Better Home & Finance Holding (BETR) Operating Expenses (2021 - 2026)

Better Home & Finance Holding (BETR) reported Operating Expenses of $98.4 million for Q1 2026, up 27.55% on a YoY basis from $77.2 million in Q1 2025, and up 16.38% sequentially from $84.6 million in Q4 2025.

Better Home & Finance Holding (BETR) Operating Expenses (2021 - 2026) Analysis & Trends

Better Home & Finance Holding (BETR) has 6 years of Operating Expenses data on file, last reported at $98.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 27.55% year-over-year to $98.4 million; the trailing twelve-month figure through Mar 2026 stood at $346.1 million (up 9.03% YoY), and the FY2025 full-year result was $330.7 million, up 5.34% from the prior year.
  • Operating Expenses rose to $98.4 million in Q1 2026, from $84.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $358.1 million in Q3 2023 to a low of $1.1 million in Q1 2022.
  • A 5-year average of $98.9 million and a median of $82.8 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 9505.52% in 2023 and tumbled 76.8% in 2024, its largest moves.
  • Tracing BETR's Operating Expenses over 5 years: stood at $127.3 million in 2022, then slumped by 45.69% to $69.2 million in 2023, then climbed by 21.22% to $83.8 million in 2024, then rose by 0.87% to $84.6 million in 2025, then rose by 16.38% to $98.4 million in 2026.
  • Business Quant data shows BETR's Operating Expenses at $98.4 million in Q1 2026, $84.6 million in Q4 2025, and $82.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Rocket Companies 38.33 Bn 35.64 Bn - 2.54 Bn
2 Federal National Mortgage Association Fannie Mae 35.67 Bn 35.67 Bn - 2.18 Bn
3 Federal Home Loan Mortgage 18.11 Bn 13.64 Bn - 2.02 Bn
4 PennyMac Financial Services 4.41 Bn 3.76 Bn 523.89 Mn 440.29 Mn
5 CNFinance Holdings 3.28 Bn 3.20 Bn - -
6 Walker & Dunlop 1.64 Bn 1.44 Bn - 275.38 Mn
7 Velocity Financial 681.36 Mn -6.51 Bn - 54.34 Mn
8 UWM Holdings 540.43 Mn 116.43 Mn - 575.39 Mn
9 Better Home & Finance Holding 362.34 Mn 298.07 Mn - 98.41 Mn
10 Onity 340.51 Mn 215.81 Mn - 132.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 98.41 Mn
Dec 31, 2025 84.56 Mn
Sep 30, 2025 82.85 Mn
Jun 30, 2025 80.32 Mn
Mar 31, 2025 77.16 Mn
Dec 31, 2024 83.83 Mn
Sep 30, 2024 83.08 Mn
Jun 30, 2024 73.42 Mn
Mar 31, 2024 73.60 Mn
Dec 31, 2023 69.15 Mn
Sep 30, 2023 358.14 Mn
Jun 30, 2023 74.65 Mn
Mar 31, 2023 104.82 Mn
Dec 31, 2022 127.33 Mn
Sep 30, 2022 205.95 Mn
Jun 30, 2022 2.63 Mn
Mar 31, 2022 1.09 Mn
Dec 31, 2021 3.83 Mn
Sep 30, 2021 2.98 Mn
Jun 30, 2021 1.21 Mn