Better Home & Finance Holding (BETR) Operating Income (2021 - 2024)

Better Home & Finance Holding's (BETR) quarterly Operating Income came in at -$155.4 million in Q4 2024, down 174.36% year-on-year from $208.9 million in Q1 2024, and down 186.02% quarter-over-quarter from -$54.3 million in Q3 2024.

Better Home & Finance Holding (BETR) Operating Income (2021 - 2024) Analysis & Trends

Better Home & Finance Holding has disclosed Operating Income across 4 years of filings, most recently posting -$155.4 million for Q4 2024.

  • Operating Income for Q4 2024 came in at -$155.4 million, down 174.36% year-over-year; the trailing twelve-month figure through Dec 2024 was -$247.2 million (down 51.48% YoY), and the FY2024 annual result was -$302.0 million, down 3.7% from the prior year.
  • Operating Income came in at -$155.4 million for Q4 2024 at Better Home & Finance Holding, down from -$54.3 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $3.8 million in Q1 2024 to a low of -$177.3 million in Q3 2022.
  • The 4-year median for Operating Income is -$3.4 million (2021), against an average of -$45.3 million.
  • Across the five-year window, Operating Income slumped 5843.97% in 2022 and soared 310.64% in 2024, its largest moves.
  • Better Home & Finance Holding's Operating Income stood at -$3.8 million in 2021, then plunged by 3187.23% to -$125.8 million in 2022, then soared by 54.97% to -$56.6 million in 2023, then tumbled by 174.36% to -$155.4 million in 2024.
  • The last three Operating Income figures came in at -$155.4 million (Q4 2024), -$54.3 million (Q3 2024), and -$41.3 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Rocket Companies 34.85 Bn 32.16 Bn - -
2 PennyMac Financial Services 4.14 Bn 3.65 Bn 523.89 Mn 83.60 Mn
3 Walker & Dunlop 1.73 Bn 1.55 Bn - -
4 UWM Holdings 743.45 Mn 1.57 Bn - -
5 Velocity Financial 668.42 Mn 583.96 Mn - -
6 CNFinance Holdings 591.78 Mn 542.97 Mn - -
7 Better Home & Finance Holding 419.52 Mn 349.24 Mn - -
8 Onity 306.24 Mn 306.24 Mn - -
9 loanDepot 209.70 Mn -4.79 Mn - -
10 Greystone Housing Impact Investors 120.06 Mn 120.06 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -155.36 Mn
Sep 30, 2024 -54.32 Mn
Jun 30, 2024 -41.32 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