Earnings Releases·Nov 12, 2026, 5:00 PM ET

Caliber — Third Quarter 2026 Earnings Summary

Platform revenue increased to $3.8 million from $3.5 million year-over-year, driven by higher management and development fees, while consolidated revenue rose to $4.3 million from $3.6 million due to new segment consolidations.
Platform Adjusted EBITDA turned positive at $0.1 million compared to a $0.7 million loss in the prior year, though consolidated net loss widened to $5.0 million from $4.4 million, including a $3.9 million non-cash tax provision.
Revised 2026 total Platform revenue guidance downward to $15.0–$17.0 million from $18.0–$22.0 million due to tighter credit conditions extending financing timelines, while reaffirming profitability guidance for Platform Adjusted EBITDA.
Executed significant debt refinancing and payoff actions covering approximately $12.5 million of corporate notes maturing within twelve months, including the retirement of $3.4 million in promissory notes and agreements to retire an additional $9.1 million.
Tokenization strategy advanced with the launch of Caliber Tokenization Services and three new offerings in Q3, bringing total tokenized equity to $110 million, with management citing this segment as the primary growth engine.