Codexis annual operating expenses
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Codexis Operating Expenses Growth & History (CDXS)
Codexis's operating expenses was $112.1M for fiscal 2025.
View full Codexis company overviewCodexis annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $112.1M | −$5.7M | −4.87% |
| 2024 | 2024-12-31 | $117.9M | −$20.3M | −14.72% |
| 2023 | 2023-12-31 | $138.2M | −$35.3M | −20.33% |
| 2022 | 2022-12-31 | $173.5M | $46.0M | +36.11% |
| 2021 | 2021-12-31 | $127.5M | $34.5M | +37.08% |
| 2020 | 2020-12-31 | $93.0M | $12.0M | +14.78% |
| 2019 | 2019-12-31 | $81.0M | $9.1M | +12.68% |
| 2018 | 2018-12-31 | $71.9M | −$1.1M | −1.51% |
| 2017 | 2017-12-31 | $73.0M | $15.6M | +27.17% |
| 2016 | 2016-12-31 | $57.4M | $7.8M | +15.79% |
| 2015 | 2015-12-31 | $49.6M | −$4.8M | −8.90% |
| 2014 | 2014-12-31 | $54.4M | −$18.6M | −25.52% |
| 2013 | 2013-12-31 | $73.1M | −$45.7M | −38.50% |
| 2012 | 2012-12-31 | $118.8M | −$21.0M | −15.00% |
| 2011 | 2011-12-31 | $139.8M | $25.5M | +22.36% |
| 2010 | 2010-12-31 | $114.2M | $13.0M | +12.79% |
| 2009 | 2009-12-31 | $101.3M | — | — |
Codexis quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $26.1M | −$2.0M | −7.26% |
| Q1 2026 | 2026-03-31 | $23.3M | −$4.7M | −16.90% |
| Q4 2025 | 2025-12-31 | $28.4M | −$445,000 | −1.55% |
| Q3 2025 | 2025-09-30 | $27.6M | −$1.8M | −6.26% |
| Q2 2025 | 2025-06-30 | $28.2M | −$2.5M | −8.21% |
| Q1 2025 | 2025-03-31 | $28.0M | −$932,000 | −3.22% |
| Q4 2024 | 2024-12-31 | $28.8M | $2.5M | +9.60% |
| Q3 2024 | 2024-09-30 | $29.4M | −$11.9M | −28.90% |
| Q2 2024 | 2024-06-30 | $30.7M | −$3.2M | −9.54% |
| Q1 2024 | 2024-03-31 | $29.0M | −$7.7M | −20.97% |
| Q4 2023 | 2023-12-31 | $26.3M | −$17.3M | −39.76% |
| Q3 2023 | 2023-09-30 | $41.3M | −$3.8M | −8.36% |
| Q2 2023 | 2023-06-30 | $33.9M | −$7.1M | −17.23% |
| Q1 2023 | 2023-03-31 | $36.6M | −$7.1M | −16.19% |
| Q4 2022 | 2022-12-31 | $43.6M | $8.7M | +25.05% |
| Q3 2022 | 2022-09-30 | $45.1M | $9.7M | +27.28% |
| Q2 2022 | 2022-06-30 | $41.0M | $11.1M | +37.00% |
| Q1 2022 | 2022-03-31 | $43.7M | $16.5M | +60.83% |
| Q4 2021 | 2021-12-31 | $34.9M | $9.9M | +39.79% |
| Q3 2021 | 2021-09-30 | $35.4M | $11.0M | +44.95% |
| Q2 2021 | 2021-06-30 | $29.9M | $8.9M | +42.07% |
| Q1 2021 | 2021-03-31 | $27.2M | $4.7M | +20.85% |
| Q4 2020 | 2020-12-31 | $25.0M | $5.4M | +27.35% |
