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Better Home & Finance BETR Net gains/(losses) on sales of loans

Net gains/(losses) on sales of loans at other companies

UWM Holdings logo
UWM HoldingsUWMC
$554.57M+82.0%
Rocket Companies logo
Rocket CompaniesRKT
$1.38B+78.2%
Great Southern Bancorp logo
Great Southern BancorpGSBC
$719K+19.6%
Hanmi Financial logo
Hanmi FinancialHAFC
$2.1M+5.1%
City Holding Company logo
City Holding CompanyCHCO
Northrim BanCorp logo
Northrim BanCorpNRIM

Segments

By segment

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Home Finance$136.15M+74.3%
Banking$0

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:GainLossOnSalesOfLoansNet.

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 net gains/(losses) on sales of loans?
Better Home & Finance (BETR) reported net gains/(losses) on sales of loans of $44.8M in Q1 2026.
How has Better Home & Finance's net gains/(losses) on sales of loans changed year-over-year?
Better Home & Finance's net gains/(losses) on sales of loans increased by 82.3% year-over-year, from $24.58M to $44.8M.
What is the long-term trend for Better Home & Finance's net gains/(losses) on sales of loans?
Over 2 years (2023 to 2025), Better Home & Finance's net gains/(losses) on sales of loans has grown at a 52.2% compound annual growth rate (CAGR), from $58.8M to $136.15M.
What does net gains/(losses) on sales of loans mean?
This represents the net realized gain or loss resulting from the sale of mortgage loans into the secondary market. It reflects the difference between the proceeds received from investors and the carrying value of the loans sold, serving as a primary indicator of the company's ability to originate loans at profitable margins. This metric is critical for assessing the performance of the mortgage banking business model.