income, GAAP
- -
- -
-19.59%
Sales/Revenue/Turnover
- -
- -
72.34%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18
28
27
47
120
2025
33
51
54
67
207
2026
54
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-3.41
-2.74
-3.58
- -
-13.65
2025
-3.33
-2.37
-2.56
-2.5
-10.8
2026
-4.28
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Daniel Seth Lewis
Full Time Employees
1,329
Sector
Financial Services
Industry
Financial - Mortgages
Address
3 World Trade Center New York City NY United States of America 10007
IPO Date
Apr 30, 2021
Website
better.com
Business
Better Home & Finance Holding Company (NASDAQ: BETR) operates as an AI-native homeownership company, providing mortgage lending, real estate agent services, title insurance and settlement services, and homeowners insurance through its proprietary Tinman platform and AI assistant Betsy. The company offers GSE-conforming mortgage loans, FHA-insured loans, VA-guaranteed loans, jumbo loans, One-Day Mortgage for rapid underwriting commitments, AI-driven HELOC underwriting for small business and self-employed borrowers using bank statements, and Better HELOC products enabling access to up to 90% of home equity in as little as seven days; it also delivers non-mortgage offerings including Better Real Estate, Better Settlement Services, and Better Cover insurance. Founded in 2016 and headquartered in New York, New York, Better Home & Finance Holding Company serves customers across all 50 U.S. states and the United Kingdom, targeting individual homebuyers, GSEs, banks, insurance companies, asset managers, and mortgage REITs with a focus on digital-first processes to fund over $100 billion in loan volume. The company, formerly Better Mortgage Corporation, changed its name to Better Home & Finance Holding Company in August 2023 to reflect its expanded home finance ecosystem. In 2025, it onboarded two new strategic partnerships in the third quarter with a third added in October, anticipates $500 million monthly funded loan volume run rate in the fourth quarter driven by these alliances, launched AI-driven HELOC underwriting and expanded Betsy for autonomous pre-approval and rate locking, and won Fintech Breakthrough and Banking Tech Awards for Digital Mortgage Innovation.

Company News

  • Securities Fraud Investigation Into Better Home & Finance Holding Company (BETR) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

  • Securities Fraud Investigation Into Better Home & Finance Holding Company (BETR) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

  • Better Home & Finance Responds to Former CEO Vishal Garg's Latest Unrealistic and Grandiose “Plan” That Lacks Operational Foundation

  • Better Home & Finance Publishes Presentation Detailing Why Shareholders Should Support Leadership Change and Reject Vishal Garg's Campaign to Seize Control of the Company

  • Independent Proxy Analysis Highlights Significant Risks of Vishal Garg's Campaign to Seize Control of Better Home & Finance Board of Directors

  • BetterLife Pharma Appoints Charles Duncan as Director and Chair of the Audit Committee

  • Special Committee of Better Home & Finance Urges Shareholders to Reject Former CEO Vishal Garg's Campaign to Seize Control of the Company

  • Special Committee of Better Home & Finance Urges Shareholders to Reject Former CEO Vishal Garg's Campaign to Seize Control of the Company

  • Better, Coinbase Announce General Availability of First Token-backed, Conforming Mortgage to Expand Homeownership Access for a New Generation of Mortgage Borrowers

  • ‘I actually love you:' Better.com CEO gushed over ousted founder before replacing him in top job: filing

  • Special Committee of Better Home & Finance Issues Statement on Leadership and Operating Progress

  • Better Home & Finance Holding Company Adopts Limited-Duration Shareholder Rights Plan

  • BetterLife Pharma Appoints Mahan Chehrenama, DO, as Chief Medical Officer

  • Better Home & Finance Files Lawsuit Against Former CEO Vishal Garg to Protect Shareholders in the Face of Garg's Blatant Misrepresentations and Violations of Federal Securities Laws

  • Better Home & Finance Holding Company Calls on Former CEO Vishal Garg to End His Disruptive Campaign and Allow the Company to Move Forward

  • Better.com's new CEO vacations in France as company's ousted founder plots boardroom coup: sources

  • Better Home & Finance Holding Company Responds to Terminated CEO Vishal Garg's Latest Attempt to Gain Control of the Company

  • Better Home & Finance Holding Company Responds to Terminated CEO Vishal Garg's Latest Attempt to Gain Control of the Company

  • Securities Fraud Investigation Into Better Home & Finance Holding Company (BETR) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

  • Better Home & Finance Holding Company (BETR) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Continuing Securities Fraud Investigation