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Better Home & Finance BETR Home Finance — Net loss

Other segment segments

Banking
-$25.44M-64.9%

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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:NetIncomeLoss.

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 home finance — net loss?
Better Home & Finance (BETR) reported home finance — net loss of -$35.11M in Q4 2025.
How has Better Home & Finance's home finance — net loss changed year-over-year?
Better Home & Finance's home finance — net loss increased by 26.4% year-over-year, from -$47.72M to -$35.11M.
What does home finance — net loss mean?
This metric measures the bottom-line financial performance of the home finance segment after deducting all operating expenses, interest, and taxes from total segment revenue. A net loss indicates that the costs of operating the mortgage and homeownership services exceed the revenue generated during the period. It serves as a primary indicator of the segment's current path toward achieving sustainable profitability.