Better Home & Finance - FY2026 Q3 Earnings
$BETR $19.51 [-3.20% AH]
❌ Revenue: $45.1M (Est: $49.6M) [+9% YoY]
❌ EPS: -$1.93 (Est: -$1.44), GAAP net loss per share, continuing ops -$1.89 (year ago -$2.56)
Additional Metrics:
Loan Volume: $1.4B [+15% YoY]
Platform Loan Volume: $792M [+64% YoY], 57% of volume
Total Loans: 4,748 [+16% YoY]
Net Loss: -$36.5M (year ago -$39.1M)
Adjusted EBITDA: -$29.7M (year ago -$22.9M), includes about $12.8M proxy-related legal and PR costs
Cash: $77.5M
Loan Volume by Product:
Purchase: $776M
Refinance: $356M
HELOC: $263M
Q4 2026 Guidance:
Adjusted EBITDA-basis operating expenses: $45.0-47.0M
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