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Codexis profit margin CDXS

Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.

Net margin, 12 months
−39.6%
Operating margin, 12 months
−35.6%
Peer median
5.5%

Over the twelve months to Jun 30, 2026, Codexis kept −39.6% of its revenue as net profit, with an operating margin of −35.6% and a gross margin of 87.0%.

Five years earlier its net margin was −28.2%.

The median for 6 specialty chemicals stocks of a similar size is 5.5%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−62.5%−59.3%86.7%
FY2024n/a−98.6%72.6%
FY2023n/a−97.0%81.7%
FY2022−24.2%−25.2%72.6%
FY2021−20.3%−21.7%78.8%
FY2020−34.8%−34.6%80.1%
FY2019−17.4%−18.3%77.2%
FY2018−18.0%−18.6%79.2%
FY2017−46.0%−45.9%71.4%
FY2016−17.5%−17.5%80.0%
FY2015−18.1%−18.6%84.2%
FY2014−54.0%−54.1%72.5%
FY2013n/an/a54.4%
FY2012−34.9%−34.6%65.3%
FY2011−13.4%−12.8%66.3%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−39.6%n/a−35.6%
Q1 FY26−41.0%n/a−37.5%
Q4 FY25−62.5%n/a−59.3%
Q3 FY25n/an/an/a
Q2 FY25n/an/an/a
Q1 FY25n/an/an/a
Q4 FY24n/an/a−98.6%
Q3 FY24−96.3%n/a−79.0%
Q2 FY24n/an/an/a
Q1 FY24−87.7%−46.6 pts−75.8%
Q4 FY23n/an/a−97.0%
Q3 FY23n/an/an/a

Against its peers

Companies in Chemicals - Specialty nearest Codexis' size, closest first, today.

CompanyProfit margin
CDXSCodexis−39.6%
ALTOAlto Ingredients5.5%
LXFRLuxfer2.2%
LXULSB Industries5.6%
WLKPWestlake Chemical Partners4.7%
GPREGreen Plains6.8%
REXREX AMERICAN RESOURCES19.7%
Peer median5.5%

Where Codexis ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Codexis

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.