Free Trial
→ Iran's New Leader Just Said Something That Should Terrify Every American (From American Alternative) (Ad)tc pixel Free BETR Stock Alerts

Better Home & Finance (BETR) Financials

Better Home & Finance logo
$42.69 +0.26 (+0.61%)
Closing price 04:00 PM Eastern
Extended Trading
$42.35 -0.34 (-0.81%)
As of 07:36 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for Better Home & Finance

Annual Income Statements for Better Home & Finance

This table shows Better Home & Finance's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -6.53 -877 -536 -206 -166
Consolidated Net Income / (Loss)		 -6.53 -877 -258 -206 -166
Net Income / (Loss) Continuing Operations		 -6.53 -877 -258 -206 -166
Total Pre-Tax Income 		-6.53 -876 -534 -205 -166
Total Operating Income		 -8.12 -859 -256 -223 -183
Total Gross Profit		 0.00 -243 -94 -50 -27
Total Revenue		 0.00 368 72 108 165
Operating Revenue		 - 368 88 91 147
Total Cost of Revenue		 0.00 611 182 141 174
Operating Cost of Revenue		 - 611 182 141 174
Total Operating Expenses		 8.12 626 162 173 156
Selling, General & Admin Expense		 8.12 186 60 52 45
Marketing Expense		 - 69 20 34 38
Research & Development Expense		 - 124 39 26 28
Depreciation Expense		 - - 43 33 14
Other Operating Expenses / (Income)		 - - 0.00 27 31
Total Other Income / (Expense), net		 1.59 -7.40 0.00 18 17
Interest Expense		 - 303 - 21 43
Interest & Investment Income		 0.02 27 - 39 60
Income Tax Expense		 - 1.10 2.00 0.85 0.05
Basic Earnings per Share		 ($0.44) ($3.01) ($58.09) ($13.65) ($10.80)
Weighted Average Basic Shares Outstanding		 49.24M 291.30M 9.23M 15.11M 15.36M
Diluted Earnings per Share		 ($0.44) ($3.01) ($58.09) ($13.65) ($10.80)
Weighted Average Diluted Shares Outstanding		 29.42M 291.30M 9.23M 15.11M 15.36M
Weighted Average Basic & Diluted Shares Outstanding		 34.75M - 755.92M 15.17M 16.45M

