CaliberCos (CWD) Operating Expenses (2022 - 2026)
CaliberCos (CWD) posted Operating Expenses of $8.35 million for Q2 2026, up 20.9% from $6.9 million a year earlier and up 18.6% from the prior quarter.
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Analysis
CaliberCos (CWD) Operating Expenses (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at CaliberCos was $26.28 million, down 36.3% year-over-year; for FY2025, it came in at $27.67 million, down 57.1% from FY2024.
- Annual Operating Expenses shows a three-year compound annual growth rate of -33.1% (FY2022 to FY2025).
- In prior years, CaliberCos' Operating Expenses was $64.43 million in FY2024 (-46.1%), $119.51 million in FY2023 (+29.3%) and $92.41 million in FY2022.
- The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q1 2025.
- On a year-over-year basis, Operating Expenses increased in 1 of the last eight quarters, with an average decline of 42.9%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2023, with growth of 53.5%; the weakest was Q1 2025, with a decline of 63.9%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $7.04 million (Q1 2026), $5.4 million (Q4 2025) and $5.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | 149.76 Mn |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 2.38 Bn |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 5.41 Bn |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | 14.94 Bn |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 659.00 Mn |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 8.74 Bn |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 133.83 Mn |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 7.80 Mn |
| 10 | CaliberCos | 6.54 Mn | 42.70 Mn | 4.19 Mn | 8.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.35 Mn |
| Mar 31, 2026 | 7.04 Mn |
| Dec 31, 2025 | 5.40 Mn |
| Sep 30, 2025 | 5.50 Mn |
| Jun 30, 2025 | 6.90 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 |
API Access
CaliberCos Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CWD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CWD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();