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Side-by-side financial comparison of Better Home & Finance Holding Co (BETR) and MP Materials Corp. (MP). Click either name above to swap in a different company.

MP Materials Corp. is the larger business by last-quarter revenue ($52.7M vs $44.3M, roughly 1.2× Better Home & Finance Holding Co). MP Materials Corp. runs the higher net margin — 17.9% vs -3349.0%, a 3366.9% gap on every dollar of revenue. On growth, Better Home & Finance Holding Co posted the faster year-over-year revenue change (77.4% vs -13.6%). MP Materials Corp. produced more free cash flow last quarter ($-109.3M vs $-167.8M). Over the past eight quarters, Better Home & Finance Holding Co's revenue compounded faster (41.1% CAGR vs 4.0%).

Bajaj Finance Limited (BFL) is an Indian deposit-taking non-banking financial company (NBFC-UL) headquartered in Pune. It has 110.64 million customers and holds assets under management worth ₹462,250 crore (US$55 billion), as of September 2025.

MP Materials Corp. is a U.S.-based producer of rare earth materials. The company owns and operates the Mountain Pass mine in California, the only active rare earth mining and processing facility in the Western Hemisphere, producing essential materials for electric vehicles, wind turbines, and defense applications.

BETR vs MP — Head-to-Head

Bigger by revenue
MP
MP
1.2× larger
MP
$52.7M
$44.3M
BETR
Growing faster (revenue YoY)
BETR
BETR
+91.0% gap
BETR
77.4%
-13.6%
MP
Higher net margin
MP
MP
3366.9% more per $
MP
17.9%
-3349.0%
BETR
More free cash flow
MP
MP
$58.5M more FCF
MP
$-109.3M
$-167.8M
BETR
Faster 2-yr revenue CAGR
BETR
BETR
Annualised
BETR
41.1%
4.0%
MP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BETR
BETR
MP
MP
Revenue
$44.3M
$52.7M
Net Profit
$-39.9M
$9.4M
Gross Margin
Operating Margin
-3376.8%
-7.0%
Net Margin
-3349.0%
17.9%
Revenue YoY
77.4%
-13.6%
Net Profit YoY
32.6%
142.2%
EPS (diluted)
$-2.52
$0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BETR
BETR
MP
MP
Q4 25
$44.3M
$52.7M
Q3 25
$43.9M
$53.6M
Q2 25
$44.1M
$57.4M
Q1 25
$32.6M
$60.8M
Q4 24
$25.0M
$61.0M
Q3 24
$29.0M
$62.9M
Q2 24
$32.3M
$31.3M
Q1 24
$22.3M
$48.7M
Net Profit
BETR
BETR
MP
MP
Q4 25
$-39.9M
$9.4M
Q3 25
$-39.1M
$-41.8M
Q2 25
$-36.3M
$-30.9M
Q1 25
$-50.6M
$-22.6M
Q4 24
$-59.2M
$-22.3M
Q3 24
$-54.2M
$-25.5M
Q2 24
$-41.4M
$-34.1M
Q1 24
$-51.5M
$16.5M
Operating Margin
BETR
BETR
MP
MP
Q4 25
-3376.8%
-7.0%
Q3 25
-88.9%
-125.2%
Q2 25
-81.9%
-76.5%
Q1 25
-154.9%
-57.2%
Q4 24
-1428.3%
-72.1%
Q3 24
-186.5%
-62.8%
Q2 24
-127.6%
-171.1%
Q1 24
-230.8%
-66.6%
Net Margin
BETR
BETR
MP
MP
Q4 25
-3349.0%
17.9%
Q3 25
-89.2%
-78.0%
Q2 25
-82.2%
-53.8%
Q1 25
-155.3%
-37.2%
Q4 24
-1437.5%
-36.6%
Q3 24
-187.0%
-40.5%
Q2 24
-128.2%
-108.9%
