Filing Flows › Cadiz (CDZI) › Q2 2026 › vs Q2 2025
Cadiz (CDZI) Q2 2026 vs Q2 2025 (year over year)
Cadiz's revenue fell $3.1M (-76%) from $4.1M in Q2 2025 to $979K in Q2 2026. The biggest changes: Water Treatment −$2.9M (-79%); Water and Land Resources −$212K (-49%).
Cadiz, Q2 2026: revenue $979K (-76% year over year), operating margin -902.5%, net loss $11.4M, operating cash flow −$6.6M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Water Treatment | $760K | $3.7M | −$2.9M | -79% |
| Water and Land Resources | $219K | $431K | −$212K | -49% |
| Revenue | $979K | $4.1M | −$3.1M | -76% |
| Net loss | $11.4M | $7.7M | $3.6M | +47% |
| Costs & expenses | $12.4M | $11.9M | $497K | +4% |
| Operating costs | $9.8M | $9.9M | −$89K | -0.9% |
| Interest & other, net | $2.5M | $2.0M | $584K | +30% |
| Income tax | $4K | $2K | $2K | +100% |
| Cost of revenue | $1.0M | $2.7M | −$1.7M | -62% |
| General & admin | $8.4M | $6.9M | $1.5M | +21% |
| Other operating costs | $387K | $303K | $84K | +28% |
| Operating cash sources | $11.4M | $7.7M | $3.6M | +47% |
| Depreciation | $387K | $303K | $84K | +28% |
| Share-based compensation | $1.8M | $550K | $1.3M | +233% |
| Working capital & other | $2.5M | $5.5M | −$3.0M | -55% |
| Cash used in operations | $6.6M | $1.4M | $5.3M | +390% |
| Net loss absorbed | $11.4M | $7.7M | $3.6M | +47% |
Questions
How much did Cadiz's revenue grow year over year in Q2 2026?
Cadiz's revenue fell $3.1M (-76%) from $4.1M in Q2 2025 to $979K in Q2 2026.
What drove Cadiz's revenue change in Q2 2026?
Water Treatment −$2.9M (-79%); Water and Land Resources −$212K (-49%).