---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-013454"
form_type: "8-K"
ticker: "BETR"
cik: "0001835856"
company_name: "Better Home & Finance Holding Co"
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:29:06.694098+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Better Home reports Q4 revenue $9M, net loss $59M; FY23 loss $534M; guides Q1 volume $600-650M

## Summary
- Q4 2023 GAAP revenue $9M, net loss $59M; FY23 revenue $77M, net loss $534M.
- Funded loan volume Q4 $527M (1,633 loans); FY23 $3B (8,569 loans); 91% purchase loans.
- Adjusted EBITDA loss Q4 $26M, FY23 $163M; improvements of 53% q/q and 69% y/y.
- Pivoted to commission-based loan officers; launched One Day HELOC with 470% volume growth from Q1 to Q4 2023.
- Ended 2023 with $554M cash; expects Q1 2024 funded volume of $600-650M with cost discipline.

## SEC filing metadata
- accession: 0001628280-24-013454
- form_type: 8-K
- ticker: BETR
- cik: 0001835856
- company_name: Better Home & Finance Holding Co
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835856/000162828024013454/0001628280-24-013454-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835856/000162828024013454/betr-20240328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-013454
- JSON: https://secwatch.observer/filing/0001628280-24-013454.json
- Plain text: https://secwatch.observer/filing/0001628280-24-013454.txt

## Key facts
- Earnings Releases
  Better Home & Finance Holding Co reported the full year ended December 31, 2023 results: revenue Revenue of $77 million, net income Net loss of $534 million. Guidance initiated.
  - Period: the full year ended December 31, 2023
  - Revenue: Revenue of $77 million
  - Net income: Net loss of $534 million
  - Guidance: initiated
  - Result: preliminary results
  source text: Full Year 2023 Financial Highlights: GAAP Results: • Revenue of $77 million • Net loss of $534 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835856/000162828024013454/0001628280-24-013454-index.htm
- Earnings Releases
  Better Home & Finance Holding Co reported the fourth quarter ended December 31, 2023 results: revenue Revenue of $9 million, net income Net loss of $59 million. Guidance initiated.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: Revenue of $9 million
  - Net income: Net loss of $59 million
  - Guidance: initiated
  - Result: preliminary results
  source text: Fourth Quarter 2023 Financial Highlights: GAAP Results: • Revenue of $9 million • Net loss of $59 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835856/000162828024013454/0001628280-24-013454-index.htm

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