Quarterly Income Statements for Better Home & Finance

This table shows Better Home & Finance's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -44 -354 -51 -51 -41 -54 -59 -51 -36 -39 -40
Consolidated Net Income / (Loss)		 -44 -354 228 -51 -41 -54 -59 -51 -36 -39 -40
Net Income / (Loss) Continuing Operations		 -44 -354 228 -51 -41 -54 -59 -51 -36 -39 -40
Total Pre-Tax Income 		-44 -353 -51 -51 -41 -54 -59 -50 -36 -39 -40
Total Operating Income		 -44 -343 217 -55 -46 -59 -63 -54 -40 -44 -45
Total Gross Profit		 -2.90 -69 -1.83 -20 -8.14 -13 -9.18 -18 -1.34 -2.09 -5.29
Total Revenue		 31 16 7.98 22 32 29 29 33 44 44 44
Operating Revenue		 31 16 23 18 27 25 21 29 40 39 40
Total Cost of Revenue		 34 84 25 38 35 38 30 47 41 41 45
Operating Cost of Revenue		 34 84 25 38 35 38 30 47 41 41 45
Total Operating Expenses		 41 274 -219 36 38 45 54 36 39 42 40
Selling, General & Admin Expense		 13 14 16 14 15 13 10 12 12 10 12
Marketing Expense		 3.10 5.06 3.60 4.55 8.53 12 8.80 8.69 11 10 8.04
Research & Development Expense		 11 6.35 7.47 5.46 6.58 7.25 6.82 7.18 6.95 6.73 7.02
Depreciation Expense		 11 10 10 9.07 7.99 8.26 7.90 3.98 3.54 3.40 3.16
Other Operating Expenses / (Income)		 2.86 238 -257 2.39 -0.09 5.11 20 4.82 5.78 11 9.46
Total Other Income / (Expense), net		 -0.04 -11 9.78 3.78 5.15 4.42 4.15 3.95 4.07 4.67 4.74
Interest Expense		 7.62 15 - 4.85 4.25 5.45 6.94 6.50 10 12 14
Interest & Investment Income		 7.57 4.04 - 8.64 9.40 9.87 11 10 14 17 19
Income Tax Expense		 0.46 0.66 -0.54 0.14 0.20 0.13 0.38 0.15 0.09 0.15 -0.33
Basic Earnings per Share		 ($0.15) ($35.63) ($5.51) ($3.41) ($2.74) ($3.58) ($3.92) ($3.33) ($2.39) ($2.56) ($2.60)
Weighted Average Basic Shares Outstanding		 298.17M 9.93M 9.23M 15.08M 15.10M 15.12M 15.11M 15.17M 15.19M 15.26M 15.36M
Diluted Earnings per Share		 ($0.15) ($35.63) ($5.51) ($3.41) ($2.74) ($3.58) ($3.92) ($3.33) ($2.39) ($2.56) ($2.60)
Weighted Average Diluted Shares Outstanding		 298.17M 9.93M 9.23M 15.08M 15.10M 15.12M 15.11M 15.17M 15.19M 15.26M 15.36M
Basic & Diluted Earnings per Share		 - - ($5.51) - - - ($3.92) - - - ($2.60)
Weighted Average Basic & Diluted Shares Outstanding		 9.00M 737.59M 755.92M 755.60M 756.43M 15.15M 15.17M 15.20M 15.29M 15.70M 16.45M

Annual Cash Flow Statements for Better Home & Finance

This table details how cash moves in and out of Better Home & Finance's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 0.04 -633 183 -285 -121
Net Cash From Operating Activities		 -3.24 938 -160 -380 -167
Net Cash From Continuing Operating Activities		 -3.24 938 -160 -378 -167
Net Income / (Loss) Continuing Operations		 -6.53 -877 -536 -206 -166
Consolidated Net Income / (Loss)		 -6.53 -877 -536 -206 -166
Depreciation Expense		 - 14 5.84 7.09 1.04
Amortization Expense		 - 308 45 32 15
Non-Cash Adjustments To Reconcile Net Income		 -0.63 1,516 363 -198 -43
Changes in Operating Assets and Liabilities, net		 3.91 -23 -37 -13 27
Net Cash From Investing Activities		 -278 -35 -39 -144 -662
Net Cash From Continuing Investing Activities		 -278 -35 -39 -144 -662
Purchase of Property, Plant & Equipment		 - -35 -9.78 -10 -11
Purchase of Investments		 - 0.00 -48 -323 -1,097
Sale of Property, Plant & Equipment		 - 4.55 0.76 2.94 0.00
Sale and/or Maturity of Investments		 - 0.00 31 186 448
Other Investing Activities, net		 -278 - 0.00 - -1.60
Net Cash From Financing Activities		 281 -1,537 381 239 714
Net Cash From Continuing Financing Activities		 281 -1,537 381 239 714
Repayment of Debt		 - -11,662 -168 -1.10 -112
Issuance of Debt		 1.28 10,132 529 118 168
Issuance of Common Equity		 42 0.00 16 0.00 29
Other Financing Activities, net		 238 0.73 20 122 629
Other Net Changes in Cash		 - 0.73 - -0.22 -7.50
Cash Interest Paid		 - 13 12 14 22
Cash Income Taxes Paid		 - 1.83 -8.45 -0.68 1.71

