Codexis (CDXS) Research & Development (2010 - 2026)

Codexis' Research & Development history runs 17 years deep, the most recent figure standing at $11.4 million for Q1 2026.

• On a quarterly basis, Research & Development fell 11.54% year-over-year to $11.4 million in Q1 2026; TTM through Mar 2026 was $50.8 million, a 5.95% increase from a year earlier, with the FY2025 full-year figure at $52.3 million, up 13.06% from the prior year.
• Research & Development declined to $11.4 million in Q1 2026 per CDXS's latest filing, from $11.7 million in the prior quarter.
• Across five years, Research & Development topped out at $21.8 million in Q3 2022 and bottomed at $11.2 million in Q4 2023.
• The 5-year median for Research & Development is $13.7 million (2023), against an average of $14.6 million.
• Across the five-year window, Research & Development surged 68.52% in 2022 and sank 42.94% in 2023, its largest moves.
• Year by year, Research & Development stood at $19.7 million in 2022, then slumped by 42.94% to $11.2 million in 2023, then climbed by 7.7% to $12.1 million in 2024, then dropped by 3.12% to $11.7 million in 2025, then retreated by 2.33% to $11.4 million in 2026.
• Per Business Quant, the three latest CDXS Research & Development figures stand at $11.4 million (Q1 2026), $11.7 million (Q4 2025), and $13.9 million (Q3 2025).