Better Home & Finance Holding (BETR) Gross Profit (2022 - 2024)
Better Home & Finance Holding's (BETR) quarterly Gross Profit came in at -$71.5 million in Q4 2024, down 222.66% year-on-year from $58.3 million in Q1 2024, and down 348.69% quarter-over-quarter from $28.8 million in Q3 2024.
Better Home & Finance Holding (BETR) Gross Profit (2022 - 2024) Analysis & Trends
Better Home & Finance Holding has disclosed Gross Profit across 3 years of filings, most recently posting -$71.5 million for Q4 2024.
- Gross Profit for Q4 2024 came in at -$71.5 million, down 222.66% year-over-year; the trailing twelve-month figure through Dec 2024 was -$7.9 million (down 107.02% YoY), and the FY2024 annual result was $11.9 million, down 83.48% from the prior year.
- Gross Profit came in at -$71.5 million for Q4 2024 at Better Home & Finance Holding, down from $28.8 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $58.3 million in Q4 2023 to a low of -$71.5 million in Q4 2024.
- The 3-year median for Gross Profit is $23.5 million (2022), against an average of $13.4 million.
- Across the five-year window, Gross Profit jumped 23292.3% in 2023 and sank 222.66% in 2024, its largest moves.
- Better Home & Finance Holding's Gross Profit stood at $249300.0 in 2022, then surged by 23292.3% to $58.3 million in 2023, then tumbled by 222.66% to -$71.5 million in 2024.
- The last three Gross Profit figures came in at -$71.5 million (Q4 2024), $28.8 million (Q3 2024), and $32.1 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 37.42 Bn | 34.73 Bn | - |
| 2 | PennyMac Financial Services | 4.27 Bn | 3.77 Bn | 523.89 Mn |
| 3 | Walker & Dunlop | 1.77 Bn | 1.59 Bn | - |
| 4 | UWM Holdings | 728.84 Mn | 1.55 Bn | - |
| 5 | Velocity Financial | 676.73 Mn | 592.27 Mn | - |
| 6 | CNFinance Holdings | 606.48 Mn | 557.67 Mn | - |
| 7 | Better Home & Finance Holding | 411.40 Mn | 341.12 Mn | - |
| 8 | Onity | 314.31 Mn | 314.31 Mn | - |
| 9 | loanDepot | 211.55 Mn | -2.94 Mn | - |
| 10 | Greystone Housing Impact Investors | 119.59 Mn | 119.59 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -71.53 Mn |
| Dec 31, 2024 | -71.53 Mn |
| Sep 30, 2024 | 28.76 Mn |
| Sep 30, 2024 | 28.76 Mn |
| Jun 30, 2024 | 32.11 Mn |
| Jun 30, 2024 | 32.11 Mn |
| Mar 31, 2024 | 2.76 Mn |
| Mar 31, 2024 | 2.76 Mn |
| Dec 31, 2023 | 58.32 Mn |
| Dec 31, 2023 | 58.32 Mn |
| Sep 30, 2023 | 4.89 Mn |
| Sep 30, 2023 | 4.89 Mn |
| Jun 30, 2023 | 31.05 Mn |
| Jun 30, 2023 | 31.05 Mn |
| Mar 31, 2023 | 18.33 Mn |
| Mar 31, 2023 | 18.33 Mn |
| Dec 31, 2022 | 249,300.00 |
| Dec 31, 2022 | 249,300.00 |
| Sep 30, 2022 | 28.61 Mn |
| Sep 30, 2022 | 28.61 Mn |