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Side-by-side financial comparison of CaliberCos Inc. (CWD) and RAVE RESTAURANT GROUP, INC. (RAVE). Click either name above to swap in a different company.
CaliberCos Inc. is the larger business by last-quarter revenue ($4.1M vs $3.0M, roughly 1.4× RAVE RESTAURANT GROUP, INC.). RAVE RESTAURANT GROUP, INC. runs the higher net margin — 20.9% vs -188.3%, a 209.3% gap on every dollar of revenue. On growth, RAVE RESTAURANT GROUP, INC. posted the faster year-over-year revenue change (6.0% vs -52.5%). Over the past eight quarters, RAVE RESTAURANT GROUP, INC.'s revenue compounded faster (1.3% 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.
RAVE Restaurant Group, Inc. is a U.S.-headquartered restaurant franchising and operation enterprise, owning well-known casual dining brands including Pizza Inn and Pie Five Pizza. It offers pizza, pasta, salads and supporting menu items, primarily operates in the North American market with both company-owned and franchised outlets, targeting consumers looking for affordable, family-friendly casual meal options.
CWD vs RAVE — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.1M | $3.0M |
| Net Profit | $-7.7M | $637.0K |
| Gross Margin | — | — |
| Operating Margin | -196.6% | 24.4% |
| Net Margin | -188.3% | 20.9% |
| Revenue YoY | -52.5% | 6.0% |
| Net Profit YoY | 32.2% | 4.9% |
| EPS (diluted) | $1.95 | $0.04 |
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 | $3.0M | ||
| Q3 25 | $3.6M | $3.2M | ||
| Q2 25 | $5.1M | $3.2M | ||
| Q1 25 | $7.3M | $3.0M | ||
| Q4 24 | $8.7M | $2.9M | ||
| Q3 24 | $11.3M | $3.0M | ||
| Q2 24 | $8.2M | $3.4M | ||
| Q1 24 | $23.0M | $3.0M |
| Q4 25 | $-7.7M | $637.0K | ||
| Q3 25 | $-4.4M | $645.0K | ||
| Q2 25 | $-5.3M | $847.0K | ||
| Q1 25 | $-4.4M | $722.0K | ||
| Q4 24 | $-11.4M | $607.0K | ||
| Q3 24 | $146.0K | $526.0K | ||
| Q2 24 | $-4.7M | $880.0K | ||
| Q1 24 | $-3.8M | $654.0K |
| Q4 25 | -196.6% | 24.4% | ||
| Q3 25 | -129.6% | 23.4% | ||
| Q2 25 | -112.4% | 38.8% | ||
| Q1 25 | -62.7% | 32.0% | ||
| Q4 24 | -236.8% | 23.1% | ||
| Q3 24 | 0.0% | 20.0% | ||
| Q2 24 | -65.0% | 35.2% | ||
| Q1 24 | -22.9% | 28.8% |
| Q4 25 | -188.3% | 20.9% | ||
| Q3 25 | -120.2% | 20.1% | ||
| Q2 25 | -104.5% | 26.9% | ||
| Q1 25 | -60.7% | 24.3% | ||
| Q4 24 | -247.6% | 21.2% | ||
| Q3 24 | 1.3% | 17.2% | ||
| Q2 24 | -57.8% | 26.2% | ||
| Q1 24 | -16.6% | 22.1% |
| Q4 25 | $1.95 | $0.04 | ||
| Q3 25 | $-1.65 | $0.05 | ||
| Q2 25 | $-4.15 | $0.06 | ||
| Q1 25 | $-3.85 | $0.05 | ||
| Q4 24 | $-10.15 | $0.04 | ||
| Q3 24 | $0.12 | $0.04 | ||
| Q2 24 | $-4.34 | $0.06 | ||
| Q1 24 | $-3.53 | $0.04 |
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 | $10.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3M | $15.5M |
| Total Assets | $135.4M | $17.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.9M | $10.9M | ||
| Q3 25 | $10.9M | $10.6M | ||
| Q2 25 | $683.0K | $9.9M | ||
| Q1 25 | $1.6M | $8.7M | ||
| Q4 24 | $2.3M | $8.9M | ||
| Q3 24 | $1.6M | $8.4M | ||
| Q2 24 | $1.8M | $7.8M | ||
| Q1 24 | $2.1M | $6.3M |
| Q4 25 | $1.3M | $15.5M | ||
| Q3 25 | $4.2M | $14.8M | ||
| Q2 25 | $-19.9M | $14.2M | ||
| Q1 25 | $-15.8M | $13.3M | ||
| Q4 24 | $-12.6M | $13.8M | ||
| Q3 24 | $-3.8M | $13.3M | ||
| Q2 24 | $-4.7M | $12.7M | ||
| Q1 24 | $-745.0K | $11.8M |
| Q4 25 | $135.4M | $17.5M | ||
| Q3 25 | $82.6M | $17.0M | ||
| Q2 25 | $59.3M | $16.6M | ||
| Q1 25 | $103.6M | $15.7M | ||
| Q4 24 | $105.5M | $16.1M | ||
| Q3 24 | $158.6M | $16.3M | ||
| Q2 24 | $195.2M | $15.8M | ||
| Q1 24 | $201.5M | $15.0M |
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 | $306.0K |
| Free Cash FlowOCF − Capex | — | $297.0K |
| FCF MarginFCF / Revenue | — | 9.8% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | 0.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.1M | $306.0K | ||
| Q3 25 | $-4.6M | $608.0K | ||
| Q2 25 | $-1.2M | $1.2M | ||
| Q1 25 | $-1.7M | $927.0K | ||
| Q4 24 | $555.0K | $711.0K | ||
| Q3 24 | $-74.0K | $530.0K | ||
| Q2 24 | $1.4M | $1.5M | ||
| Q1 24 | $-1.5M | $1.0M |
| Q4 25 | — | $297.0K | ||
| Q3 25 | — | $600.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $667.0K | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $1.5M | ||
| Q1 24 | — | $996.0K |
| Q4 25 | — | 9.8% | ||
| Q3 25 | — | 18.7% | ||
| Q2 25 | — | 38.5% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 23.2% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 44.9% | ||
| Q1 24 | — | 33.6% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 1.0% |
| Q4 25 | — | 0.48× | ||
| Q3 25 | — | 0.94× | ||
| Q2 25 | — | 1.45× | ||
| Q1 25 | — | 1.28× | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | -0.51× | 1.01× | ||
| Q2 24 | — | 1.72× | ||
| Q1 24 | — | 1.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CWD
Segment breakdown not available.
RAVE
| Pizza Inn Franchising | $2.8M | 92% |
| Other | $235.0K | 8% |
