Codexis (CDXS) Asset Utilization Ratio (2011 - 2026)

Codexis' Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.56 for Q1 2026.

• In Q1 2026, Asset Utilization Ratio rose 57.18% year-over-year to 0.56; the TTM figure through Mar 2026 stood at 0.56 (up 57.18% YoY), while the FY2025 annual figure was 0.47, up 14.12% from the prior year.
• Asset Utilization Ratio was 0.56 for Q1 2026 at Codexis, up from 0.52 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.57 in Q2 2022 to a low of 0.22 in Q4 2023.
• Historically, Asset Utilization Ratio has averaged 0.41 across 5 years, with a median of 0.4 in 2025.
• The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio slumped 57.94% in 2023, then surged 80.14% in 2024.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.53 in 2022, then slumped by 57.94% to 0.22 in 2023, then surged by 80.14% to 0.4 in 2024, then increased by 29.71% to 0.52 in 2025, then grew by 8.78% to 0.56 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.56 (Q1 2026), 0.52 (Q4 2025), and 0.4 (Q3 2025), per Business Quant data.