Company / Operating Margin
CODEXIS, INC. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-59.3%
FY2025
5-year range
-98.6% / -18.3%
FY2021-FY2025
Trend
+39.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Margin returned to growth in FY2025 after 3 years of decline, reaching -59.3%.
Based on SEC 10-K filings.
-59.3% in FY2025 with a 5-year CAGR of -40.7%.
Improved from -97.0% to -59.3% over the past 2 years.
Operating Margin over time
Growth rates
- 3-Year Change
- -24.7pp
- 5-Year Change
- -40.7pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, operating margin increased 39.9% year-over-year.
- Peak operating margin was recorded in FY2018.
- Lowest operating margin in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score -3.31 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -59.3% | +39.9% |
| FY2024 | -98.6% | -1.6% |
| FY2023 | -97.0% | -180.1% |
| FY2022 | -34.6% | -89.0% |
| FY2021 | -18.3% | +1.7% |
| FY2020 | -18.6% | +59.4% |
| FY2019 | -45.9% | -161.8% |
| FY2018 | -17.5% | +5.6% |
| FY2017 | -18.6% | +65.7% |
| FY2016 | -54.1% | +58.0% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026