Balance Sheet Better Home & Finance Holding Company

Equities

BETR

US08774B5084

Consumer Lending

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12:11am	Better Home & Finance Holding Company, Q1 2026 Earnings Call, May 07, 2026
May. 07	Better Home & Finance Holding Company Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: BETTER HOME & FINANCE HOLDING COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	88.96M	26.71M	15.58M	38.99M	60.27M
Interest Expense, Total	101M	303M	31.6M	21.49M	42.84M
Net Interest Income	-12.01M	-276M	-16.02M	17.5M	17.42M
Gain (Loss) on Sale of Loans & Receivables	-	-	-	78.1M	136M
Other Revenues, Total	1.22B	373M	72.92M	12.89M	11.3M
Revenues Before Provison For Loan Losses	1.2B	96.86M	56.9M	108M	165M
Total Revenues	1.2B	96.86M	56.9M	108M	165M
Salaries And Other Employee Benefits	39.89M	32.39M	43.26M	140M	174M
Stock-Based Compensation (IS)	1.65M	908K	2.24M	-	-
Cost of Services Provided, Total	1.3B	686M	295M	121M	125M
Depreciation & Amortization - (IS) - (Collected)	-	-	-	33.23M	14.07M
Other Operating Expenses	137M	56.56M	10.06M	817K	4.74M
Total Operating Expenses	1.48B	776M	350M	295M	318M
Operating Income	-273M	-679M	-293M	-187M	-153M
Other Non Operating Income (Expenses)	-32.79M	39.1M	-224M	-	-
EBT, Excl. Unusual Items	-306M	-640M	-517M	-187M	-153M
Restructuring Charges	-	-248M	-8.56M	-1.39M	-1.2M
Impairment of Goodwill	-	-	-	-7.27M	-14M
Gain (Loss) on Sale of Investments	-	-	-200K	-	-
Asset Writedown	-	-	-12.59M	-9.23M	1.5M
Legal Settlements	-	-	-	-900K	-1.2M
Other Unusual Items	-	-	3.89M	-	2.1M
EBT, Incl. Unusual Items	-306M	-888M	-534M	-205M	-166M
Income Tax Expense	-2.38M	1.1M	2M	850K	53K
Earnings From Continuing Operations	-304M	-889M	-536M	-206M	-166M
Net Income to Company	-304M	-889M	-536M	-206M	-166M
Net Income - (IS)	-304M	-889M	-536M	-206M	-166M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-304M	-889M	-536M	-206M	-166M
Net Income to Common Excl. Extra Items	-304M	-889M	-536M	-206M	-166M
Per Share Items
Net EPS - Basic	-174.6	-466.3	-58.09	-13.65	-10.8
Basic EPS - Continuing Operations	-174.6	-466.3	-58.09	-13.65	-10.8
Basic Weighted Average Shares Outstanding	1.74M	1.91M	9.23M	15.11M	15.36M
Net EPS - Diluted	-174.6	-466.5	-58.09	-13.65	-10.8
Diluted EPS - Continuing Operations	-174.6	-466.5	-58.09	-13.65	-10.8
Diluted Weighted Average Shares Outstanding	1.74M	1.91M	9.23M	15.11M	15.36M
Normalized Basic EPS	-109.98	-209.86	-34.99	-7.72	-6.23
Normalized Diluted EPS	-109.98	-209.86	-34.99	-7.72	-6.23
Supplemental Items
Total Revenues (As Reported)	1.23B	383M	-	-	-
Effective Tax Rate - (Ratio)	0.78	-0.12	-0.37	-0.41	-0.03
Current Domestic Taxes	-5.03M	-788K	135K	497K	117K
Current Foreign Taxes	2.89M	1.82M	1.78M	349K	-25K
Total Current Taxes	-2.14M	1.03M	1.92M	846K	92K
Deferred Domestic Taxes	-	-	-	-	-
Deferred Foreign Taxes	-	-	-	-	-
Total Deferred Taxes	-244K	73K	83K	4K	-39K
Normalized Net Income	-191M	-400M	-323M	-117M	-95.63M
Supplemental Operating Expense Items
