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Side-by-side financial comparison of CODEXIS, INC. (CDXS) and Capitol Federal Financial, Inc. (CFFN). Click either name above to swap in a different company.

Capitol Federal Financial, Inc. is the larger business by last-quarter revenue ($57.7M vs $38.9M, roughly 1.5× CODEXIS, INC.). Capitol Federal Financial, Inc. runs the higher net margin — 34.9% vs 24.7%, a 10.2% gap on every dollar of revenue. Over the past eight quarters, CODEXIS, INC.'s revenue compounded faster (51.0% CAGR vs 12.1%).

Codexis, Inc. is a protein engineering company that develops enzymes for pharmaceutical, food and medical applications.

Capitol Federal Savings Bank (CapFed) is a federally chartered and insured savings bank founded in 1893 and headquartered in Topeka, Kansas. Capitol Federal has 51 locations serving both the Kansas and Missouri sides of the Kansas City metropolitan area with personal and business financial services. It is owned by holding company Capitol Federal Financial Inc. for trading on the Nasdaq.

CDXS vs CFFN — Head-to-Head

Bigger by revenue
CFFN
CFFN
1.5× larger
CFFN
$57.7M
$38.9M
CDXS
Higher net margin
CFFN
CFFN
10.2% more per $
CFFN
34.9%
24.7%
CDXS
Faster 2-yr revenue CAGR
CDXS
CDXS
Annualised
CDXS
51.0%
12.1%
CFFN

