Quarterly ResultMay 13, 2026, 05:07 PM
Caliber Q1 Platform Revenue $4.1M; Adjusted EBITDA Loss Narrows
AI Summary
CaliberCos Inc. reported its first quarter 2026 financial results, with Platform revenue increasing to $4.1 million and Platform Adjusted EBITDA loss narrowing to $0.3 million. The company's consolidated net loss attributable to Caliber improved to $3.6 million, or $0.52 per diluted share. Caliber reaffirmed its full-year 2026 guidance, expecting total revenue between $18.0 million and $22.0 million, positive net operating income, and Adjusted EBITDA profitability. Key business updates included the sale of Holiday Inn Ocotillo for $13.0 million, significant debt reduction through equity conversions, and progress on its Hyatt Studios development platform.
Key Highlights
- Platform revenue increased to $4.1 million in Q1 2026 from $3.5 million in Q1 2025.
- Platform Adjusted EBITDA loss narrowed to $0.3 million from $1.4 million in Q1 2025.
- Consolidated net loss improved to $3.6 million ($0.52/share) from $4.4 million ($3.85/share) YoY.
- Reaffirmed 2026 full-year guidance: total revenue $18.0M-$22.0M and Adjusted EBITDA profitability.
- Sold Holiday Inn Ocotillo for $13.0 million, using proceeds for debt reduction and growth.
- Converted $15.9 million of perpetual convertible preferred equity into 63,472 Class A common shares.
- Repaid $1.9 million unsecured corporate notes via Noteholder Conversion Program.
- Digital asset treasury held 507,560 LINK tokens with a fair value of $4.5 million as of March 31, 2026.
Price Impact
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