Codexis Income Statement 2025-2008 | CDXS

Brief overview of profit and loss at Codexis

The comparison covers a five-year financial horizon. Revenue reported by Codexis was 69.1 million dollars at the beginning of the period and 70.4 million dollars at the end. The total change was +1.9%, with a CAGR of approximately 0.4%. The scale of the core business was largely unchanged.

Gross profit was $55.3 million at the start and $61 million at the end of the period (+10.4%). Revenue outpaced cost of revenue, allowing more sales to flow into gross profit. At the margin level, the figure shifted from 80.1% to 86.7%. Improving gross profitability strengthens the quality of revenue growth.

EBITDA changed from −22 million dollars to −36.5 million dollars (−66.1%). EBITDA underperformed the top-line trend. Comparing the endpoints gives EBITDA margins of −31.8% and −51.8%. Cost pressure reduced operating profitability.

The net financial result changed from −24 million dollars to −44 million dollars. Larger losses indicate rising pressure on the business.

Market value was $1.3 billion at the start and $111 million at the end. Market expectations deteriorated over the period.

Conclusion

The indicators point to a weaker financial profile. The constructive conclusion rests on a stronger gross margin. The most visible risks are a narrow EBITDA buffer, a weaker final result and a softer top-line trend. The key question is whether sales can be converted into sustainable profit.