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Better Home & Finance BETR Banking — Income Tax

Other segment segments

Home Finance
$525K-46.5%

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$14.02M+54.9%

Other financials

Income statement

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Revenue$47.5M+51.6%
Operating income-$56.6M+55.0%
Net income-$70.3M-39.1%
EPS (diluted)-$4.29-28.8%

Balance sheet

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Cash & equivalents$73.7M-36.9%
Total debt$4.4M-41.3%
Total equity$8.6M+108%
Total assets$1.6B+56.1%

Cash flow

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Operating cash flow-$125.2M-119%
CapEx$378.0K+87.1%
Free cash flow-$125.6M-119%

Valuation

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Market cap$482.69M+142%
Enterprise value$413.4M+360%
P/S2.7×+1.0×

Profitability

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Operating margin-343.9%
Net margin-103.2%-30.0pp
FCF margin-133.4%-50.3pp

Returns & leverage

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Return on equity-875.5%-1,394pp
Debt / equity0.5×
Current ratio0.1×+0.1×

Where this comes from

Reported directly by Better Home & Finance in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Better Home & Finance’s 10-K, filed March 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Better Home & Finance's banking — income tax?
Better Home & Finance (BETR) reported banking — income tax of -$118K in Q4 2025.
How has Better Home & Finance's banking — income tax changed year-over-year?
Better Home & Finance's banking — income tax decreased by 260.3% year-over-year, from -$32.75K to -$118K.
What does banking — income tax mean?
This represents the provision for income taxes allocated to the banking segment based on its taxable earnings. It reflects the tax burden associated with the segment's financial performance, adjusted for jurisdictional tax rates and applicable credits. Analyzing this helps investors understand the segment's effective tax rate and its impact on net profitability.