Better Home & Finance reported preliminary Q2 2026 results, showing a 28% year-over-year revenue increase to $54.7 million and a 45% increase in funded loan volume. Despite revenue growth, the company posted a net loss of $30.6 million and an Adjusted EBITDA of -$14.0 million, indicating continued unprofitability even with a one-time benefit.
Better Home & Finance announced preliminary Q2 2026 results, highlighting a significant 28% year-over-year revenue increase and a 45% jump in funded loan volume. While these top-line figures suggest strong operational growth, the company continues to struggle with profitability, reporting a net loss of $30.6 million and negative Adjusted EBITDA of -$14.0 million. This persistent unprofitability, even with a $6.5 million benefit from a TRID reserve release, is a key concern for investors. The short-term implication is potential downward pressure on BETR stock as the market digests the ongoing losses despite revenue expansion. Long-term, the company needs to demonstrate a clear path to profitability to sustain investor confidence, making its ability to convert revenue growth into positive earnings a critical factor.