---
schema_version: "secwatch.filing_event.v1"
accession: "0001627282-25-000096"
form_type: "8-K"
ticker: "CWD"
cik: "0001627282"
company_name: "CaliberCos Inc."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:13:46.942907+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Caliber Q2 2025 Platform net loss $4.9M; Adjusted EBITDA loss narrows to $0.1M

## Summary
- Platform revenue $4.1M (flat vs $4.2M YoY); no performance allocations earned.
- Platform net loss $4.9M ($3.87 diluted EPS) vs $4.6M loss ($4.25 EPS) YoY.
- Platform Adjusted EBITDA loss improved to $0.1M from $2.5M loss YoY; targets H2 2025 profitability.
- Consolidated revenue $5.1M (down from $8.2M) due to fund deconsolidations; Adj. EBITDA positive $0.1M.
- Business milestones: Phoenix Canyon Village approval, PURE Pickleball design approval, $22.5M Tucson hotel refinance.

## SEC filing metadata
- accession: 0001627282-25-000096
- form_type: 8-K
- ticker: CWD
- cik: 0001627282
- company_name: CaliberCos Inc.
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1627282/000162728225000096/0001627282-25-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1627282/000162728225000096/cwd-20250813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001627282-25-000096
- JSON: https://secwatch.observer/filing/0001627282-25-000096.json
- Plain text: https://secwatch.observer/filing/0001627282-25-000096.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.