---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-102146"
form_type: "8-K"
ticker: "CDXS"
cik: "0001200375"
company_name: "CODEXIS, INC."
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T14:42:12.948551+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Codexis Q4 revenue jumps 81% to $38.9M, net income of $9.6M; FY2025 revenue up 19%

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-102146
- form_type: 8-K
- ticker: CDXS
- cik: 0001200375
- company_name: CODEXIS, INC.
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1200375/000119312526102146/0001193125-26-102146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1200375/000119312526102146/d106216d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-102146
- JSON: https://secwatch.observer/filing/0001193125-26-102146.json
- Plain text: https://secwatch.observer/filing/0001193125-26-102146.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.