# Cadiz Inc: financial statements, quarterly

CDZI · Nasdaq · CIK 727273 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cdzi.md) · [Financials](/companies/cdzi/financials.md) · [Filings](/companies/cdzi/filings.md) · [Insiders](/companies/cdzi/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/cdzi/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [0.4](/filings/0001437749-24-034919.md) | [0.7 d](/filings/0001437749-25-009714.md) | [1.1](/filings/0001437749-25-016876.md) | [0.5](/filings/0001437749-25-026581.md) | [3.2](/filings/0001437749-25-034647.md) | [4.8 d](/filings/0001437749-26-010517.md) | [3.0](/filings/0001437749-26-017051.md) | [4.1](/filings/0001437749-26-027664.md) | [4.1](/filings/0001437749-25-034647.md) | [5.1 d](/filings/0001437749-26-010517.md) | [1.6](/filings/0001437749-26-017051.md) | [1.0](/filings/0001437749-26-027664.md) |
| Cost of revenue | $m | [0.7](/filings/0001437749-24-034919.md) | [1.4 d](/filings/0001437749-25-009714.md) | [1.0](/filings/0001437749-25-016876.md) | [0.9](/filings/0001437749-25-026581.md) | [2.4](/filings/0001437749-25-034647.md) | [3.0 d](/filings/0001437749-26-010517.md) | [2.1](/filings/0001437749-26-017051.md) | [2.7](/filings/0001437749-26-027664.md) | [3.0](/filings/0001437749-25-034647.md) | [3.4 d](/filings/0001437749-26-010517.md) | [1.2](/filings/0001437749-26-017051.md) | [1.0](/filings/0001437749-26-027664.md) |
| Gross profit | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating income | $m | [(5.8)](/filings/0001437749-24-034919.md) | [(5.4) d](/filings/0001437749-25-009714.md) | [(4.9)](/filings/0001437749-25-016876.md) | [(6.9)](/filings/0001437749-25-026581.md) | [(4.8)](/filings/0001437749-25-034647.md) | [(6.6) d](/filings/0001437749-26-010517.md) | [(7.5)](/filings/0001437749-26-017051.md) | [(5.8)](/filings/0001437749-26-027664.md) | [(4.9)](/filings/0001437749-25-034647.md) | [(7.4) d](/filings/0001437749-26-010517.md) | [(6.8)](/filings/0001437749-26-017051.md) | [(8.8)](/filings/0001437749-26-027664.md) |
| Interest expense | $m | [1.2](/filings/0001437749-24-034919.md) | [1.3 d](/filings/0001437749-25-009714.md) | [1.9](/filings/0001437749-25-016876.md) | [1.9](/filings/0001437749-25-026581.md) | [2.0](/filings/0001437749-25-034647.md) | [2.0 d](/filings/0001437749-26-010517.md) | [2.1](/filings/0001437749-26-017051.md) | [2.0](/filings/0001437749-26-027664.md) | [2.2](/filings/0001437749-25-034647.md) | [2.4 d](/filings/0001437749-26-010517.md) | [2.5](/filings/0001437749-26-017051.md) | [2.9](/filings/0001437749-26-027664.md) |
| Income tax | $m | [0.0](/filings/0001437749-24-034919.md) | [0.0 d](/filings/0001437749-25-009714.md) | [0.0](/filings/0001437749-24-016678.md) | [0.0](/filings/0001437749-24-026172.md) | [0.0](/filings/0001437749-24-034919.md) | [0.0 d](/filings/0001437749-26-010517.md) | not reported | not reported | not reported | not reported | not reported | not reported |
| Net income | $m | [(6.9)](/filings/0001437749-24-034919.md) | [(6.8) d](/filings/0001437749-25-009714.md) | [(6.9)](/filings/0001437749-25-034647.md) | [(8.9)](/filings/0001437749-25-034647.md) | [(6.8)](/filings/0001437749-25-034647.md) | [(8.6) d](/filings/0001437749-26-010517.md) | [(9.6)](/filings/0001437749-26-027664.md) | [(7.7)](/filings/0001437749-26-027664.md) | [(7.1)](/filings/0001437749-25-034647.md) | [(9.8) d](/filings/0001437749-26-010517.md) | [(8.6)](/filings/0001437749-26-027664.md) | [(11.4)](/filings/0001437749-26-027664.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Basic EPS | $ per share | [(0.12)](/filings/0001437749-24-034919.md) | not reported | [(0.12)](/filings/0001437749-25-016876.md) | [(0.15)](/filings/0001437749-25-026581.md) | [(0.12)](/filings/0001437749-25-034647.md) | not reported | [(0.14)](/filings/0001437749-26-017051.md) | [(0.11)](/filings/0001437749-26-027664.md) | [(0.10)](/filings/0001437749-25-034647.md) | not reported | [(0.12)](/filings/0001437749-26-017051.md) | [(0.15)](/filings/0001437749-26-027664.md) |

