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Side-by-side financial comparison of CaliberCos Inc. (CWD) and Seer, Inc. (SEER). Click either name above to swap in a different company.
Seer, Inc. is the larger business by last-quarter revenue ($4.2M vs $4.1M, roughly 1.0× CaliberCos Inc.). CaliberCos Inc. runs the higher net margin — -188.3% vs -380.7%, a 192.4% gap on every dollar of revenue. On growth, Seer, Inc. posted the faster year-over-year revenue change (5.0% vs -52.5%). Over the past eight quarters, Seer, Inc.'s revenue compounded faster (17.1% 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.
Seer, Inc. is an American biotechnology company headquartered in Redwood City, California. Established in 2017, the company develops technologies for proteomics research.
CWD vs SEER — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.1M | $4.2M |
| Net Profit | $-7.7M | $-16.0M |
| Gross Margin | — | 52.0% |
| Operating Margin | -196.6% | -413.8% |
| Net Margin | -188.3% | -380.7% |
| Revenue YoY | -52.5% | 5.0% |
| Net Profit YoY | 32.2% | 26.4% |
| EPS (diluted) | $1.95 | — |
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 | $4.2M | ||
| Q3 25 | $3.6M | $4.1M | ||
| Q2 25 | $5.1M | $4.1M | ||
| Q1 25 | $7.3M | $4.2M | ||
| Q4 24 | $8.7M | $4.0M | ||
| Q3 24 | $11.3M | $4.0M | ||
| Q2 24 | $8.2M | $3.1M | ||
| Q1 24 | $23.0M | $3.1M |
| Q4 25 | $-7.7M | $-16.0M | ||
| Q3 25 | $-4.4M | $-18.2M | ||
| Q2 25 | $-5.3M | $-19.4M | ||
| Q1 25 | $-4.4M | $-19.9M | ||
| Q4 24 | $-11.4M | $-21.7M | ||
| Q3 24 | $146.0K | $-21.3M | ||
| Q2 24 | $-4.7M | $-22.9M | ||
| Q1 24 | $-3.8M | $-20.7M |
| Q4 25 | — | 52.0% | ||
| Q3 25 | — | 51.2% | ||
| Q2 25 | — | 52.1% | ||
| Q1 25 | — | 49.0% | ||
| Q4 24 | — | 50.6% | ||
| Q3 24 | — | 48.1% | ||
| Q2 24 | — | 56.3% | ||
| Q1 24 | — | 44.4% |
| Q4 25 | -196.6% | -413.8% | ||
| Q3 25 | -129.6% | -469.4% | ||
| Q2 25 | -112.4% | -506.8% | ||
| Q1 25 | -62.7% | -493.0% | ||
| Q4 24 | -236.8% | -587.2% | ||
| Q3 24 | 0.0% | -603.3% | ||
| Q2 24 | -65.0% | -882.0% | ||
| Q1 24 | -22.9% | -821.7% |
| Q4 25 | -188.3% | -380.7% | ||
| Q3 25 | -120.2% | -442.5% | ||
| Q2 25 | -104.5% | -479.5% | ||
| Q1 25 | -60.7% | -474.4% | ||
| Q4 24 | -247.6% | -543.6% | ||
| Q3 24 | 1.3% | -529.0% | ||
| Q2 24 | -57.8% | -743.8% | ||
| Q1 24 | -16.6% | -674.5% |
| Q4 25 | $1.95 | — | ||
| Q3 25 | $-1.65 | — | ||
| Q2 25 | $-4.15 | — | ||
| Q1 25 | $-3.85 | — | ||
| Q4 24 | $-10.15 | — | ||
| Q3 24 | $0.12 | $-0.35 | ||
| Q2 24 | $-4.34 | $-0.35 | ||
| Q1 24 | $-3.53 | $-0.32 |
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 | $47.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3M | $259.3M |
| Total Assets | $135.4M | $296.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.9M | $47.3M | ||
| Q3 25 | $10.9M | $45.0M | ||
| Q2 25 | $683.0K | $37.9M | ||
| Q1 25 | $1.6M | $52.4M | ||
| Q4 24 | $2.3M | $40.8M | ||
| Q3 24 | $1.6M | $37.6M | ||
| Q2 24 | $1.8M | $31.9M | ||
| Q1 24 | $2.1M | $54.4M |
| Q4 25 | $1.3M | $259.3M | ||
| Q3 25 | $4.2M | $271.8M | ||
| Q2 25 | $-19.9M | $288.3M | ||
| Q1 25 | $-15.8M | $311.0M | ||
| Q4 24 | $-12.6M | $327.6M | ||
| Q3 24 | $-3.8M | $344.7M | ||
| Q2 24 | $-4.7M | $364.7M | ||
| Q1 24 | $-745.0K | $383.6M |
| Q4 25 | $135.4M | $296.1M | ||
| Q3 25 | $82.6M | $308.6M | ||
| Q2 25 | $59.3M | $322.5M | ||
| Q1 25 | $103.6M | $347.3M | ||
| Q4 24 | $105.5M | $366.6M | ||
| Q3 24 | $158.6M | $383.4M | ||
| Q2 24 | $195.2M | $406.6M | ||
| Q1 24 | $201.5M | $422.0M |
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 | $-10.8M |
| Free Cash FlowOCF − Capex | — | $-11.1M |
| FCF MarginFCF / Revenue | — | -264.2% |
| Capex IntensityCapex / Revenue | — | 7.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-46.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.1M | $-10.8M | ||
| Q3 25 | $-4.6M | $-7.6M | ||
| Q2 25 | $-1.2M | $-14.7M | ||
| Q1 25 | $-1.7M | $-11.4M | ||
| Q4 24 | $555.0K | $-11.5M | ||
| Q3 24 | $-74.0K | $-14.1M | ||
| Q2 24 | $1.4M | $-10.1M | ||
| Q1 24 | $-1.5M | $-10.5M |
| Q4 25 | — | $-11.1M | ||
| Q3 25 | — | $-7.8M | ||
| Q2 25 | — | $-15.2M | ||
| Q1 25 | — | $-12.1M | ||
| Q4 24 | — | $-12.0M | ||
| Q3 24 | — | $-16.3M | ||
| Q2 24 | — | $-11.2M | ||
| Q1 24 | — | $-11.2M |
| Q4 25 | — | -264.2% | ||
| Q3 25 | — | -190.5% | ||
| Q2 25 | — | -375.9% | ||
| Q1 25 | — | -287.1% | ||
| Q4 24 | — | -299.8% | ||
| Q3 24 | — | -404.7% | ||
| Q2 24 | — | -366.0% | ||
| Q1 24 | — | -365.6% |
| Q4 25 | — | 7.0% | ||
| Q3 25 | — | 6.9% | ||
| Q2 25 | — | 14.0% | ||
| Q1 25 | — | 15.6% | ||
| Q4 24 | — | 13.4% | ||
| Q3 24 | — | 54.4% | ||
| Q2 24 | — | 38.2% | ||
| Q1 24 | — | 24.6% |
| 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.