Quarterly Cash Flow Statements for Better Home & Finance

This table details how cash moves in and out of Better Home & Finance's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Change in Cash & Equivalents		 -116 420 -25 -77 -103 -110 6.12 -100 -39 -11 29
Net Cash From Operating Activities		 21 63 -80 -43 -221 -11 -106 -57 -56 4.21 -57
Net Cash From Continuing Operating Activities		 21 63 -80 -43 -221 -11 -104 -57 -56 5.29 -58
Net Income / (Loss) Continuing Operations		 -44 -354 -51 -51 -41 -54 -59 -51 -36 -39 -40
Consolidated Net Income / (Loss)		 -44 -354 -51 -51 -41 -54 -59 -51 -36 -39 -40
Depreciation Expense		 1.42 1.16 1.14 1.03 0.90 2.26 2.90 0.42 0.30 0.09 0.25
Amortization Expense		 9.71 15 11 9.26 8.72 7.62 6.74 5.26 3.24 3.31 2.91
Non-Cash Adjustments To Reconcile Net Income		 54 414 -10 9.37 -178 6.38 -36 -15 -29 44 -44
Changes in Operating Assets and Liabilities, net		 0.01 -14 -31 -11 -11 27 -18 2.37 5.50 -3.48 22
Net Cash From Investing Activities		 -37 0.65 3.47 -33 -30 -49 -32 -159 -223 -208 -72
Net Cash From Continuing Investing Activities		 -37 0.65 3.47 -33 -30 -49 -32 -159 -223 -206 -74
Purchase of Property, Plant & Equipment		 -2.78 -2.61 -0.88 -0.86 -2.95 -3.24 -3.03 -2.54 -2.91 -2.80 -2.98
Purchase of Investments		 -32 -1.61 -15 -55 -71 -121 -76 -242 -383 -308 -164
Sale and/or Maturity of Investments		 7.66 4.67 19 23 44 75 44 86 163 105 95
Net Cash From Financing Activities		 -99 356 50 -1.15 146 -52 146 119 247 190 159
Net Cash From Continuing Financing Activities		 -99 356 50 -1.15 146 -52 146 119 247 190 159
Issuance of Debt		 -92 - - -0.06 121 -113 110 -8.11 135 -21 62
Issuance of Common Equity		 - - - - - - - - - - 29
Other Financing Activities, net		 -1.28 21 0.61 0.01 25 61 36 127 221 212 68
Other Net Changes in Cash		 -0.54 -0.03 - -0.12 0.99 0.81 - -2.84 -6.09 1.98 -0.56
Cash Interest Paid		 3.22 6.26 0.04 2.55 0.03 0.01 11 2.79 5.73 7.23 5.99
Cash Income Taxes Paid		 -0.11 0.24 -2.57 0.25 0.08 0.22 -1.23 -0.68 -1.02 3.37 0.04

Annual Balance Sheets for Better Home & Finance

This table presents Better Home & Finance's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 0.56 279 1,083 906 913 1,505
Total Current Assets		 0.01 1.07 401 597 327 255
Cash & Equivalents		 0.00 0.04 318 504 211 100
Short-Term Investments		 - - 0.00 26 54 104
Accounts Receivable		 0.00 0.50 17 17 18 15
Prepaid Expenses		 0.01 0.53 67 51 34 28
Other Current Nonoperating Assets		 - - - 0.00 10 8.69
Plant, Property, & Equipment, net		 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets		 0.56 278 682 308 586 1,251
Goodwill		 - - 17 32 24 11
Intangible Assets		 - - 62 38 21 22
Other Noncurrent Operating Assets		 0.56 278 603 233 542 1,218
Total Liabilities & Shareholders' Equity		 0.56 279 1,083 906 913 1,505
Total Liabilities		 0.56 29 1,251 783 971 1,468
Total Current Liabilities		 0.56 7.09 90 82 188 843
Accounts Payable		 0.53 5.68 90 70 48 75
Customer Deposits		 - - 0.00 12 134 763
Other Current Nonoperating Liabilities		 - - - 0.00 6.12 4.80
Total Noncurrent Liabilities		 0.00 22 1,161 701 783 626
Long-Term Debt		 - - 1,038 641 764 611
Other Noncurrent Operating Liabilities		 0.00 22 122 60 19 15
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 0.01 7.15 -604 123 -58 37
Total Preferred & Common Equity		 0.01 7.15 -604 123 -58 37
Total Common Equity		 0.01 7.15 -604 123 -58 37
Common Stock		 0.03 14 618 1,839 1,863 2,110
Retained Earnings		 -0.02 -6.55 -1,168 -1,704 -1,910 -2,076
Accumulated Other Comprehensive Income / (Loss)		 - - -1.42 -1.71 -1.94 3.66
Other Equity Adjustments		 - - -53 -10 -9.16 0.00

