Codexis (CDXS) FCF Margin (2010 - 2026)
Codexis (CDXS) recorded quarterly FCF Margin of 87.4% in Q1 2026, down 241.64% quarter-over-quarter from 61.7% in Q4 2025, and up 12301.0% on a YoY basis from N/an in Q1 2025.
Codexis (CDXS) FCF Margin (2010 - 2026) Analysis & Trends
Codexis' FCF Margin history runs 17 years deep, the most recent figure standing at 87.4% for Q1 2026.
- In Q1 2026, FCF Margin rose 12301.0% year-over-year to 87.4%; the TTM figure through Mar 2026 stood at 21.59% (up 10172.0% YoY), while the FY2025 annual figure was 27.57%, up 6294.0% from the prior year.
- FCF Margin was 87.4% for Q1 2026 at Codexis, down from 61.7% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 77.27% in Q3 2022 to a low of 314.04% in Q2 2023.
- Historically, FCF Margin has averaged 96.26% across 5 years, with a median of 87.4% in 2026.
- The sharpest annual moves came in 2023 and 2024: FCF Margin plunged 30331 bps in 2023, then surged 15656 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 16.47% in 2022, then sank by 787 bps to 146.14% in 2023, then jumped by 42 bps to 85.0% in 2024, then surged by 173 bps to 61.7% in 2025, then plunged by 242 bps to 87.4% in 2026.
- The last three FCF Margin figures came in at 87.4% (Q1 2026), 61.7% (Q4 2025), and 134.94% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 719,706.53 Bn | 719,706.50 Bn | - | - |
| 2 | Belite Bio | 55,800.00 Bn | 55,800.00 Bn | - | - |
| 3 | Quantum Biopharma | 18,182.30 Bn | 18,182.29 Bn | - | - |
| 4 | Legend Biotech | 3,154.00 Bn | 3,153.71 Bn | 242.10 Mn | -3.98% |
| 5 | Akari Therapeutics | 1,844.30 Bn | 1,844.29 Bn | - | - |
| 6 | Evaxion A | 1,567.96 Bn | 1,567.94 Bn | - | - |
| 7 | Psyence Biomedical | 251.43 Bn | 251.42 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 112.56 Bn | 105.31 Bn | 2.59 Bn | 43.35% |
| 9 | Abivax | 94.37 Bn | 94.37 Bn | - | - |
| 10 | Codexis | 236.00 Mn | 170.86 Mn | 13.18 Mn | -87.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -87.40% |
| Dec 31, 2025 | 61.70% |
| Sep 30, 2025 | -134.94% |
| Jun 30, 2025 | -104.01% |
| Mar 31, 2025 | -210.41% |
| Dec 31, 2024 | -85.00% |
| Sep 30, 2024 | -114.92% |
| Jun 30, 2024 | -157.48% |
| Mar 31, 2024 | -47.79% |
| Dec 31, 2023 | -146.14% |
| Sep 30, 2023 | -222.77% |
| Jun 30, 2023 | -314.04% |
| Mar 31, 2023 | -77.27% |
| Dec 31, 2022 | -16.47% |
| Sep 30, 2022 | 77.27% |
| Jun 30, 2022 | -10.73% |
| Mar 31, 2022 | -46.05% |
| Dec 31, 2021 | 0.57% |
| Sep 30, 2021 | 5.82% |
| Jun 30, 2021 | -39.64% |