Filing Flows › Better Home & Finance Holding (BETR) › Q2 2025
Better Home & Finance Holding (BETR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Better Home & Finance Holding (BETR) reported revenue of $42.7M for the second quarter 2025 (Q2 2025), +32% from a year earlier and +36% from the quarter before. Operating margin was -88.2%, net loss $36.3M (85.0% of revenue).
Better Home & Finance Holding, Q2 2025: revenue $42.7M (+32% year over year), operating margin -88.2%, net loss $36.3M, operating cash flow −$56.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $42.7M | +36% | +32% |
| Operating profit | −$37.6M | — | — |
| Net earnings | −$36.3M | — | — |
| Operating cash flow | −$56.0M | — | — |
What changed
Revenue was $42.7M in Q2 2025, up 32% year over year and up 36% from the previous quarter.
Operating costs exceeded revenue by $37.6M, an operating margin of -88.2%. Total costs grew 9% against revenue growth of 32%. The fastest-growing cost line was Sales & marketing (+30%). The quarter ended with a net loss of $36.3M, narrower than the previous quarter's $50.6M loss.
Operating cash flow was −$56.0M. Non-cash charges added back $3.5M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items used $27.5M. Capital expenditures of $407K exceeded it, leaving free cash flow of −$56.4M.
Questions
What was Better Home & Finance Holding's revenue in the second quarter 2025?
Better Home & Finance Holding (BETR) reported revenue of $42.7M for the second quarter 2025 (Q2 2025), +32% from a year earlier and +36% from the quarter before.
Was Better Home & Finance Holding profitable in the second quarter 2025?
Operating loss was $37.6M (-88.2% of revenue) and net loss $36.3M.