CADIZ INC (CDZIP)

22.25 -0.59% (-0.13)

Over 5Y: +70.9%

2026-08-28
10 20
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q3 '21 — Revenue: 142K Q3 '21 — Operating Cash Flow: -3.6M Q3 '21 — Free Cash Flow: -4.6M Q3 '21 — Net Income: -7.8M Q4 '21 — Revenue: 142K Q4 '21 — Operating Cash Flow: -5.6M Q4 '21 — Free Cash Flow: -7.4M Q4 '21 — Net Income: -5.9M Q1 '22 — Revenue: 142K Q1 '22 — Operating Cash Flow: -3.2M Q1 '22 — Free Cash Flow: -3.8M Q1 '22 — Net Income: -5.9M Q2 '22 — Revenue: 185K Q2 '22 — Operating Cash Flow: -4.3M Q2 '22 — Free Cash Flow: -5.5M Q2 '22 — Net Income: -5.5M Q3 '22 — Revenue: 599K Q3 '22 — Operating Cash Flow: -5.8M Q3 '22 — Free Cash Flow: -6.5M Q3 '22 — Net Income: -6.5M Q4 '22 — Revenue: 574K Q4 '22 — Operating Cash Flow: -5.2M Q4 '22 — Free Cash Flow: -6.2M Q4 '22 — Net Income: -6.9M Q1 '23 — Revenue: 130K Q1 '23 — Operating Cash Flow: -4.1M Q1 '23 — Free Cash Flow: -6.3M Q1 '23 — Net Income: -10.7M Q2 '23 — Revenue: 809K Q2 '23 — Operating Cash Flow: -5.8M Q2 '23 — Free Cash Flow: -6.8M Q2 '23 — Net Income: -7.1M Q3 '23 — Revenue: 368K Q3 '23 — Operating Cash Flow: -5.5M Q3 '23 — Free Cash Flow: -6.1M Q3 '23 — Net Income: -6.9M Q4 '23 — Revenue: 684K Q4 '23 — Operating Cash Flow: -5.5M Q4 '23 — Free Cash Flow: -7.5M Q4 '23 — Net Income: -6.8M Q1 '24 — Revenue: 1.1M Q1 '24 — Operating Cash Flow: -2.9M Q1 '24 — Free Cash Flow: -3.1M Q1 '24 — Net Income: -6.8M Q2 '24 — Revenue: 513K Q2 '24 — Operating Cash Flow: -7.1M Q2 '24 — Free Cash Flow: -7.3M Q2 '24 — Net Income: -8.9M Q3 '24 — Revenue: 3.2M Q3 '24 — Operating Cash Flow: -5.4M Q3 '24 — Free Cash Flow: -5.4M Q3 '24 — Net Income: -6.8M Q4 '24 — Revenue: 4.8M Q4 '24 — Operating Cash Flow: -6.2M Q4 '24 — Free Cash Flow: -6.6M Q4 '24 — Net Income: -8.6M Q1 '25 — Revenue: 3M Q1 '25 — Operating Cash Flow: -3.6M Q1 '25 — Free Cash Flow: -4.9M Q1 '25 — Net Income: -9.6M Q2 '25 — Revenue: 4.1M Q2 '25 — Operating Cash Flow: -1.4M Q2 '25 — Free Cash Flow: -5.9M Q2 '25 — Net Income: -7.7M Q3 '25 — Revenue: 4.1M Q3 '25 — Operating Cash Flow: -7M Q3 '25 — Free Cash Flow: -7.5M Q3 '25 — Net Income: -7.1M Q4 '25 — Revenue: 5.1M Q4 '25 — Operating Cash Flow: -6.9M Q4 '25 — Free Cash Flow: -8.2M Q4 '25 — Net Income: -9.8M Q1 '26 — Revenue: 1.6M Q1 '26 — Operating Cash Flow: -5.5M Q1 '26 — Free Cash Flow: -5.8M Q1 '26 — Net Income: -8.6M Q2 '26 — Revenue: 979K Q2 '26 — Operating Cash Flow: -6.6M Q2 '26 — Free Cash Flow: -9.8M Q2 '26 — Net Income: -11.4M -10.5M -7M -3.5M 0 3.5M 7M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

0.6
SBC / sales 36.2%
OE margin -299.8%
Oper. margin -236.1%
ROIC -28.4%
Accruals -8.0%
Gross margin 27.1%
Asset turnover 0.088×
EBITDA margin -224.0%
FCF margin -263.6%
OCF margin -220.3%
Profit margin -311.0%
ROA -27.3%
ROCE -22.4%
ROE -789.7%
OCF / EBIT —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

3.2
RPO / sales 0.054×
Segment HHI 0.8 HHI
RPO growth —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.5
ND/EBITDA —
Quick ratio 0.96×
Cash / Debt 0.068×
Debt / Eq 16.8×
F-score 3.0 pts
Net debt / Eq 15.6×
Cash runway —
Debt payback —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.8
Sales CAGR 4Y +131.9%
Sales/sh Y/Y -21.3%
Div. growth +0.0%
Sales Q/Q -76.3%
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —
Shares change —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.