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Side-by-side financial comparison of Better Home & Finance Holding Co (BETR) and Spok Holdings, Inc (SPOK). Click either name above to swap in a different company.
Better Home & Finance Holding Co is the larger business by last-quarter revenue ($44.3M vs $33.9M, roughly 1.3× Spok Holdings, Inc). Spok Holdings, Inc runs the higher net margin — 8.7% vs -3349.0%, a 3357.6% gap on every dollar of revenue. On growth, Better Home & Finance Holding Co posted the faster year-over-year revenue change (77.4% vs -0.1%). Spok Holdings, Inc produced more free cash flow last quarter ($10.1M vs $-167.8M). Over the past eight quarters, Better Home & Finance Holding Co's revenue compounded faster (41.1% CAGR vs -1.5%).
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.
Spok Holdings, Inc. is a global provider of critical communication solutions primarily serving the healthcare industry. It offers unified clinical communication platforms, secure messaging tools, alerting systems, and on-call scheduling software that help care teams coordinate efficiently, cut response times, and boost patient safety across medical facilities.
BETR vs SPOK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $44.3M | $33.9M |
| Net Profit | $-39.9M | $2.9M |
| Gross Margin | — | 76.7% |
| Operating Margin | -3376.8% | 11.6% |
| Net Margin | -3349.0% | 8.7% |
| Revenue YoY | 77.4% | -0.1% |
| Net Profit YoY | 32.6% | -19.6% |
| EPS (diluted) | $-2.52 | $0.13 |
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.
| Q4 25 | $44.3M | $33.9M | ||
| Q3 25 | $43.9M | $33.9M | ||
| Q2 25 | $44.1M | $35.7M | ||
| Q1 25 | $32.6M | $36.3M | ||
| Q4 24 | $25.0M | $33.9M | ||
| Q3 24 | $29.0M | $34.9M | ||
| Q2 24 | $32.3M | $34.0M | ||
| Q1 24 | $22.3M | $34.9M |
| Q4 25 | $-39.9M | $2.9M | ||
| Q3 25 | $-39.1M | $3.2M | ||
| Q2 25 | $-36.3M | $4.6M | ||
| Q1 25 | $-50.6M | $5.2M | ||
| Q4 24 | $-59.2M | $3.6M | ||
| Q3 24 | $-54.2M | $3.7M | ||
| Q2 24 | $-41.4M | $3.4M | ||
| Q1 24 | $-51.5M | $4.2M |
| Q4 25 | — | 76.7% | ||
| Q3 25 | — | 78.3% | ||
| Q2 25 | — | 79.5% | ||
| Q1 25 | — | 80.1% | ||
| Q4 24 | — | 78.5% | ||
| Q3 24 | — | 79.5% | ||
| Q2 24 | — | 78.9% | ||
| Q1 24 | — | 79.5% |
| Q4 25 | -3376.8% | 11.6% | ||
| Q3 25 | -88.9% | 12.9% | ||
| Q2 25 | -81.9% | 15.1% | ||
| Q1 25 | -154.9% | 16.6% | ||
| Q4 24 | -1428.3% | 13.7% | ||
| Q3 24 | -186.5% | 14.2% | ||
| Q2 24 | -127.6% | 13.2% | ||
| Q1 24 | -230.8% | 14.0% |
| Q4 25 | -3349.0% | 8.7% | ||
| Q3 25 | -89.2% | 9.5% | ||
| Q2 25 | -82.2% | 12.8% | ||
| Q1 25 | -155.3% | 14.3% | ||
| Q4 24 | -1437.5% | 10.8% | ||
| Q3 24 | -187.0% | 10.5% | ||
| Q2 24 | -128.2% | 10.1% | ||
| Q1 24 | -231.4% | 12.1% |
| Q4 25 | $-2.52 | $0.13 | ||
| Q3 25 | $-2.56 | $0.15 | ||
| Q2 25 | $-2.39 | $0.22 | ||
