---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-038791"
form_type: "8-K"
ticker: "BETR"
cik: "0001835856"
company_name: "Better Home & Finance Holding Co"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:59:05.668647+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Better Home & Finance Q3 net loss $340M, revenue $16.4M; guides Q4 funded volume ~$500M

## Summary
- Revenue $16.4M, net loss $340.0M, Adjusted EBITDA loss $54.4M for Q3 2023.
- Closed de-SPAC business combination, unlocking ~$565M fresh capital; cash $584M at quarter end.
- Funded loan volume $731M across 2,067 loans; gain on sale margin 1.94%.
- Q4 2023 guidance: funded loan volume approximately $500M, with continued expense management.
- HELOC business grew to 326 funded loans in first nine months of 2023.

## SEC filing metadata
- accession: 0001628280-23-038791
- form_type: 8-K
- ticker: BETR
- cik: 0001835856
- company_name: Better Home & Finance Holding Co
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835856/000162828023038791/0001628280-23-038791-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835856/000162828023038791/betr-20231114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-038791
- JSON: https://secwatch.observer/filing/0001628280-23-038791.json
- Plain text: https://secwatch.observer/filing/0001628280-23-038791.txt

## Key facts
- Earnings Releases
  Better Home & Finance Holding Co reported for the three and nine months ended September 30, 2023 results: revenue $16.4 million and $67.6 million, net income $340.0 million and $475.4 million.
  - Period: for the three and nine months ended September 30, 2023
  - Revenue: $16.4 million and $67.6 million
  - Net income: $340.0 million and $475.4 million
  - Result: reported results
  source text: Revenue was $16.4 million and $67.6 million in the three and nine months ended September 30, 2023, respectively. Net loss was $340.0 million and $475.4 million in the three and nine months ended September 30, 2023, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835856/000162828023038791/0001628280-23-038791-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.