Cadiz (CDZI) Operating Expenses (2010 - 2026)

Cadiz has reported Operating Expenses for 16 years, with the latest figure at $12.5 million in Q4 2025.

• Quarterly Operating Expenses rose 9.68% year-over-year to $12.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $41.9 million (up 27.56% YoY) and the FY2025 annual result came in at $41.9 million, up 27.56% from the prior year.
• Operating Expenses advanced to $12.5 million in Q4 2025 per CDZI's latest filing, from $9.0 million in the prior quarter.
• Over five years, Operating Expenses peaked at $12.5 million in Q4 2025 and troughed at $3.3 million in Q1 2021.
• A 5-year average of $6.7 million and a median of $6.1 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2021 and 2022: Operating Expenses soared 102.82% in 2021, then tumbled 44.78% in 2022.
• Over 5 years, Operating Expenses stood at $4.0 million in 2021, then soared by 39.54% to $5.5 million in 2022, then climbed by 11.11% to $6.1 million in 2023, then jumped by 85.59% to $11.4 million in 2024, then advanced by 9.68% to $12.5 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered $12.5 million, $9.0 million, and $9.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.