Codexis (CDXS) Tax Rate (2010 - 2026)

Codexis' (CDXS) quarterly Tax Rate came in at 0.42% in Q1 2026, down 36.0% year-on-year from 0.65% in Q1 2025, and down 321.94% quarter-over-quarter from 0.19% in Q4 2025.

Codexis (CDXS) Tax Rate (2010 - 2026) Analysis & Trends

Codexis' Tax Rate history runs 17 years deep, the most recent figure standing at 0.42% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 36.0% year-over-year to 0.42% in Q1 2026; TTM through Mar 2026 was 0.23%, a 18.0% decrease from a year earlier, with the FY2025 full-year figure at 0.11%, down 5.0% from the prior year.
  • Tax Rate retreated to 0.42% in Q1 2026 per CDXS's latest filing, from 0.19% in the prior quarter.
  • Across five years, Tax Rate topped out at 0.19% in Q4 2025 and bottomed at 4.27% in Q2 2022.
  • The 5-year median for Tax Rate is 0.08% (2025), against an average of 0.41%.
  • Across the five-year window, Tax Rate plunged 475 bps in 2022 and soared 419 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 1.21% in 2022, then jumped by 60 bps to 0.49% in 2023, then soared by 94 bps to 0.03% in 2024, then surged by 747 bps to 0.19% in 2025, then tumbled by 322 bps to 0.42% in 2026.
  • Per Business Quant, the three latest CDXS Tax Rate figures stand at 0.42% (Q1 2026), 0.19% (Q4 2025), and 0.04% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -0.34%
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 12.29%
4 NuCana 279.75 Bn 279.75 Bn - -5.41%
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 17.68%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 12.51%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 33.09%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Codexis 180.63 Mn 115.49 Mn 13.18 Mn -0.42%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.42%
Mar 31, 2026 -0.42%
Mar 31, 2026 -0.42%
Dec 31, 2025 0.19%
Dec 31, 2025 0.19%
Dec 31, 2025 0.19%
Sep 30, 2025 -0.04%
Sep 30, 2025 -0.04%
Sep 30, 2025 -0.04%
Jun 30, 2025 -0.08%
Jun 30, 2025 -0.08%
Jun 30, 2025 -0.08%
Mar 31, 2025 -0.05%
Mar 31, 2025 -0.05%
Mar 31, 2025 -0.05%
Dec 31, 2024 -0.03%
Dec 31, 2024 -0.03%
Dec 31, 2024 -0.03%
Sep 30, 2024 -0.05%
Sep 30, 2024 -0.05%