Codexis Q2 revenue falls to $14.9 million; net loss narrows to $12.0 million
Codexis reported second-quarter 2026 revenue of $14.9 million, down from $15.3 million a year earlier, while its net loss narrowed to $12.0 million, or $0.13 per share, from $13.3 million, or $0.16 per share. The company reiterated its full-year 2026 revenue guidance of $72 million to $76 million and said a July equity raise brought in about $25 million in net proceeds, for proforma cash of about $80 million.
Key points
- Q2 2026 total revenues were $14.9 million, versus $15.3 million in Q2 2025, mainly due to lower research and development revenue.
- Net loss was $12.0 million, or $0.13 per share, compared with $13.3 million, or $0.16 per share, a year earlier.
- Full-year 2026 total revenue guidance of $72 million to $76 million was reiterated, not changed.
- An equity financing completed in July raised about $25 million in net proceeds; proforma cash is about $80 million.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.