CaliberCos (CWD) Operating Expenses (2022 - 2026)
CaliberCos' quarterly Operating Expenses came in at $7.0 million in Q1 2026, down 28.68% year-on-year from $9.9 million in Q1 2025, and up 30.35% quarter-over-quarter from $5.4 million in Q4 2025.
CaliberCos has reported Operating Expenses for 5 years, with the latest figure at $7.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 28.68% year-over-year to $7.0 million; the trailing twelve-month figure through Mar 2026 stood at $22.6 million (down 51.93% YoY), and the FY2025 full-year result was $27.7 million, down 57.05% from the prior year.
- Operating Expenses for Q1 2026 stood at $7.0 million, up from $5.4 million in the prior quarter.
- The five-year high for Operating Expenses was $31.4 million in Q2 2023, with the low at $3.3 million in Q3 2025.
- Average Operating Expenses over 5 years is $18.2 million, with a median of $20.5 million recorded in 2022.
- Year-over-year, Operating Expenses soared 53.46% in 2023 and tumbled 68.82% in 2025.
- Tracing CWD's Operating Expenses over 5 years: stood at $26.3 million in 2022, then climbed by 16.39% to $30.7 million in 2023, then slumped by 54.21% to $14.0 million in 2024, then plunged by 61.54% to $5.4 million in 2025, then jumped by 30.35% to $7.0 million in 2026.
- The last three Operating Expenses figures came in at $7.0 million (Q1 2026), $5.4 million (Q4 2025), and $3.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 3.88 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 2.26 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 3.87 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 4.68 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.81 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 3.67 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.51 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 1.17 Bn |
| 10 | CaliberCos | 6.48 Mn | 43.94 Mn | 4.10 Mn | 7.04 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 | 6.90 Mn |
| Mar 31, 2025 | 4.04 Mn |
| Dec 31, 2024 | 49.04 Mn |
| Sep 30, 2024 | 4.59 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 |