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| Date | Value |
|---|---|
| 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% |