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

Target Hospitality Corp. is the larger business by last-quarter revenue ($73.5M vs $44.3M, roughly 1.7× Better Home & Finance Holding Co). Target Hospitality Corp. runs the higher net margin — -20.3% vs -3349.0%, a 3328.7% gap on every dollar of revenue. On growth, Better Home & Finance Holding Co posted the faster year-over-year revenue change (77.4% vs 22.0%). Over the past eight quarters, Better Home & Finance Holding Co's revenue compounded faster (41.1% CAGR vs 0.7%).

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.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

BETR vs TH — Head-to-Head

Bigger by revenue
TH
TH
1.7× larger
TH
$73.5M
$44.3M
BETR
Growing faster (revenue YoY)
BETR
BETR
+55.4% gap
BETR
77.4%
22.0%
TH
Higher net margin
TH
TH
3328.7% more per $
TH
-20.3%
-3349.0%
BETR
Faster 2-yr revenue CAGR
BETR
BETR
Annualised
BETR
41.1%
0.7%
TH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BETR
BETR
TH
TH
Revenue
$44.3M
$73.5M
Net Profit
$-39.9M
$-14.9M
Gross Margin
9.6%
Operating Margin
-3376.8%
-22.9%
Net Margin
-3349.0%
-20.3%
Revenue YoY
77.4%
22.0%
Net Profit YoY
32.6%
-219.1%
EPS (diluted)
$-2.52
$-0.14

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
TH
TH
Q4 25
$44.3M
$73.5M
Q3 25
$43.9M
$91.6M
Q2 25
$44.1M
$54.9M
Q1 25
$32.6M
$54.9M
Q4 24
$25.0M
$60.2M
Q3 24
$29.0M
$65.8M
Q2 24
$32.3M
$67.5M
Q1 24
$22.3M
$72.4M
Net Profit
BETR
BETR
TH
TH
Q4 25
$-39.9M
$-14.9M
Q3 25
$-39.1M
$-795.0K
Q2 25
$-36.3M
$-14.9M
Q1 25
$-50.6M
$-6.5M
Q4 24
$-59.2M
$12.5M
Q3 24
$-54.2M
$20.0M
Q2 24
$-41.4M
$18.4M
Q1 24
$-51.5M
$20.4M
Gross Margin
BETR
BETR
TH
TH
Q4 25
9.6%
Q3 25
19.6%
Q2 25
-0.6%
Q1 25
32.7%
Q4 24
61.5%
Q3 24
68.7%
Q2 24
69.4%
Q1 24
67.8%
Operating Margin
BETR
BETR
TH
TH
Q4 25
-3376.8%
-22.9%
Q3 25
-88.9%
0.1%
Q2 25
-81.9%
-30.8%
Q1 25
-154.9%
-2.0%
Q4 24
-1428.3%
34.5%
Q3 24
-186.5%
42.5%
Q2 24
-127.6%
43.8%
Q1 24
-230.8%
42.0%
Net Margin
BETR
BETR
TH
TH
Q4 25
-3349.0%
-20.3%
Q3 25
-89.2%
-0.9%
Q2 25
-82.2%
-27.2%
Q1 25
-155.3%
-11.8%
Q4 24
-1437.5%
20.8%
Q3 24
-187.0%
30.4%
Q2 24
-128.2%
27.2%
Q1 24
-231.4%
28.2%
EPS (diluted)
BETR
BETR
TH
TH
Q4 25
$-2.52
$-0.14
Q3 25
$-2.56
$-0.01
Q2 25
$-2.39
$-0.15
Q1 25
$-3.33
$-0.07
Q4 24
$-3.92
$0.12
Q3 24
$-3.58
$0.20
Q2 24
$-2.74
$0.18
Q1 24
$-3.41
$0.20

Balance Sheet & Financial Strength

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

Metric
BETR
BETR
TH
TH
Cash + ST InvestmentsLiquidity on hand
$203.4M
$8.3M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$37.2M
$389.3M
Total Assets
$1.5B
$530.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BETR
BETR
TH
TH
Q4 25
$203.4M
$8.3M
Q3 25
$205.8M
$30.4M
Q2 25
$221.5M
$19.2M
Q1 25
$228.0M
$34.5M
Q4 24
$264.9M
$190.7M
Q3 24
$262.1M
$177.7M
Q2 24
$378.8M
$154.3M
Q1 24
$482.6M
$124.3M
Total Debt
BETR
BETR
TH
TH
Q4 25
$1.7M
Q3 25
$2.0M
Q2 25
$26.3M
Q1 25
$42.9M
Q4 24
$1.5M
Q3 24
$994.0K
Q2 24
$1.1M
Q1 24
$179.9M
Stockholders' Equity
BETR
BETR
TH
TH
Q4 25
$37.2M
$389.3M
Q3 25
$41.9M
$402.4M
Q2 25
$76.6M
$401.3M
Q1 25
$-102.1M
$415.3M
Q4 24
$-58.2M
$421.1M
Q3 24
$388.0K
$417.6M
Q2 24
$44.9M
$397.2M
Q1 24
$76.3M
$375.5M
Total Assets
BETR
BETR
TH
TH
Q4 25
$1.5B
$530.2M
Q3 25
$1.4B
$541.2M
Q2 25
$1.2B
$533.7M
Q1 25
$1.0B
$562.5M
Q4 24
$913.1M
$725.8M
Q3 24
$845.2M
$709.8M
Q2 24
$957.9M
$697.0M
Q1 24
$841.6M
$687.2M
Debt / Equity
BETR
BETR
TH
TH
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.07×
Q1 25
0.10×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.48×

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
TH
TH
Operating Cash FlowLast quarter
$-166.6M
$5.7M
Free Cash FlowOCF − Capex
$-167.8M
FCF MarginFCF / Revenue
-378.6%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-277.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BETR
BETR
TH
TH
Q4 25
$-166.6M
$5.7M
Q3 25
$4.2M
$53.4M
Q2 25
$-56.3M
$11.1M
Q1 25
$-57.2M
$3.9M
Q4 24
$-380.0M
$30.6M
Q3 24
$-10.6M
$31.4M
Q2 24
$-220.6M
$39.1M
Q1 24
$-42.8M
$50.6M
Free Cash Flow
BETR
BETR
TH
TH
Q4 25
$-167.8M
Q3 25
$4.0M
Q2 25
$-56.7M
Q1 25
$-57.4M
$-11.6M
Q4 24
$-383.4M
Q3 24
$-11.7M
Q2 24
$-221.8M
Q1 24
$-43.3M
FCF Margin
BETR
BETR
TH
TH
Q4 25
-378.6%
Q3 25
9.1%
Q2 25
-128.5%
Q1 25
-176.3%
-21.1%
Q4 24
-1534.6%
Q3 24
-40.5%
Q2 24
-687.6%
Q1 24
-194.5%
Capex Intensity
BETR
BETR
TH
TH
Q4 25
2.7%
Q3 25
0.5%
Q2 25
0.9%
Q1 25
0.6%
28.2%
Q4 24
13.6%
Q3 24
4.1%
Q2 24
3.9%
Q1 24
2.1%
Cash Conversion
BETR
BETR
TH
TH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.44×
Q3 24
1.57×
Q2 24
2.13×
Q1 24
2.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BETR
BETR

Segment breakdown not available.

TH
TH

Services$40.9M56%
Hospitality And Facilities Services South$32.6M44%

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