Better (BETR) Q2 Revenue Jumps 38%
Better Home Finance (NASDAQ:BETR), a digital mortgage and homeownership platform, released its second quarter earnings on August 7, 2025. The release revealed a substantial miss on both GAAP earnings and revenue relative to analyst expectations. The company posted a GAAP earnings per share (EPS) loss of $36, and GAAP revenue of $44 million, about $4.8 million below the $48.84 million Street forecast (GAAP). Despite these shortfalls, total funded loan volume increased 24.7% compared to Q2 2024, with GAAP revenue up 37.5% compared to Q2 2024. However, persistent losses and higher than expected operating expenses weighed on overall results.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Better Home Finance is a technology-based home mortgage and digital real estate platform. It serves customers across all fifty states, providing online mortgage lending and a suite of related services, such as title, settlement, and homeowner’s insurance. The company’s core offerings center around making the home-buying and refinancing process simpler and less expensive through its AI-driven approach.
Source Fool.com
