Codexis, Inc. (CDXS)
NASDAQ: CDXS · Real-Time Price · USD
1.560
-0.040 (-2.50%)
At close: Aug 14, 2026, 4:00 PM EDT
1.550
-0.010 (-0.64%)
After-hours: Aug 14, 2026, 7:59 PM EDT

Codexis Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
77.6870.3959.3570.14138.59104.75
Revenue Growth
35.89%18.61%-15.39%-49.39%32.30%51.69%
Gross Profit
18.858.74-3.21-1.5520.4626.63
Operating Income
-24.26-38.33-58.35-54.8-31.71-22.7
Net Income
-30.72-43.97-65.28-76.24-33.59-21.28
Earnings Per Share
-0.34-0.50-0.89-1.12-0.51-0.33
EPS Growth
------

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
United States, Canada, Latin America (Americas)
44.6843.5421.2813.731723.48
Ireland
-0.71.80.537.21.4
Switzerland
-4.23.411.19.210.1
Europe, Middle East, Africa (emea) (excl. Ireland & Switzerland)
-4.395.1611.3110.148.69
China
-9.39.820.348.643.5
India
-5.77.35.78.8-
Singapore
-0.46.22.43.2-
Australia, New Zealand, Southeast Asia, China (apac) (excl. China, India, Singapore)
-2.164.415.14.45-
Total
77.6870.3959.3570.14138.59104.75

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
54.9278.2173.4665.12113.98116.8
Total Debt
72.5973.2159.916.0243.6447.65
Net Cash (Debt)
-17.67513.5649.0970.3569.14
Net Cash Growth
--63.13%-72.37%-30.21%1.74%-44.76%
Net Cash Per Share
-0.190.060.180.721.081.07

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-10.4-19.38-49.41-52.6411.28-14.27
Capital Expenditures
-1.78-4.47-4.31-4.42-8.31-13.83
Free Cash Flow
-12.18-23.85-53.72-57.062.98-28.1
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
24.27%12.42%-5.40%-2.21%14.76%25.42%
Operating Margin
-31.23%-54.46%-98.33%-78.13%-22.88%-21.67%
Pretax Margin
-39.46%-62.41%-109.94%-108.59%-24.04%-20.13%
Profit Margin
-39.55%-62.48%-109.99%-108.69%-24.24%-20.31%
FCF Margin
-15.68%-33.88%-90.51%-81.34%2.15%-26.82%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
-151.20151.20151.20151.20151.20
P/FCF Ratio
----102.82-
PS Ratio
2.202.096.543.042.2119.37