Codexis (CDXS) Net Margin (2010 - 2026)
Codexis (CDXS) posted Net Margin of 80.49% for Q2 2026, down 41.0% on a QoQ basis from 57.08% in Q1 2026, and up 610.0% year-over-year from 11.34% in Q2 2025.
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Codexis (CDXS) Net Margin (2010 - 2026) Analysis & Trends
Codexis has reported Net Margin for 17 years, with the latest figure at 80.49% in Q2 2026.
- On a quarterly basis, Net Margin rose 610.0% year-over-year to 80.49% in Q2 2026; TTM through Jun 2026 was 39.55%, a 7411.0% increase from a year earlier, with the FY2025 full-year figure at 62.47%, up 4752.0% from the prior year.
- Net Margin was 80.49% for Q2 2026 at Codexis, down from 57.08% in the prior quarter.
- The five-year high for Net Margin was 24.67% in Q4 2025, with the low at 376.29% in Q3 2023.
- Average Net Margin over 5 years is 118.62%, with a median of 73.94% recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Net Margin sank 34730 bps in 2023, then surged 21718 bps in 2026.
- Over 5 years, Net Margin stood at 63.66% in 2022, then tumbled by 126 bps to 143.84% in 2023, then surged by 66 bps to 48.35% in 2024, then surged by 151 bps to 24.67% in 2025, then tumbled by 426 bps to 80.49% in 2026.
- The last three Net Margin figures came in at 80.49% (Q2 2026), 57.08% (Q1 2026), and 24.67% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 224.04 Bn | 219.98 Bn | 8.34 Bn | 14.65% |
| 2 | Danaher | 142.34 Bn | 137.99 Bn | 3.61 Bn | 13.89% |
| 3 | Agilent Technologies | 40.26 Bn | 38.50 Bn | 1.04 Bn | 19.28% |
| 4 | Illumina | 30.64 Bn | 29.47 Bn | 770.00 Mn | 17.86% |
| 5 | Revvity | 13.61 Bn | 12.59 Bn | 416.87 Mn | 7.10% |
| 6 | Bio-Techne | 11.27 Bn | 11.00 Bn | 211.39 Mn | 17.01% |
| 7 | Bio-Rad Laboratories | 9.94 Bn | 8.32 Bn | 345.80 Mn | 57.05% |
| 8 | Repligen | 9.18 Bn | 8.17 Bn | 110.04 Mn | 2.45% |
| 9 | 10x Genomics | 8.69 Bn | 8.14 Bn | 112.50 Mn | -11.87% |
| 10 | Codexis | 129.75 Mn | 74.83 Mn | 11.40 Mn | -80.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -80.49% |
| Mar 31, 2026 | -57.08% |
| Dec 31, 2025 | 24.67% |
| Sep 30, 2025 | -228.05% |
| Jun 30, 2025 | -86.59% |
| Mar 31, 2025 | -274.27% |
| Dec 31, 2024 | -48.35% |
| Sep 30, 2024 | -160.84% |
| Jun 30, 2024 | -285.19% |
| Mar 31, 2024 | -67.39% |
| Dec 31, 2023 | -143.84% |
| Sep 30, 2023 | -376.29% |
| Jun 30, 2023 | -54.04% |
| Mar 31, 2023 | -174.22% |
| Dec 31, 2022 | -63.66% |
| Sep 30, 2022 | -28.99% |
| Jun 30, 2022 | -6.87% |
| Mar 31, 2022 | -23.64% |
| Dec 31, 2021 | -41.59% |
| Sep 30, 2021 | 6.10% |