Better Q2 FY26 net loss narrows 16% to $30.6 million; total net revenues rise 28% to $54.7 million

Reuters2026/08/06 20:32

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Better Home Finance posted Q2 2026 GAAP net loss of USD 30.6 million, narrowing from a year earlier.
GAAP total net revenues rose 28% year over year to USD 54.7 million; loan volume climbed 38% to USD 1.67 billion.
Platform loan volume reached USD 912 million, representing 55% of total; total loans increased 42% to 5,724.
Non-GAAP adjusted EBITDA loss narrowed to USD 14 million, including a USD 6.5 million TRID reserve release tied to pre-June 2022 originations.
Daniel Lewis was appointed interim CEO effective Aug. 3; Q3 guidance calls for loan volume of USD 1.375-1.525 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Better Home Finance Holding Company published the original content used to generate this news brief via Business Wire (Ref. ID: 202608061605BIZWIRE_USPR_____20260806_BW406171) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Better Q2 FY26 net loss narrows 16% to $30.6 million; total net revenues rise 28% to $54.7 million

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