BETR · XBRL financial data
Better Home & Finance Holding Company financial statements, every fiscal year
The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (BETR's year ends in late December)
| In millions of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Revenue from contracts with customers | — | 12 | 0 | 108 | 165 |
| Research and development | — | 124 | 84 | 26 | 28 |
| General and administrative | — | 186 | 147 | 52 | 45 |
| Other operating income (expense) | — | — | — | (17) | (16) |
| Operating income (loss) | (8) | (9) | (291) | — | — |
| Interest income | 0 | 4 | — | — | — |
| Interest expense | — | 17 | 12 | — | — |
| Other income (expense) | — | 4 | 14 | — | — |
| Income tax expense (benefit) | — | 1 | 2 | 1 | 0 |
| Net income (loss) | (7) | 9 | (536) | (206) | (166) |
| Earnings per share, basic‡ USD per share | — | (7,525.00) | (2,900.00) | (13.65) | (10.80) |
| Earnings per share, diluted‡ USD per share | — | (7,525.00) | (2,900.00) | (13.65) | (10.80) |
| Weighted average shares, basic‡ millions of shares | 0 | 0 | 0 | 15 | 15 |
| Weighted average shares, diluted‡ millions of shares | — | 0 | 0 | 15 | 15 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-50 stock split (December 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-50 stock split (December 2024); filings made before it reported them unadjusted.
- † Share count changed about 50x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (BETR's year ends in late December)
| In millions of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 0 | 0 | 504 | 211 | 100 |
| Short-term investments | — | 0 | 26 | 54 | 104 |
| Accounts receivable | 1 | — | — | — | — |
| Inventory | — | 1 | 0 | — | — |
| Total current assets | 1 | 0 | — | — | — |
| Right-of-use asset | — | 40 | 20 | 1 | 5 |
| Goodwill | 19 | 17 | 32 | 24 | 11 |
| Total assets | 279 | 283 | 906 | 913 | 1,505 |
| Total current liabilities | 7 | 15 | — | — | — |
| Total deposits | — | 0 | 12 | 134 | 763 |
| Total liabilities | 29 | 15 | 783 | 971 | 1,468 |
| Retained earnings (accumulated deficit) | (7) | 2 | (1,704) | (1,910) | (2,076) |
| Total stockholders' equity | 7 | 21 | 123 | (58) | 37 |
| Total liabilities and equity | 279 | 283 | 906 | 913 | 1,505 |
| Common shares outstanding (cover page)‡ millions of shares | — | 0 | 0 | 15 | 16 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-50 stock split (December 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-50 stock split (December 2024); filings made before it reported them unadjusted.
- † Share count changed about 50x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (BETR's year ends in late December)
| In millions of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Net income (loss) | (7) | 9 | (536) | (206) | (166) |
| Stock-based compensation | — | 31 | 54 | 27 | 20 |
| Depreciation and amortization | — | 14 | 6 | 7 | 1 |
| Net cash from operating activities | (3) | (1) | (160) | (380) | (167) |
| Purchases of property and equipment | — | 12 | 0 | 3 | 1 |
| Net cash from investing activities | (278) | (35) | (39) | (144) | (662) |
| Proceeds from issuing common stock | — | 0 | 16 | 0 | 29 |
| Share repurchases | — | 8 | 0 | — | — |
| Net cash from financing activities | 281 | 1 | 381 | 239 | 714 |
| Net change in cash | 0 | 0 | 182 | (285) | (121) |
- † Share count changed about 50x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 6163 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6163 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Better Home & Finance Holding | 102 | not reported | 23* | 19.0M | — | 10-QJun 30, 2026 |
| Finance of America Companies | 85 | 62 | (183)* | not reported | 0.5 quarters | 10-QJun 30, 2026 |
| Onity Group | 197 | 283 | (516)* | 8.4M | 0.4 quarters | 10-QJun 30, 2026 |
| LendingTree | 111 | 313 | 29* | 14.0M | — | 10-QJun 30, 2026 |
| Awareness Group | 0.2 | 2.8 | (0.3)* | 59.6M | 0.8 quarters | 10-QJun 30, 2026 |
| UWM Holdings | 498 | 888 | 344* | not reported | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.