BETR on Nasdaq
Better Home & Finance Holding Co
Price unavailable
Last updated Oct 16, 2026.
Overview
Compare with Figure Technology Solutions, Inc., LendingTree or FinVolution Group, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Other Platform, International Lending Revenue brought in 46% of the revenue Better Home & Finance Holding Co broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Other Platform, International Lending Revenue | $4.0M | $5.2M |
| Other Platform, Insurance Services | $3.5M | $2.5M |
| Other Platform, Real Estate Services | $2.5M | $1.9M |
| Other Platform, Other Revenue | $3.0M | $1.7M |
Business segments
Home Finance brought in 98% of the revenue Better Home & Finance Holding Co broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Home Finance | $12.3M | $11.1M |
| Banking | $570.0K | $198.0K |
Regions
United States brought in 84% of the revenue Better Home & Finance Holding Co broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United States | $86.7M | $138.8M |
| Outside the United States | $21.8M | $26.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development17¢$27.9M
- Other costs83¢$136.9M
- Income tax0¢$53.0K
Out of $164.9M in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Gain on loans, net | $136.1M | $78.1M |
| Other revenue | $11.3M | $12.9M |
| Interest income | $60.3M | $39.0M |
| Interest expense | -$42.8M | -$21.5M |
| Net interest income | $17.4M | $17.5M |
| Total net revenues | $164.9M | $108.5M |
| Compensation and benefits | $174.2M | $141.1M |
| General and administrative | $45.3M | $52.2M |
| Technology | $27.9M | $26.1M |
| Marketing and advertising | $38.4M | $34.0M |
| Loan origination expense | $14.5M | $9.9M |
| Depreciation and amortization | $14.1M | $33.2M |
| Other expenses/(income) | $16.3M | $17.4M |
| Total Expenses | $330.7M | $313.9M |
| Loss before income tax expense | -$165.8M | -$205.4M |
| Income tax expense | $53.0K | $850.0K |
| Net loss | -$165.9M | -$206.3M |
| Foreign currency translation adjustment, net of tax | $5.6M | -$222.0K |
| Comprehensive loss | -$160.3M | -$206.5M |
| Loss per share attributable to common stockholders: Basic (in dollars per share) | -$10.80 | -$13.65 |
| Loss per share attributable to common stockholders: Diluted (in dollars per share) | -$10.80 | -$13.65 |
| Weighted average common shares outstanding basic (in shares) | 15.4M shares | 15.1M shares |
| Weighted average common shares outstanding diluted (in shares) | 15.4M shares | 15.1M shares |
Every line of the balance sheet in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $99.8M | $211.1M | |
| Restricted cash | $16.8M | $24.4M | |
| Short-term investments | $103.6M | $53.8M | |
| Mortgage loans held for sale, at fair value | $466.7M | $399.2M | |
| Loans held for investment (net of allowance for credit losses of $2,251 and $1,667 as of December 31, 2025 and 2024, respectively) | $723.3M | $111.5M | |
| Other receivables, net | $14.8M | $17.5M | |
| Assets held for sale | $8.7M | $10.4M | |
| Property and equipment, net | $1.9M | $2.7M | |
| Right-of-use assets | $4.7M | $1.4M | |
| Internal use software and other intangible assets, net | $22.0M | $20.9M | |
| Goodwill | $11.0M | $23.6M | $32.4M |
| Derivative assets, at fair value | $4.2M | $2.5M | |
| Prepaid expenses and other assets | $27.9M | $33.9M | |
| Total Assets | $1.5B | $913.1M | |
| Warehouse lines of credit | $411.9M | $244.1M | |
| Convertible note | $0 | $519.7M | |
| Senior notes | $198.8M | $0 | |
| Customer deposits | $763.0M | $134.1M | |
| Liabilities held for sale | $4.8M | $6.1M | |
| Escrow payable and other customer accounts | $172.0K | $74.0K | |
| Derivative liabilities, at fair value | $2.4M | $0 | |
| Warrant and equity related liabilities, at fair value | $1.5M | $1.4M | |
| Lease liabilities | $4.6M | $4.1M | |
| Other liabilities | $6.5M | $13.5M | |
| Total Liabilities | $1.5B | $971.2M | |
| Common stock $0.0001 par value; 66,000,000 and 66,000,000 shares authorized as of December 31, 2025 and 2024, respectively, and 15,996,907 and 15,168,795 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $2.0K | $2.0K | |
| Notes receivable from stockholders | $0 | -$9.2M | |
| Additional paid-in capital | $2.1B | $1.9B | |
| Accumulated deficit | -$2.1B | -$1.9B | |
| Accumulated other comprehensive gain/(loss) | $3.7M | -$1.9M | |
| Total Stockholders Equity/(Deficit) | $37.2M | -$58.2M | $122.6M |
