Earnings summaries and quarterly performance for Better Home & Finance Holding.
Executive leadership at Better Home & Finance Holding.
Board of directors at Better Home & Finance Holding.
Research analysts who have asked questions during Better Home & Finance Holding earnings calls.
BM
Brendan Michael McCarthy
Sidoti & Company, LLC
5 questions for BETR
Also covers: AGM, ALEX, BENF +5 more
Eric Hagen
BTIG
3 questions for BETR
Also covers: AGNC, AOMR, ARR +21 more
Bose George
Keefe, Bruyette & Woods
2 questions for BETR
Also covers: ACT, AGM, AGNC +25 more
KM
Kartik Mehta
Northcoast Research
2 questions for BETR
Also covers: ADP, CTAS, DLX +15 more
MG
Mikhail Goberman
Citizens JMP
2 questions for BETR
Also covers: ARR, CHMI, COOP +5 more
Owen Rickert
Northland Securities
2 questions for BETR
Also covers: ASPU, HNST, LTH +3 more
RS
Reginald Smith
JPMorgan Chase & Co.
2 questions for BETR
Also covers: AFRM, BFH, CIFR +8 more
WB
Will Brenneman
Northcoast Research
2 questions for BETR
Also covers: DLX
Abigail Rudder
Oppenheimer & Co. Inc.
1 question for BETR
Also covers: JKHY, SEZL
Alexander Bond
Keefe, Bruyette & Woods, Inc.
1 question for BETR
Also covers: MC, RDN
BM
Brendan Michael McCarthy
Sidoti & Company
1 question for BETR
DH
Doug Harder
UBS
1 question for BETR
DH
Doug Harter
UBS Group AG
1 question for BETR
Also covers: ARCC, ARR, BXMT +15 more
FC
Frank Cicero
Keefe, Bruyette & Woods, Inc.
1 question for BETR
FC
Frankie Cicero
KBW
1 question for BETR
Jake Kooyman
Oppenheimer & Co. Inc.
1 question for BETR
JF
James Friedman
Susquehanna Financial Group, LLLP
1 question for BETR
Also covers: AFRM, AVDX, BILL +18 more
MK
Michael Kaye
Wells Fargo & Company
1 question for BETR
Also covers: GWRE, OMF, PFSI +1 more
Steven Martin
Slater Capital Management
1 question for BETR
Also covers: CVGI, LRFC, PTMN
Recent press releases and 8-K filings for BETR.
Better Home & Finance Renews Warehouse Facility and Reaffirms Guidance
BETR
Debt Issuance
Guidance Update
Revenue Acceleration/Inflection
- Better Home & Finance Holding Company (BETR) announced the amendment and renewal of a $175 million warehouse credit facility with a leading global banking institution.
- The renewed facility features improved terms, including reduced cash deposit requirements, expanded leverage capacity, and higher advance rates on certain non-GSE loans, which are expected to materially reduce ongoing equity capital requirements.
- The company reaffirmed its guidance for monthly origination volumes to exceed $1 billion by May 2026 and for achieving adjusted EBITDA profitability by the end of the third quarter of 2026.
Jan 27, 2026, 2:12 PM
Better Home & Finance Discusses Growth, Unit Economics, and Path to Profitability
BETR
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
- Better Home & Finance (BETR) reported significant growth in the past year, with loan volume up 20% and revenue up 50%, driven by over 10x growth in its home equity business.
- The company has dramatically improved its unit economics, increasing revenue per loan from $7,400 to $8,500 and contribution margin from $500 to $1,700 per loan, while reducing labor cost per fund from $2,900 to $2,500.
- BETR's platform business, Tinman AI, now accounts for approximately 45% of total revenue and has secured partnerships with major financial institutions, including a top five U.S. personal financial services platform and a top five U.S. non-bank mortgage originator.
- The company expects loan volume to double between the volumes evidenced in Q3 and Q4 (of the previous year) and the next six months, and anticipates achieving Adjusted EBITDA profitability by the end of Q3 2026.
Jan 16, 2026, 5:45 PM
Better Home & Finance Reports Strong Growth and Targets Q3 2026 Adjusted EBITDA Profitability
BETR
Revenue Acceleration/Inflection
Guidance Update
New Projects/Investments
- Better Home & Finance (BETR) reported significant growth in the past year, with loan volume up about 20%, revenue up about 50%, and its home equity business growing over 10X.