Stock-Based Comp., COGS (Total)	13.67M	5.26M	8.64M	-	-
Stock-Based Comp., S&M Exp. (Total)	1.16M	486K	257K	-	-
Stock-Based Comp., G&A Exp. (Total)	38.73M	31.91M	43.01M	26.75M	20.43M
Stock-Based Comp., Other (Total)	1.65M	908K	2.24M	-	-
Total Stock-Based Compensation	55.22M	38.56M	54.14M	26.75M	20.43M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	938M	318M	504M	211M	99.83M
Long-Term Investments - (FS Template)	-	-	25.6M	53.77M	104M
Trading Asset Securities, Total	9.3M	240M	1.72M	2.54M	4.21M
Loans and Lease Receivables - (FS Template)	1.97B	265M	175M	511M	1.19B
Other Receivables	51.25M	35.37M	25.24M	23.03M	21.05M
Gross Property Plant And Equipment	109M	92.22M	54.34M	10.9M	12.04M
Accumulated Depreciation	-11.08M	-19.74M	-17.9M	-6.8M	-5.41M
Net Property Plant And Equipment	97.93M	72.48M	36.44M	4.1M	6.62M
Goodwill	19.81M	18.52M	32.39M	23.62M	11M
Other Intangibles, Total	72.49M	62M	38.13M	20.94M	21.98M
Restricted Cash	40.56M	28.11M	24.48M	24.42M	16.79M
Other Current Assets, Total	108M	47.49M	43.04M	38.82M	30.34M
Deferred Charges Long-Term	1.7M	-	-	-	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	3.31B	1.09B	906M	913M	1.51B
Liabilities
Accounts Payable, Total	132M	68.68M	49.56M	33.16M	62.56M
Accrued Expenses, Total	-	-	-	-	-
Short-Term Borrowings	590M	752M	949K	-	215M
Current Portion of Long-Term Debt	935M	288M	126M	244M	199M
Current Portion of Leases	21.44M	17.83M	9.61M	3.56M	1.78M
Long-Term Debt	772M	-	515M	527M	203M
Long-Term Leases	54.4M	43.28M	21.59M	521K	2.85M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	-	14.17M	142M	769M
Unearned Revenue Non Current	-	30.2M	272K	3.04M	-
Pension & Other Post Retirement Benefits	-	-	-	-	-
Other Non Current Liabilities	103M	56.97M	45.94M	17.88M	14.24M
Total Liabilities	2.61B	1.26B	783M	971M	1.47B
Preferred Stock Convertible	436M	436M	-	-	-
Preferred Stock - Others	32M	3.1M	-	-	-
Total Preferred Equity	468M	439M	-	-	-
Common Stock, Total	10K	10K	74K	2K	2K
Additional Paid In Capital	572M	627M	1.84B	1.86B	2.11B
Retained Earnings	-295M	-1.18B	-1.7B	-1.91B	-2.08B
Comprehensive Income and Other	-38.74M	-55.32M	-11.82M	-11.09M	3.66M
Total Common Equity	238M	-610M	123M	-58.17M	37.18M
Total Equity	706M	-171M	123M	-58.17M	37.18M
Total Liabilities And Equity	3.31B	1.09B	906M	913M	1.51B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	99.07M	98.08M	15.12M	15.17M	16.45M
ECS Total Common Shares Outstanding	99.07M	98.08M	15.04M	15.17M	16M
Book Value / Share	2.4	-6.22	8.15	-3.83	2.32
Tangible Book Value	145M	-691M	52.08M	-103M	4.2M
Tangible Book Value Per Share	1.47	-7.04	3.46	-6.77	0.26
Total Debt	2.37B	1.1B	673M	775M	622M
Net Debt	1.42B	544M	168M	562M	518M
Full Time Employees	5.8K	1.3K	820	1.25K	1.33K
Assets under Capital Lease - Gross	3.76M	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-304M	-889M	-536M	-206M	-166M
Depreciation, Depletion & Amortization	7.65M	13.67M	5.84M	7.09M	1.04M
Amortization of Goodwill and Intangible Assets - (CF)	-	35.37M	37.05M	26.14M	13.02M
