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| Date | Value |
|---|---|
| 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 |