- The company has seen dramatic improvements in unit economics, with revenue per loan increasing from $7,400 to $8,500 and contribution margin per loan rising from $500 to $1,700, driven by a reduction in labor cost per fund from $2,900 to $2,500.
- BETR's platform business, Tinman AI, now accounts for approximately 45% of total revenue and has secured major partnerships, including a top five U.S. personal financial services platform, a top five U.S. non-bank mortgage originator, and Finance of America.
- The company projects loan volume to double from Q3/Q4 levels over the next six months and anticipates achieving Adjusted EBITDA profitability by the end of Q3 2026.
Jan 16, 2026, 5:45 PM
Better Home & Finance Reports Strong Growth and Outlines AI-Driven Strategy
BETR
Revenue Acceleration/Inflection
Guidance Update
New Projects/Investments
- Better Home & Finance reported significant growth in the past year, with loan volume up 20%, revenue up 50%, and its home equity business growing over 10X. The company also improved unit economics, increasing revenue per loan from $7,400 to $8,500 and contribution margin from $500 to $1,700 per loan, while reducing labor cost per fund from $2,900 to $2,500.
- The company's platform side, Tinman AI, now constitutes approximately 45% of total revenue and is central to its strategy. This AI-driven platform enables 70% of loans to be processed as one-day mortgages and aims to reduce labor cost per fund to less than $1,000 per loan, significantly below the industry average of $9,000+.
- Better has secured major partnerships, including a top five U.S. personal financial services platform, a top five U.S. non-bank mortgage originator, and Finance of America, to expand the reach of its Tinman AI platform.
- The company expects loan volume to double between Q3/Q4 and the next six months and projects achieving Adjusted EBITDA profitability by the end of Q3 2026. Management anticipates macro tailwinds in 2026, with the mortgage market expected to grow 20% to $1.8 trillion.
Jan 16, 2026, 5:45 PM
Better Home & Finance Holding Company Appoints New CFO and Updates Capital Strategy
BETR
CFO Change
Executive Compensation
- Better Home & Finance Holding Company has appointed Loveen Advani as its new Chief Financial Officer, effective February 2, 2026. He will also assume the roles of principal financial officer and principal accounting officer.
- Mr. Advani's compensation package includes an annual base salary of $450,000, a target performance bonus of 100% of his base salary, and equity grants totaling 110,000 restricted stock units (RSUs) and 100,000 performance restricted stock units (PSUs).
- The company updated on its At-The-Market (ATM) equity offering program, reporting sales of more than $35 million of its Class A common stock as of December 19, 2025, under the program initiated on September 26, 2025, for up to $75.0 million.
- Better Home & Finance is actively evaluating alternatives to reduce its capital requirements and reliance on the ATM Program, including discussions with lenders for higher advance rates on loan production.
Dec 22, 2025, 1:06 PM
Better Home & Finance Holding Co. Appoints Barry Feierstein as Chief Operating Officer
BETR
Management Change
Hiring
Executive Compensation
- Better Home & Finance Holding Company (BETR) announced the appointment of Barry Feierstein as its new Chief Operating Officer (COO) on December 19, 2025, with an official start date of December 15, 2025.
- Mr. Feierstein brings over 30 years of experience in leading and scaling operations across private and public companies in sectors including residential housing finance.
- His compensation package includes an annual base salary of $450,000, eligibility for a target performance bonus of 100% of his base salary, and a grant of 75,000 performance-based restricted stock units (RSUs).
Dec 19, 2025, 12:15 PM
Better Home & Finance Reports Q3 2025 Results and Strategic Growth Initiatives
BETR
Earnings
Guidance Update
New Projects/Investments
- Better Home & Finance reported a 17% year-over-year increase in funded loan volume to approximately $1.2 billion and a 51% year-over-year increase in revenue to approximately $44 million for Q3 2025, while its Adjusted EBITDA loss improved to approximately $25 million.
- The company announced three new strategic partnerships, including one with a top five U.S. personal financial services platform, which are currently contributing to a $500 million monthly volume run rate and are expected to double to at least $1 billion a month in funded loan volume within the next six months.
