Codexis Reports Q1 2026 Earnings: Revenue Doubles and Net Loss Narrows
Codexis (CDXS) reported first-quarter earnings for 2026, with total revenue reaching $15.2 million—double the prior-year period due to a Merck technology transfer agreement. The company also narrowed its net loss from $20.7 million in Q1 2025 to $8.7 million and provided updated guidance for full-year revenue between $72 million and $76 million.
Tickers: $CDXS
Topics: cash position gross margin net loss R&D expenses revenue