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Better Home & Finance BETR Banking — Revenues, Net of Interest Expense

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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:RevenuesNetOfInterestExpense.

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 — revenues, net of interest expense?
Better Home & Finance (BETR) reported banking — revenues, net of interest expense of $1.9M in Q4 2025.
How has Better Home & Finance's banking — revenues, net of interest expense changed year-over-year?
Better Home & Finance's banking — revenues, net of interest expense increased by 119.8% year-over-year, from $865.5K to $1.9M.
What does banking — revenues, net of interest expense mean?
The total revenue generated by the banking segment after deducting the associated interest expenses. This provides a clear view of the segment's top-line performance by isolating the net income generated from financial intermediation. It serves as a primary benchmark for the segment's overall financial contribution.