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Side-by-side financial comparison of CaliberCos Inc. (CWD) and Satellogic Inc. (SATL). Click either name above to swap in a different company.
Satellogic Inc. is the larger business by last-quarter revenue ($6.2M vs $4.1M, roughly 1.5× CaliberCos Inc.). Satellogic Inc. runs the higher net margin — 488.0% vs -188.3%, a 676.3% gap on every dollar of revenue.
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.
Satellogic Inc. is an American company specializing in Earth-observation satellites, founded in 2010 by Emiliano Kargieman and Gerardo Richarte.
CWD vs SATL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.1M | $6.2M |
| Net Profit | $-7.7M | $30.5M |
| Gross Margin | — | — |
| Operating Margin | -196.6% | -114.2% |
| Net Margin | -188.3% | 488.0% |
| Revenue YoY | -52.5% | — |
| Net Profit YoY | 32.2% | — |
| EPS (diluted) | $1.95 | $0.24 |
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 | $6.2M | ||
| Q3 25 | $3.6M | $3.6M | ||
| Q2 25 | $5.1M | $4.4M | ||
| Q1 25 | $7.3M | $3.4M | ||
| Q4 24 | $8.7M | — | ||
| Q3 24 | $11.3M | — | ||
| Q2 24 | $8.2M | $3.5M | ||
| Q1 24 | $23.0M | — |
| Q4 25 | $-7.7M | $30.5M | ||
| Q3 25 | $-4.4M | $4.0M | ||
| Q2 25 | $-5.3M | $-6.7M | ||
| Q1 25 | $-4.4M | $-32.6M | ||
| Q4 24 | $-11.4M | — | ||
| Q3 24 | $146.0K | — | ||
| Q2 24 | $-4.7M | $-18.1M | ||
| Q1 24 | $-3.8M | — |
| Q4 25 | -196.6% | -114.2% | ||
| Q3 25 | -129.6% | -222.5% | ||
| Q2 25 | -112.4% | -141.6% | ||
| Q1 25 | -62.7% | -280.9% | ||
| Q4 24 | -236.8% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | -65.0% | -419.2% | ||
| Q1 24 | -22.9% | — |
| Q4 25 | -188.3% | 488.0% | ||
| Q3 25 | -120.2% | 109.2% | ||
| Q2 25 | -104.5% | -149.8% | ||
| Q1 25 | -60.7% | -961.9% | ||
| Q4 24 | -247.6% | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | -57.8% | -517.0% | ||
| Q1 24 | -16.6% | — |
| Q4 25 | $1.95 | $0.24 | ||
| Q3 25 | $-1.65 | $-0.02 | ||
| Q2 25 | $-4.15 | $-0.06 | ||
| Q1 25 | $-3.85 | $-0.34 | ||
| Q4 24 | $-10.15 | — | ||
| Q3 24 | $0.12 | — | ||
| Q2 24 | $-4.34 | $-0.20 | ||
| Q1 24 | $-3.53 | — |
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 | $94.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3M | $60.5M |
| Total Assets | $135.4M | $151.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.9M | $94.4M | ||
| Q3 25 | $10.9M | $28.3M | ||
| Q2 25 | $683.0K | $32.6M | ||
| Q1 25 | $1.6M | $17.7M | ||
| Q4 24 | $2.3M | — | ||
| Q3 24 | $1.6M | — | ||
| Q2 24 | $1.8M | $25.6M | ||
| Q1 24 | $2.1M | — |
| Q4 25 | $1.3M | $60.5M | ||
| Q3 25 | $4.2M | $-56.9M | ||
| Q2 25 | $-19.9M | $-68.1M | ||
| Q1 25 | $-15.8M | $-83.1M | ||
| Q4 24 | $-12.6M | — | ||
| Q3 24 | $-3.8M | — | ||
| Q2 24 | $-4.7M | $19.1M | ||
| Q1 24 | $-745.0K | — |
| Q4 25 | $135.4M | $151.3M | ||
| Q3 25 | $82.6M | $70.9M | ||
| Q2 25 | $59.3M | $73.8M | ||
| Q1 25 | $103.6M | $61.4M | ||
| Q4 24 | $105.5M | — | ||
| Q3 24 | $158.6M | — | ||
| Q2 24 | $195.2M | $76.6M | ||
| Q1 24 | $201.5M | — |
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 | $-9.5M |
| Free Cash FlowOCF − Capex | — | $-12.8M |
| FCF MarginFCF / Revenue | — | -204.9% |
| Capex IntensityCapex / Revenue | — | 53.6% |
| Cash ConversionOCF / Net Profit | — | -0.31× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-34.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.1M | $-9.5M | ||
| Q3 25 | $-4.6M | $-8.4M | ||
| Q2 25 | $-1.2M | $-4.3M | ||
| Q1 25 | $-1.7M | $-4.7M | ||
| Q4 24 | $555.0K | — | ||
| Q3 24 | $-74.0K | — | ||
| Q2 24 | $1.4M | — | ||
| Q1 24 | $-1.5M | — |
| Q4 25 | — | $-12.8M | ||
| Q3 25 | — | $-9.7M | ||
| Q2 25 | — | $-5.1M | ||
| Q1 25 | — | $-6.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | -204.9% | ||
| Q3 25 | — | -267.2% | ||
| Q2 25 | — | -115.3% | ||
| Q1 25 | — | -195.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 53.6% | ||
| Q3 25 | — | 36.8% | ||
| Q2 25 | — | 17.5% | ||
| Q1 25 | — | 56.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | -0.31× | ||
| Q3 25 | — | -2.11× | ||
| 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.
SATL
| Transferred At Point In Time | $5.7M | 91% |
| Other | $547.0K | 9% |
