Flagship explainer

How CADIZ INC makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$16.3M · 100%Cost of revenue$11.2M · 68%Gross profit$5.2M · 32%Operating income−$25.6M · −157%Income before tax−$34.1M · −209%Income tax$11000 · 0%Net income−$34.2M · −209%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$16.3M100%
Cost of revenue$11.2M68%
$5.2M32%
−$25.6M−157%
Income before tax−$34.1M−209%
Income tax$110000%
−$34.2M−209%
Source: · event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
Embed this chart

View the full CADIZ INC analysis at Buy Like Buffett