Cadiz, Inc. Depositary Shares financials
$21.90−0.09%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $979.0K | $1.6M | $5.1M | $4.1M | $4.1M | $3.0M | $4.8M | $3.2M | $513.0K | $1.1M | $684.0K | $368.0K |
| Gross profit | -$24.0K | $425.0K | $1.7M | $1.1M | $1.5M | $876.0K | $1.7M | $815.0K | -$339.0K | $117.0K | -$721.0K | -$324.0K |
| Gross margin | −2.5% | 26.0% | 33.0% | 27.3% | 35.4% | 29.7% | 36.1% | 25.3% | −66.1% | 10.4% | −105.4% | −88.0% |
| Operating income | -$8.8M | -$6.8M | -$7.4M | -$4.9M | -$5.8M | -$7.5M | -$6.6M | -$4.8M | -$6.9M | -$4.9M | -$5.4M | -$5.8M |
| Net income | -$12.6M | -$9.9M | -$11.0M | -$8.3M | -$9.0M | -$10.9M | -$9.9M | -$8.1M | -$10.2M | -$8.1M | -$8.0M | -$8.2M |
| Net margin | −1291.0% | −608.1% | −216.8% | −200.9% | −218.6% | −367.6% | −208.7% | −249.9% | −1980.5% | −723.9% | −1175.9% | −2228.5% |
| Diluted EPS | $-0.15 | $-0.12 | $-0.13 | $-0.10 | $-0.11 | $-0.14 | $-0.14 | $-0.12 | $-0.15 | $-0.12 | $-0.12 | $-0.12 |
| EBITDA | -$8.4M | -$6.5M | -$7.0M | -$4.6M | -$5.5M | -$7.2M | -$6.3M | -$4.5M | -$6.6M | -$4.6M | -$5.1M | -$5.5M |
| Operating cash flow | -$6.6M | -$5.5M | -$6.9M | -$7.0M | -$1.4M | -$3.6M | -$6.2M | -$5.4M | -$7.1M | -$2.9M | -$5.5M | -$5.5M |
| Free cash flow | -$9.8M | -$5.8M | -$8.2M | -$7.5M | -$5.9M | -$4.9M | -$6.6M | -$5.4M | -$7.3M | -$3.1M | -$7.5M | -$6.1M |
| Diluted shares | 84.1M | 83.5M | 83.0M | 82.1M | 81.9M | 77.2M | 72.6M | 68.0M | 67.8M | 67.0M | 66.8M | 66.6M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $5.3M | $16.5M | $8.6M | $4.4M | $13.2M | $21.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $87.0M | $85.6M | $72.8M | $59.9M | $58.8M | $57.8M |
| Total assets | $134.8M | $146.1M | $140.9M | $128.0M | $136.4M | $145.6M |
| Total liabilities | $130.1M | $130.5M | $117.7M | $100.3M | $100.8M | $101.5M |
| Shareholders' equity | $4.7M | $15.6M | $23.3M | $27.7M | $35.6M | $44.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology