Better Home & Finance Holding Co (BETRW) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
3 WORLD TRADE CENTER NEW YORK, NY 10007 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6163 - Loan Brokers (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 221,524 | 227,976 | 264,875 | 262,087 | 378,800 | 482,600 | |||
| Cash and cash equivalent | 87,134 | 110,565 | 211,101 | 207,673 | 320,936 | 424,528 | |||
| Short-term investments | 134,390 | 117,411 | 53,774 | 54,414 | 57,844 | 58,089 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | 20 | (17) | |||||||
| Total current assets: | 221,524 | 227,976 | 264,875 | 262,087 | 378,800 | 482,600 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 4,818 | 5,512 | 1,387 | 3,471 | 17,693 | 18,840 | |||
| Intangible assets, net (including goodwill) | 46,038 | 44,482 | 44,551 | 58,087 | 58,186 | 63,058 | |||
| Goodwill | 24,765 | 23,994 | 23,615 | 33,403 | 32,245 | 32,209 | |||
| Intangible assets, net (excluding goodwill) | 21,273 | 20,488 | 20,936 | 24,684 | 25,941 | 30,849 | |||
| Total noncurrent assets: | 50,856 | 49,994 | 45,938 | 61,558 | 75,879 | 81,898 | |||
| Other undisclosed assets | 959,481 | 727,022 | 602,244 | 521,518 | 503,204 | 277,088 | |||
| TOTAL ASSETS: | 1,231,861 | 1,004,992 | 913,057 | 845,163 | 957,883 | 841,586 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Deferred revenue | 482,360 | 261,063 | 134,130 | 97,782 | 36,594 | 11,831 | |||
| Debt | 371,189 | 235,956 | 244,070 | 134,481 | 247,354 | 126,161 | |||
| Total current liabilities: | 853,549 | 497,019 | 378,200 | 232,263 | 283,948 | 137,992 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 301,755 | 610,118 | 593,027 | 612,512 | 629,027 | 627,304 | |||
| Total liabilities: | 1,155,304 | 1,107,137 | 971,227 | 844,775 | 912,975 | 765,296 | |||
| Equity | |||||||||
| Equity, attributable to parent | 76,557 | (102,145) | (58,170) | 388 | 44,908 | 76,290 | |||
| Common stock | 2 | 2 | 2 | 2 | 75 | 75 | |||
| Additional paid in capital | 2,077,303 | 1,867,649 | 1,863,288 | 1,858,070 | 1,852,344 | 1,844,786 | |||
| Accumulated other comprehensive income (loss) | 5,605 | 287 | (1,936) | 2,608 | (1,448) | (2,027) | |||
| Accumulated deficit | (1,997,193) | (1,960,923) | (1,910,366) | (1,851,143) | (1,796,933) | (1,755,568) | |||
| Stockholders' equity note, subscriptions receivable | (9,160) | (9,160) | (9,158) | (9,149) | (9,130) | (10,976) | |||
| Total equity: | 76,557 | (102,145) | (58,170) | 388 | 44,908 | 76,290 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,231,861 | 1,004,992 | 913,057 | 845,163 | 957,883 | 841,586 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 50,929 | 35,021 | 27,804 | 31,370 | 33,626 | 19,434 | ||
| Gain on disposition of assets for financial service operations | 36,772 | 24,576 | 16,714 | 21,503 | 24,229 | 15,652 | ||
| Net investment income | 14,157 | 10,445 | 11,090 | 9,867 | 9,397 | 3,782 | ||
| Cost of revenue | (46,690) | (51,491) | (33,175) | (42,815) | (34,982) | (39,746) | ||
| Gross profit: | 4,239 | (16,470) | (5,371) | (11,445) | (1,356) | (20,312) | ||
| Operating expenses | (33,630) | (31,474) | (50,651) | (40,263) | (38,442) | (33,854) | ||
| Other operating income (expense), net | (1,855) | (2,320) | (17,154) | (1,332) | 879 | 183 | ||
| Operating loss: | (31,246) | (50,264) | (73,176) | (53,040) | (38,919) | (53,983) | ||
| Interest and debt expense | (4,352) | (2,005) | (4,854) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (35,598) | (52,269) | (73,176) | (53,040) | (38,919) | (58,837) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (578) | 1,857 | 14,331 | (1,044) | (2,243) | 7,488 | ||
| Loss from continuing operations before income taxes: | (36,176) | (50,412) | (58,845) | (54,084) | (41,162) | (51,349) | ||
| Income tax expense | (94) | (145) | (378) | (126) | (203) | (143) | ||
| Net loss available to common stockholders, diluted: | (36,270) | (50,557) | (59,223) | (54,210) | (41,365) | (51,492) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (36,270) | (50,557) | (59,223) | (54,210) | (41,365) | (51,492) | ||
| Comprehensive loss: | (36,270) | (50,557) | (59,223) | (54,210) | (41,365) | (51,492) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 5,318 | 2,223 | (4,544) | 4,056 | 579 | (313) | ||
| Comprehensive loss, net of tax, attributable to parent: | (30,952) | (48,334) | (63,767) | (50,154) | (40,786) | (51,805) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.