Water Treatment was Cadiz’s largest segment in fiscal 2025, bringing in $28.96M of $32.63M (89%).
| Segment | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Water Treatment | $1.48M | $15.80M | $28.96M |
| Water & Land Resources | $2.50M | $3.42M | $3.67M |
| Total | $3.98M | $19.22M | $32.63M |
Cadiz brought in $32.63M from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 69.8% from $19.22M in fiscal 2024. Water Treatment was the largest at $28.96M (88.8%), ahead of Water & Land Resources at $3.67M (11.2%).
Compared with fiscal 2024, Water Treatment grew 83.3% to $28.96M and Water & Land Resources grew 7.4% to $3.67M. From fiscal 2023 to 2025, combined revenue from these segments grew from $3.98M to $32.63M, a compound annual growth rate of 186.2%. Water Treatment's share of the total rose from 37.2% to 88.8%.
Quarter Ended September 30 was Cadiz’s largest revenue line in fiscal 2013, bringing in $364.00K of $602.00K (60%).
| Report Date | FY 2011 | FY 2013 |
|---|---|---|
| Quarter Ended December 31 | $802.00K | $222.00K |
| Quarter Ended March 31 | $914.00K | $8.00K |
| Quarter Ended September 30 | $242.00K | $364.00K |
| Quarter Ended June 30 | $80.00K | $8.00K |
| Total | $2.04M | $602.00K |
Cadiz brought in $602.00K from its four revenue lines in fiscal 2013, the year ended December 31, 2013. That was down 70.5% from $2.04M in fiscal 2011, the previous year with figures. Quarter Ended September 30 was the largest at $364.00K (60.5%), ahead of Quarter Ended December 31 at $222.00K (36.9%) and Quarter Ended March 31 at $8.00K (1.3%). The remaining revenue line, Quarter Ended June 30, brought in $8.00K.
Compared with fiscal 2011, the previous year with figures, Quarter Ended September 30 grew 50.4% to $364.00K, while Quarter Ended December 31 fell 72.3% to $222.00K. From fiscal 2011 to 2013, combined revenue from these revenue lines fell from $2.04M to $602.00K, a compound annual decline of 45.7%. Quarter Ended September 30's share of the total rose from 11.9% to 60.5%.
Cadiz (CDZI) reports its revenue by segment and by report date. In fiscal 2025, Water Treatment was its largest segment, bringing in $28.96M (88.8% of the total), followed by Water & Land Resources at $3.67M (11.2%).
Water Treatment was Cadiz's largest segment in fiscal 2025, bringing in $28.96M, or 88.8% of the $32.63M total across its two segments.
Quarter Ended September 30 was Cadiz's largest revenue line in fiscal 2013, bringing in $364.00K, or 60.5% of the $602.00K total across its four revenue lines.
Water Treatment grew faster than Water & Land Resources in fiscal 2025, up 83.3% from $15.80M to $28.96M. Water & Land Resources grew 7.4% to $3.67M.
Every figure comes from Cadiz's annual financial filings, as reported. Each line keeps the name Cadiz gives it, and years follow its fiscal calendar.
Cadiz's revenue by segment goes back to fiscal 2023, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.