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Side-by-side financial comparison of CaliberCos Inc. (CWD) and MANHATTAN BRIDGE CAPITAL, INC (LOAN). Click either name above to swap in a different company.

CaliberCos Inc. is the larger business by last-quarter revenue ($4.1M vs $2.1M, roughly 2.0× MANHATTAN BRIDGE CAPITAL, INC). MANHATTAN BRIDGE CAPITAL, INC runs the higher net margin — 61.6% vs -188.3%, a 249.9% gap on every dollar of revenue. On growth, MANHATTAN BRIDGE CAPITAL, INC posted the faster year-over-year revenue change (-9.1% vs -52.5%). Over the past eight quarters, MANHATTAN BRIDGE CAPITAL, INC's revenue compounded faster (-8.0% 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.

Manhattan Bridge Capital, Inc. is a U.S.-based real estate finance firm that provides short-term asset-backed secured loans primarily to real estate investors. Its core offerings include bridge loans for residential and commercial property acquisitions, rehabilitation, and refinancing, serving clients across key U.S. real estate markets.

CWD vs LOAN — Head-to-Head

Bigger by revenue
CWD
CWD
2.0× larger
CWD
$4.1M
$2.1M
LOAN
Growing faster (revenue YoY)
LOAN
LOAN
+43.4% gap
LOAN
-9.1%
-52.5%
CWD
Higher net margin
LOAN
LOAN
249.9% more per $
LOAN
61.6%
-188.3%
CWD
Faster 2-yr revenue CAGR
LOAN
LOAN
Annualised
LOAN
-8.0%
-57.6%
CWD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CWD
CWD
LOAN
LOAN
Revenue
$4.1M
$2.1M
Net Profit
$-7.7M
$1.3M
Gross Margin
Operating Margin
-196.6%
61.4%
Net Margin
-188.3%
61.6%
Revenue YoY
-52.5%
-9.1%
Net Profit YoY
32.2%
-7.2%
EPS (diluted)
$1.95
$0.11

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
LOAN
LOAN
Q1 26
$2.1M
Q4 25
$4.1M
$2.0M
Q3 25
$3.6M
$2.0M
Q2 25
$5.1M
$2.4M
Q1 25
$7.3M
$2.3M
Q4 24
$8.7M
$2.4M
Q3 24
$11.3M
$2.3M
Q2 24
$8.2M
$2.4M
Net Profit
CWD
CWD
LOAN
LOAN
Q1 26
$1.3M
Q4 25
$-7.7M
$1.1M
Q3 25
$-4.4M
$1.2M
Q2 25
$-5.3M
$1.4M
Q1 25
$-4.4M
$1.4M
Q4 24
$-11.4M
$1.3M
Q3 24
$146.0K
$1.4M
Q2 24
$-4.7M
$1.4M
Operating Margin
CWD
CWD
LOAN
LOAN
Q1 26
61.4%
Q4 25
-196.6%
55.9%
Q3 25
-129.6%
58.8%
Q2 25
-112.4%
59.9%
Q1 25
-62.7%
60.2%
Q4 24
-236.8%
55.2%
Q3 24
0.0%
60.3%
Q2 24
-65.0%
57.5%
Net Margin
CWD
CWD
LOAN
LOAN
Q1 26
61.6%
Q4 25
-188.3%
56.1%
Q3 25
-120.2%
59.1%
Q2 25
-104.5%
60.0%
Q1 25
-60.7%
60.4%
Q4 24
-247.6%
55.4%
Q3 24
1.3%
60.5%
Q2 24
-57.8%
57.7%
EPS (diluted)
CWD
CWD
LOAN
LOAN
Q1 26
$0.11
Q4 25
$1.95
$0.10
Q3 25
$-1.65
$0.11
Q2 25
$-4.15
$0.12
Q1 25
$-3.85
$0.12
Q4 24
$-10.15
$0.12
Q3 24
$0.12
$0.12
Q2 24
$-4.34
$0.12

Balance Sheet & Financial Strength

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

Metric
CWD
CWD
LOAN
LOAN
Cash + ST InvestmentsLiquidity on hand
$2.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3M
$43.1M
Total Assets
$135.4M
$64.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWD
CWD
LOAN
LOAN
Q1 26
Q4 25
$2.9M
Q3 25
$10.9M
Q2 25
$683.0K
Q1 25
$1.6M
Q4 24
$2.3M
Q3 24
$1.6M
Q2 24
$1.8M
Stockholders' Equity
CWD
CWD
LOAN
LOAN
Q1 26
$43.1M
Q4 25
$1.3M
$43.1M
Q3 25
$4.2M
$43.3M
Q2 25
$-19.9M
$43.4M
Q1 25
$-15.8M
$43.3M
Q4 24
$-12.6M
$43.3M
Q3 24
$-3.8M
$43.3M
Q2 24
$-4.7M
$43.2M
Total Assets
CWD
CWD
LOAN
LOAN
Q1 26
$64.3M
Q4 25
$135.4M
$62.4M
Q3 25
$82.6M
$60.0M
Q2 25
$59.3M
$67.6M
Q1 25
$103.6M
$65.8M
Q4 24
$105.5M
$67.4M
Q3 24
$158.6M
$70.7M
Q2 24
$195.2M
$68.8M

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
LOAN
LOAN
Operating Cash FlowLast quarter
$-12.1M
$1.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWD
CWD
LOAN
LOAN
Q1 26
$1.3M
Q4 25
$-12.1M
$4.9M
Q3 25
$-4.6M
$1.4M
Q2 25
$-1.2M
$1.2M
Q1 25
$-1.7M
$1.2M
Q4 24
$555.0K
$4.9M
Q3 24
$-74.0K
$1.2M
Q2 24
$1.4M
$1.3M
Free Cash Flow
CWD
CWD
LOAN
LOAN
Q1 26
Q4 25
$4.9M
Q3 25
Q2 25
Q1 25
Q4 24
$4.9M
Q3 24
$1.2M
Q2 24
FCF Margin
CWD
CWD
LOAN
LOAN
Q1 26
Q4 25
246.2%
Q3 25
Q2 25
Q1 25
Q4 24
208.9%
Q3 24
53.3%
Q2 24
Capex Intensity
CWD
CWD
LOAN
LOAN
Q1 26
Q4 25
0.0%
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
0.2%
Q3 24
0.1%
Q2 24
Cash Conversion
CWD
CWD
LOAN
LOAN
Q1 26
0.99×
Q4 25
4.39×
Q3 25
1.16×
Q2 25
0.87×
Q1 25
0.86×
Q4 24
3.78×
Q3 24
-0.51×
0.88×
Q2 24
0.91×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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