Filing Flows › Better Home & Finance Holding (BETR) › Q3 2025
Better Home & Finance Holding (BETR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Better Home & Finance Holding (BETR) reported revenue of $43.9M for the third quarter 2025 (Q3 2025), +51% from a year earlier and +3% from the quarter before. Operating margin was -88.9%, net loss $39.1M (89.2% of revenue).
Better Home & Finance Holding, Q3 2025: revenue $43.9M (+51% year over year), operating margin -88.9%, net loss $39.1M, operating cash flow $3.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $43.9M | +3% | +51% |
| Operating profit | −$39.0M | — | — |
| Net earnings | −$39.1M | — | — |
| Operating cash flow | $3.9M | — | — |
| Free cash flow | $3.6M | — | — |
What changed
Revenue was $43.9M in Q3 2025, up 51% year over year and up 3% from the previous quarter.
Operating costs exceeded revenue by $39.0M, an operating margin of -88.9%. Total costs fell 0% while revenue rose 51%. The quarter ended with a net loss of $39.1M, wider than the previous quarter's $36.3M loss.
Operating cash flow was $3.9M. Non-cash charges added back $3.4M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items added $35.3M. Capital expenditures of $240K left free cash flow of $3.6M.
Questions
What was Better Home & Finance Holding's revenue in the third quarter 2025?
Better Home & Finance Holding (BETR) reported revenue of $43.9M for the third quarter 2025 (Q3 2025), +51% from a year earlier and +3% from the quarter before.
Was Better Home & Finance Holding profitable in the third quarter 2025?
Operating loss was $39.0M (-88.9% of revenue) and net loss $39.1M.