Total Depreciation, Depletion & Amortization	7.65M	49.04M	42.89M	33.23M	14.07M
Amortization of Deferred Charges, Total	19.57M	-	-	-	-
Gain (Loss) on Sale of Loans & Receivables - (CF)	67.68M	54.27M	26K	-61.56M	-136M
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	692K
(Gain) Loss on Sale of Investments - (CF)	7.74M	-231M	237M	-1.68M	673K
Total Asset Writedown	-	145M	9.44M	16.4M	12.5M
Provision for Credit Losses	-	-	-	1.67M	584K
Stock-Based Compensation (CF)	55.22M	38.56M	54.16M	26.75M	20.43M
Change in Accounts Payable	7.55M	-40.56M	-22.21M	-21.08M	17.03M
Change in Other Net Operating Assets (Collected)	437M	1.52B	42.48M	-160M	74.88M
Other Operating Activities	62.48M	286M	12.87M	-6.93M	-6M
Cash from Operations	361M	938M	-160M	-380M	-167M
Capital Expenditure	-15.72M	-11.74M	-456K	-3.39M	-1.19M
Sale of Property, Plant, and Equipment	-	4.47M	764K	2.94M	-
Cash Acquisitions	-5.07M	-3.85M	-12.71M	-	-
Purchase / Sale of Intangible Assets	-47.91M	-23.55M	-9.32M	-6.69M	-10.04M
Investment in Marketable and Equity Securities, Total	-	-	-16.87M	-28.55M	-46.36M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-108M	-602M
Other Investing Activities, Total	-	-	-	-	-1.6M
Cash from Investing	-68.7M	-34.66M	-38.59M	-144M	-662M
Long-Term Debt Issued, Total	51.33B	10.13B	3.22B	240M	168M
Total Debt Issued	51.33B	10.13B	3.22B	240M	168M
Long-Term Debt Repaid, Total	-51.04B	-11.66B	-2.86B	-1.1M	-112M
Total Debt Repaid	-51.04B	-11.66B	-2.86B	-1.1M	-112M
Issuance of Common Stock	21.62M	59K	16.44M	91K	29.3M
Repurchase of Common Stock	-5.65M	-7.17M	-	-	-
Issuance of Preferred Stock	-	-	1.46M	-	-
Other Financing Activities, Total	-425K	-	794K	-	629M
Cash from Financing	305M	-1.54B	381M	239M	714M
Foreign Exchange Rate Adjustments	35K	725K	-1.09M	-217K	-7.5M
Miscellaneous Cash Flow Adjustments	-	-	-	-7.68M	2.35M
Net Change in Cash	597M	-633M	182M	-293M	-119M
Supplemental Items
Cash Interest Paid	78.81M	13.07M	12.04M	13.82M	21.75M
Cash Income Tax Paid (Refund)	35.77M	1.83M	-8.45M	-677K	1.71M
Net Debt Issued / Repaid	289M	-1.53B	363M	239M	56.19M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-9.65	-40.53	-53.94	-22.69	-13.72
Return On Equity %	-51.02	-330.59	2.54K	-640.35	1.58K
Return on Common Equity	-211.78	480.51	222.77	-640.35	1.58K
Margin Analysis
Gross Profit Margin %	42.09	-223.53	-37.18	100	100
SG&A Margin	53.31	418.27	456.7	240.67	181.4
Income From Continuing Operations Margin %	-25.25	-917.62	-942.68	-190.15	-100.61
Net Income Margin %	-25.25	-917.62	-942.68	-190.15	-100.61
Net Avail. For Common Margin %	-25.25	-917.62	-942.68	-190.15	-100.61
Normalized Net Income Margin	-15.9	-412.98	-567.8	-107.53	-58
Asset Turnover
Asset Turnover	0.38	0.04	0.06	0.12	0.14
Short Term Liquidity
Current Ratio	1.86	0.83	3.86	1.92	1.09
Quick Ratio	1.77	0.76	3.52	1.77	1.05
Operating Cash Flow to Current Liabilities	0.22	0.83	-0.8	-0.9	-0.13
Long Term Solvency
Total Debt/Equity	336.14	-645.13	548.95	-1.33K	1.67K
Total Debt / Total Capital	77.07	118.34	84.59	108.11	94.36
LT Debt/Equity	117.03	-25.35	437.39	-907.33	553.8
