Better Home & Finance Holding Company reported second quarter 2026 financial results, announcing a net loss of $30.6 million compared to $36.3 million in the prior year period. Total net revenues grew 28% year over year to $54.7 million, while loan volume increased 38% to $1.67 billion. Adjusted EBITDA improved by 39%, with a loss of $14.0 million versus $22.9 million previously, aided by a $6.5 million TRID reserve release. The company provided third quarter guidance projecting loan volume between $1.375 and $1.525 billion and total net revenues of $49.0 to $52.0 million. Additionally, board member Daniel Lewis was appointed Interim Chief Executive Officer effective August 3, 2026, succeeding founder Vishal Garg, who will remain on the Board. The company also raised its target annualized cost reductions to exceed $45 million by year-end 2026. Better Home & Finance Holding Company operates in the fintech industry as an AI-native mortgage and home equity finance platform.
