earnings
confidence high
sentiment neutral
materiality 0.75
Better Home & Finance Q1 loan volume up 89% to $1.64B, net loss widens to $70M
Better Home & Finance Holding Co
2026-Q1 EPS reported
-$4.29
revenue$1,142,000
- Loan volume $1.64B (+89% YoY); total net revenues $48M (+52% YoY); net loss $70M vs $51M loss a year ago.
- Platform (Tinman AI) volume $821M (+404% YoY), now 50% of total loan volume.
- Raised $69M in underwritten offering, targeting $25M annual cost cuts, warehouse capacity increased to $850M.
- Q2 guidance: loan volume $1.575–1.725B, net revenues $53–56M, Adjusted EBITDA loss ($12.5)–($14.0)M.
- April partnership pre-approval volume doubled to $200M/day from one large partner.