Better Home & Finance Holding (BETR) Gross Profit (2022 - 2024)

Better Home & Finance Holding (BETR) reported Gross Profit of $99.4 million for Q4 2024, up 151.13% on a YoY basis from $39.6 million in Q1 2024, and up 245.7% sequentially from $28.8 million in Q3 2024.

Better Home & Finance Holding (BETR) Gross Profit (2022 - 2024) Analysis & Trends

Better Home & Finance Holding (BETR) has 3 years of Gross Profit data on file, last reported at $99.4 million in Q4 2024.

  • For the quarter ending Q4 2024, Gross Profit rose 151.13% year-over-year to $99.4 million; the trailing twelve-month figure through Dec 2024 stood at $153.1 million (up 199.06% YoY), and the FY2024 full-year result was $107.5 million, up 159.31% from the prior year.
  • Gross Profit advanced to $99.4 million in Q4 2024, from $28.8 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $99.4 million in Q4 2024 to a low of -$228.5 million in Q4 2022.
  • A 3-year average of -$20.2 million and a median of $13.5 million in 2023 frame the typical range for Gross Profit.
  • Peak annual rise in Gross Profit reached 620.31% in 2024, while the deepest fall reached 91.21% in 2024.
  • Tracing BETR's Gross Profit over 3 years: stood at -$228.5 million in 2022, then advanced by 14.89% to -$194.5 million in 2023, then soared by 151.13% to $99.4 million in 2024.
  • Business Quant data shows BETR's Gross Profit at $99.4 million in Q4 2024, $28.8 million in Q3 2024, and $2.7 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
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
DateValue
Dec 31, 2024 99.43 Mn
Dec 31, 2024 99.43 Mn
Sep 30, 2024 28.76 Mn
Sep 30, 2024 28.76 Mn
Jun 30, 2024 2.73 Mn
Jun 30, 2024 2.73 Mn
Mar 31, 2024 22.19 Mn
Mar 31, 2024 22.19 Mn
Dec 31, 2023 -194.48 Mn
Dec 31, 2023 -194.48 Mn
Sep 30, 2023 3.99 Mn
Sep 30, 2023 3.99 Mn
Jun 30, 2023 31.03 Mn
Jun 30, 2023 31.03 Mn
Mar 31, 2023 4.90 Mn
Mar 31, 2023 4.90 Mn
Dec 31, 2022 -228.49 Mn
Dec 31, 2022 -228.49 Mn
Sep 30, 2022 28.24 Mn
Sep 30, 2022 28.24 Mn