| Q3 2020 | 2020-09-30 | $24.4M | $2.8M | +12.94% |
| Q2 2020 | 2020-06-30 | $21.1M | $2.1M | +11.26% |
| Q1 2020 | 2020-03-31 | $22.5M | $1.7M | +8.04% |
| Q4 2019 | 2019-12-31 | $19.6M | $2.9M | +17.26% |
| Q3 2019 | 2019-09-30 | $21.6M | $2.6M | +13.62% |
| Q2 2019 | 2019-06-30 | $18.9M | $1.6M | +9.01% |
| Q1 2019 | 2019-03-31 | $20.8M | $2.1M | +11.06% |
| Q4 2018 | 2018-12-31 | $16.7M | −$4.1M | −19.82% |
| Q3 2018 | 2018-09-30 | $19.1M | −$968,000 | −4.84% |
| Q2 2018 | 2018-06-30 | $17.4M | $692,000 | +4.15% |
| Q1 2018 | 2018-03-31 | $18.7M | $3.3M | +21.38% |
| Q4 2017 | 2017-12-31 | $20.8M | $5.6M | +36.95% |
| Q3 2017 | 2017-09-30 | $20.0M | $6.6M | +48.83% |
| Q2 2017 | 2017-06-30 | $16.7M | $2.9M | +21.31% |
| Q1 2017 | 2017-03-31 | $15.4M | $470,000 | +3.14% |
| Q4 2016 | 2016-12-31 | $15.2M | $1.4M | +10.12% |
| Q3 2016 | 2016-09-30 | $13.5M | $1.7M | +14.87% |
| Q2 2016 | 2016-06-30 | $13.8M | $2.0M | +17.39% |
| Q1 2016 | 2016-03-31 | $15.0M | $2.6M | +21.50% |
| Q4 2015 | 2015-12-31 | $13.8M | $80,000 | +0.58% |
| Q3 2015 | 2015-09-30 | $11.7M | −$16,000 | −0.14% |
| Q2 2015 | 2015-06-30 | $11.7M | −$3.8M | −24.32% |
| Q1 2015 | 2015-03-31 | $12.3M | −$1.1M | −8.49% |
| Q4 2014 | 2014-12-31 | $13.7M | −$5.6M | −29.09% |
| Q3 2014 | 2014-09-30 | $11.7M | −$1.4M | −10.87% |
| Q2 2014 | 2014-06-30 | $15.5M | −$3.9M | −20.30% |
| Q1 2014 | 2014-03-31 | $13.5M | −$7.6M | −36.19% |
| Q4 2013 | 2013-12-31 | $19.4M | −$4.3M | −18.10% |
| Q3 2013 | 2013-09-30 | $13.2M | −$15.3M | −53.83% |
| Q2 2013 | 2013-06-30 | $19.4M | −$8.8M | −31.29% |
| Q1 2013 | 2013-03-31 | $21.1M | −$17.3M | −45.00% |
| Q4 2012 | 2012-12-31 | $23.7M | −$14.7M | −38.38% |
| Q3 2012 | 2012-09-30 | $28.5M | −$7.1M | −19.99% |
| Q2 2012 | 2012-06-30 | $28.3M | −$3.1M | −9.82% |
| Q1 2012 | 2012-03-31 | $38.4M | $4.0M | +11.55% |
| Q4 2011 | 2011-12-31 | $38.4M | — | — |
| Q3 2011 | 2011-09-30 | $35.6M | $6.0M | +20.43% |
| Q2 2011 | 2011-06-30 | $31.3M | $3.6M | +13.04% |
| Q1 2011 | 2011-03-31 | $34.4M | — | — |
| Q3 2010 | 2010-09-30 | $29.6M | — | — |
| Q2 2010 | 2010-06-30 | $27.7M | — | — |
Codexis operating expenses trends
Over the last five fiscal years, Codexis's operating expenses increased from $93.0M to $112.1M, a change of $19.1M. The latest reported quarter, Q2 2026, shows $26.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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