earnings
confidence high
sentiment neutral
materiality 0.75
Better Home & Finance Q2 loan volume up 38% YoY to $1.67B; net loss narrows to $30.6M; CEO replaced by Daniel Lewis
Better Home & Finance Holding Co
- Loan volume $1.67B (+38% YoY); total net revenues $54.7M (+28% YoY).
- Net loss $(30.6)M vs $(36.3)M in Q2 2025; adjusted EBITDA loss $(14.0)M vs $(22.9)M.
- Platform loan volume $912M (55% of total); TRID reserve release benefit $6.5M.
- CEO change: Daniel Lewis appointed Interim CEO; founder Vishal Garg remains on board.
- Q3 2026 guidance: loan volume $1.375-1.525B, net revenues $49-52M, adjusted EBITDA loss $(18)-(15)M.