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

EyePoint, Inc. is the larger business by last-quarter revenue ($5.3M vs $4.1M, roughly 1.3× CaliberCos Inc.). CaliberCos Inc. runs the higher net margin — -188.3% vs -1114.3%, a 926.0% gap on every dollar of revenue. On growth, EyePoint, Inc. posted the faster year-over-year revenue change (-43.7% vs -52.5%). Over the past eight quarters, EyePoint, Inc.'s revenue compounded faster (-40.8% CAGR vs -57.6%).

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.

EyePoint Pharmaceuticals Inc. is a Watertown, Massachusetts company specialising in the application of microelectromechanical systems (MEMS) and nanotechnology to drug delivery.

CWD vs EYPT — Head-to-Head

Bigger by revenue
EYPT
EYPT
1.3× larger
EYPT
$5.3M
$4.1M
CWD
Growing faster (revenue YoY)
EYPT
EYPT
+8.8% gap
EYPT
-43.7%
-52.5%
CWD
Higher net margin
CWD
CWD
926.0% more per $
CWD
-188.3%
-1114.3%
EYPT
Faster 2-yr revenue CAGR
EYPT
EYPT
Annualised
EYPT
-40.8%
-57.6%
CWD

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
CWD
CWD
EYPT
EYPT
Revenue
$4.1M
$5.3M
Net Profit
$-7.7M
$-59.4M
Gross Margin
Operating Margin
-196.6%
-1166.8%
Net Margin
-188.3%
-1114.3%
Revenue YoY
-52.5%
-43.7%
Net Profit YoY
32.2%
-92.8%
EPS (diluted)
$1.95
$-0.85

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
CWD
CWD
EYPT
EYPT
Q4 25
$4.1M
Q3 25
$3.6M
Q2 25
$5.1M
$5.3M
Q1 25
$7.3M
$24.5M
Q4 24
$8.7M
$11.6M
Q3 24
$11.3M
$10.5M
Q2 24
$8.2M
$9.5M
Q1 24
$23.0M
$11.7M
Net Profit
CWD
CWD
EYPT
EYPT
Q4 25
$-7.7M
Q3 25
$-4.4M
Q2 25
$-5.3M
$-59.4M
Q1 25
$-4.4M
$-45.2M
Q4 24
$-11.4M
$-41.4M
Q3 24
$146.0K
$-29.4M
Q2 24
$-4.7M
$-30.8M
Q1 24
$-3.8M
$-29.3M
Gross Margin
CWD
CWD
EYPT
EYPT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
93.0%
Q2 24
85.2%
Q1 24
93.5%
Operating Margin
CWD
CWD
EYPT
EYPT
Q4 25
-196.6%
Q3 25
-129.6%
Q2 25
-112.4%
-1166.8%
Q1 25
-62.7%
-199.7%
Q4 24
-236.8%
-390.4%
Q3 24
0.0%
-311.2%
Q2 24
-65.0%
-364.5%
Q1 24
-22.9%
-285.2%
Net Margin
CWD
CWD
EYPT
EYPT
Q4 25
-188.3%
Q3 25
-120.2%
Q2 25
-104.5%
-1114.3%
Q1 25
-60.7%
-184.8%
Q4 24
-247.6%
-357.3%
Q3 24
1.3%
-279.0%
Q2 24
-57.8%
-325.3%
Q1 24
-16.6%
-250.6%
EPS (diluted)
CWD
CWD
EYPT
EYPT
Q4 25
$1.95
Q3 25
$-1.65
Q2 25
$-4.15
$-0.85
Q1 25
$-3.85
$-0.65
Q4 24
$-10.15
$-0.65
Q3 24
$0.12
$-0.54
Q2 24
$-4.34
$-0.58
Q1 24
$-3.53
$-0.55

Balance Sheet & Financial Strength

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

Metric
CWD
CWD
EYPT
EYPT
Cash + ST InvestmentsLiquidity on hand
$2.9M
$255.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3M
$246.0M
Total Assets
$135.4M
$301.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWD
CWD
EYPT
EYPT
Q4 25
$2.9M
Q3 25
$10.9M
Q2 25
$683.0K
$255.7M
Q1 25
$1.6M
$318.2M
Q4 24
$2.3M
$370.9M
Q3 24
$1.6M
$253.8M
Q2 24
$1.8M
$280.2M
Q1 24
$2.1M
$299.3M
Stockholders' Equity
CWD
CWD
EYPT
EYPT
Q4 25
$1.3M
Q3 25
$4.2M
Q2 25
$-19.9M
$246.0M
Q1 25
$-15.8M
$298.4M
Q4 24
$-12.6M
$336.5M
Q3 24
$-3.8M
$218.7M
Q2 24
$-4.7M
$228.3M
Q1 24
$-745.0K
$249.9M
Total Assets
CWD
CWD
EYPT
EYPT
Q4 25
$135.4M
Q3 25
$82.6M
Q2 25
$59.3M
$301.1M
Q1 25
$103.6M
$362.6M
Q4 24
$105.5M
$418.5M
Q3 24
$158.6M
$300.9M
Q2 24
$195.2M
$324.2M
Q1 24
$201.5M
$329.2M

Cash Flow & Capital Efficiency

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

Metric
CWD
CWD
EYPT
EYPT
Operating Cash FlowLast quarter
$-12.1M
$-62.6M
Free Cash FlowOCF − Capex
$-63.8M
FCF MarginFCF / Revenue
-1196.5%
Capex IntensityCapex / Revenue
22.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-194.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWD
CWD
EYPT
EYPT
Q4 25
$-12.1M
Q3 25
$-4.6M
Q2 25
$-1.2M
$-62.6M
Q1 25
$-1.7M
$-53.1M
Q4 24
$555.0K
$-35.8M
Q3 24
$-74.0K
$-39.0M
Q2 24
$1.4M
$-20.2M
Q1 24
$-1.5M
$-31.2M
Free Cash Flow
CWD
CWD
EYPT
EYPT
Q4 25
Q3 25
Q2 25
$-63.8M
Q1 25
$-53.4M
Q4 24
$-36.2M
Q3 24
$-40.6M
Q2 24
$-21.1M
Q1 24
$-32.4M
FCF Margin
CWD
CWD
EYPT
EYPT
Q4 25
Q3 25
Q2 25
-1196.5%
Q1 25
-218.4%
Q4 24
-312.7%
Q3 24
-385.8%
Q2 24
-222.4%
Q1 24
-277.0%
Capex Intensity
CWD
CWD
EYPT
EYPT
Q4 25
Q3 25
Q2 25
22.9%
Q1 25
1.1%
Q4 24
3.3%
Q3 24
15.0%
Q2 24
9.5%
Q1 24
10.2%
Cash Conversion
CWD
CWD
EYPT
EYPT
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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