Quarterly Balance Sheets for Better Home & Finance

This table presents Better Home & Finance's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025
Total Assets		 24 937 842 958 845 1,005 1,232 1,384
Total Current Assets		 2.55 623 550 454 316 293 295 276
Cash & Equivalents		 1.23 527 425 321 208 111 87 74
Short-Term Investments		 - 30 58 58 54 117 134 132
Accounts Receivable		 1.25 10 11 20 17 29 31 33
Prepaid Expenses		 0.08 56 56 55 37 36 33 30
Other Current Nonoperating Assets		 - - - - - - 9.07 7.70
Plant, Property, & Equipment, net		 0.00 0.00 16 0.00 0.00 2.38 0.00 0.00
Total Noncurrent Assets		 21 314 276 504 529 710 937 1,108
Goodwill		 - 32 32 32 33 24 25 25
Intangible Assets		 - 48 31 26 25 20 21 22
Other Noncurrent Operating Assets		 21 233 213 446 471 666 891 1,062
Total Liabilities & Shareholders' Equity		 24 937 842 958 845 1,005 1,232 1,384
Total Liabilities		 21 780 765 913 845 1,107 1,155 1,342
Total Current Liabilities		 20 113 71 103 171 326 553 775
Accounts Payable		 3.60 103 59 66 73 60 64 75
Customer Deposits		 - 9.91 12 37 98 261 482 695
Other Current Nonoperating Liabilities		 - - - - - 5.84 6.93 5.17
Total Noncurrent Liabilities		 0.48 666 694 810 674 781 602 568
Long-Term Debt		 - 587 641 764 652 757 572 549
Other Noncurrent Operating Liabilities		 0.48 80 53 46 21 23 30 19
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 0.92 157 76 45 0.39 -102 77 42
Total Preferred & Common Equity		 0.92 157 76 45 0.39 -102 77 42
Total Common Equity		 0.92 157 76 45 0.39 -102 77 42
Common Stock		 0.06 1,827 1,845 1,852 1,858 1,868 2,077 2,084
Retained Earnings		 0.87 -1,657 -1,756 -1,797 -1,851 -1,961 -1,997 -2,036
Accumulated Other Comprehensive Income / (Loss)		 - -2.43 -2.03 -1.45 2.61 0.29 5.61 3.87
Other Equity Adjustments		 - -10 -11 -9.13 -9.15 -9.16 -9.16 -9.16

