Better Home & Finance Holding Co (BETR) Gross Margin (2022 - 2024)
Better Home & Finance Holding (BETR) posted Gross Margin of 99.71% for Q4 2024, up 0.51% sequentially from 99.2% in Q3 2024, and up 43116.0% YoY from N/an in Q1 2024.
Better Home & Finance Holding Co (BETR) Gross Margin (2022 - 2024) Analysis & Trends
Better Home & Finance Holding has reported Gross Margin for 3 years, with the latest figure at 99.71% in Q4 2024.
- Quarterly Gross Margin rose 43116.0% year-over-year to 99.71% in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 99.52% (up 25608.0% YoY) and the FY2024 annual result came in at 99.08%, up 34958.0% from the prior year.
- Gross Margin climbed to 99.71% in Q4 2024 per BETR's latest filing, from 99.2% in the prior quarter.
- Over five years, Gross Margin peaked at 99.77% in Q2 2023 and troughed at 14507.6% in Q4 2022.
- A 3-year average of 1404.87% and a median of 99.17% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin surged 1417615 bps in 2023, then sank 509 bps in 2024.
- Over 3 years, Gross Margin stood at 14507.6% in 2022, then soared by 98 bps to 331.45% in 2023, then soared by 130 bps to 99.71% in 2024.
- According to Business Quant data, Gross Margin over the past three periods registered 99.71%, 99.2%, and 94.69% for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 99.71% |
| Sep 30, 2024 | 99.20% |
| Jun 30, 2024 | 94.69% |
| Mar 31, 2024 | 99.72% |
| Dec 31, 2023 | -331.45% |
| Sep 30, 2023 | 99.60% |
| Jun 30, 2023 | 99.77% |
| Mar 31, 2023 | 99.13% |
| Dec 31, 2022 | -14,507.60% |
| Sep 30, 2022 | 98.55% |