---
schema_version: "secwatch.filing_event.v1"
accession: "0001627282-26-000011"
form_type: "8-K"
ticker: "CWD"
cik: "0001627282"
company_name: "CaliberCos Inc."
filed_at: "2026-03-25T23:59:59+00:00"
generated_at: "2026-05-15T09:00:54.199663+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Caliber reports Q4 2025 Platform revenue $4.0M, net loss $7.7M; guides 2026 revenue $18M-$22M

## Summary
- Platform Q4 revenue $4.0M (down 13% YoY); net loss $7.7M ($1.24/share loss) vs $11.6M prior year.
- Full year 2025 Platform revenue $15.2M (down 27% YoY); net loss $21.2M ($7.50 loss per share).
- 2026 revenue guidance $18M-$22M; expects positive adjusted EBITDA and net operating income.
- Digital asset treasury of 562,535 LINK tokens valued at $6.9M; $5.1M unrealized loss in Q4.
- FV AUM $779.7M (-1.9% YoY); managed capital $517.2M (+5.0% YoY).

## SEC filing metadata
- accession: 0001627282-26-000011
- form_type: 8-K
- ticker: CWD
- cik: 0001627282
- company_name: CaliberCos Inc.
- filed_at: 2026-03-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1627282/000162728226000011/0001627282-26-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1627282/000162728226000011/cwd-20260325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001627282-26-000011
- JSON: https://secwatch.observer/filing/0001627282-26-000011.json
- Plain text: https://secwatch.observer/filing/0001627282-26-000011.txt

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