CADIZ INCCDZIEarnings & Financial Report
Nasdaq
NextMar 30, 2026
CDZI Q3 2025 Key Financial Metrics
Revenue
$4.1M
Gross Profit
$1.1M
Operating Profit
$-4.9M
Net Profit
$-7.1M
Gross Margin
27.3%
Operating Margin
-118.0%
Net Margin
-170.5%
YoY Growth
28.7%
EPS
$-0.10
Financial Flow
CADIZ INC Q3 2025 Financial Summary
CADIZ INC reported revenue of $4.1M for Q3 2025, with a net profit of $-7.1M (-170.5% margin). Cost of goods sold was $3.0M, operating expenses totaled $6.0M.
Key Financial Metrics
| Total Revenue | $4.1M |
|---|---|
| Net Profit | $-7.1M |
| Gross Margin | 27.3% |
| Operating Margin | -118.0% |
| Report Period | Q3 2025 |
CADIZ INC Annual Revenue by Year
CADIZ INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $9.6M).
| Year | Annual Revenue |
|---|---|
| 2024 | $9.6M |
| 2023 | $2.0M |
| 2022 | $1.5M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $684000 | $1.1M | $513000 | $3.2M | $4.8M | $3.0M | $4.1M | $4.1M |
| YoY Growth | 19.0% | 762.3% | -36.6% | 776.1% | 594.4% | 163.5% | 704.3% | 28.7% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $107.4M | $125.5M | $118.1M | $112.6M | $134.5M | $145.6M | $136.4M | $128.0M |
| Liabilities | $67.4M | $88.9M | $90.5M | $91.9M | $100.5M | $101.5M | $100.8M | $100.3M |
| Equity | $40.0M | $36.6M | $27.6M | $20.7M | $34.0M | $44.0M | $35.6M | $27.7M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-5.5M | $-2.9M | $-7.1M | $-5.4M | $-6.2M | $-3.6M | $-1.4M | $-7.0M |