Water Treatment was Cadiz’s largest segment in fiscal 2025, bringing in $14.48M of $16.31M (89%).
| Segment | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Water Treatment | $740.00K | $7.90M | $14.48M |
| Water & Land Resources | $1.25M | $1.71M | $1.84M |
| Total | $1.99M | $9.61M | $16.31M |
Cadiz brought in $16.31M from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 69.8% from $9.61M in fiscal 2024. Water Treatment was the largest at $14.48M (88.8%), ahead of Water & Land Resources at $1.84M (11.2%).
Compared with fiscal 2024, Water Treatment grew 83.3% to $14.48M and Water & Land Resources grew 7.4% to $1.84M. From fiscal 2023 to 2025, combined revenue from these segments grew from $1.99M to $16.31M, 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 $182.00K of $297.00K (61%).
| Report Date | FY 2011 | FY 2013 |
|---|---|---|
| Quarter Ended March 31 | $457.00K | — |
| Quarter Ended December 31 | $401.00K | $111.00K |
| Quarter Ended September 30 | $121.00K | $182.00K |
| Quarter Ended June 30 | $40.00K | $4.00K |
| Total | $1.02M | $297.00K |
Cadiz brought in $297.00K from its three revenue lines in fiscal 2013, the year ended December 31, 2013. Cadiz regrouped these revenue lines after fiscal 2011, so the total does not compare directly with that year's $1.02M. Quarter Ended September 30 was the largest at $182.00K (61.3%), ahead of Quarter Ended December 31 at $111.00K (37.4%) and Quarter Ended June 30 at $4.00K (1.3%).
Compared with fiscal 2011, the previous year with figures, Quarter Ended September 30 grew 50.4% to $182.00K, while Quarter Ended December 31 fell 72.3% to $111.00K.
Cadiz stopped reporting Quarter Ended March 31 as a separate revenue line after fiscal 2011, when it brought in $457.00K.
Cadiz (CDZI) reports its revenue by segment and by report date. In fiscal 2025, Water Treatment was its largest segment, bringing in $14.48M (88.8% of the total), followed by Water & Land Resources at $1.84M (11.2%).
Water Treatment was Cadiz's largest segment in fiscal 2025, bringing in $14.48M, or 88.8% of the $16.31M total across its two segments.
Quarter Ended September 30 was Cadiz's largest revenue line in fiscal 2013, bringing in $182.00K, or 61.3% of the $297.00K total across its three revenue lines.
Water Treatment grew faster than Water & Land Resources in fiscal 2025, up 83.3% from $7.90M to $14.48M. Water & Land Resources grew 7.4% to $1.84M.
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.