Codexis, Inc. (CDXS) stock
CDXSNasdaqIndustrial Organic ChemicalsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 5/3018% below fair value
$1.16+0.20 (+21.07%)
Close on Nov 13, 2026Market cap $127.03MP/E –Yield –
Codexis operating margin
Operating margin is operating income as a percentage of revenue.
Codexis's operating margin for the twelve months ending Sep 30, 2026 was -18.3%. For fiscal 2025 it was -59.3%, against -98.6% the year before. The highest annual figure on record is -6.7% in fiscal 2010.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -59.3% | +39.3 |
| FY2024 | Dec 31, 2024 | -98.6% | −1.6 |
| FY2023 | Dec 31, 2023 | -97.0% | −71.9 |
| FY2022 | Dec 31, 2022 | -25.2% | −3.5 |
| FY2021 | Dec 31, 2021 | -21.7% | +13.0 |
| FY2020 | Dec 31, 2020 | -34.6% | −16.3 |
| FY2019 | Dec 31, 2019 | -18.3% | +0.3 |
| FY2018 | Dec 31, 2018 | -18.6% | +27.3 |
| FY2017 | Dec 31, 2017 | -45.9% | −28.4 |
| FY2016 | Dec 31, 2016 | -17.5% | +1.1 |
| FY2015 | Dec 31, 2015 | -18.6% | +35.5 |
| FY2014 | Dec 31, 2014 | -54.1% | +74.8 |
| FY2013 | Dec 31, 2013 | -128.9% | −94.3 |
| FY2012 | Dec 31, 2012 | -34.6% | −21.7 |
| FY2011 | Dec 31, 2011 | -12.8% | −6.2 |
| FY2010 | Dec 31, 2010 | -6.7% | +15.5 |
| FY2009 | Dec 31, 2009 | -22.2% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | -38.6% | +181.7 |
| Q2 FY2026 | Jun 30, 2026 | -75.3% | +8.6 |
| Q1 FY2026 | Mar 31, 2026 | -52.7% | +218.8 |
| Q4 FY2025 | Dec 31, 2025 | 27.1% | +61.3 |
| Q3 FY2025 | Sep 30, 2025 | -220.3% | −91.3 |
| Q2 FY2025 | Jun 30, 2025 | -83.9% | +201.0 |
| Q1 FY2025 | Mar 31, 2025 | -271.6% | −202.0 |
| Q4 FY2024 | Dec 31, 2024 | -34.2% | −35.3 |
| Q3 FY2024 | Sep 30, 2024 | -129.0% | +216.6 |
| Q2 FY2024 | Jun 30, 2024 | -284.9% | −225.7 |
| Q1 FY2024 | Mar 31, 2024 | -69.6% | +112.7 |
| Q4 FY2023 | Dec 31, 2023 | 1.1% | +44.7 |
| Q3 FY2023 | Sep 30, 2023 | -345.6% | −314.7 |
| Q2 FY2023 | Jun 30, 2023 | -59.2% | −52.4 |
| Q1 FY2023 | Mar 31, 2023 | -182.3% | −158.6 |
| Q4 FY2022 | Dec 31, 2022 | -43.6% | −1.2 |
| Q3 FY2022 | Sep 30, 2022 | -30.9% | −34.5 |
| Q2 FY2022 | Jun 30, 2022 | -6.8% | +10.8 |
| Q1 FY2022 | Mar 31, 2022 | -23.7% | +27.0 |
| Q4 FY2021 | Dec 31, 2021 | -42.4% | −23.7 |
| Q3 FY2021 | Sep 30, 2021 | 3.6% | +36.6 |
| Q2 FY2021 | Jun 30, 2021 | -17.6% | +23.2 |
| Q1 FY2021 | Mar 31, 2021 | -50.8% | +2.6 |
| Q4 FY2020 | Dec 31, 2020 | -18.7% | −13.6 |
| Q3 FY2020 | Sep 30, 2020 | -33.0% | −34.2 |
| Q2 FY2020 | Jun 30, 2020 | -40.8% | +13.0 |
| Q1 FY2020 | Mar 31, 2020 | -53.4% | −19.7 |
| Q4 FY2019 | Dec 31, 2019 | -5.1% | −1.1 |
| Q3 FY2019 | Sep 30, 2019 | 1.2% | +13.6 |
| Q2 FY2019 | Jun 30, 2019 | -53.8% | −25.4 |
| Q1 FY2019 | Mar 31, 2019 | -33.6% | −0.1 |
| Q4 FY2018 | Dec 31, 2018 | -4.0% | −8.1 |
| Q3 FY2018 | Sep 30, 2018 | -12.4% | +88.1 |
| Q2 FY2018 | Jun 30, 2018 | -28.3% | +32.9 |
| Q1 FY2018 | Mar 31, 2018 | -33.5% | +60.3 |
| Q4 FY2017 | Dec 31, 2017 | 4.1% | +56.7 |
| Q3 FY2017 | Sep 30, 2017 | -100.5% | – |
| Q2 FY2017 | Jun 30, 2017 | -61.2% | – |
| Q1 FY2017 | Mar 31, 2017 | -93.8% | – |
| Q4 FY2016 | Dec 31, 2016 | -52.7% | – |
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