Better Q2 FY26 net loss narrows 16% to $30.6 million; total net revenues rise 28% to $54.7 million
BETR•Q2 results
Better Home & Finance posted Q2 2026 GAAP net loss of $30.6 million, narrowing from a year earlier.
GAAP total net revenues rose 28% year over year to $54.7 million; loan volume climbed 38% to $1.67 billion.
Platform loan volume reached $912 million, representing 55% of total; total loans increased 42% to 5,724.
Profitability and outlook
Non-GAAP adjusted EBITDA loss narrowed to $14 million, including a $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 $1.375 billion to $1.525 billion.
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