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Side-by-side financial comparison of CaliberCos Inc. (CWD) and Solana Co (HSDT). Click either name above to swap in a different company.
Solana Co is the larger business by last-quarter revenue ($5.2M vs $4.1M, roughly 1.3× CaliberCos Inc.). Solana Co runs the higher net margin — 6227.1% vs -188.3%, a 6415.4% gap on every dollar of revenue. On growth, Solana Co posted the faster year-over-year revenue change (2725.9% vs -52.5%). Over the past eight quarters, Solana Co's revenue compounded faster (522.3% 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.
Solana is a Mexican cottage manufacturer of sports, racing, and kids' automobiles based in Mexico City. The family run company has operated since 1936, with a total production of fewer than fifty cars; the majority of them one-offs. The family is heavily involved in motor sports; the most prominent member was Moisés Solana, who raced family-built cars and later in Formula One.
CWD vs HSDT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.1M | $5.2M |
| Net Profit | $-7.7M | $325.6M |
| Gross Margin | — | 96.6% |
| Operating Margin | -196.6% | -3845.8% |
| Net Margin | -188.3% | 6227.1% |
| Revenue YoY | -52.5% | 2725.9% |
| Net Profit YoY | 32.2% | 8388.0% |
| EPS (diluted) | $1.95 | $111.28 |
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 | $5.2M | ||
| Q3 25 | $3.6M | $697.0K | ||
| Q2 25 | $5.1M | $43.0K | ||
| Q1 25 | $7.3M | $49.0K | ||
| Q4 24 | $8.7M | $185.0K | ||
| Q3 24 | $11.3M | $51.0K | ||
| Q2 24 | $8.2M | $182.0K | ||
| Q1 24 | $23.0M | $135.0K |
| Q4 25 | $-7.7M | $325.6M | ||
| Q3 25 | $-4.4M | $-352.8M | ||
| Q2 25 | $-5.3M | $-9.8M | ||
| Q1 25 | $-4.4M | $-3.8M | ||
| Q4 24 | $-11.4M | — | ||
| Q3 24 | $146.0K | $-3.7M | ||
| Q2 24 | $-4.7M | $-1.6M | ||
| Q1 24 | $-3.8M | $-2.5M |
| Q4 25 | — | 96.6% | ||
| Q3 25 | — | 85.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 16.8% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 35.2% | ||
| Q1 24 | — | 8.9% |
| Q4 25 | -196.6% | -3845.8% | ||
| Q3 25 | -129.6% | -5086.1% | ||
| Q2 25 | -112.4% | -7725.6% | ||
| Q1 25 | -62.7% | -8185.7% | ||
| Q4 24 | -236.8% | — | ||
| Q3 24 | 0.0% | -7980.4% | ||
| Q2 24 | -65.0% | -1796.7% | ||
| Q1 24 | -22.9% | -2530.4% |
| Q4 25 | -188.3% | 6227.1% | ||
| Q3 25 | -120.2% | -50612.3% | ||
| Q2 25 | -104.5% | -22867.4% | ||
| Q1 25 | -60.7% | -7832.7% | ||
| Q4 24 | -247.6% | — | ||
| Q3 24 | 1.3% | -7227.5% | ||
| Q2 24 | -57.8% | -885.7% | ||
| Q1 24 | -16.6% | -1863.7% |
| Q4 25 | $1.95 | $111.28 | ||
| Q3 25 | $-1.65 | $-32.89 | ||
| Q2 25 | $-4.15 | $-79.73 | ||
| Q1 25 | $-3.85 | $-0.51 | ||
| Q4 24 | $-10.15 | — | ||
| Q3 24 | $0.12 | $-744.35 | ||
| Q2 24 | $-4.34 | $-485.30 | ||
| Q1 24 | $-3.53 | $-3.08 |
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 | $7.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3M | $300.9M |
| Total Assets | $135.4M | $303.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.9M | $7.3M | ||
| Q3 25 | $10.9M | $124.1M | ||
| Q2 25 | $683.0K | $6.1M | ||
| Q1 25 | $1.6M | $1.1M | ||
| Q4 24 | $2.3M | $1.1M | ||
| Q3 24 | $1.6M | $3.5M | ||
| Q2 24 | $1.8M | $6.4M | ||
| Q1 24 | $2.1M | $3.6M |
| Q4 25 | $1.3M | $300.9M | ||
| Q3 25 | $4.2M | $-152.4M | ||
| Q2 25 | $-19.9M | $6.0M | ||
| Q1 25 | $-15.8M | $1.3M | ||
| Q4 24 | $-12.6M | $1.1M | ||
| Q3 24 | $-3.8M | $3.8M | ||
| Q2 24 | $-4.7M | $6.3M | ||
| Q1 24 | $-745.0K | $2.0M |
| Q4 25 | $135.4M | $303.9M | ||
| Q3 25 | $82.6M | $475.9M | ||
| Q2 25 | $59.3M | $7.9M | ||
| Q1 25 | $103.6M | $3.5M | ||
| Q4 24 | $105.5M | $3.5M | ||
| Q3 24 | $158.6M | $5.6M | ||
| Q2 24 | $195.2M | $8.8M | ||
| Q1 24 | $201.5M | $5.8M |
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 | $-16.5M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | -0.05× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.1M | $-16.5M | ||
| Q3 25 | $-4.6M | $-4.0M | ||
| Q2 25 | $-1.2M | $-2.8M | ||
| Q1 25 | $-1.7M | $-3.5M | ||
| Q4 24 | $555.0K | $-11.0M | ||
| Q3 24 | $-74.0K | $-2.8M | ||
| Q2 24 | $1.4M | $-2.9M | ||
| Q1 24 | $-1.5M | $-3.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-11.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-3.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -5970.8% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -2226.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 3.7% |
| Q4 25 | — | -0.05× | ||
| 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.
