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Cadiz CDZI Water Treatment — Operating Income

Other segment segments

Water And Land Resources
-$7.63M

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Other financials

Income statement

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Revenue$1.6M-44.8%
Gross profit$425.0K-51.5%
Operating income-$6.8M+9.3%
Net income-$8.6M+10.0%
EPS (diluted)-$0.16

Balance sheet

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Cash & equivalents$16.5M-23.3%
Total debt$88.9M+44.7%
Total equity$15.6M-64.5%
Total assets$146.1M+0.4%

Cash flow

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Operating cash flow-$5.5M-51.2%
CapEx$242.0K-81.2%
Free cash flow-$5.8M-16.6%

Valuation

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Market cap$306.91M+22.9%
Enterprise value$379.26M+31.0%
P/S20.5×-1.4×

Profitability

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Gross margin31.3%+4.5pp
Operating margin-166.1%-34.9pp
Net margin-221.4%-44.6pp
FCF margin-182.3%-22.8pp

Returns & leverage

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Return on equity-111.3%+53.5pp
Debt / equity5.7×+4.3×
Current ratio1.9×-0.3×

Where this comes from

Reported directly by Cadiz in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Cadiz’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cadiz's water treatment — operating income?
Cadiz (CDZI) reported water treatment — operating income of -$795K in Q1 2026.
How has Cadiz's water treatment — operating income changed year-over-year?
Cadiz's water treatment — operating income decreased by 954.8% year-over-year, from $93K to -$795K.
What is the long-term trend for Cadiz's water treatment — operating income?
Over 2 years (2023 to 2025), Cadiz's water treatment — operating income has grown at a 75.3% compound annual growth rate (CAGR), from -$812K to $2.5M.
What does water treatment — operating income mean?
Measures the profitability of the water treatment segment by subtracting total operating costs and expenses from segment revenues. This metric indicates the segment's ability to generate value from its core operations independent of corporate financing or tax structures. It is a critical indicator of the segment's operational viability and financial health.