Codexis, Inc.

Codexis, Inc.

CDXSยทNASDAQ

$2.81

+4.6%
HealthcareBiotechnology

Codexis, Inc. discovers, develops, and sells enzymes and other proteins. It offers biocatalyst products and services; intermediate chemicals products that are used for further chemical processing; and Codex biocatalyst panels and kits that enable customers to perform chemistry screening. The company also provides biocatalyst screening and protein engineering services. In addition, it offers CodeEvolver protein engineering technology platform, which helps in developing and delivering biocatalysts that perform chemical transformations and enhance the efficiency and productivity of manufacturing processes. The company's platform is also used to discover novel biotherapeutic drug candidates for targeted human diseases, as well as for molecular biology and in vitro diagnostic enzymes. It sells its products to pharmaceutical manufacturers through its direct sales and business development force in the United States and Europe. The company was incorporated in 2002 and is headquartered in Redwood City, California.

At a Glance

Live Snapshot
Market Cap$255.87M
EPS-0.5000
P/E Ratio-5.63
Earnings Date08/12/2026
3Y-49.0%
5Y+2.0%
10Y+44.0%
3Y+31.0%
5Y+83.0%
10Y+414.0%
3Y-272.0%
5Y+18.0%
10Y+617.0%
Codexis, Inc.

Codexis, Inc. Profit Bridge

CDXS ยท NASDAQ
Revenue70.39M
Cost of Goods Sold (14.44M)
Gross Profit55.95M
Operating Expenses (94.28M)
Operating Income-38.33M
Interest Expense (4.81M)
Other Income/Expense-5.59M
Pretax Income-43.93M
Income Tax (47.00K)
Net Income-43.97M
Net Income
-43.97M

Profitability Analysis

Gross Margin

79.5%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-54.5%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-62.5%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Codexis, Inc. Income Statement

CDXS โ€ข NASDAQ

Codexis, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
70.4M
59.3M
70.1M
138.6M
104.8M
69.1M
68.5M
60.6M
50M
48.8M
41.8M
35.3M
31.9M
88.3M
123.9M
107.1M
82.9M
50.5M
25.3M
12.1M
GROSS PROFIT
(14.4M)
(16.3M)
(12.8M)
(38M)
(22.2M)
(13.7M)
(15.6M)
(12.6M)
(14.3M)
(9.8M)
(6.6M)
(9.7M)
(14.6M)
(30.6M)
(41.8M)
(28M)
(16.7M)
(13.2M)
(8.3M)
(1.8M)
56M
43.1M
57.3M
100.6M
82.5M
55.3M
52.8M
48M
35.7M
39.1M
35.2M
25.6M
17.4M
57.7M
82.1M
79.1M
66.2M
37.3M
17M
10.3M
OPERATING INCOME
(94.3M)
(101.6M)
(125.4M)
(135.4M)
(105.2M)
(79.2M)
(65.4M)
(59.3M)
(58.7M)
(47.6M)
(43M)
(44.7M)
(58.5M)
(88.2M)
(98M)
(86.2M)
(84.6M)
(81.3M)
(55.4M)
(29.1M)
(47.1M)
(55.1M)
(53.3M)
(52.2M)
(49.3M)
(35M)
(31.5M)
(29.3M)
(29M)
(25.4M)
(22.3M)
(21.9M)
(26.9M)
(31.4M)
(36.9M)
(33.8M)
(29.9M)
(35.7M)
(19.7M)
(11.9M)
(44.4M)
(46.3M)
(58.9M)
(80.1M)
(55.9M)
(44.2M)
(33.9M)
(30M)
(29.7M)
(22.2M)
(20.7M)
(22.8M)
(31.6M)
(56.8M)
(61M)
(52.4M)
(54.7M)
(45.6M)
(35.6M)
(17.3M)
-38.3M
-58.5M
-68.1M
-34.9M
-22.7M
-23.9M
-12.5M
-11.3M
-23M
-8.6M
-7.8M
-19.1M
-41.1M
-30.5M
-15.9M
-7.1M
-18.4M
-44M
-38.3M
-18.8M
PRE-TAX INCOME
(4.8M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(675K)
(1.2M)
(2M)
(2.4M)
(2.5M)
(724K)
-2.2M
3.7M
4.2M
1.4M
459K
405K
1.3M
671K
147K
60K
19K
18K
60K
252K
304K
-42K
-1.9M
-827K
-1M
18K
(2.9M)
(165K)
(13.3M)
(3.2M)
(0.0)
(0.0)
(0.0)
-291K
-92K
-94K
-168K
-234K
(0.0)
-326K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-5.6M
-6.7M
-8.1M
1.6M
1.6M
249K
631K
380K
55K
-34K
-149K
-216K
-244K
-74K
-402K
-1M
-1.9M
-827K
-1M
18K
-43.9M
-65.2M
-76.2M
-33.3M
-21.1M
-23.7M
-11.9M
-10.9M
-22.9M
-8.6M
-7.9M
-19.3M
-41.4M
-30.6M
-16.3M
-8.2M
-20.2M
-44.8M
-39.4M
-18.8M
NET INCOME
(47K)
(34K)
(69K)
(276K)
(189K)
(339K)
(17K)
-37K
(81K)
-40K
-338K
-256K
-87K
(270K)
(241K)
(384K)
(66K)
(327K)
-408K
-127K
-44M
-65.3M
-76.2M
-33.6M
-21.3M
-24M
-11.9M
-10.9M
-23M
-8.6M
-7.6M
-19.1M
-41.3M
-30.9M
-16.6M
-8.5M
-20.3M
-45.1M
-39M
-18.7M

SEC Filings

CDXS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 28, 2026
June 17, 2026
2026
8-K

8-K 2026

N/A

April 14, 2026
April 08, 2026
2026
10-K

10-K 2025 FY

FY

March 11, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 11, 2026
March 11, 2026
2026
8-K

8-K 2025

N/A

November 06, 2025
November 05, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

August 13, 2025
August 13, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 13, 2025
June 30, 2025
2025
Showing 1 to 10 of 283 filings