Growth Metrics

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

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DateValue
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