Codexis (CDXS) Cost of Revenue (2010 - 2026)

Codexis' Cost of Revenue history runs 17 years deep, the most recent figure standing at $2.1 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 24.45% year-over-year to $2.1 million; the TTM figure through Mar 2026 stood at $8.7 million (down 38.79% YoY), while the FY2025 annual figure was $9.3 million, down 42.67% from the prior year.
• Cost of Revenue was $2.1 million for Q1 2026 at Codexis, up from $2.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $11.3 million in Q2 2022 to a low of $2.0 million in Q4 2025.
• Historically, Cost of Revenue has averaged $4.6 million across 5 years, with a median of $3.5 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 161.0% in 2022, then sank 77.02% in 2023.
• A 5-year view of Cost of Revenue shows it stood at $8.5 million in 2022, then slumped by 66.15% to $2.9 million in 2023, then increased by 27.67% to $3.7 million in 2024, then tumbled by 44.09% to $2.0 million in 2025, then grew by 1.03% to $2.1 million in 2026.
• The last three Cost of Revenue figures came in at $2.1 million (Q1 2026), $2.0 million (Q4 2025), and $2.5 million (Q3 2025), per Business Quant data.