| Total Liabilities and Stockholders Equity/(Deficit) | $1.5B | $913.1M | |
| Allowance for credit losses | $2.3M | $1.7M | |
| Accounts payable and accrued expenses | $74.6M | $48.1M | |
| Common shares, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, authorized (in shares) | 66.0M shares | 66.0M shares | |
| Common stock, issued (in shares) | 16.0M shares | 15.2M shares | |
| Common stock, outstanding (in shares) | 16.0M shares | 15.2M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$165.9M | -$206.3M |
| Depreciation of property and equipment | $1.0M | $7.1M |
| Impairment charges, net | $12.5M | $16.4M |
| Amortization of internal use software and other intangible assets | $13.0M | $26.1M |
| Gain on sale of loans, net | -$128.2M | -$59.2M |
| Non-cash interest and amortization of debt issuance costs and discounts | $1.7M | $6.2M |
| Change in fair value of warrants and equity related liabilities | $69.0K | -$924.0K |
| Stock-based compensation | $20.4M | $26.8M |
| Recovery of loan repurchase reserve | -$821.0K | -$9.9M |
| Provision for credit losses | $584.0K | $1.7M |
| Amortization/accretion of deferred fees and costs | -$1.7M | $0 |
| Change in fair value of derivatives | $673.0K | -$1.7M |
| Change in fair value of loans held for investment attributable to hedged risk | -$1.9M | $0 |
| Change in fair value of mortgage loans held for sale | -$7.4M | -$2.3M |
| Loss on disposal of assets held for sale | $692.0K | $0 |
| Change in operating lease of right-of-use assets | -$3.3M | -$2.3M |
| Originations of mortgage loans held for sale | -$4.7B | -$3.6B |
| Proceeds from sale of mortgage loans held for sale | $4.7B | $3.5B |
| Other receivables, net | $2.3M | -$1.9M |
| Prepaid expenses and other assets | $9.5M | $16.9M |
| Operating lease liabilities | $548.0K | -$6.2M |
| Accounts payable and accrued expenses | $17.0M | -$21.1M |
| Escrow payable and other customer accounts | $484.0K | $567.0K |
| Other liabilities | -$3.5M | $1.5M |
| Net cash used in operating activities | -$166.6M | -$380.0M |
| Purchase of property and equipment | -$1.2M | -$3.4M |
| Payment to dispose of assets held for sale | -$1.6M | $0 |
| Proceeds from sale of property and equipment | $0 | $2.9M |
| Capitalization of internal use software | -$10.0M | -$6.7M |
| Maturities of short-term investments | $446.7M | $183.3M |
| Purchase of short-term investments | -$493.1M | -$211.9M |
| Origination of loans held for investment | -$603.8M | -$110.9M |
| Principal payments received on loans held for investment | $1.5M | $2.8M |
| Net cash used in investing activities | -$661.5M | -$143.8M |
| Principal payments on convertible notes | -$110.0M | -$1.1M |
| Principal payments on senior notes | -$1.6M | $0 |
| Net borrowings on warehouse lines of credit | $167.8M | $117.9M |
| Net increase in customer deposits | $628.9M | $122.3M |
| Proceeds from issuance of common stock under at-the-market offering | $29.2M | $0 |
| Proceeds from issuance of common stock and exercise of stock options | $75.0K | $91.0K |
| Net cash provided by financing activities | $714.3M | $239.1M |
| Effects of currency translation on cash, cash equivalents, and restricted cash | -$7.5M | -$217.0K |
| Net decrease in cash, cash equivalents, and restricted cash, including cash classified within assets held for sale | -$121.2M | -$284.9M |
| Interest paid | $21.8M | $13.8M |
| Income taxes paid/(refunded) | $1.7M | -$677.0K |
| Convertible notes exchange | $209.3M | $0 |
| Reduction of lease liability via modification/termination | $0 | $20.9M |
| Capitalization of stock-based compensation related to internal use software | $1.4M | $1.8M |
| Vesting of stock options early exercised in prior periods | $0 | $1.6M |
| Vesting of common stock issued via notes receivable from stockholders | $0 | $893.0K |
| Settlement of notes receivable from stockholders | $0 | $1.8M |
| Reclasses to internal use software | $0 | $2.3M |
| Termination of notes receivable from stockholders | $9.2M | $0 |
Compare Better Home & Finance Holding Co with another company
Former names
- Aurora Acquisition Corp.Dec 23, 2020 to Aug 18, 20233
Recent filings
- Oct 14, 20268-K/A
- Oct 14, 20268-K
- Oct 13, 20268-K
- Oct 9, 20268-K/A
- Oct 9, 20268-K
- Oct 8, 20264
- Oct 8, 20268-K
- Oct 7, 2026SCHEDULE 13D/A
- Oct 6, 20268-K
- Oct 5, 2026SCHEDULE 13D/A
- Oct 2, 20268-K
- Oct 2, 2026DFAN14A
- Oct 1, 2026DFAN14A
- Sep 30, 2026DFAN14A
- Sep 29, 2026DFAN14A
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11