NASDAQ:CDXS
Codexis, Inc.
Codexis, Inc.'s revenue grew 18.6% in fiscal 2025 to $70.4M while operating margin rose to −59.3%. Free cash flow was −$23.8M, −33.9% of revenue, and the diluted share count rose 18.7%.Summary generated from Codexis, Inc.'s SEC filings. Latest annual report filed Mar 11, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$70.4M
Revenue growth+18.6%
Revenue, 5-yr CAGR+0.4%
Gross margin86.7%
Operating margin−59.3%
Net margin−62.5%
ROIC−56.7%
Return on equity−74.9%
Debt / equity0.79
Free cash flow−$23.8M
FCF margin−33.9%
Share count change+18.7%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 105 | 139 | 70 | 59 | 70 |
| Operating income | −23 | −35 | −68 | −59 | −42 |
| Net income | −21 | −34 | −76 | −65 | −44 |
| Free cash flow | −28 | 3 | −57 | −54 | −24 |
Recent filings
- 10-QQuarterly report for the period ended Jun 30, 2026
Aug 11, 2026 - 8-KResults of operations and financial condition
Aug 11, 2026 - 8-KOther events
Jul 27, 2026 - 8-KResults of operations and financial condition
Jul 23, 2026 - 8-KResults of a shareholder vote
Jun 22, 2026 - 4Insider transaction report
Jun 18, 2026 - 4Insider transaction report
Jun 18, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 7, 2026