Codexis (CDXS) Tax Rate (2014 - 2025)
Codexis (CDXS) posted Tax Rate of -0.08% for Q2 2026, down 0.01 percentage points from -0.08% a year earlier but up 0.33 percentage points from the prior quarter.
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Analysis
Codexis (CDXS) Tax Rate (2014 - 2025) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Codexis was -0.23%, down 0.18 percentage points year-over-year; for FY2025, it was -0.11%, down 0.05 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +1.33 percentage points (FY2020 to FY2025).
- In prior years, Codexis' Tax Rate was -0.05% in FY2024 (+0.04 pp), -0.09% in FY2023 (+0.74 pp), -0.83% in FY2022 (+0.07 pp) and -0.90% in FY2021 (+0.54 pp).
- Quarterly Tax Rate has run from a low of -4.27% in Q2 2022 to a high of 4.67% in Q3 2021 over five years.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +0.04 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2021, with a gain of 4.99 percentage points; the weakest was Q3 2022, with a drop of 4.75 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -0.42% (Q1 2026), 0.19% (Q4 2025) and -0.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.99 Bn | 237.02 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 175.01 Bn | 145.44 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 164.93 Bn | 148.74 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 151.84 Bn | 131.26 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 119.05 Bn | 84.30 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 113.89 Bn | 100.00 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 65.37 Bn | 60.13 Bn | 3.85 Bn | 14.62% |
| 8 | Becton Dickinson | 53.36 Bn | 50.51 Bn | 2.32 Bn | 18.41% |
| 9 | Edwards Lifesciences | 50.83 Bn | 34.83 Bn | 1.35 Bn | 53.56% |
| 10 | Codexis | 117.46 Mn | -139.59 Mn | 11.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.19% |
| Sep 30, 2021 | 4.67% |
| Sep 30, 2015 | 4.83% |
| Dec 31, 2014 | 14.39% |
API Access
Codexis Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CDXS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CDXS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CDXS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();