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