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