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Side-by-side financial comparison of CaliberCos Inc. (CWD) and FUEL TECH, INC. (FTEK). Click either name above to swap in a different company.
FUEL TECH, INC. is the larger business by last-quarter revenue ($7.2M vs $4.1M, roughly 1.8× CaliberCos Inc.). On growth, FUEL TECH, INC. posted the faster year-over-year revenue change (37.2% vs -52.5%). Over the past eight quarters, FUEL TECH, INC.'s revenue compounded faster (20.9% 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.
Rocket Fuel was an ad technology company based in Redwood City, California. It was founded in 2008 by alumni of Yahoo!.
CWD vs FTEK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.1M | $7.2M |
| Net Profit | $-7.7M | — |
| Gross Margin | — | 44.6% |
| Operating Margin | -196.6% | -19.7% |
| Net Margin | -188.3% | — |
| Revenue YoY | -52.5% | 37.2% |
| Net Profit YoY | 32.2% | — |
| EPS (diluted) | $1.95 | $-0.05 |
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 | $7.2M | ||
| Q3 25 | $3.6M | $7.5M | ||
| Q2 25 | $5.1M | $5.6M | ||
| Q1 25 | $7.3M | $6.4M | ||
| Q4 24 | $8.7M | $5.3M | ||
| Q3 24 | $11.3M | $7.9M | ||
| Q2 24 | $8.2M | $7.0M | ||
| Q1 24 | $23.0M | $5.0M |
| Q4 25 | $-7.7M | — | ||
| Q3 25 | $-4.4M | $303.0K | ||
| Q2 25 | $-5.3M | $-689.0K | ||
| Q1 25 | $-4.4M | $-739.0K | ||
| Q4 24 | $-11.4M | — | ||
| Q3 24 | $146.0K | $80.0K | ||
| Q2 24 | $-4.7M | $-421.0K | ||
| Q1 24 | $-3.8M | $281.0K |
| Q4 25 | — | 44.6% | ||
| Q3 25 | — | 48.9% | ||
| Q2 25 | — | 45.5% | ||
| Q1 25 | — | 46.4% | ||
| Q4 24 | — | 42.3% | ||
| Q3 24 | — | 43.4% | ||
| Q2 24 | — | 41.9% | ||
| Q1 24 | — | 40.9% |
| Q4 25 | -196.6% | -19.7% | ||
| Q3 25 | -129.6% | 0.1% | ||
| Q2 25 | -112.4% | -23.5% | ||
| Q1 25 | -62.7% | -14.9% | ||
| Q4 24 | -236.8% | -40.1% | ||
| Q3 24 | 0.0% | -2.3% | ||
| Q2 24 | -65.0% | -10.2% | ||
| Q1 24 | -22.9% | -34.1% |
| Q4 25 | -188.3% | — | ||
| Q3 25 | -120.2% | 4.0% | ||
| Q2 25 | -104.5% | -12.4% | ||
| Q1 25 | -60.7% | -11.6% | ||
| Q4 24 | -247.6% | — | ||
| Q3 24 | 1.3% | 1.0% | ||
| Q2 24 | -57.8% | -6.0% | ||
| Q1 24 | -16.6% | 5.7% |
| Q4 25 | $1.95 | $-0.05 | ||
| Q3 25 | $-1.65 | $0.01 | ||
| Q2 25 | $-4.15 | $-0.02 | ||
| Q1 25 | $-3.85 | $-0.02 | ||
| Q4 24 | $-10.15 | $-0.06 | ||
| Q3 24 | $0.12 | $0.00 | ||
| Q2 24 | $-4.34 | $-0.01 | ||
| Q1 24 | $-3.53 | $0.01 |
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 | $24.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3M | $39.9M |
| Total Assets | $135.4M | $47.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.9M | $24.9M | ||
| Q3 25 | $10.9M | $25.9M | ||
| Q2 25 | $683.0K | $23.0M | ||
| Q1 25 | $1.6M | $21.8M | ||
| Q4 24 | $2.3M | $18.7M | ||
| Q3 24 | $1.6M | $20.4M | ||
| Q2 24 | $1.8M | $20.1M | ||
| Q1 24 | $2.1M | $23.3M |
| Q4 25 | $1.3M | $39.9M | ||
| Q3 25 | $4.2M | $41.0M | ||
| Q2 25 | $-19.9M | $40.7M | ||
| Q1 25 | $-15.8M | $41.4M | ||
| Q4 24 | $-12.6M | $42.0M | ||
| Q3 24 | $-3.8M | $43.9M | ||
| Q2 24 | $-4.7M | $43.6M | ||
| Q1 24 | $-745.0K | $44.0M |
| Q4 25 | $135.4M | $47.2M | ||
| Q3 25 | $82.6M | $47.9M | ||
| Q2 25 | $59.3M | $47.0M | ||
| Q1 25 | $103.6M | $46.7M | ||
| Q4 24 | $105.5M | $48.8M | ||
| Q3 24 | $158.6M | $50.1M | ||
| Q2 24 | $195.2M | $49.0M | ||
| Q1 24 | $201.5M | $49.4M |
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 | $-1.6M |
| Free Cash FlowOCF − Capex | — | $-2.0M |
| FCF MarginFCF / Revenue | — | -27.7% |
| Capex IntensityCapex / Revenue | — | 6.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.1M | $-1.6M | ||
| Q3 25 | $-4.6M | $3.1M | ||
| Q2 25 | $-1.2M | $-21.0K | ||
| Q1 25 | $-1.7M | $1.5M | ||
| Q4 24 | $555.0K | $-1.6M | ||
| Q3 24 | $-74.0K | $879.0K | ||
| Q2 24 | $1.4M | $-1.6M | ||
| Q1 24 | $-1.5M | $-1.1M |
| Q4 25 | — | $-2.0M | ||
| Q3 25 | — | $3.0M | ||
| Q2 25 | — | $-57.0K | ||
| Q1 25 | — | $1.4M | ||
| Q4 24 | — | $-1.7M | ||
| Q3 24 | — | $767.0K | ||
| Q2 24 | — | $-1.7M | ||
| Q1 24 | — | $-1.2M |
| Q4 25 | — | -27.7% | ||
| Q3 25 | — | 39.6% | ||
| Q2 25 | — | -1.0% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | -32.4% | ||
| Q3 24 | — | 9.8% | ||
| Q2 24 | — | -23.8% | ||
| Q1 24 | — | -24.0% |
| Q4 25 | — | 6.1% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 2.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | 10.22× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.51× | 10.99× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -3.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CWD
Segment breakdown not available.
FTEK
| Transferred At Point In Time | $5.3M | 73% |
| Other | $2.0M | 27% |
