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Side-by-side financial comparison of CODEXIS, INC. (CDXS) and CIVISTA BANCSHARES, INC. (CIVB). Click either name above to swap in a different company.
CIVISTA BANCSHARES, INC. is the larger business by last-quarter revenue ($47.3M vs $38.9M, roughly 1.2× CODEXIS, INC.). CIVISTA BANCSHARES, INC. runs the higher net margin — 31.7% vs 24.7%, a 7.0% gap on every dollar of revenue. Over the past eight quarters, CODEXIS, INC.'s revenue compounded faster (51.0% CAGR vs 11.3%).
Codexis, Inc. is a protein engineering company that develops enzymes for pharmaceutical, food and medical applications.
Civista Bancshares, Inc. is a US-based bank holding company operating primarily across the Midwest region. It provides a full suite of personal and commercial banking services including deposit accounts, mortgage, consumer and commercial lending products, as well as wealth management solutions, serving retail consumers, small and medium-sized local businesses and community client segments.
CDXS vs CIVB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $38.9M | $47.3M |
| Net Profit | $9.6M | $15.0M |
| Gross Margin | 94.8% | — |
| Operating Margin | 27.1% | — |
| Net Margin | 24.7% | 31.7% |
| Revenue YoY | 81.3% | — |
| Net Profit YoY | 192.5% | 47.4% |
| EPS (diluted) | $0.13 | $0.72 |
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.
| Q1 26 | — | $47.3M | ||
| Q4 25 | $38.9M | $46.3M | ||
| Q3 25 | $8.6M | $44.2M | ||
| Q2 25 | $15.3M | $41.4M | ||
| Q1 25 | $7.5M | $40.6M | ||
| Q4 24 | $21.5M | $40.4M | ||
| Q3 24 | $12.8M | $39.3M | ||
| Q2 24 | $8.0M | $38.1M |
| Q1 26 | — | $15.0M | ||
| Q4 25 | $9.6M | — | ||
| Q3 25 | $-19.6M | $12.8M | ||
| Q2 25 | $-13.3M | $11.0M | ||
| Q1 25 | $-20.7M | $10.2M | ||
| Q4 24 | $-10.4M | — | ||
| Q3 24 | $-20.6M | $8.4M | ||
| Q2 24 | $-22.8M | $7.1M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | 27.1% | 31.8% | ||
| Q3 25 | -220.3% | 35.4% | ||
| Q2 25 | -83.9% | 31.1% | ||
| Q1 25 | -271.6% | 29.4% | ||
| Q4 24 | -34.2% | 28.2% | ||
| Q3 24 | -129.0% | 25.2% | ||
| Q2 24 | -284.9% | 21.2% |
| Q1 26 | — | 31.7% | ||
| Q4 25 | 24.7% | — | ||
| Q3 25 | -228.1% | 28.9% | ||
| Q2 25 | -86.6% | 26.6% | ||
| Q1 25 | -274.3% | 25.0% | ||
| Q4 24 | -48.4% | — | ||
| Q3 24 | -160.8% | 21.3% | ||
| Q2 24 | -285.2% | 18.5% |
| Q1 26 | — | $0.72 | ||
| Q4 25 | $0.13 | $0.59 | ||
| Q3 25 | $-0.22 | $0.68 | ||
| Q2 25 | $-0.16 | $0.71 | ||
| Q1 25 | $-0.25 | $0.66 | ||
| Q4 24 | $-0.12 | $0.62 | ||
| Q3 24 | $-0.29 | $0.53 | ||
| Q2 24 | $-0.32 | $0.45 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $78.2M | — |
| Total DebtLower is stronger | $40.1M | — |
| Stockholders' EquityBook value | $50.5M | $553.9M |
| Total Assets | $147.8M | $4.3B |
| Debt / EquityLower = less leverage | 0.79× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $78.2M | — | ||
| Q3 25 | $58.7M | — | ||
| Q2 25 | $66.3M | — | ||
| Q1 25 | $59.8M | — | ||
| Q4 24 | $73.5M | — | ||
| Q3 24 | $90.3M | — | ||
| Q2 24 | $73.2M | — |
| 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 | — |
| Q1 26 | — | $553.9M | ||
| Q4 25 | $50.5M | $543.5M | ||
| Q3 25 | $38.5M | $499.0M | ||
| Q2 25 | $55.6M | $404.1M | ||
| Q1 25 | $49.6M | $397.4M | ||
| Q4 24 | $66.9M | $388.5M | ||
| Q3 24 | $73.4M | $394.4M | ||
| Q2 24 | $61.4M | $373.8M |
| Q1 26 | — | $4.3B | ||
| Q4 25 | $147.8M | $4.3B | ||
| Q3 25 | $124.0M | $4.1B | ||
| Q2 25 | $138.2M | $4.2B | ||
| Q1 25 | $128.9M | $4.1B | ||
| Q4 24 | $149.0M | $4.1B | ||
| Q3 24 | $148.2M | $4.1B | ||
| Q2 24 | $132.0M | $4.0B |
| 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 | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $20.1M | $43.3M | ||
| Q3 25 | $-7.7M | $19.0M | ||
| Q2 25 | $-18.0M | $11.1M | ||
| Q1 25 | $-13.8M | $3.6M | ||
| Q4 24 | $-16.5M | $48.2M | ||
| Q3 24 | $-13.0M | $12.9M | ||
| Q2 24 | $-12.2M | $12.2M |
| Q1 26 | — | — | ||
| Q4 25 | $19.6M | $42.1M | ||
| Q3 25 | $-7.9M | — | ||
| Q2 25 | $-20.5M | — | ||
| Q1 25 | $-15.1M | $3.5M | ||
| Q4 24 | $-18.2M | $44.1M | ||
| Q3 24 | $-14.0M | — | ||
| Q2 24 | $-12.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | 50.3% | 90.9% | ||
| Q3 25 | -91.7% | — | ||
| Q2 25 | -133.6% | — | ||
| Q1 25 | -199.6% | 8.5% | ||
| Q4 24 | -85.0% | 109.1% | ||
| Q3 24 | -109.0% | — | ||
| Q2 24 | -157.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 2.5% | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 16.4% | — | ||
| Q1 25 | 16.7% | 0.4% | ||
| Q4 24 | 8.3% | 10.4% | ||
| Q3 24 | 7.8% | — | ||
| Q2 24 | 5.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.09× | — | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | — | 1.01× | ||
| Q1 25 | — | 0.36× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.54× | ||
| Q2 24 | — | 1.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CDXS
Segment breakdown not available.
CIVB
| Net Interest Income | $37.8M | 80% |
| Noninterest Income | $9.4M | 20% |
