CODEXIS, INC.
CODEXIS, INC.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 27 | 37 | 51 | 25 | 27 | 18 | 19 | 37 | 19 | 58 | 65 | 75 | |||||
Restricted Cash | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Short Term Investments | 28 | 29 | 27 | 33 | 40 | 42 | 54 | 53 | 55 | 28 | 0 | - | |||||
Fi Nonecing Receivable Be… | |||||||||||||||||
Financing Receivable Befo… | |||||||||||||||||
Accounts Receivable Net Current | - | - | - | - | - | - | - | - | - | - | 10 | - | |||||
Accounts Receivable Gross Current | 7 | 7 | 9 | 6 | 12 | 6 | 12 | 10 | 5 | 6 | 10 | 12 | |||||
Contract With Customer Asset Gross Current | 4 | 0 | 0 | 2 | 1 | 2 | 4 | 3 | 3 | 3 | 1 | 2 | |||||
Unbilled Receivables Current | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 4 | 5 | 9 | 6 | |||||
Notes Receivable Gross | 12 | 8 | 11 | 10 | 17 | 12 | 19 | 17 | 12 | 14 | 20 | 19 | |||||
Allowance For Notes And Loans Receivable Current | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |||||
Accounts Notes And Loans Receivable Net Current | 12 | 8 | 11 | 10 | 16 | 12 | 19 | 17 | 12 | 14 | 20 | 19 | |||||
Inventory Net | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | |||||
Prepaid Expense And Other Assets Current | 3 | 4 | 6 | 5 | 3 | 4 | 4 | 3 | 3 | 5 | 5 | 5 | |||||
Assets Held For Sale Not Part Of Disposal Group Cu… | - | - | - | - | - | - | - | - | - | - | - | 1 | |||||
Assets Current | 72 | 80 | 97 | 76 | 89 | 78 | 99 | 113 | 91 | 108 | 93 | 103 | |||||
Restricted Cash Noncurrent | - | - | - | - | - | - | - | - | - | - | 1 | - | |||||
Restricted Cash And Cash Equivalents Noncurrent | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Equity Securities Without Readily Determinable Fai… | - | - | - | - | - | - | - | - | - | - | 10 | - | |||||
Investments And Other Noncurrent Assets | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 6 | 10 | 10 | 10 | 18 | |||||
Operating Lease Right Of Use Asset | 29 | 30 | 31 | 27 | 27 | 28 | 29 | 11 | 12 | 12 | 13 | 14 | |||||
Property Plant And Equipment Net | 12 | 13 | 13 | 14 | 15 | 16 | 14 | 13 | 14 | 15 | 15 | 15 | |||||
Goodwill | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Other Assets Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | |||||
Assets | 120 | 129 | 148 | 124 | 138 | 129 | 149 | 148 | 132 | 150 | 137 | 154 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 3 | 2 | 2 | 2 | 1 | 6 | 3 | 4 | 4 | 3 | 6 | 3 | |||||
Employee Related Liabilities Current | 6 | 5 | 11 | 10 | 7 | 6 | 11 | 10 | 8 | 7 | 11 | 11 | |||||
Accrued Liabilities Current | 3 | 3 | 3 | 3 | 3 | 5 | 6 | 7 | 5 | 5 | 5 | 9 | |||||
Operating Lease Liability Current | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 7 | |||||
Contract With Customer Liability Current | 1 | 1 | 7 | 0 | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 9 | |||||
Liabilities Current | 24 | 15 | 25 | 18 | 15 | 21 | 24 | 35 | 31 | 29 | 36 | 38 | |||||
Contract With Customer Liability Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 10 | |||||
