Business
Better Home & Finance Holding Company Announces Third Quarter 2025 Results
Executed two significant strategic partnerships during the third quarter, in addition to a third subsequent to the end of the third quarter, marking
About this update from Better Home & Finance Holding Company
[{"type":"text","content":"\n\nExecuted two significant strategic partnerships during the third quarter, in addition to a third subsequent to the end of the third quarter, marking continued progress in our evolution as a platform and software provider powering the home finance ecosystem, with additional strategic partnerships expected in Q4 2025\n\n\n\nThe Company anticipates higher funded loan volume in Q4 2025 compared to the same quarter in 2024, expecting to achieve a $500 million monthly run rate in total funded loan volume driven by strong early performance from new strategic partnerships and a significant acceleration expected through the remainder of the quarter. Our initial progress into the fourth quarter comes solely from the soft launch of one partnership, during which we marketed our solution to only a fraction of our partners’ customer bases. We believe this partnership represents the most significant opportunity in Better’s history\n\n\n\nQ3 2025 total funded loan volume grew 17% year over year compared to Q3 2024. Excluding funded loan volume from a discontinued partnership in Q3 2024, funded loan volume grew 56% year over year compared to the same quarter in 2024\n\n\n\nAI-driven improvements in conversion rates, efficiency gains, and corporate cost reductions are expected to further reduce losses going forward\n\n\n\nThe Company affirms guidance of achieving Adjusted EBITDA breakeven by the end of Q3 2026\n\n\n\n NEW YORK--(BUSINESS WIRE)--\nBetter Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better,” the “Company,” “our” or “we”), one of the leading AI-native home finance company, today reported financial results for its third quarter ended September 30, 2025.\n\n\n“This was a pivotal quarter for Better as we set the stage for our next chapter of growth,” said Vishal Garg, CEO and Founder of Better. “Our three new strategic partnerships validate the strength of our platform and technology and are expected to meaningfully expand growth and reinforce our path to profitability, with Adjusted EBITDA breakeven anticipated by the end of Q3 2026.”\n\n\n“The fourth quarter is off to a strong start, with total funded loan volume expected to reach a $500 million monthly run-rate driven by our new strategic partnerships, despite marketing to only a fraction of their customer bases during our initial soft launch. By the end of the next si...