CDXSNasdaqIndustrial Organic ChemicalsFiscal year ends December 31
CODEXIS, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$1.32+0.08 (+6.45%)
Close on Oct 19, 2026
- Market cap
- $120.19M
- P/E (TTM)
- –
- Dividend yield
- –
Codexis statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Industrial Organic Chemicals companies for comparison
Valuation
| Measure | Codexis | Industry median |
|---|---|---|
| Market Cap | $144.55M | $166.30M |
| Enterprise Value | $130.51M | $87.12M |
| PS Ratio | 1.86 | 3.60 |
| PB Ratio | 4.39 | 2.03 |
| P/TBV Ratio | 4.74 | 2.31 |
Enterprise value
| Measure | Codexis | Industry median |
|---|---|---|
| EV / Sales | 1.68 | 2.43 |
Income (trailing twelve months)
| Measure | Codexis | Industry median |
|---|---|---|
| Revenue | $77.68M | $57.94M |
| Gross Profit | $67.60M | $90.47M |
| Operating Income | -$27.66M | -$21.49M |
| Pretax Income | -$30.65M | -$14.72M |
| Net Income | -$30.72M | -$22.46M |
| EBITDA | -$22.45M | -$17.14M |
| EPS (Diluted) | -$0.34 | -$0.83 |
Margins
| Measure | Codexis | Industry median |
|---|---|---|
| Gross Margin | 87.0% | 52.3% |
| Operating Margin | -35.6% | -44.5% |
| Pretax Margin | -39.5% | -13.0% |
| Profit Margin | -39.6% | -39.2% |
| EBITDA Margin | -28.9% | -31.3% |
| FCF Margin | -15.7% | -8.85% |
Returns
| Measure | Codexis | Industry median |
|---|---|---|
| Return on Equity (ROE) | -69.4% | -53.2% |
| Return on Assets (ROA) | -23.8% | -41.0% |
| Return on Invested Capital (ROIC) | -91.8% | -32.2% |
| Return on Capital Employed (ROCE) | -28.7% | -38.0% |
Growth
| Measure | Codexis | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 35.9% | 6.01% |
| Revenue Growth (3Y CAGR) | -20.2% | 2.25% |
| Revenue Growth (5Y CAGR) | 0.38% | 6.42% |
Balance sheet
| Measure | Codexis | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $54.92M | $62.64M |
| Total Debt | $40.88M | $120.13M |
| Net Cash (Debt) | $14.04M | $15.77M |
| Net Cash Per Share | $0.13 | $0.66 |
| Equity (Book Value) | $32.96M | $48.61M |
| Book Value Per Share | $0.30 | $1.36 |
| Tangible Book Value | $30.50M | $23.01M |
| Working Capital | $48.41M | $75.09M |
Financial position
| Measure | Codexis | Industry median |
|---|---|---|
| Current Ratio | 3.06 | 3.30 |
| Quick Ratio | 2.34 | 2.39 |
| Debt / Equity | 1.24 | 0.51 |
Cash flow (trailing twelve months)
| Measure | Codexis | Industry median |
|---|---|---|
| Operating Cash Flow | -$10.40M | -$12.39M |
| Capital Expenditures | -$1.78M | -$1.07M |
| Free Cash Flow | -$12.18M | -$20.34M |
| FCF Per Share | -$0.11 | -$0.42 |
Efficiency
| Measure | Codexis | Industry median |
|---|---|---|
| Asset Turnover | 0.60 | 0.38 |
| Inventory Turnover | 5.69 | 2.67 |
| Revenue Per Employee | $532.05K | $398.96K |
| Profits Per Employee | -$210.43K | -$705.27K |
| Employee Count | 146 | 74 |
Dividends and yields
| Measure | Codexis | Industry median |
|---|---|---|
| Earnings Yield | -21.3% | -22.8% |
| FCF Yield | -8.43% | -9.02% |
Shares
| Measure | Codexis | Industry median |
|---|---|---|
| Shares Outstanding | 109,506,000 | 58,139,000 |
| Shares Change (YoY) | 12.9% | 11.1% |
| Shares Change (QoQ) | 0.54% | 0.54% |
| Float | 107,129,000 | 49,154,900 |
| Shares Held by Insiders | 2.17% | 11.6% |
| Shares Held by Institutions | 63.7% | 59.4% |
Taxes
| Measure | Codexis | Industry median |
|---|---|---|
| Income Tax | $72.00K | $89.00K |
Scores
| Measure | Codexis | Industry median |
|---|---|---|
| Altman Z-Score | -5.95 | -0.27 |
| Piotroski F-Score | 4 | 4 |
Calculated by StockData from Codexis's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.