Annual Metrics And Ratios for Better Home & Finance

This table displays calculated financial ratios and metrics derived from Better Home & Finance's official financial filings.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 34,750,359.00 34,750,359.00 737,585,438.00 - 15,696,638.00
DEI Adjusted Shares Outstanding		 695,007.00 695,007.00 14,751,709.00 - 15,696,638.00
DEI Earnings Per Adjusted Shares Outstanding		 -9.39 -1,261.97 -36.36 - -10.57
Growth Metrics		 - - - - -
Profitability Metrics		 - - - - -
Net Operating Profit after Tax (NOPAT)		 -5.68 -601 -179 -156 -128
Return On Investment Capital (ROIC_SIMPLE)		 - - -23.46% -22.12% -19.80%
Earnings before Interest and Taxes (EBIT)		 -6.55 -590 -256 -223 -183
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -6.55 -268 -205 -184 -167
Valuation Ratios		 - - - - -
Leverage & Solvency		 - - - - -
Liquidity Ratios		 - - - - -
Cash Flow Metrics		 - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -902 144 -252 -132
Efficiency Ratios		 - - - - -
Capital & Investment Metrics		 - - - - -
Invested Capital		 252 553 229 325 441
Increase / (Decrease) in Invested Capital		 0.00 301 -323 96 4.05
Book Value per Share		 $0.21 ($17.39) $0.17 ($3.84) $2.37
Tangible Book Value per Share		 $0.21 ($19.67) $0.07 ($6.78) $0.27
Total Capital		 252 871 763 706 648
Total Debt		 1.41 1,038 641 764 611
Total Long-Term Debt		 0.00 1,038 641 764 611
Net Debt		 1.37 720 107 387 407
Capital Expenditures (CapEx)		 0.00 31 9.01 7.14 11
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -4.65 -7.28 -13 -127 -791
Debt-free Net Working Capital (DFNWC)		 -4.62 311 516 138 -588
Net Working Capital (NWC)		 -6.03 311 516 138 -588
Net Nonoperating Expense (NNE)		 0.84 276 79 50 38
Net Nonoperating Obligations (NNO)		 1.37 720 107 383 403
Total Depreciation and Amortization (D&A)		 0.00 322 51 39 16
Earnings Adjustments		 - - - - -
Adjusted Basic Earnings per Share		 $0.00 $25.00 ($58.00) ($13.65) ($10.80)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 695.01K 9.23M 15.11M 15.36M
Adjusted Diluted Earnings per Share		 $0.00 $25.00 ($58.00) ($13.65) ($10.80)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 695.01K 9.23M 15.11M 15.36M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 15.12M 15.17M 16.45M
Normalized Net Operating Profit after Tax (NOPAT)		 -5.68 -429 -179 -156 -128
Debt Service Ratios		 - - - - -
Payout Ratios		 - - - - -

