Earnings ·
Better Home & Finance reports Q3 loan volume of $1.395B and net loss of up to $34.1M
BETRBetter Home & Finance Holding Co
Better Home & Finance Holding Company announced preliminary third quarter 2026 results, reporting loan volume of $1.395 billion within its guidance range of $1.375 billion to $1.525 billion. Total net revenues came in at $45.1 million, below the expected range of $49.0 million to $52.0 million due to interest rate headwinds and a proxy contest distraction that lowered conversion rates. The company reported a preliminary net loss of $33.1 million to $34.1 million and an adjusted EBITDA loss of $24.8 million to $25.8 million, which included approximately $8 million in proxy-related legal and PR expenses; excluding these costs, the adjusted EBITDA loss would have been within guidance. The company expects to recognize a non-cash reversal of stock-based compensation expense related to forfeited equity awards from departed directors.