NASDAQ:CDZI
Cadiz Inc.
Cadiz Inc.'s revenue grew 69.8% in fiscal 2025 to $16.3M while operating margin rose to −156.9%, its highest in 10 years. Free cash flow was −$26.5M, −162.5% of revenue.Summary generated from Cadiz Inc.'s SEC filings. Latest annual report filed Mar 31, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$16.3M
Revenue growth+69.8%
Revenue, 5-yr CAGR+97.6%
Gross margin31.6%
Operating margin−156.9%
Net margin−209.3%
ROIC−23.8%
Return on equity−119.4%
Debt / equity3.37
Free cash flow−$26.5M
FCF margin−162.5%
Share count changen/a
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1 | 2 | 2 | 10 | 16 |
| Operating income | −18 | −17 | −21 | −23 | −26 |
| Net income | −31 | −25 | −31 | −31 | −34 |
| Free cash flow | −38 | −22 | −27 | −22 | −27 |
Recent filings
- 4Insider transaction report
Oct 5, 2026 - 4Insider transaction report
Oct 5, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 13, 2026 - 8-KEntry into a material agreement
Jul 28, 2026 - 8-KDirector or officer change
Jul 27, 2026 - 8-KOther events
Jul 15, 2026 - 8-KAmendment to articles or bylaws
Jun 23, 2026 - 8-KRegulation FD disclosure
May 20, 2026