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Side-by-side financial comparison of CODEXIS, INC. (CDXS) and GREENE COUNTY BANCORP INC (GCBC). Click either name above to swap in a different company.

CODEXIS, INC. is the larger business by last-quarter revenue ($38.9M vs $22.2M, roughly 1.8× GREENE COUNTY BANCORP INC). GREENE COUNTY BANCORP INC runs the higher net margin — 46.3% vs 24.7%, a 21.7% gap on every dollar of revenue. On growth, CODEXIS, INC. posted the faster year-over-year revenue change (81.3% vs 23.8%). CODEXIS, INC. produced more free cash flow last quarter ($19.6M vs $6.2M). Over the past eight quarters, CODEXIS, INC.'s revenue compounded faster (51.0% CAGR vs 18.9%).

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

Bank of Greene County is an American federally-chartered savings bank headquartered in Catskill, NY. The bank's branches are located in the Upstate New York counties of Greene, Columbia, Albany, Ulster, and Rensselaer.

CDXS vs GCBC — Head-to-Head

Bigger by revenue
CDXS
CDXS
1.8× larger
CDXS
$38.9M
$22.2M
GCBC
Growing faster (revenue YoY)
CDXS
CDXS
+57.5% gap
CDXS
81.3%
23.8%
GCBC
Higher net margin
GCBC
GCBC
21.7% more per $
GCBC
46.3%
24.7%
CDXS
More free cash flow
CDXS
CDXS
$13.4M more FCF
CDXS
$19.6M
$6.2M
GCBC
Faster 2-yr revenue CAGR
CDXS
CDXS
Annualised
CDXS
51.0%
18.9%
GCBC

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CDXS
CDXS
GCBC
GCBC
Revenue
$38.9M
$22.2M
Net Profit
$9.6M
$10.3M
Gross Margin
94.8%
Operating Margin
27.1%
52.0%
Net Margin
24.7%
46.3%
Revenue YoY
81.3%
23.8%
Net Profit YoY
192.5%
37.4%
EPS (diluted)
$0.13
$0.60

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
GCBC
GCBC
Q4 25
$38.9M
$22.2M
Q3 25
$8.6M
$21.5M
Q2 25
$15.3M
$20.5M
Q1 25
$7.5M
$20.1M
Q4 24
$21.5M
$17.9M
Q3 24
$12.8M
$16.9M
Q2 24
$8.0M
$16.6M
Q1 24
$17.1M
$15.7M
Net Profit
CDXS
CDXS
GCBC
GCBC
Q4 25
$9.6M
$10.3M
Q3 25
$-19.6M
$8.9M
Q2 25
$-13.3M
$9.3M
Q1 25
$-20.7M
$8.1M
Q4 24
$-10.4M
$7.5M
Q3 24
$-20.6M
$6.3M
Q2 24
$-22.8M
$6.7M
Q1 24
$-11.5M
$5.9M
Gross Margin
CDXS
CDXS
GCBC
GCBC
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 24
71.6%
Operating Margin
CDXS
CDXS
GCBC
GCBC
Q4 25
27.1%
52.0%
Q3 25
-220.3%
47.4%
Q2 25
-83.9%
53.5%
Q1 25
-271.6%
44.6%
Q4 24
-34.2%
45.0%
Q3 24
-129.0%
39.6%
Q2 24
-284.9%
41.2%
Q1 24
-69.6%
39.4%
Net Margin
CDXS
CDXS
GCBC
GCBC
Q4 25
24.7%
46.3%
Q3 25
-228.1%
41.2%
Q2 25
-86.6%
45.6%
Q1 25
-274.3%
40.1%
Q4 24
-48.4%
41.7%
Q3 24
-160.8%
37.1%
Q2 24
-285.2%
40.6%
Q1 24
-67.4%
37.3%
EPS (diluted)
CDXS
CDXS
GCBC
GCBC
Q4 25
$0.13
$0.60
Q3 25
$-0.22
$0.52
Q2 25
$-0.16
$0.55
Q1 25
$-0.25
$0.47
Q4 24
$-0.12
$0.44
Q3 24
$-0.29
$0.37
Q2 24
$-0.32
$0.39
Q1 24
$-0.16
$0.34

