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
DateValue
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