Better Home & Finance Holding (BETR) Operating Expenses (2021 - 2026)
Better Home & Finance Holding (BETR) recorded Operating Expenses of $86.1 million in Q2 2026, up 14.9% from $74.96 million a year earlier but down 12.5% from the prior quarter.
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Analysis
Better Home & Finance Holding (BETR) Operating Expenses (2021 - 2026) Analysis & Trends
On a TTM basis, Better Home & Finance Holding's Operating Expenses came in at $351.92 million as of Jun 30, 2026, up 10.3% year-over-year; for FY2025, it came in at $330.69 million, up 5.3% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 597.7% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $313.93 million in FY2024 (-48.3%), $606.76 million in FY2023 (-50.9%), $1.24 billion in FY2022 and $8.12 million in FY2021.
- Quarterly Operating Expenses has ranged from $1.09 million in Q1 2022 to $358.14 million in Q3 2023 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for three consecutive quarters, with an average decline of 0.7% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 116.8% in Q2 2022, against a decline of 76.8% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $98.41 million (Q1 2026), $84.56 million (Q4 2025) and $82.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.50 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 4.66 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 541.02 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 2.07 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.02 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 1.33 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 173.18 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 58.19 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Better Home & Finance Holding | 208.80 Mn | -346.47 Mn | - | 86.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.10 Mn |
| Mar 31, 2026 | 98.41 Mn |
| Dec 31, 2025 | 84.56 Mn |
| Sep 30, 2025 | 82.85 Mn |
| Jun 30, 2025 | 74.96 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 |
API Access
Better Home & Finance Holding Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=BETR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "BETR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=BETR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();