Balance Sheet & Financial Strength

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

Metric
CDXS
CDXS
GCBC
GCBC
Cash + ST InvestmentsLiquidity on hand
$78.2M
Total DebtLower is stronger
$40.1M
Stockholders' EquityBook value
$50.5M
$258.3M
Total Assets
$147.8M
$3.1B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CDXS
CDXS
GCBC
GCBC
Q4 25
$78.2M
Q3 25
$58.7M
Q2 25
$66.3M
Q1 25
$59.8M
$155.5M
Q4 24
$73.5M
$166.4M
Q3 24
$90.3M
Q2 24
$73.2M
$190.4M
Q1 24
$85.5M
Total Debt
CDXS
CDXS
GCBC
GCBC
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
GCBC
GCBC
Q4 25
$50.5M
$258.3M
Q3 25
$38.5M
$248.2M
Q2 25
$55.6M
$238.8M
Q1 25
$49.6M
$229.0M
Q4 24
$66.9M
$218.4M
Q3 24
$73.4M
$216.3M
Q2 24
$61.4M
$206.0M
Q1 24
$79.3M
$199.2M
Total Assets
CDXS
CDXS
GCBC
GCBC
Q4 25
$147.8M
$3.1B
Q3 25
$124.0M
$3.1B
Q2 25
$138.2M
$3.0B
Q1 25
$128.9M
$3.0B
Q4 24
$149.0M
$3.0B
Q3 24
$148.2M
$2.9B
Q2 24
$132.0M
$2.8B
Q1 24
$149.6M
$2.9B
Debt / Equity
CDXS
CDXS
GCBC
GCBC
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
GCBC
GCBC
Operating Cash FlowLast quarter
$20.1M
$6.4M
Free Cash FlowOCF − Capex
$19.6M
$6.2M
FCF MarginFCF / Revenue
50.3%
28.0%
Capex IntensityCapex / Revenue
1.3%
0.9%
Cash ConversionOCF / Net Profit
2.09×
0.62×
TTM Free Cash FlowTrailing 4 quarters
$-23.8M
$47.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CDXS
CDXS
GCBC
GCBC
Q4 25
$20.1M
$6.4M
Q3 25
$-7.7M
$7.0M
Q2 25
$-18.0M
$28.0M
Q1 25
$-13.8M
$7.3M
Q4 24
$-16.5M
$5.3M
Q3 24
$-13.0M
$2.1M
Q2 24
$-12.2M
$24.9M
Q1 24
$-7.8M
$5.6M
Free Cash Flow
CDXS
CDXS
GCBC
GCBC
Q4 25
$19.6M
$6.2M
Q3 25
$-7.9M
$6.5M
Q2 25
$-20.5M
$27.3M
Q1 25
$-15.1M
$7.3M
Q4 24
$-18.2M
$5.1M
Q3 24
$-14.0M
$2.0M
Q2 24
$-12.6M
$23.4M
Q1 24
$-8.9M
$4.9M
FCF Margin
CDXS
CDXS
GCBC
GCBC
Q4 25
50.3%
28.0%
Q3 25
-91.7%
30.4%
Q2 25
-133.6%
133.3%
Q1 25
-199.6%
36.1%
Q4 24
-85.0%
28.6%
Q3 24
-109.0%
11.8%
Q2 24
-157.5%
141.2%
Q1 24
-52.2%
31.3%
Capex Intensity
CDXS
CDXS
GCBC
GCBC
Q4 25
1.3%
0.9%
Q3 25
2.1%
1.9%
Q2 25
16.4%
3.4%
Q1 25
16.7%
0.3%
Q4 24
8.3%
1.0%
Q3 24
7.8%
0.9%
Q2 24
5.0%
9.1%
Q1 24
6.6%
4.2%
Cash Conversion
CDXS
CDXS
GCBC
GCBC
Q4 25
2.09×
0.62×
Q3 25
0.78×
Q2 25
3.00×
Q1 25
0.91×
Q4 24
0.71×
Q3 24
0.34×
Q2 24
3.70×
Q1 24
0.95×

Financial Flow Comparison

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

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