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How Codexis, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$70.4M · 100%Cost of revenue$9.3M · 13%Gross profit$61M · 87%Operating income−$41.7M · −59%Income before tax−$43.9M · −62%Income tax$47000 · 0%Net income−$44M · −62%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$70.4M100%
  • 10-K · FY 2025Filing detailsAccession 0001200375-26-000006 · filed Mar 11, 2026
Cost of revenue$9.3M13%
  • 10-K · FY 2025Filing detailsAccession 0001200375-26-000006 · filed Mar 11, 2026
$61M87%
  • 10-K · FY 2025Filing detailsAccession 0001200375-26-000006 · filed Mar 11, 2026
−$41.7M−59%
  • 10-K · FY 2025Filing detailsAccession 0001200375-26-000006 · filed Mar 11, 2026
Income before tax−$43.9M−62%
  • 10-K · FY 2025Filing detailsAccession 0001200375-26-000006 · filed Mar 11, 2026
Income tax$470000%
  • 10-K · FY 2025Filing detailsAccession 0001200375-26-000006 · filed Mar 11, 2026
−$44M−62%
  • 10-K · FY 2025Filing detailsAccession 0001200375-26-000006 · filed Mar 11, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001200375-26-000006 · filed Mar 11, 2026
· event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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