8-K
filed March 11, 2026, 7:59 PM ET
ticker CDXS
CIK 0001200375
earnings
confidence high
sentiment positive
materiality 0.75
Codexis Q4 revenue jumps 81% to $38.9M, net income of $9.6M; FY2025 revenue up 19%
CODEXIS, INC.
- Q4 2025 revenue of $38.9M (up 81% YoY); net income $9.6M vs net loss of $10.4M in Q4 2024.
- FY2025 total revenue $70.4M (+19% YoY); product gross margin improved to 64% from 56%.
- FY2025 net loss narrowed to $44.0M ($0.50 per share) from $65.3M ($0.89 per share) in FY2024.
- Cash and investments $78.2M; management expects cash runway through 2027.
- Introduced FY2026 revenue guidance of $72M-$76M; highlights include $37.8M Merck tech transfer deal and multiple partnerships.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
CODEXIS, INC. reported fourth quarter ended December 31, 2025 results: net income The net income for the fourth quarter of 2025 was $9.6 million, or $0.11 per share.
- Period
- fourth quarter ended December 31, 2025
- Net income
- The net income for the fourth quarter of 2025 was $9.6 million, or $0.11 per share
- Result
- reported results
Exact text from the filing
Total revenues increased by 81% to $38.9 million for the fourth quarter of 2025 compared to $21.5 million in the fourth quarter of 2024.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
CODEXIS, INC. reported fourth quarter ended December 31, 2025 results: net income The net income for the fourth quarter of 2025 was $9.6 million, or $0.11 per share.
- Period
- fourth quarter ended December 31, 2025
- Net income
- The net income for the fourth quarter of 2025 was $9.6 million, or $0.11 per share
- Result
- reported results
Exact text from the filing
The net income for the fourth quarter of 2025 was $9.6 million, or $0.11 per share, compared to a net loss of $10.4 million, or $0.13 per share, for the fourth quarter of 2024.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
CODEXIS, INC. reported fiscal year ended December 31, 2025 results: net income The net loss for fiscal year 2025 was $44.0 million, or $0.50 per share.
- Period
- fiscal year ended December 31, 2025
- Net income
- The net loss for fiscal year 2025 was $44.0 million, or $0.50 per share
- Result
- reported results
Exact text from the filing
Total revenues increased by 19% to $70.4 million for fiscal year 2025 compared to $59.3 million for fiscal year 2024.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
CODEXIS, INC. reported fiscal year ended December 31, 2025 results: net income The net loss for fiscal year 2025 was $44.0 million, or $0.50 per share.
- Period
- fiscal year ended December 31, 2025
- Net income
- The net loss for fiscal year 2025 was $44.0 million, or $0.50 per share
- Result
- reported results
Exact text from the filing
The net loss for fiscal year 2025 was $44.0 million, or $0.50 per share, compared to a net loss of $65.3 million, or $0.89 per share, for fiscal year 2024.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
CODEXIS, INC. reported fiscal year 2026 results: revenue $72 million to $76 million. Guidance initiated.
- Period
- fiscal year 2026
- Revenue
- $72 million to $76 million
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
Total revenues are expected to be in the range of $72 million to $76 million.
View on SEC.gov
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