Growth Metrics

Codexis (CDXS) Gross Margin (2016 - 2025)

Codexis has reported Gross Margin over the past 16 years, most recently at 94.75% for Q4 2025.

  • Quarterly results put Gross Margin at 94.75% for Q4 2025, up 1178.0% from a year ago — trailing twelve months through Dec 2025 was 86.73% (up 1418.0% YoY), and the annual figure for FY2025 was 86.73%, up 1418.0%.
  • Gross Margin for Q4 2025 was 94.75% at Codexis, up from 71.34% in the prior quarter.
  • Over the last five years, Gross Margin for CDXS hit a ceiling of 94.75% in Q4 2025 and a floor of 36.44% in Q2 2023.
  • Median Gross Margin over the past 5 years was 71.59% (2024), compared with a mean of 70.12%.
  • Biggest five-year swings in Gross Margin: plummeted -3422bps in 2023 and later surged 4021bps in 2024.
  • Codexis' Gross Margin stood at 72.22% in 2021, then dropped by -21bps to 57.29% in 2022, then dropped by -25bps to 42.76% in 2023, then skyrocketed by 94bps to 82.97% in 2024, then rose by 14bps to 94.75% in 2025.
  • The last three reported values for Gross Margin were 94.75% (Q4 2025), 71.34% (Q3 2025), and 86.31% (Q2 2025) per Business Quant data.