Better Home & Finance Holding (BETR) Cost of Revenue (2022 - 2024)

Better Home & Finance Holding's (BETR) quarterly Cost of Revenue came in at $910000.0 in Q4 2024, up 153.48% year-on-year from $359000.0 in Q1 2024, and up 292.24% quarter-over-quarter from $232000.0 in Q3 2024.

Better Home & Finance Holding (BETR) Cost of Revenue (2022 - 2024) Analysis & Trends

Better Home & Finance Holding has disclosed Cost of Revenue across 3 years of filings, most recently posting $910000.0 for Q4 2024.

  • Cost of Revenue for Q4 2024 came in at $910000.0, up 153.48% year-over-year; the trailing twelve-month figure through Dec 2024 was $1.4 million (up 89.0% YoY), and the FY2024 annual result was $1.0 million, up 151.89% from the prior year.
  • Cost of Revenue came in at $910000.0 for Q4 2024 at Better Home & Finance Holding, up from $232000.0 in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $1.3 million in Q4 2022 to a low of $16000.0 in Q3 2023.
  • The 3-year median for Cost of Revenue is $192500.0 (2024), against an average of $344310.0.
  • Peak annual rise in Cost of Revenue reached 1350.0% in 2024, while the deepest fall reached 79.4% in 2024.
  • Better Home & Finance Holding's Cost of Revenue stood at $1.3 million in 2022, then sank by 72.92% to $359000.0 in 2023, then soared by 153.48% to $910000.0 in 2024.
  • The last three Cost of Revenue figures came in at $910000.0 (Q4 2024), $232000.0 (Q3 2024), and $153000.0 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Rocket Companies 35.67 Bn 32.98 Bn - -
2 PennyMac Financial Services 4.18 Bn 3.68 Bn 523.89 Mn 21.09 Mn
3 Walker & Dunlop 1.71 Bn 1.53 Bn - -
4 UWM Holdings 712.78 Mn 1.54 Bn - -
5 Velocity Financial 676.73 Mn 592.27 Mn - -
6 CNFinance Holdings 609.18 Mn 560.37 Mn - -
7 Better Home & Finance Holding 390.07 Mn 319.79 Mn - -
8 Onity 314.99 Mn 314.99 Mn - -
9 loanDepot 205.09 Mn -9.41 Mn - -
10 Greystone Housing Impact Investors 121.34 Mn 121.34 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 910,000.00
Dec 31, 2024 910,000.00
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 359,000.00
Dec 31, 2023 359,000.00
Sep 30, 2023 16,000.00
Sep 30, 2023 16,000.00
Jun 30, 2023 42,000.00
Jun 30, 2023 42,000.00
Mar 31, 2023 301,000.00
Mar 31, 2023 301,000.00
Dec 31, 2022 1.33 Mn
Dec 31, 2022 1.33 Mn
Sep 30, 2022 42,400.00
Sep 30, 2022 42,400.00