- The TinMan AI Platform, which now accounts for approximately 40% of total revenue, and Betsy AI have significantly improved unit economics, increasing the lead-to-lock conversion rate by 84% and boosting net contribution margin per fund by approximately 64% quarter-on-quarter to $1,772.
- Better Home & Finance aims to achieve break-even Adjusted EBITDA by Q3 2026 and expects over $600 million in AI platform originations in Q4 2025, representing over 24% growth from Q3.
Nov 13, 2025, 1:30 PM
Better Home & Finance Reports Strong Q3 2025 Growth Driven by AI and New Partnerships
BETR
Earnings
Guidance Update
New Projects/Investments
- Better Home & Finance (BETR) reported a 17% year-over-year increase in funded loan volume to approximately $1.2 billion and a 51% year-over-year increase in revenue to approximately $44 million in Q3 2025, with expenses remaining flat.
- The company's AI platform, Tin Man, and generative AI agent, Bettsy, are driving significant efficiencies, leading to a 64% quarter-on-quarter increase in net contribution margin per fund to $1,772 and a cost to originate approximately half the industry average.
- BETR announced three new partnerships with a top five US personal financial services platform, a top five US non-bank mortgage loan originator, and Finance of America, which are expected to drive transformative growth and contribute to a $1 billion a month origination run rate within six months.
- The company aims to achieve adjusted EBITDA profitability by the end of Q3 2026, supported by AI-driven improvements, efficiency gains, and continued cost reductions.
Nov 13, 2025, 1:30 PM
BETR Announces Q3 2025 Results with Revenue Growth and Expanding Margins
BETR
Earnings
Revenue Acceleration/Inflection
Guidance Update
- BETR reported a significant increase in total net revenue to $44 million in Q3 2025, up from $29 million in Q3 2024. Total funded loan volume also grew across all product categories, with Purchase at $774 million, HELOC at $253 million, and Refi at $183 million for Q3 2025.
- The company demonstrated improved profitability, with Adjusted Net Loss at $(28,459) thousand and Adjusted EBITDA at $(24,915) thousand in Q3 2025, showing improvement compared to Q3 2024. BETR targets Adjusted EBITDA breakeven by the end of Q3 2026.
- Contribution Margin Per Fund expanded to $1,772 in Q3 2025, up from $500 in Q1 2025, driven by AI-driven efficiencies. The Betsy AI assistant has led to a ~3x increase in Loan Officer Productivity and a ~2x increase in lead-to-lock conversion to 6%.
- BETR announced new partnerships, including with a Top Five U.S. Personal Financial Services Platform and a Top Five U.S. Non-bank Mortgage Originator. An existing bank partner generated $483 million in funded loan volume in Q3 2025, a ~13% quarter-over-quarter increase.
Nov 13, 2025, 1:30 PM
Better (BETR) Reports Strong Q3 2025 Growth Driven by AI Platform and Partnerships
BETR
Earnings
Guidance Update
New Projects/Investments
- In Q3 2025, Better (BETR) reported a 17% year-over-year increase in funded loan volume to approximately $1.2 billion and a 51% year-over-year increase in revenue to approximately $44 million. The adjusted EBITDA loss improved to approximately $25 million, down from $39 million a year ago.
- The company is rapidly evolving into a platform powering the home finance ecosystem through institutional partners, announcing three new partnerships. These partnerships are already pacing to fund $500 million in monthly volume, with expectations to double to at least $1 billion a month in the next six months.
- Better's AI-driven platforms, Bettsy and Tin Man, are central to its strategy, enabling the lowest unit costs and significantly improving efficiency, as demonstrated by a 51% revenue growth year-over-year with flat expenses. Bettsy, the generative AI home finance agent, has increased the direct-to-consumer conversion rate from 3.3% to over 6%.
- Better aims to achieve break-even adjusted EBITDA by Q3 2026. For Q4 2025, the company expects over $600 million in AI platform originations, representing over 24% growth versus Q3. The company ended Q3 2025 with $226 million in cash, restricted cash, short-term investments, and assets held for sale.
Nov 13, 2025, 1:30 PM
Quarterly earnings call transcripts for Better Home & Finance Holding.
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