| Q1 25 | $-3.33 | $0.25 | ||
| Q4 24 | $-3.92 | $0.17 | ||
| Q3 24 | $-3.58 | $0.18 | ||
| Q2 24 | $-2.74 | $0.17 | ||
| Q1 24 | $-3.41 | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $203.4M | $25.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $37.2M | $146.4M |
| Total Assets | $1.5B | $206.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $203.4M | $25.3M | ||
| Q3 25 | $205.8M | $21.4M | ||
| Q2 25 | $221.5M | $20.2M | ||
| Q1 25 | $228.0M | $19.9M | ||
| Q4 24 | $264.9M | $29.1M | ||
| Q3 24 | $262.1M | $27.8M | ||
| Q2 24 | $378.8M | $23.9M | ||
| Q1 24 | $482.6M | $23.3M |
| Q4 25 | $37.2M | $146.4M | ||
| Q3 25 | $41.9M | $148.7M | ||
| Q2 25 | $76.6M | $150.9M | ||
| Q1 25 | $-102.1M | $151.7M | ||
| Q4 24 | $-58.2M | $154.7M | ||
| Q3 24 | $388.0K | $156.3M | ||
| Q2 24 | $44.9M | $158.2M | ||
| Q1 24 | $76.3M | $160.2M |
| Q4 25 | $1.5B | $206.1M | ||
| Q3 25 | $1.4B | $209.7M | ||
| Q2 25 | $1.2B | $208.7M | ||
| Q1 25 | $1.0B | $204.5M | ||
| Q4 24 | $913.1M | $217.1M | ||
| Q3 24 | $845.2M | $216.8M | ||
| Q2 24 | $957.9M | $216.4M | ||
| Q1 24 | $841.6M | $215.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-166.6M | $11.5M |
| Free Cash FlowOCF − Capex | $-167.8M | $10.1M |
| FCF MarginFCF / Revenue | -378.6% | 29.9% |
| Capex IntensityCapex / Revenue | 2.7% | 4.1% |
| Cash ConversionOCF / Net Profit | — | 3.93× |
| TTM Free Cash FlowTrailing 4 quarters | $-277.9M | $25.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-166.6M | $11.5M | ||
| Q3 25 | $4.2M | $8.1M | ||
| Q2 25 | $-56.3M | $7.0M | ||
| Q1 25 | $-57.2M | $2.3M | ||
| Q4 24 | $-380.0M | $8.4M | ||
| Q3 24 | $-10.6M | $11.1M | ||
| Q2 24 | $-220.6M | $7.4M | ||
| Q1 24 | $-42.8M | $2.0M |
| Q4 25 | $-167.8M | $10.1M | ||
| Q3 25 | $4.0M | $7.6M | ||
| Q2 25 | $-56.7M | $6.0M | ||
| Q1 25 | $-57.4M | $1.5M | ||
| Q4 24 | $-383.4M | $7.5M | ||
| Q3 24 | $-11.7M | $10.3M | ||
| Q2 24 | $-221.8M | $6.8M | ||
| Q1 24 | $-43.3M | $1.1M |
| Q4 25 | -378.6% | 29.9% | ||
| Q3 25 | 9.1% | 22.4% | ||
| Q2 25 | -128.5% | 16.8% | ||
| Q1 25 | -176.3% | 4.2% | ||
| Q4 24 | -1534.6% | 22.3% | ||
| Q3 24 | -40.5% | 29.4% | ||
| Q2 24 | -687.6% | 20.0% | ||
| Q1 24 | -194.5% | 3.2% |
| Q4 25 | 2.7% | 4.1% | ||
| Q3 25 | 0.5% | 1.6% | ||
| Q2 25 | 0.9% | 2.9% | ||
| Q1 25 | 0.6% | 2.1% | ||
| Q4 24 | 13.6% | 2.5% | ||
| Q3 24 | 4.1% | 2.4% | ||
| Q2 24 | 3.9% | 1.9% | ||
| Q1 24 | 2.1% | 2.5% |
| Q4 25 | — | 3.93× | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | — | 1.55× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 2.31× | ||
| Q3 24 | — | 3.03× | ||
| Q2 24 | — | 2.17× | ||
| Q1 24 | — | 0.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BETR
Segment breakdown not available.
SPOK
| Paging | $16.8M | 50% |
| Software Operations | $16.0M | 47% |
| License | $1.2M | 4% |
