CaliberCos Q1 platform revenue rises 16%, EBITDA loss narrows

CaliberCos

13/05/2026 21:27

Corrects Q1 net income to -$3.6 mln from -$4.34 mln in Key Details table

Overview

US real estate and digital asset manager's Q1 platform revenue grew 16% yr/yr

Platform Adjusted EBITDA loss narrowed to $0.3 mln, reflecting progress toward break-even

Company reaffirmed 2026 guidance and highlighted milestones in capital formation and project financing

Outlook

Caliber reaffirms 2026 revenue guidance of $18.0 mln to $22.0 mln

Company expects positive net operating income and Adjusted EBITDA profitability in 2026

Caliber anticipates 2026 revenue to be weighted toward the second half of the year

Result Drivers

ASSET MANAGEMENT FEES - Platform revenue growth was driven by higher asset management fees, including a nonrecurring fee

CAPITAL FORMATION AND PROJECT FINANCING - Company said execution across capital formation and project financing initiatives contributed to narrowing Platform Adjusted EBITDA loss

DIGITAL ASSET SALES - Proceeds from LINK token sales were redeployed to support project-level financings, including the Steamboat Hyatt Studios development

Company press release: ID:nGNX5hx3R4

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
-$3.6 mln
Q1 Platform Adjusted EBITDA
-$338,000


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)