Better Home & Finance Holding (BETR) Cost of Revenue (2022 - 2024)
Better Home & Finance Holding (BETR) reported Cost of Revenue of $289000.0 for Q4 2024, down 99.89% on a YoY basis from $253.2 million in Q1 2024, and up 24.57% sequentially from $232000.0 in Q3 2024.
Better Home & Finance Holding (BETR) Cost of Revenue (2022 - 2024) Analysis & Trends
Better Home & Finance Holding (BETR) has 3 years of Cost of Revenue data on file, last reported at $289000.0 in Q4 2024.
- For the quarter ending Q4 2024, Cost of Revenue fell 99.89% year-over-year to $289000.0; the trailing twelve-month figure through Dec 2024 stood at $736000.0 (down 99.71% YoY), and the FY2024 full-year result was $1.0 million, down 99.61% from the prior year.
- Cost of Revenue climbed to $289000.0 in Q4 2024, from $232000.0 in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $253.2 million in Q4 2023 to a low of $16000.0 in Q3 2023.
- A 3-year average of $48.5 million and a median of $192500.0 in 2024 frame the typical range for Cost of Revenue.
- Peak annual rise in Cost of Revenue reached 1350.0% in 2024, while the deepest fall reached 99.89% in 2024.
- Tracing BETR's Cost of Revenue over 3 years: stood at $230.1 million in 2022, then rose by 10.04% to $253.2 million in 2023, then tumbled by 99.89% to $289000.0 in 2024.
- Business Quant data shows BETR's Cost of Revenue at $289000.0 in Q4 2024, $232000.0 in Q3 2024, and $153000.0 in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | - |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 21.09 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | - |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | - |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | - |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | - |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 289,000.00 |
| Dec 31, 2024 | 289,000.00 |
| Sep 30, 2024 | 232,000.00 |
| Sep 30, 2024 | 232,000.00 |
| Jun 30, 2024 | 153,000.00 |
| Jun 30, 2024 | 153,000.00 |
| Mar 31, 2024 | 62,000.00 |
| Mar 31, 2024 | 62,000.00 |
| Dec 31, 2023 | 253.16 Mn |
| Dec 31, 2023 | 253.16 Mn |
| Sep 30, 2023 | 16,000.00 |
| Sep 30, 2023 | 16,000.00 |
| Jun 30, 2023 | 70,000.00 |
| Jun 30, 2023 | 70,000.00 |
| Mar 31, 2023 | 43,000.00 |
| Mar 31, 2023 | 43,000.00 |
| Dec 31, 2022 | 230.07 Mn |
| Dec 31, 2022 | 230.07 Mn |
| Sep 30, 2022 | 414,300.00 |
| Sep 30, 2022 | 414,300.00 |