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Side-by-side financial comparison of CaliberCos Inc. (CWD) and Healthcare Triangle, Inc. (HCTI). Click either name above to swap in a different company.
CaliberCos Inc. is the larger business by last-quarter revenue ($4.1M vs $3.1M, roughly 1.3× Healthcare Triangle, Inc.). Healthcare Triangle, Inc. runs the higher net margin — -143.4% vs -188.3%, a 44.9% gap on every dollar of revenue. On growth, Healthcare Triangle, Inc. posted the faster year-over-year revenue change (43.4% vs -52.5%). Over the past eight quarters, Healthcare Triangle, Inc.'s revenue compounded faster (-12.6% 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.
Healthcare Triangle, Inc. is a healthcare technology firm that delivers cloud-native data management platforms, AI-powered clinical analytics, and digital workflow solutions. It serves U.S. healthcare providers, payers, and life science organizations, supporting clinical decision-making, care coordination, and operational efficiency across the care continuum.
CWD vs HCTI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.1M | $3.1M |
| Net Profit | $-7.7M | $-4.5M |
| Gross Margin | — | — |
| Operating Margin | -196.6% | -141.4% |
| Net Margin | -188.3% | -143.4% |
| Revenue YoY | -52.5% | 43.4% |
| Net Profit YoY | 32.2% | -234.0% |
| EPS (diluted) | $1.95 | $-151.13 |
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 | $3.1M | ||
| Q3 25 | $3.6M | $3.5M | ||
| Q2 25 | $5.1M | $3.6M | ||
| Q1 25 | $7.3M | $3.7M | ||
| Q4 24 | $8.7M | $2.2M | ||
| Q3 24 | $11.3M | $2.4M | ||
| Q2 24 | $8.2M | $3.0M | ||
| Q1 24 | $23.0M | $4.1M |
| Q4 25 | $-7.7M | $-4.5M | ||
| Q3 25 | $-4.4M | $-1.9M | ||
| Q2 25 | $-5.3M | $-1.4M | ||
| Q1 25 | $-4.4M | $-1.7M | ||
| Q4 24 | $-11.4M | $-1.3M | ||
| Q3 24 | $146.0K | $-1.2M | ||
| Q2 24 | $-4.7M | $-1.5M | ||
| Q1 24 | $-3.8M | $-1.9M |
| Q4 25 | -196.6% | -141.4% | ||
| Q3 25 | -129.6% | -74.3% | ||
| Q2 25 | -112.4% | -38.2% | ||
| Q1 25 | -62.7% | -37.7% | ||
| Q4 24 | -236.8% | -22.5% | ||
| Q3 24 | 0.0% | -48.4% | ||
| Q2 24 | -65.0% | -46.2% | ||
| Q1 24 | -22.9% | -41.7% |
| Q4 25 | -188.3% | -143.4% | ||
| Q3 25 | -120.2% | -54.6% | ||
| Q2 25 | -104.5% | -38.4% | ||
| Q1 25 | -60.7% | -45.9% | ||
| Q4 24 | -247.6% | -61.6% | ||
| Q3 24 | 1.3% | -51.8% | ||
| Q2 24 | -57.8% | -50.6% | ||
| Q1 24 | -16.6% | -45.3% |
| Q4 25 | $1.95 | $-151.13 | ||
| Q3 25 | $-1.65 | $-0.42 | ||
| Q2 25 | $-4.15 | $-0.58 | ||
| Q1 25 | $-3.85 | $-0.17 | ||
| Q4 24 | $-10.15 | $-16783.38 | ||
| Q3 24 | $0.12 | $-54.78 | ||
| Q2 24 | $-4.34 | $-70.72 | ||
| Q1 24 | $-3.53 | $-0.42 |
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 | $7.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3M | $9.9M |
| Total Assets | $135.4M | $22.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.9M | $7.6M | ||
| Q3 25 | $10.9M | $1.6M | ||
| Q2 25 | $683.0K | — | ||
| Q1 25 | $1.6M | $6.8M | ||
| Q4 24 | $2.3M | $20.0K | ||
| Q3 24 | $1.6M | $28.0K | ||
| Q2 24 | $1.8M | $29.0K | ||
| Q1 24 | $2.1M | $301.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $888.0K |
| Q4 25 | $1.3M | $9.9M | ||
| Q3 25 | $4.2M | $8.7M | ||
| Q2 25 | $-19.9M | $10.2M | ||
| Q1 25 | $-15.8M | $8.6M | ||
| Q4 24 | $-12.6M | $-5.1M | ||
| Q3 24 | $-3.8M | $-1.8M | ||
| Q2 24 | $-4.7M | $-646.0K | ||
| Q1 24 | $-745.0K | $-511.0K |
| Q4 25 | $135.4M | $22.7M | ||
| Q3 25 | $82.6M | $13.8M | ||
| Q2 25 | $59.3M | $14.6M | ||
| Q1 25 | $103.6M | $11.8M | ||
| Q4 24 | $105.5M | $2.0M | ||
| Q3 24 | $158.6M | $4.8M | ||
| Q2 24 | $195.2M | $6.0M | ||
| Q1 24 | $201.5M | $6.9M |
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 | $-6.8M |
| 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.
| Q4 25 | $-12.1M | $-6.8M | ||
| Q3 25 | $-4.6M | $-1.5M | ||
| Q2 25 | $-1.2M | $-2.6M | ||
| Q1 25 | $-1.7M | $-5.6M | ||
| Q4 24 | $555.0K | $-811.0K | ||
| Q3 24 | $-74.0K | $715.0K | ||
| Q2 24 | $1.4M | $-935.0K | ||
| Q1 24 | $-1.5M | $-50.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | $-1.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -43.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| 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.
Revenue Breakdown by Segment
CWD
Segment breakdown not available.
HCTI
| Software Services | $2.4M | 78% |
| Managed Services And Support | $609.0K | 19% |
| Other | $88.0K | 3% |
