Short answer
CADIZ INC (CDZI) filed its Q3 2025 10-Q quarterly report on Nov 13, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $4M (up 28.7% year over year) with net income of −$7M.
Q3 2025 key financials · XBRL
- Revenue
- $4M
- +28.7% YoY · +0.6% QoQ
- Net income
- −$7M
- −4.1% YoY · +8.5% QoQ
- Operating margin
- -118.0%
- EPS (diluted)
- −$0.10
- +16.7% YoY · +9.1% QoQ
Source: XBRL data from the CADIZ INC (CDZI) Q3 2025 10-Q on SEC EDGAR. USD.
CADIZ INC Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $4.1M vs $3.2M YoY, driven by ATEC sales of $4.0M vs $2.8M
- ATEC gross margin 49.6% vs 32.1% YoY, with 113 filters shipped vs 95
- Water Filtration Technology best segment: $4.0M revenue and $999K operating income vs $2.8M and $519K
- Operating loss $4.9M vs $4.8M YoY; net loss $7.1M vs $6.8M
- Nine-month operating cash use $12.0M vs $15.3M; $51M Lytton facility supports Mojave Groundwater Bank construction
Risk Factors
- No material changes to 2024 Form 10-K risk factors
- Carried-forward regulatory, legal, operational, competitive, and financial risks unchanged from the 2024 Form 10-K
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other CADIZ INC quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.