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Side-by-side financial comparison of Core AI Holdings, Inc. (CHAI) and CaliberCos Inc. (CWD). Click either name above to swap in a different company.

CaliberCos Inc. is the larger business by last-quarter revenue ($4.1M vs $3.7M, roughly 1.1× Core AI Holdings, Inc.). Core AI Holdings, Inc. runs the higher net margin — -145.7% vs -188.3%, a 42.6% gap on every dollar of revenue.

Inflection AI, Inc. is an American technology company which has developed machine learning and generative artificial intelligence hardware and apps, founded in 2022. The company is structured as a public benefit corporation and is headquartered in Palo Alto, California.

CaliberCos Inc. is a U.S.-headquartered alternative asset management firm focused primarily on real estate investments. It offers a diverse suite of investment vehicles covering commercial, residential, and industrial real estate assets, serving institutional investors, high-net-worth individuals, and retail clients across North America. It also delivers asset management, property operation, and value-add real estate development services to support consistent long-term returns for investors.

CHAI vs CWD — Head-to-Head

Bigger by revenue
CWD
CWD
1.1× larger
CWD
$4.1M
$3.7M
CHAI
Higher net margin
CHAI
CHAI
42.6% more per $
CHAI
-145.7%
-188.3%
CWD

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CHAI
CHAI
CWD
CWD
Revenue
$3.7M
$4.1M
Net Profit
$-5.4M
$-7.7M
Gross Margin
20.1%
Operating Margin
-135.2%
-196.6%
Net Margin
-145.7%
-188.3%
Revenue YoY
-52.5%
Net Profit YoY
32.2%
EPS (diluted)
$-1.74
$1.95

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHAI
CHAI
CWD
CWD
Q4 25
$4.1M
Q3 25
$3.7M
$3.6M
Q2 25
$5.1M
Q1 25
$7.3M
Q4 24
$8.7M
Q3 24
$11.3M
Q2 24
$8.2M
Q1 24
$23.0M
Net Profit
CHAI
CHAI
CWD
CWD
Q4 25
$-7.7M
Q3 25
$-5.4M
$-4.4M
Q2 25
$-5.3M
Q1 25
$-4.4M
Q4 24
$-11.4M
Q3 24
$146.0K
Q2 24
$-4.7M
Q1 24
$-3.8M
Gross Margin
CHAI
CHAI
CWD
CWD
Q4 25
Q3 25
20.1%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
CHAI
CHAI
CWD
CWD
Q4 25
-196.6%
Q3 25
-135.2%
-129.6%
Q2 25
-112.4%
Q1 25
-62.7%
Q4 24
-236.8%
Q3 24
0.0%
Q2 24
-65.0%
Q1 24
-22.9%
Net Margin
CHAI
CHAI
CWD
CWD
Q4 25
-188.3%
Q3 25
-145.7%
-120.2%
Q2 25
-104.5%
Q1 25
-60.7%
Q4 24
-247.6%
Q3 24
1.3%
Q2 24
-57.8%
Q1 24
-16.6%
EPS (diluted)
CHAI
CHAI
CWD
CWD
Q4 25
$1.95
Q3 25
$-1.74
$-1.65
Q2 25
$-4.15
Q1 25
$-3.85
Q4 24
$-10.15
Q3 24
$0.12
Q2 24
$-4.34
Q1 24
$-3.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHAI
CHAI
CWD
CWD
Cash + ST InvestmentsLiquidity on hand
$3.5M
$2.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$15.4M
$1.3M
Total Assets
$20.2M
$135.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHAI
CHAI
CWD
CWD
Q4 25
$2.9M
Q3 25
$3.5M
$10.9M
Q2 25
$683.0K
Q1 25
$1.6M
Q4 24
$2.3M
Q3 24
$1.6M
Q2 24
$1.8M
Q1 24
$2.1M
Stockholders' Equity
CHAI
CHAI
CWD
CWD
Q4 25
$1.3M
Q3 25
$15.4M
$4.2M
Q2 25
$-19.9M
Q1 25
$-15.8M
Q4 24
$-12.6M
Q3 24
$-3.8M
Q2 24
$-4.7M
Q1 24
$-745.0K
Total Assets
CHAI
CHAI
CWD
CWD
Q4 25
$135.4M
Q3 25
$20.2M
$82.6M
Q2 25
$59.3M
Q1 25
$103.6M
Q4 24
$105.5M
Q3 24
$158.6M
Q2 24
$195.2M
Q1 24
$201.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHAI
CHAI
CWD
CWD
Operating Cash FlowLast quarter
$-12.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHAI
CHAI
CWD
CWD
Q4 25
$-12.1M
Q3 25
$-4.6M
Q2 25
$-1.2M
Q1 25
$-1.7M
Q4 24
$555.0K
Q3 24
$-74.0K
Q2 24
$1.4M
Q1 24
$-1.5M
Cash Conversion
CHAI
CHAI
CWD
CWD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-0.51×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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