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Better Home & Finance BETR Gain on sale of loans, net

Gain on sale of loans, net at other companies

PennyMac Financial Services, Inc. logo
PennyMac Financial Services, Inc.PFSI
$344.99M+56.1%
loanDepot logo
loanDepotLDI
$192.01M+15.4%
Farmers & Merchants Bancorp logo
Farmers & Merchants BancorpFMAO
$575K+102%
Merchants Bancorp logo
Merchants BancorpMBIN
$13.51M+16.2%
TFS Financial logo
TFS FinancialTFSL
$1.74M+46.9%
Waterstone Financial logo
Waterstone FinancialWSBF
$18.68M+19.8%

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 aurcu:GainOnSaleOfLoansNet.

The official record: Better Home & Finance’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Better Home & Finance's gain on sale of loans, net?
Better Home & Finance (BETR) reported gain on sale of loans, net of $44.06M in Q1 2026.
How has Better Home & Finance's gain on sale of loans, net changed year-over-year?
Better Home & Finance's gain on sale of loans, net increased by 107.1% year-over-year, from $21.28M to $44.06M.
What is the long-term trend for Better Home & Finance's gain on sale of loans, net?
Over 2 years (2023 to 2025), Better Home & Finance's gain on sale of loans, net has grown at a 65.7% compound annual growth rate (CAGR), from $46.68M to $128.21M.
What does gain on sale of loans, net mean?
Represents the net profit realized from selling originated mortgage loans to secondary market investors. This metric reflects the company's ability to generate revenue through the mortgage banking cycle by capturing the spread between loan origination costs and market sale prices.