CaliberCos (CWD) Operating Expenses (2022 - 2026)
CaliberCos (CWD) posted quarterly Operating Expenses of $7.0 million for Q1 2026, down 28.68% year-over-year from $9.9 million in Q1 2025, and down 57.86% quarter-over-quarter from $16.7 million in Q4 2025.
CaliberCos (CWD) Operating Expenses (2022 - 2026) Analysis & Trends
CaliberCos' Operating Expenses history runs 5 years deep, the most recent figure standing at $7.0 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 28.68% year-over-year to $7.0 million; the TTM figure through Mar 2026 stood at $32.9 million (down 29.96% YoY), while the FY2025 annual figure was $27.7 million, down 57.05% from the prior year.
- Operating Expenses for Q1 2026 stood at $7.0 million, down from $16.7 million in the prior quarter.
- The five-year high for Operating Expenses was $31.4 million in Q2 2023, with the low at $3.7 million in Q2 2025.
- The 5-year median for Operating Expenses is $20.5 million (2022), against an average of $18.8 million.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 53.46% in 2023, then plunged 70.99% in 2025.
- CaliberCos' Operating Expenses stood at $26.3 million in 2022, then gained by 16.39% to $30.7 million in 2023, then slumped by 54.21% to $14.0 million in 2024, then rose by 18.97% to $16.7 million in 2025, then tumbled by 57.86% to $7.0 million in 2026.
- Business Quant data shows CWD's Operating Expenses at $7.0 million in Q1 2026, $16.7 million in Q4 2025, and $5.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 4.62 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 2.38 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 5.41 Bn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 3.18 Bn |
| 10 | CaliberCos | 4.68 Mn | 4.68 Mn | 4.19 Mn | 8.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.04 Mn |
| Dec 31, 2025 | 16.71 Mn |
| Sep 30, 2025 | 5.50 Mn |
| Jun 30, 2025 | 3.67 Mn |
| Mar 31, 2025 | 9.87 Mn |
| Dec 31, 2024 | 14.04 Mn |
| Sep 30, 2024 | 10.43 Mn |
| Jun 30, 2024 | 12.66 Mn |
| Mar 31, 2024 | 27.31 Mn |
| Dec 31, 2023 | 30.67 Mn |
| Sep 30, 2023 | 28.43 Mn |
| Jun 30, 2023 | 31.41 Mn |
| Mar 31, 2023 | 29.01 Mn |
| Dec 31, 2022 | 26.35 Mn |
| Sep 30, 2022 | 21.39 Mn |
| Jun 30, 2022 | 20.47 Mn |
| Mar 31, 2022 | 24.21 Mn |