Long-Term Debt / Total Capital	26.83	4.65	67.4	73.59	31.24
Total Liabilities / Total Assets	78.69	115.71	86.46	106.37	97.53
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	45.91	-92	-515.42	49.97	51.97
Gross Profit, 1 Yr. Growth %	-5.97	-141.33	-93.41	49.97	51.97
Earnings From Cont. Operations, 1 Yr. Growth %	-276.54	195.16	-38.84	-61.54	-19.59
Net Income, 1 Yr. Growth %	-276.54	195.16	-38.84	-61.54	-19.59
Normalized Net Income, 1 Yr. Growth %	-242.82	123.42	-29.67	-63.42	-16.24
Diluted EPS Before Extra, 1 Yr. Growth %	-503.85	169.51	-61.41	-76.5	-20.88
Common Equity, 1 Yr. Growth %	381.56	-354.04	-120.29	-147.45	-163.92
Total Assets, 1 Yr. Growth %	10.98	-67.07	-16.41	0.83	64.88
Tangible Book Value, 1 Yr. Growth %	817.18	-567.08	-107.62	-297.22	-104.09
Cash From Operations, 1 Yr. Growth %	-120.31	159.74	-117.02	137.9	-56.16
Capital Expenditures, 1 Yr. Growth %	26.8	-25.36	-96.11	642.98	-64.79
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	268.83	-65.73	-78.32	181.42	50.97
Gross Profit, 2 Yr. CAGR %	330.3	-36.59	-79.9	-41.87	50.97
Earnings From Cont. Operations, 2 Yr. CAGR %	112.01	127.28	33.47	-51.5	-44.39
Net Income, 2 Yr. CAGR %	112.01	127.28	33.47	-51.5	-44.39
Normalized Net Income, 2 Yr. CAGR %	113.27	72.79	34.34	-49.61	-45.24
Diluted EPS Before Extra, 2 Yr. CAGR %	89.74	228.48	-42.07	-69.89	-56.88
Common Equity, 2 Yr. CAGR %	27.81	251.69	-28.55	-68.97	-44.93
Total Assets, 2 Yr. CAGR %	165.66	-39.67	-47.61	-8.2	28.94
Tangible Book Value, 2 Yr. CAGR %	-6.39	560.41	-40.65	-61.24	-71.59
Cash From Operations, 2 Yr. CAGR %	5.56	-27.37	-33.5	-36.36	2.12
Capital Expenditures, 2 Yr. CAGR %	49.37	-2.71	-82.97	-46.27	61.75
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	3.08	-58.98	-55.25	129.17
Gross Profit, 3 Yr. CAGR %	-	99.3	-66	-40.84	-19.92
Earnings From Cont. Operations, 3 Yr. CAGR %	-	136.05	46.09	-11.85	-42.6
Net Income, 3 Yr. CAGR %	-	136.05	46.09	-11.85	-42.6
Normalized Net Income, 3 Yr. CAGR %	-	111.85	34.1	-13.31	-40.74
Diluted EPS Before Extra, 3 Yr. CAGR %	-	112.67	10.35	-57.12	-58.45
Common Equity, 3 Yr. CAGR %	-	61.29	35.46	-37.66	-60.52
Total Assets, 3 Yr. CAGR %	-	32.28	-32.81	-34.84	11.59
Tangible Book Value, 3 Yr. CAGR %	-	60.92	48.72	-11.43	-81.68
Cash From Operations, 3 Yr. CAGR %	-	42.51	-55.22	1.7	-43.8
Capital Expenditures, 3 Yr. CAGR %	-	18.53	-66.74	-40.05	-53.33
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	4.17	-27.53
Gross Profit, 5 Yr. CAGR %	-	-	-	31.73	-21.08
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	25.01	-0.73
Net Income, 5 Yr. CAGR %	-	-	-	25.01	-0.73
Normalized Net Income, 5 Yr. CAGR %	-	-	-	22.63	-6.52
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-22.4	-24.23
Common Equity, 5 Yr. CAGR %	-	-	-	-16.74	-5.5
Total Assets, 5 Yr. CAGR %	-	-	-	14.23	-12.79
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-9.13	-23.3
Cash From Operations, 5 Yr. CAGR %	-	-	-	3.23	-37.72
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-13.63	-37.39