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Better Home & Finance Q2 FY26 net loss narrows to $30.6 million; revenue rises 28% to $54.7 million
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Better Home & Finance Q2 FY26 net loss narrows to $30.6 million; revenue rises 28% to $54.7 million
  • Better posted preliminary Q2 2026 revenue of USD 54.7 million, up 28% year over year, as funded loan volume rose 45% to USD 1.67 billion.
  • Net loss narrowed to USD 30.6 million.
  • Adjusted EBITDA loss under non-GAAP measures improved to USD 14 million, including a USD 6.5 million benefit from a TRID reserve release.
  • The board named Daniel Lewis interim CEO, replacing founder Vishal Garg, while the company sharpened its partner-led platform strategy and targeted more than USD 45 million in annualized cost cuts.
  • Better moved its second-quarter earnings release and investor call to Aug. 6, 2026, while continuing a process to sell its UK bank unit, Birmingham Bank.


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: 202608031642BIZWIRE_USPR_____20260803_BW966929) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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