Codexis (CDXS) Revenue (2010 - 2026)
Codexis (CDXS) recorded quarterly Revenue of $15.2 million in Q1 2026, down 60.82% quarter-over-quarter from $38.9 million in Q4 2025, and up 102.15% on a YoY basis from $7.5 million in Q1 2025.
Codexis (CDXS) Revenue (2010 - 2026) Analysis & Trends
Codexis' Revenue history runs 17 years deep, the most recent figure standing at $15.2 million for Q1 2026.
- In Q1 2026, Revenue rose 102.15% year-over-year to $15.2 million; the TTM figure through Mar 2026 stood at $78.1 million (up 56.76% YoY), while the FY2025 annual figure was $70.4 million, up 18.61% from the prior year.
- Revenue was $15.2 million for Q1 2026 at Codexis, down from $38.9 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $38.9 million in Q4 2025 to a low of $5.0 million in Q2 2023.
- Historically, Revenue has averaged $18.0 million across 5 years, with a median of $15.2 million in 2026.
- The sharpest annual moves came in 2023 and 2024: Revenue sank 86.98% in 2023, then jumped 329.2% in 2024.
- A 5-year view of Revenue shows it stood at $19.8 million in 2022, then sank by 74.75% to $5.0 million in 2023, then surged by 329.2% to $21.5 million in 2024, then surged by 81.34% to $38.9 million in 2025, then sank by 60.82% to $15.2 million in 2026.
- The last three Revenue figures came in at $15.2 million (Q1 2026), $38.9 million (Q4 2025), and $8.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 5.21 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 306.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 2.99 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Codexis | 232.37 Mn | 167.23 Mn | 13.18 Mn | 15.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.25 Mn |
| Dec 31, 2025 | 38.92 Mn |
| Sep 30, 2025 | 8.60 Mn |
| Jun 30, 2025 | 15.33 Mn |
| Mar 31, 2025 | 7.54 Mn |
| Dec 31, 2024 | 21.46 Mn |
| Sep 30, 2024 | 12.83 Mn |
| Jun 30, 2024 | 7.98 Mn |
| Mar 31, 2024 | 17.07 Mn |
| Dec 31, 2023 | 5.00 Mn |
| Sep 30, 2023 | 9.28 Mn |
| Jun 30, 2023 | 5.00 Mn |
| Mar 31, 2023 | 12.98 Mn |
| Dec 31, 2022 | 19.80 Mn |
| Sep 30, 2022 | 34.47 Mn |
| Jun 30, 2022 | 38.41 Mn |
| Mar 31, 2022 | 35.34 Mn |
| Dec 31, 2021 | 24.50 Mn |
| Sep 30, 2021 | 36.77 Mn |
| Jun 30, 2021 | 25.45 Mn |