Cadiz

Q2 FY2026 EarningsQ2 FY26 missed consensus estimates significantly across key top and bottom-line metrics. Revenue of $0.98M fell 73.1% short of the $3.64M expected, primarily due to a sharp decline in ATEC water filter sales. GAAP Net Loss of $11.37M was wider than the $9.29M consensus, while EPS of -$0.15 missed the -$0.11 expectation. Despite the operational miss, the company secured a 45-year BLM right-of-way for its Northern Pipeline and maintained a path toward Mojave Groundwater Bank construction through Lytton Credit Agreement draws.