Codexis financials
$1.35−0.74%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $70.4M | $59.3M | $70.1M | $138.6M | $104.8M | $69.1M | $68.5M | $60.6M | $50.0M | $48.8M |
| Gross profit | $61.0M | $43.1M | $57.3M | $100.6M | $82.5M | $55.3M | $52.8M | $48.0M | $35.7M | $39.1M |
| Gross margin | 86.7% | 72.6% | 81.7% | 72.6% | 78.8% | 80.1% | 77.2% | 79.2% | 71.4% | 80.0% |
| Operating income | -$41.7M | -$58.5M | -$68.1M | -$34.9M | -$22.7M | -$23.9M | -$12.5M | -$11.3M | -$23.0M | -$8.6M |
| Net income | -$44.0M | -$65.3M | -$76.2M | -$33.6M | -$21.3M | -$24.0M | -$11.9M | -$10.9M | -$23.0M | -$8.6M |
| Net margin | −62.5% | −110.0% | −108.7% | −24.2% | −20.3% | −34.8% | −17.4% | −18.0% | −46.0% | −17.5% |
| Diluted EPS | $-0.50 | $-0.89 | $-1.12 | $-0.51 | $-0.33 | $-0.40 | $-0.21 | $-0.21 | $-0.50 | $-0.21 |
| EBITDA | -$33.1M | -$53.4M | -$49.3M | -$26.3M | -$16.8M | -$22.0M | -$11.0M | -$10.1M | -$21.9M | -$4.0M |
| Operating cash flow | -$19.4M | -$49.4M | -$52.6M | $11.3M | -$14.3M | -$16.5M | -$12.6M | -$14.1M | -$8.8M | -$1.9M |
| Free cash flow | -$23.8M | -$53.7M | -$57.1M | $3.0M | -$28.1M | -$20.2M | -$16.3M | -$16.9M | -$9.7M | -$2.7M |
| Diluted shares | 87.1M | 73.4M | 68.1M | 65.3M | 64.6M | 59.4M | 56.5M | 52.2M | 46.2M | 40.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $50.8M | $19.3M | $65.1M | $114.0M | $116.8M | $149.1M |
| Short-term investments | $27.4M | $54.2M | $0.00 | $0.00 | — | $1.0M |
| Total debt | $40.1M | $28.9M | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $147.8M | $149.0M | $136.6M | $250.4M | $246.4M | $221.6M |
| Total liabilities | $97.3M | $82.1M | $49.9M | $105.6M | $82.0M | $51.5M |
| Shareholders' equity | $50.5M | $66.9M | $86.6M | $144.8M | $164.4M | $170.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology