CaliberCos (CWD) Q3 2025 Earnings Call Transcript

Caliber (CWD) reported Q2 2026 earnings, with platform revenue down 10% YoY but adjusted EBITDA turning positive. The company completed its first fund tokenization and plans to expand this program. Managed capital grew to $495M, and the company reaffirmed its full-year guidance. Caliber holds 229,203 LINK tokens, valued at $1.7M, and sold 278,357 LINK tokens for $2.5M, redeploying the proceeds into its real estate platform.

CaliberCos Inc. (CWD) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Caliber Reports Second Quarter 2026 Financial Results 2026 Full-Year Guidance Reaffirmed; Completion of First Tokenization of Asset SCOTTSDALE, Ariz., August 13, 2026. Caliber (Nasdaq: CWD), a real estate focused alternative asset manager, today reported results for

CaliberCos Inc. (NASDAQ:CWD) shares fell 25.20% to $0.92 in after-hours after a pre-market announcement. According to Benzinga Pro, CWD rose 90.61% to $1.23 in the regular session following plans to expand real estate tokenization using Chainlink oracle infrastructure and its ACE compliance engine. CaliberCos also invested in LINK.

Henry Schein (HSIC) announced Emmanuel Caprais, former CFO of ITT, will join as its CFO on November 4, 2026. He will start as a senior financial advisor on October 12, 2026, to facilitate the transition.

Equinor increased the investment forecast for its Snøhvit Future project in Norway to $2.7bn, citing operational challenges and unforeseen issues. This is the third upward revision since 2022. The project, aimed at sustaining production levels and reducing emissions, remains on schedule for completion by 2030. Equinor and partners like TotalEnergies are involved.

Honeywell International (HON) was selected by Dangote Petroleum Refinery for a major refinery project in Kenya, involving process technologies, engineering, and digital solutions. The project is expected to be one of the world's largest single train facilities. Honeywell, with a market cap of $67.5b, supplies automation and energy solutions globally. The deal aligns with Honeywell's focus on process automation and technology, aiming to boost recurring revenue and segment margins.