Better Home & Finance Holding Co (BETR)
Better Home & Finance Holding Co brought in $196.6M of revenue over the twelve months to September 30, 2026, up 39.9% from a year earlier. It posted a net loss of $177.4M. In fiscal 2025 capital spending exceeded operating cash flow by $167.8M. At September 30, 2026 it held $77.5M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about Better Home & Finance Holding Co
- Net worth
- Better Home & Finance Holding Co has a market value (market cap) of $376.2M at the latest share price, and shareholders' equity of $24.3M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $164.9M (+52.0% year on year), with a net loss of $165.9M. Over the 12 months to September 30, 2026: revenue $196.6M, net loss $177.4M.
- Cash flow
- In fiscal 2025 operations used $166.6M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
What Better Home & Finance Holding Co does
Better Home & Finance Holding Co is registered with the SEC under industry code SIC 6163 (Loan Brokers). Its shares trade on NASDAQ under the ticker BETR.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $164.9M | -$165.9M | -$10.80 | -$167.8M |
| 2024 | $108.5M | -$206.3M | -$13.65 | -$383.4M |
| 2023 | $72.3M | -$536.4M | -$58.09 | -$160.2M |
| 2022 | $378M | -$877.1M | -$150.73 | $926.5M |
| 2021 | n/a | -$6.5M | n/a | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where BETR ranks in Finance
Latest SEC filings
What Better Home & Finance Holding Co has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 8.6% to $45.1M versus the same quarter last year; diluted EPS -$1.93 versus -$2.56.
- October 27, 2026
- October 16, 2026Passive stake changed SCHEDULE 13G/A
- October 14, 2026
- October 14, 2026
- October 13, 2026
- October 9, 2026
- October 9, 2026Executive or director change8-K/AA shareholder consent solicitation led by Vishal Garg resulted in the removal of five board members and the interim chief executive officer.
- October 8, 2026Material agreement8-KBetter Home & Finance terminated its shareholder rights agreement early on October 6, 2026.
- October 7, 2026Activist stake changed SCHEDULE 13D/A
Insider trades
What the people running Better Home & Finance Holding Co did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $149.5K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 5, 2026 | Orn Jonsson SigurgeirChief Technology Officer | Sold | 2,210 | $41.9K |
| November 2, 2026 | Garg VishalDirector, 10% owner | Received as pay | 1,190 | - |
| November 2, 2026 | Garg VishalDirector, 10% owner | Shares withheld for tax | 659 | $13.8K |
| November 2, 2026 | Nicholas J. CalamariDirector | Received as pay | 1,190 | - |
| November 2, 2026 | Tuffin PaulaGeneral Counsel and CCO | Received as pay | 1,190 | - |
| November 1, 2026 | Orn Jonsson SigurgeirChief Technology Officer | Exercised options | 3,906 | - |
| October 19, 2026 | Nicholas J. CalamariDirector | Sold | 1,320 | $13.9K |
| October 19, 2026 | Tuffin PaulaGeneral Counsel and CCO | Sold | 1,225 | $12.8K |
Who owns BETR
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vishal Garg13D, may seek influence with 3 related filers | 19.7% | April 8, 2024 |
| Garg Vishal13D, may seek influence with 3 related filers | 13.7% | October 5, 2026 |
| SoftBank Group Corp.13D, may seek influence with 7 related filers | 12.8% | April 30, 2025 |
| Spencer Vance13G, passive with 5 related filers | 12.4% | April 6, 2026 |
| Thor Björgólfsson13D, may seek influence with 2 related filers | 10.1% | December 17, 2024 |
| Steven Sarracino13D, may seek influence with 10 related filers | 8.9% | October 7, 2026 |
| Thor Bjorgolfsson13D, may seek influence with 2 related filers | 7.3% | May 19, 2026 |
| Healthcare of Ontario Pension Plan Trust Fund13G, passive | 5.9% | February 13, 2026 |
| Orange Capital Ventures LP13G, passive | 5.8% | February 9, 2026 |
| Riaz Valani13D, may seek influence | 5% | September 3, 2024 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 89 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 685,834 | +199,735 |
| Softbank Group Corp. | 628,553 | 0 |
| Frontier Capital Management Co LLC | 625,598 | -168,336 |
| Healthcare of Ontario Pension Plan Trust Fund | 578,960 | 0 |
| Vanguard Capital Management LLC | 495,753 | +108,423 |
| Goldman Sachs Group Inc | 337,978 | +48,286 |
| Citadel Advisors LLC | 335,989 | +106,023 |
| Whetstone Capital Advisors, LLC | 253,987 | new |
| Geode Capital Management, LLC | 237,325 | +76,432 |
| Bnp Paribas Financial Markets | 221,637 | +53,593 |
| State Street Corp | 180,526 | +57,150 |
| Morgan Stanley | 130,300 | -65,685 |
| UBS Group AG | 127,263 | -174,699 |
| Gratia Capital, LLC | 100,458 | -9,895 |
| Northern Trust Corp | 75,185 | +27,906 |
| Vanguard Fiduciary Trust Co | 71,921 | +24,661 |
| Vanguard Portfolio Management LLC | 69,231 | -36,789 |
| Hudson Bay Capital Management LP | 61,985 | -118,538 |
| Walleye Capital LLC | 58,335 | +50,976 |
| Stoic Point Capital Management LLC | 56,945 | +43,845 |
Insiders
15 insiders reported holding 1,551,620 shares in total, about $30.7M at the last price.
| Holder | Shares |
|---|---|
| Framework Ventures IV L.P.10% owner | 1,006,6961,006,696 held indirectly |
| Garg VishalDirector, 10% owner | 122,530 |
| Narasimhan PrabhuDirector | 71,242 |
| Nicholas J. CalamariDirector | 68,617 |
| Talwar HaritDirector | 64,889 |
| Smith Chad M.President, BMC | 43,99721,061 held indirectly |
| Tuffin PaulaGeneral Counsel and CCO | 43,130 |
| Massenet ArnaudDirector | 39,170 |
| Advani LoveenChief Financial Officer | 20,477 |
| Feierstein BarryChief Operating Officer | 18,750 |
Questions about BETR
What does Better Home & Finance Holding Co do?
Better Home & Finance Holding Co is a company in the Finance sector, listed on NASDAQ as BETR. Its shares trade on NASDAQ under the ticker BETR.
What is Better Home & Finance Holding Co's net worth?
Better Home & Finance Holding Co has a market value (market cap) of $376.2M at the latest share price, and shareholders' equity of $24.3M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Better Home & Finance Holding Co profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $177.4M on revenue of $196.6M.
How much revenue does Better Home & Finance Holding Co make?
Over the twelve months to September 30, 2026 Better Home & Finance Holding Co reported revenue of $196.6M. That is 39.9% more than a year earlier.
When did Better Home & Finance Holding Co last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
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Where the numbers come from
Financial figures are the values Better Home & Finance Holding Co tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.