Added to YB: 2026-05-13
Pitch date: 2026-05-11
BETR [neutral]
Better Home & Finance Holding Company
Author Info
No bio for this author
Company Info
Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, Federal Housing Administration insured loans, Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts.
Market Cap
$567.9M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-2.78
EV/Sales
N/A
Sector
Financial Services
Category
turnaround
BETTER — $BETR Q1'26
BETR (update): Q1 funded volumes $1.6B (+89% YoY), rev +52% YoY. Tinman volumes +404%. Lead gen doubled to $200M/day by Apr. Q2 guide: flat volumes but +15% seq net rev on HELOC mix shift. Breakeven ~$70M quarterly rev (~$2.1B quarterly volumes). $25M cost cuts, debt cut $519M→$198M. Stock comp spiked to $25M (4yr vest tied to stock & ARR targets). Refi headwinds & missed May $1B target hurt credibility. Distribution expanding: NEO, Credit Karma, CCM, Coinbase, ChatGPT, more coming.
Read full article (4 min)