CADIZ INCCDZIEarnings & Financial Report
Cadiz Inc is a U.S.-based natural resources and sustainable development company focused on managing water resources, agricultural land, and renewable energy projects. It operates primarily in California, serving municipal, agricultural, and commercial clients with reliable water supply solutions and land stewardship services.
CDZI Q4 FY2025 Key Financial Metrics
Revenue
$5.1M
Gross Profit
$1.7M
Operating Profit
$-7.4M
Net Profit
N/A
Gross Margin
33.0%
Operating Margin
-145.4%
Net Margin
N/A
YoY Growth
7.0%
EPS
$-0.13
CADIZ INC Q4 FY2025 Financial Summary
CADIZ INC reported revenue of $5.1M (up 7.0% YoY) for Q4 FY2025, with a net profit of N/A (N/A margin). Cost of goods sold was $3.4M, operating expenses totaled $9.1M.
Key Financial Metrics
| Total Revenue | $5.1M |
|---|---|
| Net Profit | N/A |
| Gross Margin | 33.0% |
| Operating Margin | -145.4% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
CADIZ INC Q4 FY2025 revenue of $5.1M breaks down across 2 segments, led by Water Treatment at $4.4M (85.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Water Treatment | $4.4M | 85.8% |
| Other | $724.0K | 14.2% |
CADIZ INC Revenue by Segment — Quarterly Trend
CADIZ INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Water Treatment and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Water Treatment | $4.4M | $4.0M | $3.7M | $2.4M |
| Other | $724.0K | $115.0K | $431.0K | $565.0K |
CADIZ INC Annual Revenue by Year
CADIZ INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $16.3M).
CADIZ INC Quarterly Revenue & Net Profit History
CADIZ INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $5.1M | +7.0% | N/A | N/A |
| Q3 FY2025 | $4.1M | +28.7% | $-7.1M | -170.5% |
| Q2 FY2025 | $4.1M | +704.3% | $-7.7M | -187.3% |
| Q1 FY2025 | $3.0M | +163.5% | $-9.6M | -324.7% |
| Q4 FY2024 | $4.8M | +594.4% | N/A | N/A |
| Q3 FY2024 | $3.2M | +776.1% | $-6.8M | -210.7% |
| Q2 FY2024 | $513.0K | -36.6% | $-8.9M | -1729.4% |
| Q1 FY2024 | $1.1M | +762.3% | $-6.8M | -611.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1M | $513000 | $3.2M | $4.8M | $3.0M | $4.1M | $4.1M | $5.1M |
| YoY Growth | 762.3% | -36.6% | 776.1% | 594.4% | 163.5% | 704.3% | 28.7% | 7.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $118.1M | $118.1M | $112.6M | $134.5M | $145.6M | $136.4M | $128.0M | $140.9M |
| Liabilities | $88.9M | $90.5M | $91.9M | $100.5M | $101.5M | $100.8M | $100.3M | $117.7M |
| Equity | $36.6M | $27.6M | $20.7M | $34.0M | $44.0M | $35.6M | $27.7M | $23.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-2.9M | $-7.1M | $-5.4M | $-6.2M | $-3.6M | $-1.4M | $-7.0M | $-6.9M |