Quarterly Metrics And Ratios for Better Home & Finance

This table displays calculated financial ratios and metrics derived from Better Home & Finance's official financial filings.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
DEI Shares Outstanding		 8,998,910.00 8,998,910.00 737,585,438.00 755,924,333.00 755,599,676.00 756,431,729.00 - 15,170,021.00 15,204,485.00 15,291,362.00 15,696,638.00
DEI Adjusted Shares Outstanding		 179,978.00 179,978.00 14,751,709.00 15,118,487.00 15,111,994.00 15,128,635.00 - 15,170,021.00 15,204,485.00 15,291,362.00 15,696,638.00
DEI Earnings Per Adjusted Shares Outstanding		 -244.53 -1,966.29 -3.45 -3.41 -2.74 -3.58 - -3.33 -2.39 -2.56 -2.54
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)		 -30 -240 152 -39 -32 -41 -44 -38 -28 -31 -31
Return On Investment Capital (ROIC_SIMPLE)		 - - 19.93% -5.38% -4.01% -6.27% -6.25% -5.81% -4.35% -5.17% -4.86%
Earnings before Interest and Taxes (EBIT)		 -44 -343 217 -55 -46 -59 -63 -54 -40 -44 -45
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -32 -327 230 -45 -37 -49 -53 -49 -37 -40 -42
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 231 -169 475 -270 -460 -245 -140 -237 -23 -22 -36
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 2.31 187 229 235 430 391 325 433 424 382 441
Increase / (Decrease) in Invested Capital		 -261 -71 -323 231 428 204 96 199 -5.38 -8.63 4.05
Book Value per Share		 $0.10 $17.47 $0.17 $0.10 $0.06 $0.00 ($3.84) ($6.73) $5.04 $2.74 $2.37
Tangible Book Value per Share		 $0.10 $8.48 $0.07 $0.02 ($0.02) ($0.08) ($6.78) ($9.67) $2.01 ($0.27) $0.27
Total Capital		 3.54 744 763 717 809 653 706 655 648 590 648
Total Debt		 0.41 587 641 641 764 652 764 757 572 549 611
Total Long-Term Debt		 0.00 587 641 641 764 652 764 757 572 549 611
Net Debt		 -0.82 30 107 158 385 390 387 529 350 343 407
Capital Expenditures (CapEx)		 2.45 2.41 0.76 0.86 2.95 3.24 0.10 2.54 2.91 2.80 2.98
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -19 -47 -13 -4.17 -28 -117 -127 -262 -480 -704 -791
Debt-free Net Working Capital (DFNWC)		 -17 510 516 478 351 145 138 -34 -259 -498 -588
Net Working Capital (NWC)		 -18 510 516 478 351 145 138 -34 -259 -498 -588
Net Nonoperating Expense (NNE)		 14 114 -75 13 8.95 13 15 13 8.10 8.57 8.43
Net Nonoperating Obligations (NNO)		 -0.82 30 107 158 385 390 383 535 348 340 403
Total Depreciation and Amortization (D&A)		 11 16 12 10 9.63 9.88 9.64 5.68 3.54 3.40 3.16
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($9.00) ($34.00) ($275.50) ($3.50) ($2.50) ($3.58) ($3.92) ($3.33) ($2.39) ($2.56) ($2.60)
Adjusted Weighted Average Basic Shares Outstanding		 179.98K 9.93M 184.67K 15.08M 15.10M 15.12M 15.11M 15.17M 15.19M 15.26M 15.36M
Adjusted Diluted Earnings per Share		 ($9.00) ($34.00) ($275.50) ($3.50) ($2.50) ($3.58) ($3.92) ($3.33) ($2.39) ($2.56) ($2.60)
Adjusted Weighted Average Diluted Shares Outstanding		 179.98K 9.93M 184.67K 15.08M 15.10M 15.12M 15.11M 15.17M 15.19M 15.26M 15.36M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 ($275.50) $0.00 $0.00 $0.00 ($3.92) $0.00 $0.00 $0.00 ($2.60)
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 179.98K 14.75M 15.12M 15.11M 15.13M 15.15M 15.17M 15.20M 15.29M 15.70M 16.45M
Normalized Net Operating Profit after Tax (NOPAT)		 -30 -240 152 -39 -32 -41 -44 -38 -28 -31 -31
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Financials Breakdown Chart

Key Financial Trends

Note: The data you provided appears to correspond to Better Home & Finance Holding Co (BETR), not Aurora Acquisition (NASDAQ:AURCW). If you want an analysis specifically for AURCW, please share its quarterly statements and I’ll recap those instead.

Here are the key takeaways from BETR’s latest four quarters of data (Q1–Q4 2025), focusing on what may be most relevant for retail investors. I’ve organized the points from potential positive impact to negative impact.

  • Q4 2025 financing activities produced a net cash inflow of about $158.96 million, driven by debt issuance (~$62.09M), equity issuance (~$28.63M), and other financing inflows (~$68.24M). This substantially improved liquidity for the period.
  • A substantial cash inflow from the sale/maturity of investments occurred in Q4 2025, totaling about $95.06 million, adding flexibility to fund operations or capital needs.
  • Gross profit in Q4 2025 improved to a negative $5.29 million, a notable narrowing from the large loss of $18.06 million seen earlier in the year, suggesting some improvement in cost of goods or mix.
  • Total revenue in Q4 2025 was about $44.31 million, showing a modest continuation of the top-line level around the 44 million range (roughly flat vs Q3 2025), indicating stabilizing revenue after earlier volatility.
  • There were sizable non-cash adjustments to reconcile net income in Q4 2025 (about negative $43.72 million), indicating large one-time items or non-cash charges that can distort quarterly earnings comparisons.
  • Historical periods show restatements in prior quarters (e.g., Q3 2024 restated), which can complicate year-over-year comparisons and may reflect revisions to reported results.
  • Earnings per share figures are negative across recent quarters (e.g., -$2.60 in Q4 2025), reflecting ongoing profitability challenges despite improved liquidity or top-line stability.
  • Net income remains negative across all four quarters, with Q4 2025 continuing the trend at an estimated loss of about $39.92 million for continuing operations and for common shareholders.
  • Net cash from operating activities is consistently negative in each quarter (Q4 2025: about -$57.27 million; Q3 2025: about -$56.33 million; Q2 2025: about -$56.33 million; Q1 2025: about -$57.18 million), signaling ongoing cash burn from core operations.
  • The company faces a weak profitability profile with negative gross margins in recent periods and overall negative net income, despite top-line revenue around $44 million per quarter. This ongoing loss pressure remains a material concern for investors.

