Better Home & Finance Holding (BETR) Operating Income (2021 - 2024)
Better Home & Finance Holding (BETR) reported Operating Income of $15.6 million for Q4 2024, up 127.56% on a YoY basis from $6.9 million in Q1 2024, and up 128.73% sequentially from -$54.3 million in Q3 2024.
Better Home & Finance Holding (BETR) Operating Income (2021 - 2024) Analysis & Trends
Better Home & Finance Holding (BETR) has 4 years of Operating Income data on file, last reported at $15.6 million in Q4 2024.
- For the quarter ending Q4 2024, Operating Income rose 127.56% year-over-year to $15.6 million; the trailing twelve-month figure through Dec 2024 stood at -$105.6 million (up 35.28% YoY), and the FY2024 full-year result was -$206.4 million, up 29.13% from the prior year.
- Operating Income advanced to $15.6 million in Q4 2024, from -$54.3 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $15.6 million in Q4 2024 to a low of -$177.3 million in Q3 2022.
- A 4-year average of -$36.5 million and a median of -$2.8 million in 2021 frame the typical range for Operating Income.
- Across the five-year window, Operating Income plunged 5843.97% in 2022 and soared 310.64% in 2024, its largest moves.
- Tracing BETR's Operating Income over 4 years: stood at -$3.8 million in 2021, then sank by 3187.23% to -$125.8 million in 2022, then surged by 54.97% to -$56.6 million in 2023, then soared by 127.56% to $15.6 million in 2024.
- Business Quant data shows BETR's Operating Income at $15.6 million in Q4 2024, -$54.3 million in Q3 2024, and -$70.7 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (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 | 83.60 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 | 15.61 Mn |
| Sep 30, 2024 | -54.32 Mn |
| Jun 30, 2024 | -70.70 Mn |
| Mar 31, 2024 | 3.78 Mn |
| Dec 31, 2023 | -56.62 Mn |
| Sep 30, 2023 | -105.66 Mn |
| Jun 30, 2023 | -1.84 Mn |
| Mar 31, 2023 | 921,000.00 |
| Dec 31, 2022 | -125.76 Mn |
| Sep 30, 2022 | -177.30 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 |
| Mar 31, 2021 | -98,419.00 |