Cadiz (CDZI) Gross Margin (2010 - 2025)

Cadiz (CDZI) posted Gross Margin of 33.03% for Q4 2025, up 20.83% sequentially from 27.33% in Q3 2025, and down 312.0% YoY from 15.58% in Q4 2024.

Cadiz (CDZI) Gross Margin (2010 - 2025) Analysis & Trends

Cadiz has reported Gross Margin for 11 years, with the latest figure at 33.03% in Q4 2025.

  • Quarterly Gross Margin fell 312.0% year-over-year to 33.03% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 31.57% (up 753.0% YoY) and the FY2025 annual result came in at 31.57%, up 753.0% from the prior year.
  • Gross Margin grew to 33.03% in Q4 2025 per CDZI's latest filing, from 27.33% in the prior quarter.
  • Over five years, Gross Margin peaked at 100.0% in Q3 2021 and troughed at 105.41% in Q4 2023.
  • A 5-year average of 10.25% and a median of 27.33% in 2025 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 19416 bps in 2022, then jumped 14156 bps in 2024.
  • Over 5 years, Gross Margin stood at 100.0% in 2021, then tumbled by 157 bps to 57.49% in 2022, then slumped by 83 bps to 105.41% in 2023, then surged by 134 bps to 36.15% in 2024, then decreased by 9 bps to 33.03% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods registered 33.03%, 27.33%, and 35.41% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 American Water Works Company 26.66 Bn 26.47 Bn - -
2 Essential Utilities 11.36 Bn 11.35 Bn - -
3 American States Water 3.38 Bn 3.36 Bn 278.03 Mn 91.44%
4 California Water Service 3.02 Bn 2.93 Bn 263.45 Mn 85.37%
5 H2O America 2.60 Bn 2.49 Bn 197.11 Mn 93.65%
6 Middlesex Water 1.09 Bn 1.09 Bn - -
7 Consolidated Water 517.12 Mn 390.79 Mn 10.92 Mn 36.42%
8 York Water 517.01 Mn 516.45 Mn - -
9 Artesian Resources 362.21 Mn 357.96 Mn 26.56 Mn 95.63%
10 Cadiz 288,587.84 -8.31 Mn 1.68 Mn 33.03%

Historic Data

Download Data
DateValue
Dec 31, 2025 33.03%
Sep 30, 2025 27.33%
Jun 30, 2025 35.41%
Mar 31, 2025 29.65%
Dec 31, 2024 36.15%
Sep 30, 2024 25.28%
Jun 30, 2024 -66.08%
Mar 31, 2024 10.44%
Dec 31, 2023 -105.41%
Sep 30, 2023 -88.04%
Jun 30, 2023 5.07%
Mar 31, 2023 83.08%
Dec 31, 2022 -57.49%
Sep 30, 2022 -94.16%
Jun 30, 2022 100.00%
Dec 31, 2021 100.00%
Sep 30, 2021 100.00%
Dec 31, 2015 -104.76%
Sep 30, 2015 -28.19%
Dec 31, 2014 -368.75%