Codexis (CDXS) Tax Rate (2010 - 2026)

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

• In Q1 2026, Tax Rate fell 36.0% year-over-year to 0.42%; the TTM figure through Mar 2026 stood at 0.23% (down 18.0% YoY), while the FY2025 annual figure was 0.11%, down 5.0% from the prior year.
• Tax Rate was 0.42% for Q1 2026 at Codexis, down from 0.19% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 0.19% in Q4 2025 to a low of 4.27% in Q2 2022.
• Historically, Tax Rate has averaged 0.41% across 5 years, with a median of 0.08% in 2025.
• The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 475 bps in 2022, then jumped 419 bps in 2023.
• A 5-year view of Tax Rate shows it 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 sank by 322 bps to 0.42% in 2026.
• The last three Tax Rate figures came in at 0.42% (Q1 2026), 0.19% (Q4 2025), and 0.04% (Q3 2025), per Business Quant data.