- Revenue: us-gaap:Revenues
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: not reported
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: not reported
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [13.3](/filings/0001437749-24-034919.md) | [4.5](/filings/0001437749-25-009714.md) | [19.2](/filings/0001437749-25-016876.md) | [10.1](/filings/0001437749-25-026581.md) | [3.3](/filings/0001437749-25-034647.md) | [17.3](/filings/0001437749-26-010517.md) | [21.6](/filings/0001437749-26-017051.md) | [13.2](/filings/0001437749-26-027664.md) | [4.4](/filings/0001437749-25-034647.md) | [8.6](/filings/0001437749-26-027664.md) | [16.5](/filings/0001437749-26-017051.md) | [5.3](/filings/0001437749-26-027664.md) |
| Current assets | $m | [16.6](/filings/0001437749-23-031613.md) | [8.0](/filings/0001437749-25-009714.md) | [24.5](/filings/0001437749-24-016678.md) | [17.2](/filings/0001437749-24-026172.md) | [12.0](/filings/0001437749-24-034919.md) | [25.8](/filings/0001437749-26-010517.md) | [30.6](/filings/0001437749-25-016876.md) | [21.0](/filings/0001437749-25-026581.md) | [11.7](/filings/0001437749-25-034647.md) | [16.1](/filings/0001437749-26-027664.md) | [23.7](/filings/0001437749-26-017051.md) | [11.4](/filings/0001437749-26-027664.md) |
| Total assets | $m | [114](/filings/0001437749-23-031613.md) | [107](/filings/0001437749-25-009714.md) | [118](/filings/0001437749-24-026172.md) | [118](/filings/0001437749-24-026172.md) | [113](/filings/0001437749-24-034919.md) | [134](/filings/0001437749-26-010517.md) | [146](/filings/0001437749-25-016876.md) | [136](/filings/0001437749-25-026581.md) | [128](/filings/0001437749-25-034647.md) | [141](/filings/0001437749-26-027664.md) | [146](/filings/0001437749-26-017051.md) | [135](/filings/0001437749-26-027664.md) |
| Current liabilities | $m | [5.9](/filings/0001437749-23-031613.md) | [5.8](/filings/0001437749-25-009714.md) | [8.6](/filings/0001437749-24-016678.md) | [9.1](/filings/0001437749-24-026172.md) | [8.8](/filings/0001437749-24-034919.md) | [14.4](/filings/0001437749-26-010517.md) | [14.0](/filings/0001437749-25-016876.md) | [11.6](/filings/0001437749-25-026581.md) | [9.3](/filings/0001437749-25-034647.md) | [13.2](/filings/0001437749-26-027664.md) | [12.6](/filings/0001437749-26-017051.md) | [9.9](/filings/0001437749-26-027664.md) |
| Total liabilities | $m | [66.8](/filings/0001437749-23-031613.md) | [67.4](/filings/0001437749-25-009714.md) | [88.9](/filings/0001437749-24-016678.md) | [90.5](/filings/0001437749-24-026172.md) | [91.9](/filings/0001437749-24-034919.md) | [101](/filings/0001437749-26-010517.md) | [102](/filings/0001437749-25-016876.md) | [101](/filings/0001437749-25-026581.md) | [100](/filings/0001437749-25-034647.md) | [118](/filings/0001437749-26-027664.md) | [131](/filings/0001437749-26-017051.md) | [130](/filings/0001437749-26-027664.md) |
| Long-term debt | $m | [37.4](/filings/0001437749-23-031613.md) | [37.7](/filings/0001437749-25-009714.md) | [54.2](/filings/0001437749-24-016678.md) | [54.7](/filings/0001437749-24-026172.md) | [55.7](/filings/0001437749-24-034919.md) | [56.7](/filings/0001437749-26-010517.md) | [57.7](/filings/0001437749-25-016876.md) | [58.8](/filings/0001437749-25-026581.md) | [59.8](/filings/0001437749-25-034647.md) | [72.7](/filings/0001437749-26-027664.md) | [85.6](/filings/0001437749-26-017051.md) | [87.0](/filings/0001437749-26-027664.md) |
