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Better Home & Finance BETR Banking — Technology

Other segment segments

Home Finance
$25.77M+9.9%

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CSPITechnology Solutions — Research And Development Expense
$0
RFL
RFLInfusion Technology — Research And Development Expense
$1K

Other financials

Income statement

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Revenue$54.7M+28.2%
Operating income-$56.6M+55.0%
Net income-$30.6M+15.7%
EPS (diluted)-$1.64+31.4%

Balance sheet

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Cash & equivalents$111.9M+36.9%
Total debt$4.6M-24.1%
Total equity$57.9M-24.4%
Total assets$1.5B+25.2%

Cash flow

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Operating cash flow-$125.2M-119%
CapEx$92.0K-77.4%
Free cash flow-$125.6M-119%

Valuation

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Market cap$340.6M+60.2%
Enterprise value$233.3M+70.5%
P/S1.8×+0.1×

Profitability

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Operating margin-343.9%
Net margin-94.5%-26.8pp
FCF margin-134.3%-50.5pp

Returns & leverage

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Return on equity-267.7%-42.4pp
Debt / equity0.1×0.0×
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:ResearchAndDevelopmentExpense.

The source filing: Better Home & Finance’s 10-K, filed March 13, 2026.

Filed
Mar 13, 2026, 4:50 PM EDT
Fiscal year
FY2025
Accession
0001628280-26-017747
Line itemHome FinanceBankingConsolidated
Expenses:
Compensation and benefits161,50312,723174,226
General and administrative41,6023,72145,323
Technology25,7722,10227,874
Marketing and advertising38,2936338,356
Loan origination expense14,49914,499
Depreciation and amortization13,25081914,069
Other expenses/(income)2,24614,09816,344

Item 8. Financial Statements and Supplementary Data

FAQ

What is Better Home & Finance's banking — technology?
Better Home & Finance (BETR) reported banking — technology of $525.5K in Q4 2025.
How has Better Home & Finance's banking — technology changed year-over-year?
Better Home & Finance's banking — technology decreased by 20.7% year-over-year, from $662.75K to $525.5K.
What does banking — technology mean?
Direct costs related to software development, IT infrastructure, and digital platforms specifically utilized by the banking segment. Given the digital-first nature of the business, this investment is critical for maintaining competitive advantage and operational scalability. It reflects the company's commitment to technological innovation in financial services.

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