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Side-by-side financial comparison of CODEXIS, INC. (CDXS) and FRANKLIN COVEY CO (FC). Click either name above to swap in a different company.

FRANKLIN COVEY CO is the larger business by last-quarter revenue ($64.0M vs $38.9M, roughly 1.6× CODEXIS, INC.). CODEXIS, INC. runs the higher net margin — 24.7% vs -5.1%, a 29.8% gap on every dollar of revenue. On growth, CODEXIS, INC. posted the faster year-over-year revenue change (81.3% vs -7.3%). CODEXIS, INC. produced more free cash flow last quarter ($19.6M vs $-1.6M). Over the past eight quarters, CODEXIS, INC.'s revenue compounded faster (51.0% CAGR vs 2.2%).

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

Franklin Covey Co., trading as FranklinCovey and based in Salt Lake City, Utah, is a coaching company which provides training and assessment services in the areas of leadership, individual effectiveness, and business execution for organizations and individuals. The company was formed on May 30, 1997, as a result of merger between Hyrum W. Smith's Franklin Quest and Stephen R. Covey's Covey Leadership Center. Among other products, the company has marketed the FranklinCovey planning system, mod...

CDXS vs FC — Head-to-Head

Bigger by revenue
FC
FC
1.6× larger
FC
$64.0M
$38.9M
CDXS
Growing faster (revenue YoY)
CDXS
CDXS
+88.6% gap
CDXS
81.3%
-7.3%
FC
Higher net margin
CDXS
CDXS
29.8% more per $
CDXS
24.7%
-5.1%
FC
More free cash flow
CDXS
CDXS
$21.2M more FCF
CDXS
$19.6M
$-1.6M
FC
Faster 2-yr revenue CAGR
CDXS
CDXS
Annualised
CDXS
51.0%
2.2%
FC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CDXS
CDXS
FC
FC
Revenue
$38.9M
$64.0M
Net Profit
$9.6M
$-3.3M
Gross Margin
94.8%
75.5%
Operating Margin
27.1%
-5.7%
Net Margin
24.7%
-5.1%
Revenue YoY
81.3%
-7.3%
Net Profit YoY
192.5%
-378.5%
EPS (diluted)
$0.13
$-0.27

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
FC
FC
Q4 25
$38.9M
$64.0M
Q3 25
$8.6M
$71.2M
Q2 25
$15.3M
$67.1M
Q1 25
$7.5M
$59.6M
Q4 24
$21.5M
$69.1M
Q3 24
$12.8M
$84.1M
Q2 24
$8.0M
$73.4M
Q1 24
$17.1M
$61.3M
Net Profit
CDXS
CDXS
FC
FC
Q4 25
$9.6M
$-3.3M
Q3 25
$-19.6M
$4.4M
Q2 25
$-13.3M
$-1.4M
Q1 25
$-20.7M
$-1.1M
Q4 24
$-10.4M
$1.2M
Q3 24
$-20.6M
$12.0M
Q2 24
$-22.8M
$5.7M
Q1 24
$-11.5M
$874.0K
Gross Margin
CDXS
CDXS
FC
FC
Q4 25
94.8%
75.5%
Q3 25
71.3%
75.5%
Q2 25
86.3%
76.5%
Q1 25
63.8%
76.7%
Q4 24
83.0%
76.3%
Q3 24
66.4%
78.1%
Q2 24
56.6%
76.6%
Q1 24
71.6%
76.4%
Operating Margin
CDXS
CDXS
FC
FC
Q4 25
27.1%
-5.7%
Q3 25
-220.3%
11.1%
Q2 25
-83.9%
-3.3%
Q1 25
-271.6%
-2.4%
Q4 24
-34.2%
2.1%
Q3 24
-129.0%
21.3%
Q2 24
-284.9%
11.4%
Q1 24
-69.6%
2.4%
Net Margin
CDXS
CDXS
FC
FC
Q4 25
24.7%
-5.1%
Q3 25
-228.1%
6.1%
Q2 25
-86.6%
-2.1%
Q1 25
-274.3%
-1.8%
Q4 24
-48.4%
1.7%
Q3 24
-160.8%
14.2%
Q2 24
-285.2%
7.8%
Q1 24
-67.4%
1.4%
EPS (diluted)
CDXS
CDXS
FC
FC
Q4 25
$0.13
$-0.27
Q3 25
$-0.22
$0.34
Q2 25
$-0.16
$-0.11
Q1 25
$-0.25
$-0.08
Q4 24
$-0.12
$0.09
Q3 24
$-0.29
$0.89
Q2 24
$-0.32
$0.43
Q1 24
$-0.16
$0.06

