Filing Flows › Cadiz (CDZI) › Q1 2026 › vs Q1 2025
Cadiz (CDZI) Q1 2026 vs Q1 2025 (year over year)
Cadiz's revenue fell $1.3M (-45%) from $3.0M in Q1 2025 to $1.6M in Q1 2026. The biggest changes: Water Treatment −$1.1M (-47%); Water and Land Resources −$207K (-37%).
Cadiz, Q1 2026: revenue $1.6M (-45% year over year), operating margin -418.8%, net loss $8.6M, operating cash flow −$5.5M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Water Treatment | $1.3M | $2.4M | −$1.1M | -47% |
| Water and Land Resources | $358K | $565K | −$207K | -37% |
| Revenue | $1.6M | $3.0M | −$1.3M | -45% |
| Net loss | $8.6M | $9.6M | −$957K | -10% |
| Costs & expenses | $10.3M | $12.5M | −$2.3M | -18% |
| Operating costs | $8.5M | $10.5M | −$2.0M | -19% |
| Interest & other, net | $1.8M | $2.1M | −$259K | -13% |
| Income tax | $3K | $3K | $0 | 0% |
| Cost of revenue | $1.2M | $2.1M | −$871K | -42% |
| General & admin | $6.9M | $8.1M | −$1.2M | -15% |
| Other operating costs | $383K | $302K | $81K | +27% |
| Operating cash sources | $8.6M | $9.6M | −$957K | -10% |
| Depreciation | $383K | $302K | $81K | +27% |
| Share-based compensation | $479K | $2.8M | −$2.3M | -83% |
| Working capital & other | $2.3M | $2.9M | −$614K | -21% |
| Cash used in operations | $5.5M | $3.6M | $1.9M | +51% |
| Net loss absorbed | $8.6M | $9.6M | −$957K | -10% |
Questions
How much did Cadiz's revenue grow year over year in Q1 2026?
Cadiz's revenue fell $1.3M (-45%) from $3.0M in Q1 2025 to $1.6M in Q1 2026.
What drove Cadiz's revenue change in Q1 2026?
Water Treatment −$1.1M (-47%); Water and Land Resources −$207K (-37%).