Better Home & Finance

Q2 FY2026 EarningsQ3 FY26 preliminary results missed consensus on revenue and profitability, primarily driven by proxy-related distractions and interest rate headwinds. Total Net Revenue of $45.1M fell short of the $49.4M expected, while preliminary Net Loss of $33.1M-$34.1M was slightly better than the $35.6M consensus mean. However, Adjusted EBITDA loss widened to $24.8M-$25.8M (including $8M in proxy costs), and management noted that while loan volume remained within guidance, conversion efficiency was negatively impacted by internal corporate governance issues.