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CDXS
CDXS
CFFN
CFFN
Revenue
$38.9M
$57.7M
Net Profit
$9.6M
$20.1M
Gross Margin
94.8%
Operating Margin
27.1%
Net Margin
24.7%
34.9%
Revenue YoY
81.3%
Net Profit YoY
192.5%
EPS (diluted)
$0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CDXS
CDXS
CFFN
CFFN
Q1 26
$57.7M
Q4 25
$38.9M
$56.8M
Q3 25
$8.6M
$54.6M
Q2 25
$15.3M
$50.7M
Q1 25
$7.5M
$48.8M
Q4 24
$21.5M
$46.9M
Q3 24
$12.8M
Q2 24
$8.0M
$45.0M
Net Profit
CDXS
CDXS
CFFN
CFFN
Q1 26
$20.1M
Q4 25
$9.6M
$20.3M
Q3 25
$-19.6M
$18.8M
Q2 25
$-13.3M
$18.4M
Q1 25
$-20.7M
$15.4M
Q4 24
$-10.4M
$15.4M
Q3 24
$-20.6M
Q2 24
$-22.8M
$9.6M
Gross Margin
CDXS
CDXS
CFFN
CFFN
Q1 26
Q4 25
94.8%
Q3 25
71.3%
Q2 25
86.3%
Q1 25
63.8%
Q4 24
83.0%
Q3 24
66.4%
Q2 24
56.6%
Operating Margin
CDXS
CDXS
CFFN
CFFN
Q1 26
Q4 25
27.1%
44.4%
Q3 25
-220.3%
42.2%
Q2 25
-83.9%
42.6%
Q1 25
-271.6%
39.5%
Q4 24
-34.2%
40.7%
Q3 24
-129.0%
Q2 24
-284.9%
34.7%
Net Margin
CDXS
CDXS
CFFN
CFFN
Q1 26
34.9%
Q4 25
24.7%
35.7%
Q3 25
-228.1%
34.5%
Q2 25
-86.6%
36.2%
Q1 25
-274.3%
31.6%
Q4 24
-48.4%
32.9%
Q3 24
-160.8%
Q2 24
-285.2%
21.4%
EPS (diluted)
CDXS
CDXS
CFFN
CFFN
Q1 26
Q4 25
$0.13
$0.16
Q3 25
$-0.22
$0.14
Q2 25
$-0.16
$0.14
Q1 25
$-0.25
$0.12
Q4 24
$-0.12
$0.12
Q3 24
$-0.29
Q2 24
$-0.32
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CDXS
CDXS
CFFN
CFFN
Cash + ST InvestmentsLiquidity on hand
$78.2M
$2.5M
Total DebtLower is stronger
$40.1M
Stockholders' EquityBook value
$50.5M
$1.0B
Total Assets
$147.8M
$9.8B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CDXS
CDXS
CFFN
CFFN
Q1 26
$2.5M
Q4 25
$78.2M
$232.6M
Q3 25
$58.7M
$252.4M
Q2 25
$66.3M
$175.0M
Q1 25
$59.8M
$340.4M
Q4 24
$73.5M
$170.3M
Q3 24
$90.3M
Q2 24
$73.2M
$317.8M
Total Debt
CDXS
CDXS
CFFN
CFFN
Q1 26
Q4 25
$40.1M
Q3 25
$39.7M
Q2 25
$39.4M
Q1 25
$29.2M
Q4 24
$28.9M
Q3 24
$28.6M
Q2 24
$28.4M
Stockholders' Equity
CDXS
CDXS
CFFN
CFFN
Q1 26
$1.0B
Q4 25
$50.5M
$1.0B
Q3 25
$38.5M
$1.0B
Q2 25
$55.6M
$1.0B
Q1 25
$49.6M
$1.0B
Q4 24
$66.9M
$1.0B
Q3 24
$73.4M
Q2 24
$61.4M
$1.0B
Total Assets
CDXS
CDXS
CFFN
CFFN
Q1 26
$9.8B
Q4 25
$147.8M
$9.8B
Q3 25
$124.0M
$9.8B
Q2 25
$138.2M
$9.7B
Q1 25
$128.9M
$9.7B
Q4 24
$149.0M
$9.5B
Q3 24
$148.2M
Q2 24
$132.0M
$9.6B
Debt / Equity
CDXS
CDXS
CFFN
CFFN
Q1 26
Q4 25
0.79×
Q3 25
1.03×
Q2 25
0.71×
Q1 25
0.59×
Q4 24
0.43×
Q3 24
0.39×
Q2 24
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CDXS
CDXS
CFFN
CFFN
Operating Cash FlowLast quarter
$20.1M
Free Cash FlowOCF − Capex
$19.6M
FCF MarginFCF / Revenue
50.3%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
2.09×
TTM Free Cash FlowTrailing 4 quarters
$-23.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CDXS
CDXS
CFFN
CFFN
Q1 26
Q4 25
$20.1M
$17.4M
Q3 25
$-7.7M
$55.0M
Q2 25
$-18.0M
$12.4M
Q1 25
$-13.8M
$15.5M
Q4 24
$-16.5M
$5.6M
Q3 24
$-13.0M
Q2 24
$-12.2M
$19.1M
Free Cash Flow
CDXS
CDXS
CFFN
CFFN
Q1 26
Q4 25
$19.6M
$15.8M
Q3 25
$-7.9M
$49.8M
Q2 25
$-20.5M
$10.8M
Q1 25
$-15.1M
$14.7M
Q4 24
$-18.2M
$4.5M
Q3 24
$-14.0M
Q2 24
$-12.6M
$16.4M
FCF Margin
CDXS
CDXS
CFFN
CFFN
Q1 26
Q4 25
50.3%
27.9%
Q3 25
-91.7%
91.3%
Q2 25
-133.6%
21.2%
Q1 25
-199.6%
30.2%
Q4 24
-85.0%
9.5%
Q3 24
-109.0%
Q2 24
-157.5%
36.5%
Capex Intensity
CDXS
CDXS
CFFN
CFFN
Q1 26
Q4 25
1.3%
2.8%
Q3 25
2.1%
9.5%
Q2 25
16.4%
3.2%
Q1 25
16.7%
1.5%
Q4 24
8.3%
2.5%
Q3 24
7.8%
Q2 24
5.0%
5.9%
Cash Conversion
CDXS
CDXS
CFFN
CFFN
Q1 26
Q4 25
2.09×
0.86×
Q3 25
2.93×
Q2 25
0.67×
Q1 25
1.01×
Q4 24
0.36×
Q3 24
Q2 24
1.98×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CDXS
CDXS

Segment breakdown not available.

CFFN
CFFN

Net Interest Income$52.3M91%
Noninterest Income$5.5M9%

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