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Companies / Health Care / Codexis, Inc.
CDXS

Codexis, Inc.

Health CareChemicals
Ticker CDXSREDWOOD CITY, CAFiscal year ends DecemberBook value per share $0.36Diluted shares 90.9M

Codexis, Inc. (Nasdaq: CDXS) develops engineered enzymes and related technology to improve the manufacture of therapeutics. Its CodeEvolver platform uses directed evolution and computational tools to discover and optimize proteins for specific industrial processes. The company’s ECO Synthesis platform combines… From the company’s description.

Over the twelve months to Jun 30, 2026, Codexis, Inc. reported revenue of $77.68M, up 35.9% from a year earlier, and a net loss of $30.72M. Its operating margin was −35.6%, and operations used $10.40M in cash. In fiscal 2025, it reported revenue of $70.39M, up 18.6% from fiscal 2024, and a net loss of $43.97M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$70.39MFY2025
+18.6% year over year
Last 12 mo $77.68M
-59.30%FY2025
+39.3 percentage points
Last 12 mo -35.61%
$-43.97MFY2025
+32.6% year over year
Last 12 mo $-30.72M
-80.29%FY2025
+17 percentage points
Last 12 mo -93.22%
Cash & financing
$-19.38MFY2025
+60.8% year over year
Last 12 mo $-10.40M
$-23.85MFY2025
+55.6% year over year
Last 12 mo $-12.18M
0.79FY2025
Was 0.43× a year earlier
Last 12 mo 1.24
87.1MFY2025
+18.7% year over year
Last 12 mo 90.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Codexis, Inc. does

In the company’s own words

Codexis, Inc. (Nasdaq: CDXS) develops engineered enzymes and related technology to improve the manufacture of therapeutics. Its CodeEvolver platform uses directed evolution and computational tools to discover and optimize proteins for specific industrial processes. The company’s ECO Synthesis platform combines enzymatic tools and processes for producing RNA interference therapeutics, including small interfering RNA, and provides customers with process development, analytical method development, and non-GMP manufacturing services. Its small-molecule pharmaceutical biocatalysis business supplies engineered enzymes and research and development services to pharmaceutical manufacturers seeking to improve production processes for drug intermediates and active pharmaceutical ingredients. Codexis also licenses its enzyme-engineering platform and supplies enzymes for other molecular biology applications. The company serves pharmaceutical and biotechnology companies, drug developers, and contract development and manufacturing organizations. In 2025, its enzymes were used in manufacturing 18 commercially approved therapeutic drugs, and it sold enzymes for 15 clinical-stage drug candidates. Codexis reported $[not provided] in revenue for fiscal 2025. Major brands include CodeEvolver and ECO Synthesis. Its website is www.codexis.com.

Company details
Sector
Health Care
Industry (SIC)
Chemicals
Headquarters
REDWOOD CITY, CA
Fiscal year end
December
CIK
1200375
SIC
2860

Financial performance, year by year

Fiscal 2011–2025 · USD
$-97.72M$-33.27M$31.17M$95.62M$160.07M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Codexis, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

137
funds hold it
0 of 35
superinvestors hold it
$58.36M
held by funds, at market
22.1%
of shares held by funds

Largest fund holders · Codexis, Inc.’s weight in each

0.74%of fund net assets
Columbia Small Cap Value Discovery Fund
CSMIX · COLUMBIA FUNDS SERIES TRUST I
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.77%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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