Codexis (CDXS) Enterprise Value (2010 - 2026)
Codexis (CDXS) recorded quarterly Enterprise Value of -$65.1 million in Q1 2026, up 16.71% quarter-over-quarter from -$78.2 million in Q4 2025, and down 8.9% on a YoY basis from -$71.5 million in Q1 2025.
Codexis (CDXS) Enterprise Value (2010 - 2026) Analysis & Trends
Codexis' Enterprise Value history runs 17 years deep, the most recent figure standing at -$65.1 million for Q1 2026.
- In Q1 2026, Enterprise Value fell 8.9% year-over-year to -$65.1 million; the TTM figure through Mar 2026 stood at -$65.1 million (down 8.9% YoY), while the FY2025 annual figure was -$78.2 million, down 6.46% from the prior year.
- Enterprise Value was -$65.1 million for Q1 2026 at Codexis, up from -$78.2 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$58.7 million in Q3 2025 to a low of -$114.0 million in Q4 2022.
- Historically, Enterprise Value has averaged -$81.9 million across 5 years, with a median of -$78.2 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Enterprise Value surged 42.87% in 2023, then fell 21.02% in 2024.
- A 5-year view of Enterprise Value shows it stood at -$114.0 million in 2022, then soared by 42.87% to -$65.1 million in 2023, then dropped by 12.82% to -$73.5 million in 2024, then decreased by 6.46% to -$78.2 million in 2025, then advanced by 16.71% to -$65.1 million in 2026.
- The last three Enterprise Value figures came in at -$65.1 million (Q1 2026), -$78.2 million (Q4 2025), and -$58.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 719,706.53 Bn | 719,706.50 Bn | - | -32.30 Mn |
| 2 | Belite Bio | 55,800.00 Bn | 55,800.00 Bn | - | - |
| 3 | Quantum Biopharma | 18,182.30 Bn | 18,182.29 Bn | - | -4.14 Mn |
| 4 | Legend Biotech | 3,154.00 Bn | 3,153.71 Bn | 242.10 Mn | -286.70 Mn |
| 5 | Akari Therapeutics | 1,844.30 Bn | 1,844.29 Bn | - | -2.77 Mn |
| 6 | Evaxion A | 1,567.96 Bn | 1,567.94 Bn | - | -18.44 Mn |
| 7 | Psyence Biomedical | 251.43 Bn | 251.42 Bn | - | -7.20 Mn |
| 8 | Vertex Pharmaceuticals | 112.56 Bn | 105.31 Bn | 2.59 Bn | -7.25 Bn |
| 9 | Abivax | 94.37 Bn | 94.37 Bn | - | -584.73 Mn |
| 10 | Codexis | 236.00 Mn | 170.86 Mn | 13.18 Mn | -65.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -65.14 Mn |
| Dec 31, 2025 | -78.21 Mn |
| Sep 30, 2025 | -58.70 Mn |
| Jun 30, 2025 | -66.33 Mn |
| Mar 31, 2025 | -59.82 Mn |
| Dec 31, 2024 | -73.46 Mn |
| Sep 30, 2024 | -90.25 Mn |
| Jun 30, 2024 | -73.20 Mn |
| Mar 31, 2024 | -85.55 Mn |
| Dec 31, 2023 | -65.12 Mn |
| Sep 30, 2023 | -74.58 Mn |
| Jun 30, 2023 | -92.09 Mn |
| Mar 31, 2023 | -102.83 Mn |
| Dec 31, 2022 | -113.98 Mn |
| Sep 30, 2022 | -108.69 Mn |
| Jun 30, 2022 | -90.11 Mn |
| Mar 31, 2022 | -94.26 Mn |
| Dec 31, 2021 | -116.80 Mn |
| Sep 30, 2021 | -119.19 Mn |
| Jun 30, 2021 | -129.51 Mn |