Codexis, Inc.

Codexis, Inc.

CDXS
Codexis, Inc.US flagNASDAQ Global Select
2.72
USD
+0.03
- -
246.78MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.83
0.92
1.06
1.2
1.08
1.16
1.21
1.16
1.62
2.12
1.03
0.81
- -
0.88
Basic EPS, GAAP
-1.08
-0.5
-0.19
-0.21
-0.5
-0.21
-0.21
-0.4
-0.33
-0.51
-1.12
-0.89
- -
-0.36
Free Cash Flow per Basic Share
-0.63
- -
-0.04
-0.07
-0.21
-0.32
-0.29
-0.34
-0.44
0.05
-0.84
-0.73
- -
-0.25
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-6.72
-7.22
-7.19
-7.19
-6.82
-6.33
-6.06
-6.17
-6
-6.45
-7.3
-7.67
- -
-6.9
Tangible Book Value per Share
0.75
0.44
0.43
0.39
0.46
1.02
1.81
2.81
2.5
2.17
1.24
0.88
- -
0.46
Basic Weighted Avg Shares
38
38
39
41
46
52
57
59
65
65
68
73
- -
89
Sales/Revenue/Turnover
32
35
42
49
50
61
68
69
105
139
70
59
70
78
Operating Margin (%)
-128.9
-54.13
-18.59
-17.54
-45.92
-18.64
-18.33
-34.64
-21.67
-22.88
-78.13
-98.33
-54.46
-33.15
Depreciation Expense
10
7
5
5
1
1
5
5
6
5
6
5
5
6
Net Income, GAAP
-41
-19
-8
-9
-23
-11
-12
-24
-21
-34
-76
-65
-44
-32
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.19
Profit Margin (%)
-129.39
-54.01
-18.13
-17.52
-45.97
-17.95
-17.43
-34.77
-20.31
-24.24
-108.69
-109.99
-62.47
-40.96
Working Capital
25
19
18
15
20
50
99
159
129
114
58
75
71
65
LT Debt
- -
- -
- -
- -
- -
- -
25
22
44
38
12
57
70
70
Total Equity
41
26
23
19
25
56
106
170
164
145
87
67
51
43
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.26
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3
3
3
LT Borrowings
40
40
40
LT Finance Leases
26
30
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
90
90
91
Market Capitalization
207
142
145

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
76
97
80
Cash, Cash Equivalents & STI
59
78
65
Accounts Receivable, Net
6
9
7
Inventories
2
2
2
Total Current Liabilities
18
25
15
Payables & Accruals
5
4
5
ST Debt
3
3
3
Deferred Revenue
- -
7
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.73%
-20.54%
-24.5%
Free Cash Flow
-173.3%
-429.92%
-55.6%
Net Income, GAAP
36.62%
25.29%
-32.63%
Sales/Revenue/Turnover
9.2%
7.56%
18.61%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17
8
13
21
59
2025
8
15
9
39
70
2026
15
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.16
-0.32
-0.29
-0.13
-0.89
2025
-0.25
-0.16
-0.22
0.11
- -
2026
-0.1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Alison Moore
Full Time Employees
188
Sector
Healthcare
Industry
Biotechnology
Address
200 Penobscot Drive Redwood City CA United States of America 94063
IPO Date
Apr 22, 2010
Business
Codexis, Inc. (NASDAQ:CDXS) develops and provides enzymatic solutions for therapeutics manufacturing, leveraging its proprietary CodeEvolver technology platform to discover, develop and enhance novel high-performance enzymes; offers the ECO Synthesis manufacturing platform to enable scaled enzymatic manufacture of RNAi therapeutics including siRNA; provides pharma biocatalysis enzymes that optimize active pharmaceutical ingredient synthesis with greener processes, higher yields and reduced waste; delivers precision enzymes for molecular biology and diagnostic applications with improved fidelity, selectivity and activity; and supplies custom enzyme engineering services across pharmaceuticals, biotherapeutics and industrial biotechnology. The company operates in the United States, Canada, Latin America, Europe, the Middle East, Africa, Australia, New Zealand, Southeast Asia and China, targeting pharmaceutical companies, biopharma developers and diagnostic firms. Founded in 2002 and headquartered in Redwood City, California, Codexis focuses on sustainable manufacturing solutions for small molecule pharmaceuticals and nucleic acid synthesis. In recent developments, Codexis signed a $37.8 million Supply Assurance Agreement with Merck, announced organizational changes to streamline operations and reduce expenses, leased a GMP manufacturing facility to support scaled production, and entered an evaluation agreement with Nitto Denko Avecia to explore ECO Synthesis for therapeutic siRNA manufacturing; it also finalized an asset purchase agreement with Crosswalk Therapeutics in 2024 for investigational Fabry and Pompe disease gene therapy assets, monetizing non-core programs following a strategic shift.

Company News

APIChat
  • Codexis, Inc. (CDXS) Q1 2026 Earnings Call Transcript

  • Codexis (CDXS) Reports Q1 Loss, Beats Revenue Estimates

  • Codexis Reports First Quarter 2026 Financial Results

  • Codexis (CDXS) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

  • Codexis to share RNA manufacturing advances at TIDES USA

  • Codexis Posts Strong Q4, Eyes siRNA Market With ECO Synthesis Platform

  • Why Did Codexis (CDXS) Stock Soar Nearly 38% After Hours?

  • Codexis, Inc. (CDXS) Q4 2025 Earnings Call Transcript

  • Codexis (CDXS) Beats Q4 Earnings and Revenue Estimates

  • Codexis Reports Fourth Quarter and Fiscal Year 2025 Financial Results

  • Codexis Targets 2026 Inflection as CEO Touts ECO Synthesis Push in RNA Manufacturing at TD Cowen Conf

  • Codexis signs agreement to manufacture 50 g siRNA using its ECO Synthesis® Manufacturing Platform

  • Codexis to Report Fourth Quarter and Fiscal Year 2025 Financial Results on March 11

  • Codexis Achieves ISO 9001:2015 Certification

  • Codexis, Inc. $CDXS Shares Sold by Federated Hermes Inc.

  • Codexis Expands Reach of the ECO Synthesis® Manufacturing Platform through a Signed Evaluation Agreement with Axolabs for Oligonucleotide Therapeutics

  • Down 30% in 4 Weeks, Here's Why You Should You Buy the Dip in Codexis (CDXS)

  • Codexis Announces Signing of Lease for GMP Manufacturing Facility

  • Codexis, Inc. (CDXS) Q3 2025 Earnings Call Transcript

  • Codexis (CDXS) Reports Q3 Loss, Misses Revenue Estimates