Filing Flows › Better Home & Finance Holding (BETR) › Q1 2026
Better Home & Finance Holding (BETR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Better Home & Finance Holding (BETR) reported revenue of $47.5M for the first quarter 2026 (Q1 2026), +52% from a year earlier and +7% from the quarter before. Operating margin was -107.2%, net loss $70.3M (148.0% of revenue).
Better Home & Finance Holding, Q1 2026: revenue $47.5M (+52% year over year), operating margin -107.2%, net loss $70.3M, operating cash flow −$125M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $47.5M | +7% | +52% |
| Operating profit | −$50.9M | — | — |
| Net earnings | −$70.3M | — | — |
| Operating cash flow | −$125M | — | — |
What changed
Revenue was $47.5M in Q1 2026, up 52% year over year and up 7% from the previous quarter.
Operating costs exceeded revenue by $50.9M, an operating margin of -107.2%. Total costs grew 28% against revenue growth of 52%. The fastest-growing cost line was Other operating costs (+41%). The quarter ended with a net loss of $70.3M, wider than the previous quarter's $39.9M loss.
Operating cash flow was −$125.2M. Non-cash charges added back $3.0M of depreciation and amortization and $23.8M of share-based compensation. Working capital and other items used $81.7M. Capital expenditures of $378K exceeded it, leaving free cash flow of −$125.6M.
Questions
What was Better Home & Finance Holding's revenue in the first quarter 2026?
Better Home & Finance Holding (BETR) reported revenue of $47.5M for the first quarter 2026 (Q1 2026), +52% from a year earlier and +7% from the quarter before.
Was Better Home & Finance Holding profitable in the first quarter 2026?
Operating loss was $50.9M (-107.2% of revenue) and net loss $70.3M.