| Current portion of debt | $m | [0.2](/filings/0001437749-23-031613.md) | [0.2](/filings/0001437749-25-009714.md) | [0.2](/filings/0001437749-24-016678.md) | [0.2](/filings/0001437749-24-026172.md) | [0.1](/filings/0001437749-24-034919.md) | [0.1](/filings/0001437749-26-010517.md) | [0.1](/filings/0001437749-25-016876.md) | [0.1](/filings/0001437749-25-026581.md) | [0.1](/filings/0001437749-25-034647.md) | [0.1](/filings/0001437749-26-027664.md) | [0.0](/filings/0001437749-26-017051.md) | [0.0](/filings/0001437749-26-027664.md) |
| Shareholders' equity | $m | [47.7](/filings/0001437749-24-034919.md) | [40.0](/filings/0001437749-26-010517.md) | [36.6](/filings/0001437749-25-034647.md) | [27.6](/filings/0001437749-25-034647.md) | [20.7](/filings/0001437749-25-034647.md) | [34.0](/filings/0001437749-26-027664.md) | [44.0](/filings/0001437749-26-027664.md) | [35.6](/filings/0001437749-26-027664.md) | [27.7](/filings/0001437749-25-034647.md) | [23.3](/filings/0001437749-26-027664.md) | [15.6](/filings/0001437749-26-027664.md) | [4.7](/filings/0001437749-26-027664.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $k | [(5,531) d](/filings/0001437749-24-034919.md) | [(5,522) d](/filings/0001437749-25-009714.md) | [(2,873)](/filings/0001437749-25-016876.md) | [(7,063) d](/filings/0001437749-25-026581.md) | [(5,386) d](/filings/0001437749-25-034647.md) | [(6,210) d](/filings/0001437749-26-010517.md) | [(3,644)](/filings/0001437749-26-017051.md) | [(1,356) d](/filings/0001437749-26-027664.md) | [(7,010) d](/filings/0001437749-25-034647.md) | [(6,920) d](/filings/0001437749-26-010517.md) | [(5,510)](/filings/0001437749-26-017051.md) | [(6,648) d](/filings/0001437749-26-027664.md) |
| Capital expenditure | $k | [602 d](/filings/0001437749-24-034919.md) | [1,972 d](/filings/0001437749-25-009714.md) | [186](/filings/0001437749-25-016876.md) | [281 d](/filings/0001437749-25-026581.md) | [55.0 d](/filings/0001437749-25-034647.md) | [412 d](/filings/0001437749-26-010517.md) | [1,289](/filings/0001437749-26-017051.md) | [4,511 d](/filings/0001437749-26-027664.md) | [450 d](/filings/0001437749-25-034647.md) | [1,326 d](/filings/0001437749-26-010517.md) | [242](/filings/0001437749-26-017051.md) | [3,120 d](/filings/0001437749-26-027664.md) |
| Dividends paid | $k | [1,288 d](/filings/0001437749-24-034919.md) | [1,265 d](/filings/0001437749-25-009714.md) | [1,288](/filings/0001437749-25-016876.md) | [1,265 d](/filings/0001437749-25-026581.md) | [1,288 d](/filings/0001437749-25-034647.md) | [1,265 d](/filings/0001437749-26-010517.md) | [1,288](/filings/0001437749-26-017051.md) | [1,265 d](/filings/0001437749-26-027664.md) | [1,288 d](/filings/0001437749-25-034647.md) | [1,265 d](/filings/0001437749-26-010517.md) | [1,265](/filings/0001437749-26-017051.md) | [1,288 d](/filings/0001437749-26-027664.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividends

## Shares

| Line item | Unit | Q2 FY2017 (2017-06-30) | Q3 FY2017 (2017-09-30) | Q1 FY2018 (2018-03-31) | Q2 FY2018 (2018-06-30) | Q3 FY2018 (2018-09-30) | Q1 FY2019 (2019-03-31) | Q2 FY2019 (2019-06-30) | Q3 FY2019 (2019-09-30) | Q1 FY2020 (2020-03-31) | Q2 FY2020 (2020-06-30) | Q3 FY2020 (2020-09-30) | Q1 FY2021 (2021-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [22.5](/filings/0000727273-18-000015.md) | [22.9](/filings/0000727273-18-000020.md) | [0.0](/filings/0000727273-19-000012.md) | [0.0](/filings/0000727273-19-000020.md) | [24.5](/filings/0000727273-19-000026.md) | [0.0](/filings/0000727273-20-000023.md) | [0.0](/filings/0001437749-20-017083.md) | [0.0](/filings/0001437749-20-022803.md) | [0.0](/filings/0001437749-21-012533.md) | [0.0](/filings/0001437749-20-017083.md) | [0.0](/filings/0001437749-20-022803.md) | [0.0](/filings/0001437749-21-012533.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 84,677,075 at 2026-08-11, from the cover of the [10-Q filed 2026-08-13](/filings/0001437749-26-027664.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 29, 2026, 08:48 ET. No prices; not investment advice.