CDXS
Codexis Inc
NASDAQ: CDXS · HEALTHCARE · BIOTECHNOLOGY
$2.82
+0.36% today
Updated 2026-04-30
Market cap
$238.08M
P/E ratio
—
P/S ratio
3.38x
EPS (TTM)
$-0.50
Dividend yield
—
52W range
$1 – $4
Volume
2.6M
Codexis Inc (CDXS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.13M | $25.33M | $50.48M | $82.91M | $107.10M | $123.86M | $88.30M | $31.92M | $35.31M | $41.80M | $48.84M | $50.02M | $60.59M | $68.46M | $69.06M | $104.75M | $138.59M | $70.14M | $59.34M | $70.39M |
| Revenue growth (YoY) | — | +108.9% | +99.3% | +64.2% | +29.2% | +15.6% | -28.7% | -63.8% | +10.6% | +18.4% | +16.8% | +2.4% | +21.1% | +13.0% | +0.9% | +51.7% | +32.3% | -49.4% | -15.4% | +18.6% |
| Cost of revenue | $1.81M | $8.32M | $13.19M | $16.68M | $27.98M | $41.78M | $30.65M | $14.55M | $9.73M | $6.59M | $9.75M | $14.33M | $12.62M | $15.63M | $13.74M | $22.21M | $38.03M | $12.81M | $16.29M | $14.44M |
| Gross profit | $10.32M | $17.01M | $37.29M | $66.23M | $79.12M | $82.08M | $57.65M | $17.37M | $25.58M | $35.22M | $39.08M | $35.70M | $47.97M | $52.83M | $55.31M | $82.55M | $100.56M | $57.33M | $43.06M | $55.95M |
| Gross margin | 85.1% | 67.2% | 73.9% | 79.9% | 73.9% | 66.3% | 65.3% | 54.4% | 72.5% | 84.2% | 80.0% | 71.4% | 79.2% | 77.2% | 80.1% | 78.8% | 72.6% | 81.7% | 72.6% | 79.5% |
| R&D | $17.26M | $35.64M | $45.55M | $54.73M | $52.41M | $61.05M | $56.78M | $31.61M | $22.75M | $20.67M | $22.23M | $29.66M | $29.98M | $33.87M | $44.19M | $55.92M | $80.10M | $58.88M | $46.26M | $44.36M |
| SG&A | $11.88M | $19.71M | $35.71M | $29.87M | $33.84M | $36.94M | $31.38M | $26.41M | $21.94M | $22.32M | $25.42M | $29.01M | $29.29M | $31.50M | $35.05M | $49.32M | $51.87M | $52.95M | $55.15M | $47.07M |
| Operating income | $-18.82M | $-38.34M | $-43.97M | $-18.37M | $-7.12M | $-15.91M | $-30.51M | $-41.15M | $-19.11M | $-7.77M | $-8.56M | $-22.97M | $-11.29M | $-12.55M | $-23.92M | $-22.70M | $-34.88M | $-68.07M | $-58.52M | $-38.33M |
| Operating margin | -155.2% | -151.4% | -87.1% | -22.2% | -6.7% | -12.8% | -34.6% | -128.9% | -54.1% | -18.6% | -17.5% | -45.9% | -18.6% | -18.3% | -34.6% | -21.7% | -25.2% | -97.0% | -98.6% | -54.5% |
| EBITDA | $-15.69M | $-35.67M | $-37.87M | $-12.06M | $681000.00 | $-4.84M | $-18.10M | $-31.07M | $-12.43M | $-2.36M | $-4.02M | $-21.93M | $-10.15M | $-7.99M | $-19.37M | $-16.75M | $-26.31M | $-49.28M | $-58.52M | $-30.04M |
| EBITDA margin | -129.4% | -140.8% | -75.0% | -14.5% | 0.6% | -3.9% | -20.5% | -97.3% | -35.2% | -5.6% | -8.2% | -43.8% | -16.7% | -11.7% | -28.0% | -16.0% | -19.0% | -70.3% | -98.6% | -42.7% |
| EBIT | $-18.07M | $-38.56M | $-42.44M | $-18.19M | $-7.63M | $-16.31M | $-30.51M | $-41.39M | $-19.11M | $-7.77M | $-8.56M | $-22.97M | $-11.29M | $-12.55M | $-23.92M | $-22.70M | $-31.71M | $-54.80M | $-58.35M | $-38.33M |
| Interest expense | $724000.00 | $2.53M | $2.37M | $2.04M | $1.20M | $675000.00 | $274000.00 | $304000.00 | $18000.00 | $19000.00 | $60000.00 | $147000.00 | $671000.00 | $5.19M | $4.80M | $7.55M | $1.44M | $12.27M | $10.39M | $4.81M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 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% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-18.67M | $-38.98M | $-45.13M | $-20.29M | $-8.54M | $-16.55M | $-30.86M | $-41.30M | $-19.07M | $-7.58M | $-8.56M | $-23.00M | $-10.88M | $-11.94M | $-24.01M | $-21.28M | $-33.59M | $-76.24M | $-65.28M | $-43.97M |
| Net income growth (YoY) | — | -108.8% | -15.8% | +55.0% | +57.9% | -93.8% | -86.4% | -33.9% | +53.8% | +60.2% | -12.9% | -168.7% | +52.7% | -9.7% | -101.2% | +11.4% | -57.9% | -127.0% | +14.4% | +32.6% |
| Profit margin | -154.0% | -153.9% | -89.4% | -24.5% | -8.0% | -13.4% | -34.9% | -129.4% | -54.0% | -18.1% | -17.5% | -46.0% | -18.0% | -17.4% | -34.8% | -20.3% | -24.2% | -108.7% | -110.0% | -62.5% |