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Cadiz CDZI Retained Earnings

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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$279.17M+0.3%
Enterprise value$351.51M+7.3%
P/S18.6×+0.1×

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:RetainedEarningsAccumulatedDeficit.

The source filing: Cadiz’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 4:10 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-017051
($ in thousands, except per share data)March 31, 2026December 31, 2025
Stockholders’ equity:
Preferred stock - $.01 par value; 100,000 shares authorized at March 31, 2026 and December 31, 2025; shares issued and outstanding – 329 at March 31, 2026 and December 31, 202511
8.875% Series A cumulative, perpetual preferred stock - $.01 par value; 7,500 shares authorized at March 31, 2026 and December 31, 2025; shares issued and outstanding – 2,300 at March 31, 2026 and December 31, 202511
Common stock - $.01 par value; 100,000,000 shares authorized at March 31, 2026 and December 31, 2025; shares issued and outstanding – 83,799,366 at March 31, 2026 and 83,213,589 at December 31, 2025836830
Additional paid-in capital715,602714,616
Accumulated deficit(700,828)(692,192)
Total stockholders’ equity15,61223,256
Total liabilities and stockholders’ deficit$146,120$140,914

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FAQ

What is Cadiz's retained earnings?
Cadiz (CDZI) reported retained earnings of -$700.83M in Q1 2026.
How has Cadiz's retained earnings changed year-over-year?
Cadiz's retained earnings decreased by 2.0% year-over-year, from -$686.95M to -$700.83M.
What is the long-term trend for Cadiz's retained earnings?
Over 5 years (2020 to 2025), Cadiz's retained earnings has grown at a 5.1% compound annual growth rate (CAGR), from -$539.41M to -$692.19M.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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