Operating Lease Liability Noncurrent | 28 | 29 | 30 | 26 | 27 | 27 | 28 | 9 | 10 | 11 | 12 | 13 | |||||
Long Term Debt Noncurrent | 34 | 40 | 40 | 40 | 39 | 29 | 29 | 29 | 28 | 28 | 0 | - | |||||
Other Liabilities Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Liabilities | 87 | 86 | 97 | 85 | 83 | 79 | 82 | 75 | 71 | 70 | 50 | 63 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 660 | 659 | 657 | 655 | 652 | 633 | 630 | 626 | 593 | 588 | 584 | 582 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | -0 | -0 | 0 | - | |||||
Related Party | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Retained Earnings Accumulated Deficit | -627 | -615 | -607 | -616 | -597 | -583 | -563 | -552 | -532 | -509 | -498 | -490 | |||||
Stockholders Equity | 33 | 43 | 51 | 39 | 56 | 50 | 67 | 73 | 61 | 79 | 87 | 92 | |||||
Liabilities And Stockholders Equity | 120 | 129 | 148 | 124 | 138 | 129 | 149 | 148 | 132 | 150 | 137 | 154 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |||||
Common Stock Shares Issued | 91 | 91 | 90 | 90 | 90 | 83 | 82 | 81 | 71 | 71 | 70 | 70 | |||||
Shares Outstanding | 91 | 91 | 90 | 90 | 90 | 83 | 82 | 81 | 71 | 71 | 70 | 70 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.36% | -7.36% | -42.64% | - | - | - | - | - | - | - | - | - |
| 2025 | -4.05% | 12.15% | 8.91% | -20.66% | -16.72% | -22.30% | -15.20% | -20.10% | -17.65% | 43.31% | 110.24% | 118.11% |
| 2024 | -5.09% | -11.98% | 6.29% | -8.25% | 2.54% | -7.62% | 46.82% | 68.15% | 59.24% | -35.11% | -46.31% | -37.15% |
| 2023 | - | - | - | - | - | - | 5.18% | 61.66% | 39.38% | -7.26% | -23.92% | -2.96% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 3.06 | 5.36 | 3.82 | 4.12 | 5.82 | 3.72 | 4.18 | 3.21 | 2.99 | 3.71 | 2.61 | 2.68 | |||||
| Quick Ratio | 2.85 | 4.96 | 3.53 | 3.73 | 5.47 | 3.44 | 3.93 | 3.05 | 2.82 | 3.45 | 2.39 | 2.48 | |||||
| Working Capital | 48.41M | 64.80M | 71.50M | 57.72M | 73.49M | 56.91M | 75.12M | 77.77M | 60.86M | 78.87M | 57.64M | 64.60M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.64 | 1.99 | 1.92 | 2.22 | 1.49 | 1.60 | 1.23 | 1.02 | 1.15 | 0.89 | 0.58 | 0.69 | |||||
| Debt Ratio | 0.73 | 0.67 | 0.66 | 0.69 | 0.60 | 0.61 | 0.55 | 0.50 | 0.53 | 0.47 | 0.37 | 0.41 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.60 | 0.60 | 0.47 | 0.39 | 0.42 | 0.36 | 0.42 | 0.43 | 0.36 | 0.40 | 0.36 | 0.38 | |||||
| Days Sales Outstanding TTM | 66.09 | 45.84 | 76.67 | 90.58 | 92.17 | 94.49 | 88.94 | 100.91 | 101.91 | 84.13 | 109.12 | 120.59 | |||||
| Receivables Turnover TTM | 5.52 | 7.96 | 4.76 | 4.03 | 3.96 | 3.86 | 4.10 | 3.62 | 3.58 | 4.34 | 3.34 | 3.03 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.34 | -0.35 | -0.50 | -0.71 | -0.76 | -0.90 | -0.89 | -0.86 | -1.09 | -0.93 | -1.12 | -1.18 | |||||
| Free Cash Flow Per Share TTM | -0.13 | -0.24 | -0.27 | -0.68 | -0.79 | -0.73 | -0.73 | -0.65 | -0.71 | -0.79 | -0.85 | -0.60 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 87.02% | 88.90% | 86.73% | 79.31% | 77.61% | 71.56% | 72.55% | 75.96% | 77.95% | 82.30% | 81.74% | 75.11% | |||||
