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Side-by-side financial comparison of CaliberCos Inc. (CWD) and Falcon's Beyond Global, Inc. (FBYD). Click either name above to swap in a different company.
Falcon's Beyond Global, Inc. is the larger business by last-quarter revenue ($6.6M vs $4.1M, roughly 1.6× CaliberCos Inc.). Falcon's Beyond Global, Inc. runs the higher net margin — -4.5% vs -188.3%, a 183.8% gap on every dollar of revenue. On growth, Falcon's Beyond Global, Inc. posted the faster year-over-year revenue change (383.5% vs -52.5%). Over the past eight quarters, Falcon's Beyond Global, Inc.'s revenue compounded faster (108.4% 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.
500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011. 500 Global has $2.3 billion in assets under management (AUM) as of March 2024.
CWD vs FBYD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.1M | $6.6M |
| Net Profit | $-7.7M | $-296.0K |
| Gross Margin | — | — |
| Operating Margin | -196.6% | -30.9% |
| Net Margin | -188.3% | -4.5% |
| Revenue YoY | -52.5% | 383.5% |
| Net Profit YoY | 32.2% | 97.5% |
| EPS (diluted) | $1.95 | $-0.01 |
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.
| Q4 25 | $4.1M | $6.6M | ||
| Q3 25 | $3.6M | $4.1M | ||
| Q2 25 | $5.1M | $2.5M | ||
| Q1 25 | $7.3M | $1.7M | ||
| Q4 24 | $8.7M | $1.4M | ||
| Q3 24 | $11.3M | $2.1M | ||
| Q2 24 | $8.2M | $1.8M | ||
| Q1 24 | $23.0M | $1.5M |
| Q4 25 | $-7.7M | $-296.0K | ||
| Q3 25 | $-4.4M | $-10.4M | ||
| Q2 25 | $-5.3M | $25.1M | ||
| Q1 25 | $-4.4M | $-8.1M | ||
| Q4 24 | $-11.4M | $-11.9M | ||
| Q3 24 | $146.0K | $39.3M | ||
| Q2 24 | $-4.7M | $8.0M | ||
| Q1 24 | $-3.8M | $114.0M |
| Q4 25 | -196.6% | -30.9% | ||
| Q3 25 | -129.6% | -90.9% | ||
| Q2 25 | -112.4% | -53.0% | ||
| Q1 25 | -62.7% | -371.1% | ||
| Q4 24 | -236.8% | -335.6% | ||
| Q3 24 | 0.0% | -118.9% | ||
| Q2 24 | -65.0% | -195.9% | ||
| Q1 24 | -22.9% | -350.5% |
| Q4 25 | -188.3% | -4.5% | ||
| Q3 25 | -120.2% | -256.8% | ||
| Q2 25 | -104.5% | 985.2% | ||
| Q1 25 | -60.7% | -473.8% | ||
| Q4 24 | -247.6% | -871.7% | ||
| Q3 24 | 1.3% | 1899.5% | ||
| Q2 24 | -57.8% | 446.5% | ||
| Q1 24 | -16.6% | 7521.4% |
| Q4 25 | $1.95 | $-0.01 | ||
| Q3 25 | $-1.65 | $-0.13 | ||
| Q2 25 | $-4.15 | $0.30 | ||
| Q1 25 | $-3.85 | $-0.13 | ||
| Q4 24 | $-10.15 | $-0.25 | ||
| Q3 24 | $0.12 | $0.39 | ||
| Q2 24 | $-4.34 | $0.00 | ||
| Q1 24 | $-3.53 | $1.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.9M | $1.9M |
| Total DebtLower is stronger | — | $15.6M |
| Stockholders' EquityBook value | $1.3M | $11.9M |
| Total Assets | $135.4M | $66.7M |
| Debt / EquityLower = less leverage | — | 1.31× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.9M | $1.9M | ||
| Q3 25 | $10.9M | $4.3M | ||
| Q2 25 | $683.0K | $26.1M | ||
| Q1 25 | $1.6M | $1.1M | ||
| Q4 24 | $2.3M | $825.0K | ||
| Q3 24 | $1.6M | $828.0K | ||
| Q2 24 | $1.8M | $1.7M | ||
| Q1 24 | $2.1M | $1.1M |
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $41.2M | ||
| Q3 24 | — | $10.3M | ||
| Q2 24 | — | $15.7M | ||
| Q1 24 | — | $15.1M |
| Q4 25 | $1.3M | $11.9M | ||
| Q3 25 | $4.2M | $9.2M | ||
| Q2 25 | $-19.9M | $414.0K | ||
| Q1 25 | $-15.8M | $-11.6M | ||
| Q4 24 | $-12.6M | $-9.0M | ||
| Q3 24 | $-3.8M | $-1.4M | ||
| Q2 24 | $-4.7M | $-44.7M | ||
| Q1 24 | $-745.0K | $-61.7M |
| Q4 25 | $135.4M | $66.7M | ||
| Q3 25 | $82.6M | $66.8M | ||
| Q2 25 | $59.3M | $89.2M | ||
| Q1 25 | $103.6M | $56.7M | ||
| Q4 24 | $105.5M | $61.2M | ||
| Q3 24 | $158.6M | $66.5M | ||
| Q2 24 | $195.2M | $65.9M | ||
| Q1 24 | $201.5M | $67.8M |
| Q4 25 | — | 1.31× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-12.1M | $-4.3M |
| Free Cash FlowOCF − Capex | — | $-4.3M |
| FCF MarginFCF / Revenue | — | -66.0% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.1M | $-4.3M | ||
| Q3 25 | $-4.6M | $-13.3M | ||
| Q2 25 | $-1.2M | $-7.9M | ||
| Q1 25 | $-1.7M | $945.0K | ||
| Q4 24 | $555.0K | $-3.8M | ||
| Q3 24 | $-74.0K | $-2.4M | ||
| Q2 24 | $1.4M | $-2.6M | ||
| Q1 24 | $-1.5M | $-3.8M |
| Q4 25 | — | $-4.3M | ||
| Q3 25 | — | $-13.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $853.0K | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | — | $-2.4M | ||
| Q2 24 | — | $-2.6M | ||
| Q1 24 | — | $-3.8M |
| Q4 25 | — | -66.0% | ||
| Q3 25 | — | -329.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 49.9% | ||
| Q4 24 | — | -278.7% | ||
| Q3 24 | — | -114.9% | ||
| Q2 24 | — | -145.6% | ||
| Q1 24 | — | -248.8% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.31× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.51× | -0.06× | ||
| Q2 24 | — | -0.33× | ||
| Q1 24 | — | -0.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