Balance Sheet & Financial Strength

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

Metric
CDXS
CDXS
FC
FC
Cash + ST InvestmentsLiquidity on hand
$78.2M
$17.5M
Total DebtLower is stronger
$40.1M
Stockholders' EquityBook value
$50.5M
$54.0M
Total Assets
$147.8M
$221.3M
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CDXS
CDXS
FC
FC
Q4 25
$78.2M
$17.5M
Q3 25
$58.7M
$31.7M
Q2 25
$66.3M
$33.7M
Q1 25
$59.8M
$40.4M
Q4 24
$73.5M
$53.3M
Q3 24
$90.3M
$48.7M
Q2 24
$73.2M
$36.6M
Q1 24
$85.5M
$40.9M
Total Debt
CDXS
CDXS
FC
FC
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 24
$28.1M
Stockholders' Equity
CDXS
CDXS
FC
FC
Q4 25
$50.5M
$54.0M
Q3 25
$38.5M
$66.9M
Q2 25
$55.6M
$65.6M
Q1 25
$49.6M
$72.5M
Q4 24
$66.9M
$80.6M
Q3 24
$73.4M
$83.1M
Q2 24
$61.4M
$72.2M
Q1 24
$79.3M
$70.8M
Total Assets
CDXS
CDXS
FC
FC
Q4 25
$147.8M
$221.3M
Q3 25
$124.0M
$242.9M
Q2 25
$138.2M
$218.3M
Q1 25
$128.9M
$221.3M
Q4 24
$149.0M
$239.9M
Q3 24
$148.2M
$261.5M
Q2 24
$132.0M
$221.0M
Q1 24
$149.6M
$221.9M
Debt / Equity
CDXS
CDXS
FC
FC
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×
Q1 24
0.35×

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
FC
FC
Operating Cash FlowLast quarter
$20.1M
$98.0K
Free Cash FlowOCF − Capex
$19.6M
$-1.6M
FCF MarginFCF / Revenue
50.3%
-2.5%
Capex IntensityCapex / Revenue
1.3%
2.7%
Cash ConversionOCF / Net Profit
2.09×
TTM Free Cash FlowTrailing 4 quarters
$-23.8M
$5.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CDXS
CDXS
FC
FC
Q4 25
$20.1M
$98.0K
Q3 25
$-7.7M
$9.9M
Q2 25
$-18.0M
$6.3M
Q1 25
$-13.8M
$-1.4M
Q4 24
$-16.5M
$14.1M
Q3 24
$-13.0M
$21.9M
Q2 24
$-12.2M
$8.2M
Q1 24
$-7.8M
$12.8M
Free Cash Flow
CDXS
CDXS
FC
FC
Q4 25
$19.6M
$-1.6M
Q3 25
$-7.9M
$5.7M
Q2 25
$-20.5M
$4.5M
Q1 25
$-15.1M
$-2.6M
Q4 24
$-18.2M
$13.1M
Q3 24
$-14.0M
$20.8M
Q2 24
$-12.6M
$7.3M
Q1 24
$-8.9M
$12.1M
FCF Margin
CDXS
CDXS
FC
FC
Q4 25
50.3%
-2.5%
Q3 25
-91.7%
8.0%
Q2 25
-133.6%
6.7%
Q1 25
-199.6%
-4.4%
Q4 24
-85.0%
19.0%
Q3 24
-109.0%
24.7%
Q2 24
-157.5%
9.9%
Q1 24
-52.2%
19.8%
Capex Intensity
CDXS
CDXS
FC
FC
Q4 25
1.3%
2.7%
Q3 25
2.1%
5.9%
Q2 25
16.4%
2.7%
Q1 25
16.7%
2.1%
Q4 24
8.3%
1.4%
Q3 24
7.8%
1.3%
Q2 24
5.0%
1.2%
Q1 24
6.6%
1.0%
Cash Conversion
CDXS
CDXS
FC
FC
Q4 25
2.09×
Q3 25
2.27×
Q2 25
Q1 25
Q4 24
11.98×
Q3 24
1.83×
Q2 24
1.43×
Q1 24
14.62×

Financial Flow Comparison

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

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