| Operating Profit Margin TTM | -35.61% | -37.51% | -59.30% | -112.67% | -100.15% | -134.73% | -98.61% | -78.97% | -109.05% | -75.83% | -97.04% | -110.34% | |||||
| Net Profit Margin TTM | -39.55% | -40.96% | -62.47% | -120.82% | -113.67% | -149.47% | -109.99% | -96.35% | -125.41% | -87.73% | -108.69% | -110.41% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 35.89% | 56.76% | 18.61% | -17.87% | -6.12% | -32.89% | -15.39% | -12.86% | -38.59% | -36.13% | -49.39% | -44.27% | |||||
| Net Income Growth (1Y) | -52.72% | -57.04% | -32.63% | 2.99% | -14.91% | 14.33% | -14.38% | -23.96% | 34.59% | 36.10% | 126.96% | 161.89% | |||||
| EPS Growth (1Y) | -55.66% | -60.99% | -43.25% | -17.80% | -29.87% | -3.09% | -20.54% | -26.66% | 29.23% | 28.46% | 117.67% | 146.66% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -6.70 | -4.62 | -3.23 | -3.44 | -3.21 | -2.98 | -5.36 | -3.57 | -2.86 | -3.74 | -2.73 | -1.61 | |||||
| P/B TTM | 6.24 | 3.42 | 2.81 | 5.71 | 3.75 | 4.47 | 5.23 | 3.02 | 3.55 | 3.08 | 2.40 | 1.43 | |||||
| P/S TTM | 2.65 | 1.89 | 2.02 | 4.16 | 3.64 | 4.45 | 5.90 | 3.44 | 3.58 | 3.28 | 2.96 | 1.78 | |||||
| Market Cap | 205.78M | 147.95M | 142.04M | 220.21M | 208.35M | 221.68M | 350.16M | 221.86M | 218.17M | 243.79M | 207.80M | 131.29M | |||||
| Enterprise Value | 210.39M | 149.83M | 129.26M | 233.04M | 219.40M | 230.98M | 358.23M | 211.46M | 226.36M | 212.27M | 141.10M | 54.66M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -12.18M | -22.12M | -23.85M | -61.66M | -67.77M | -59.85M | -53.72M | -46.89M | -49.88M | -54.98M | -57.82M | -41.52M | |||||
| Net Debt | 4.61M | 1.88M | -12.78M | 12.83M | 11.05M | 9.30M | 8.08M | -10.40M | 8.19M | -31.52M | -66.70M | -76.63M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
CODEXIS, INC. (CDXS) — SEC Financial Statements & Analysis
CODEXIS, INC. (CDXS) is a industrial organic chemicals company, incorporated in DE. CODEXIS, INC. trades on Nasdaq as: CDXS. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), CODEXIS, INC. reported a 35.89% year-over-year revenue growth, a Gross Profit Margin of 87.02% (TTM), a Debt-to-Equity ratio of 2.64x, a Price-to-Sales (P/S) ratio of 2.65x (TTM), a Price-to-Book (P/B) ratio of 6.24x (TTM), at a market cap of $205.78M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 35.89%
- Gross Profit Margin TTM
- 87.02%
- Debt To Equity
- 2.64x
- P/S TTM
- 2.65x
- P/B TTM
- 6.24x
- Market Cap
- $205.78M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is CODEXIS, INC. in?
CODEXIS, INC. (CDXS) operates in the Industrial Organic Chemicals industry.
What is CDXS's market cap?
CODEXIS, INC. (CDXS) has a market capitalization of $205.78M as of 2026-06-30.
What exchange does CDXS trade on?
CODEXIS, INC. (CDXS) trades on the Nasdaq.
Where is CODEXIS, INC. incorporated?
CODEXIS, INC. is incorporated in DE.