Q1 24
-231.4%
33.9%
EPS (diluted)
BETR
BETR
MP
MP
Q4 25
$-2.52
$0.07
Q3 25
$-2.56
$-0.24
Q2 25
$-2.39
$-0.19
Q1 25
$-3.33
$-0.14
Q4 24
$-3.92
$-0.12
Q3 24
$-3.58
$-0.16
Q2 24
$-2.74
$-0.21
Q1 24
$-3.41
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BETR
BETR
MP
MP
Cash + ST InvestmentsLiquidity on hand
$203.4M
$1.2B
Total DebtLower is stronger
$998.7M
Stockholders' EquityBook value
$37.2M
$2.0B
Total Assets
$1.5B
$3.9B
Debt / EquityLower = less leverage
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BETR
BETR
MP
MP
Q4 25
$203.4M
$1.2B
Q3 25
$205.8M
$1.1B
Q2 25
$221.5M
$261.5M
Q1 25
$228.0M
$198.3M
Q4 24
$264.9M
$282.4M
Q3 24
$262.1M
$284.4M
Q2 24
$378.8M
$295.6M
Q1 24
$482.6M
$296.5M
Total Debt
BETR
BETR
MP
MP
Q4 25
$998.7M
Q3 25
$997.3M
Q2 25
$910.8M
Q1 25
$909.8M
Q4 24
$908.7M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BETR
BETR
MP
MP
Q4 25
$37.2M
$2.0B
Q3 25
$41.9M
$2.0B
Q2 25
$76.6M
$1.0B
Q1 25
$-102.1M
$1.0B
Q4 24
$-58.2M
$1.1B
Q3 24
$388.0K
$1.1B
Q2 24
$44.9M
$1.1B
Q1 24
$76.3M
$1.1B
Total Assets
BETR
BETR
MP
MP
Q4 25
$1.5B
$3.9B
Q3 25
$1.4B
$3.8B
Q2 25
$1.2B
$2.3B
Q1 25
$1.0B
$2.4B
Q4 24
$913.1M
$2.3B
Q3 24
$845.2M
$2.3B
Q2 24
$957.9M
$2.4B
Q1 24
$841.6M
$2.4B
Debt / Equity
BETR
BETR
MP
MP
Q4 25
0.50×
Q3 25
0.51×
Q2 25
0.90×
Q1 25
0.88×
Q4 24
0.86×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BETR
BETR
MP
MP
Operating Cash FlowLast quarter
$-166.6M
$-46.9M
Free Cash FlowOCF − Capex
$-167.8M
$-109.3M
FCF MarginFCF / Revenue
-378.6%
-207.4%
Capex IntensityCapex / Revenue
2.7%
118.5%
Cash ConversionOCF / Net Profit
-4.97×
TTM Free Cash FlowTrailing 4 quarters
$-277.9M
$-328.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BETR
BETR
MP
MP
Q4 25
$-166.6M
$-46.9M
Q3 25
$4.2M
$-42.0M
Q2 25
$-56.3M
$-3.7M
Q1 25
$-57.2M
$-63.2M
Q4 24
$-380.0M
$30.5M
Q3 24
$-10.6M
$-6.8M
Q2 24
$-220.6M
$30.8M
Q1 24
$-42.8M
$-41.1M
Free Cash Flow
BETR
BETR
MP
MP
Q4 25
$-167.8M
$-109.3M
Q3 25
$4.0M
$-92.5M
Q2 25
$-56.7M
$-32.7M
Q1 25
$-57.4M
$-93.7M
Q4 24
$-383.4M
$-11.2M
Q3 24
$-11.7M
$-53.3M
Q2 24
$-221.8M
$-15.6M
Q1 24
$-43.3M
$-93.0M
FCF Margin
BETR
BETR
MP
MP
Q4 25
-378.6%
-207.4%
Q3 25
9.1%
-172.8%
Q2 25
-128.5%
-56.9%
Q1 25
-176.3%
-154.0%
Q4 24
-1534.6%
-18.3%
Q3 24
-40.5%
-84.7%
Q2 24
-687.6%
-50.1%
Q1 24
-194.5%
-191.0%
Capex Intensity
BETR
BETR
MP
MP
Q4 25
2.7%
118.5%
Q3 25
0.5%
94.3%
Q2 25
0.9%
50.5%
Q1 25
0.6%
50.1%
Q4 24
13.6%
68.3%
Q3 24
4.1%
73.8%
Q2 24
3.9%
148.7%
Q1 24
2.1%
106.5%
Cash Conversion
BETR
BETR
MP
MP
Q4 25
-4.97×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-2.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BETR
BETR

Segment breakdown not available.

MP
MP

Materials Segment$35.6M68%
Other$17.1M32%

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