Company / Working Capital
CODEXIS, INC. Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$71.5M
FY2025
5-year range
$57.6M / $128.5M
FY2021-FY2025
Trend
-4.8%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Working Capital has fluctuated over the past 10 years, ranging from $15M in FY2016 to $159M in FY2020.
Based on SEC 10-K filings.
$71M in FY2025 with a 5-year CAGR of -14.8%.
Improved from $58M to $71M over the past 2 years.
Working Capital over time
Growth rates
- 3-Year CAGR
- -14.4%
- 5-Year CAGR
- -14.8%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -14.8%, indicating a declining trend.
- In FY2025, working capital decreased 4.8% year-over-year.
- Peak working capital was recorded in FY2020.
- Lowest working capital in the period was in FY2016.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $71.5M | -4.8% |
| FY2024 | $75.1M | +30.3% |
| FY2023 | $57.6M | -49.4% |
| FY2022 | $113.8M | -11.4% |
| FY2021 | $128.5M | -19.4% |
| FY2020 | $159.4M | +61.4% |
| FY2019 | $98.8M | +97.3% |
| FY2018 | $50.1M | +149.3% |
| FY2017 | $20.1M | +35.2% |
| FY2016 | $14.9M | -17.4% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026