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Segments

By segment

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Home Finance$13.25M-59.5%
Banking$819K+72.4%

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$291.73M+60.2%
Enterprise value$184.42M+70.5%
P/S1.5×+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:Depreciation.

The source filing: Better Home & Finance’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 4:35 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-055745
(Amounts in thousands)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net loss from discontinued operations(20,089)(8,491)
Net loss from continuing operations(80,815)(78,336)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of property and equipment500697
Impairment charges, net3991,356
Amortization of internal use software and other intangible assets5,4706,362
Gain on sale of loans, net(94,918)(55,293)
Non-cash interest and amortization of debt issuance costs and discounts1,700

Item 1. Financial Statements

FAQ

What is Better Home & Finance's D&A?
Better Home & Finance (BETR) reported D&A of $256K in Q2 2026.
How has Better Home & Finance's D&A changed year-over-year?
Better Home & Finance's D&A decreased by 11.1% year-over-year, from $288K to $256K.
What is the long-term trend for Better Home & Finance's D&A?
Over 2 years (2023 to 2025), Better Home & Finance's D&A has grown at a -57.7% compound annual growth rate (CAGR), from $5.84M to $1.04M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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