Additional balance-sheet context (for reference): In Q3 2025, total assets were about $1.384 billion, while total liabilities were roughly $1.342 billion and total equity was around $41.9 million. Current liabilities remained elevated relative to current assets (e.g., current assets ≈ $276.3 million vs. current liabilities ≈ $774.7 million), indicating leverage and liquidity challenges despite cash-raising actions in the latest quarter.

05/06/26 10:49 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Better Home & Finance's Financials

When does Better Home & Finance's financial year end?

According to the most recent income statement we have on file, Better Home & Finance's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has Better Home & Finance's net income changed over the last 4 years?

Better Home & Finance's net income appears to be on a downward trend, with a most recent value of -$165.87 million in 2025, rising from -$6.53 million in 2021. The previous period was -$206.29 million in 2024. Find out what analysts predict for Better Home & Finance in the coming months.

What is Better Home & Finance's operating income?
Better Home & Finance's total operating income in 2025 was -$183.24 million, based on the following breakdown:
  • Total Gross Profit: -$26.78 million
  • Total Operating Expenses: $156.47 million
How has Better Home & Finance's revenue changed over the last 4 years?

Over the last 4 years, Better Home & Finance's total revenue changed from $0.00 in 2021 to $164.87 million in 2025, a change of 16,487,200,000.0%.

How much debt does Better Home & Finance have?

Better Home & Finance's total liabilities were at $1.47 billion at the end of 2025, a 51.2% increase from 2024, and a 263,186.4% increase since 2020.

How much cash does Better Home & Finance have?

In the past 5 years, Better Home & Finance's cash and equivalents has ranged from $0.00 in 2020 to $503.59 million in 2023, and is currently $99.83 million as of their latest financial filing in 2025.

How has Better Home & Finance's book value per share changed over the last 4 years?

Over the last 4 years, Better Home & Finance's book value per share changed from 0.21 in 2021 to 2.37 in 2025, a change of 1,052.2%.


Related Companies

Financial statements for NASDAQ:BETR last updated on 4/20/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
Your book attached
Your Download Link (Expiring) If you still haven't downloaded the free Simple Options Trading For Beginners...
Profits Run | Sponsoredtc pixel
SpaceX eyes a 1.75 trillion valuation - here's what to know
Elon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a...
Brownstone Research | Sponsoredtc pixel
Iran's New Leader Just Said Something That Should Terrify Every American
Iran's Supreme Leader has declared the Strait of Hormuz closed as leverage against the U.S. - and with 40% of ...
American Alternative | Sponsoredtc pixel
The Iran War Just Broke the Gold Market
The Iran war isn't just a geopolitical event. It's a financial one. Within hours of the strikes, oil surged...
Behind the Markets | Sponsoredtc pixel
BlackRock, JPMorgan, and Goldman are all stock piling the same asset… are you?
BlackRock, JPMorgan, Goldman Sachs, Fidelity, ARK Invest and Andreessen Horowitz are all buying the same asset...
Awesomely, LLC | Sponsoredtc pixel
One executive order. The biggest wealth transfer of your lifetime.
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
Nobody's Asking Where The SpaceX Money Comes From
When SpaceX goes public, fund managers will sell existing portfolio holdings to fund the move. Trillions in as...
Americas Gold Company | Sponsoredtc pixel
Gold surged 600 dollars last time this indicator peaked
The Buffett Indicator has predicted every major gold bull run this century - 2000, 2008, and 2020, when gold s...
Porter & Company | Sponsoredtc pixel