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Side-by-side financial comparison of CODEXIS, INC. (CDXS) and HACKETT GROUP, INC. (HCKT). Click either name above to swap in a different company.

HACKETT GROUP, INC. is the larger business by last-quarter revenue ($75.8M vs $38.9M, roughly 1.9× CODEXIS, INC.). CODEXIS, INC. runs the higher net margin — 24.7% vs 7.4%, a 17.3% gap on every dollar of revenue. On growth, CODEXIS, INC. posted the faster year-over-year revenue change (81.3% vs -4.4%). Over the past eight quarters, CODEXIS, INC.'s revenue compounded faster (51.0% CAGR vs -0.9%).

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

Hackett Limited is a British multi-channel retailer of clothing for men and boys, with a broad range of apparel and accessories. It was founded in 1983 in London, England. As of June 2019, the company had 160 stores globally, with its flagship store at 14 Savile Row in London. It is owned by both Lebanese holding company M1 Group and American L Capital Asia

CDXS vs HCKT — Head-to-Head

Bigger by revenue
HCKT
HCKT
1.9× larger
HCKT
$75.8M
$38.9M
CDXS
Growing faster (revenue YoY)
CDXS
CDXS
+85.7% gap
CDXS
81.3%
-4.4%
HCKT
Higher net margin
CDXS
CDXS
17.3% more per $
CDXS
24.7%
7.4%
HCKT
Faster 2-yr revenue CAGR
CDXS
CDXS
Annualised
CDXS
51.0%
-0.9%
HCKT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CDXS
CDXS
HCKT
HCKT
Revenue
$38.9M
$75.8M
Net Profit
$9.6M
$5.6M
Gross Margin
94.8%
41.7%
Operating Margin
27.1%
12.0%
Net Margin
24.7%
7.4%
Revenue YoY
81.3%
-4.4%
Net Profit YoY
192.5%
56.9%
EPS (diluted)
$0.13
$0.20

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
HCKT
HCKT
Q4 25
$38.9M
$75.8M
Q3 25
$8.6M
$73.1M
Q2 25
$15.3M
$78.9M
Q1 25
$7.5M
$77.9M
Q4 24
$21.5M
$79.2M
Q3 24
$12.8M
$79.8M
Q2 24
$8.0M
$77.7M
Q1 24
$17.1M
$77.2M
Net Profit
CDXS
CDXS
HCKT
HCKT
Q4 25
$9.6M
$5.6M
Q3 25
$-19.6M
$2.5M
Q2 25
$-13.3M
$1.7M
Q1 25
$-20.7M
$3.1M
Q4 24
$-10.4M
$3.6M
Q3 24
$-20.6M
$8.6M
Q2 24
$-22.8M
$8.7M
Q1 24
$-11.5M
$8.7M
Gross Margin
CDXS
CDXS
HCKT
HCKT
Q4 25
94.8%
41.7%
Q3 25
71.3%
40.7%
Q2 25
86.3%
35.4%
Q1 25
63.8%
35.8%
Q4 24
83.0%
39.4%
Q3 24
66.4%
29.2%
Q2 24
56.6%
27.5%
Q1 24
71.6%
26.2%
Operating Margin
CDXS
CDXS
HCKT
HCKT
Q4 25
27.1%
12.0%
Q3 25
-220.3%
7.5%
Q2 25
-83.9%
5.8%
Q1 25
-271.6%
5.7%
Q4 24
-34.2%
9.8%
Q3 24
-129.0%
16.0%
Q2 24
-284.9%
16.1%
Q1 24
-69.6%
14.9%
Net Margin
CDXS
CDXS
HCKT
HCKT
Q4 25
24.7%
7.4%
Q3 25
-228.1%
3.5%
Q2 25
-86.6%
2.1%
Q1 25
-274.3%
4.0%
Q4 24
-48.4%
4.5%
Q3 24
-160.8%
10.8%
Q2 24
-285.2%
11.3%
Q1 24
-67.4%
11.3%
EPS (diluted)
CDXS
CDXS
HCKT
HCKT
Q4 25
$0.13
$0.20
Q3 25
$-0.22
$0.09
Q2 25
$-0.16
$0.06
Q1 25
$-0.25
$0.11
Q4 24
$-0.12
$0.11
Q3 24
$-0.29
$0.31
Q2 24
$-0.32
$0.31
Q1 24
$-0.16
$0.32

Balance Sheet & Financial Strength

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

Metric
CDXS
CDXS
HCKT
HCKT
Cash + ST InvestmentsLiquidity on hand
$78.2M
$18.2M
Total DebtLower is stronger
$40.1M
Stockholders' EquityBook value
$50.5M
$68.1M
Total Assets
$147.8M
$206.4M
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CDXS
CDXS
HCKT
HCKT
Q4 25
$78.2M
$18.2M
Q3 25
$58.7M
$13.9M
Q2 25
$66.3M
$10.1M
Q1 25
$59.8M
$9.2M
Q4 24
$73.5M
$16.4M
Q3 24
$90.3M
$10.0M
Q2 24
$73.2M
$19.1M
Q1 24
$85.5M
$13.0M
Total Debt
CDXS
CDXS
HCKT
HCKT
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
HCKT
HCKT
Q4 25
$50.5M
$68.1M
Q3 25
$38.5M
$101.6M
Q2 25
$55.6M
$119.8M
Q1 25
$49.6M
$114.4M
Q4 24
$66.9M
$115.6M
Q3 24
$73.4M
$110.9M
Q2 24
$61.4M
$102.2M
Q1 24
$79.3M
$93.5M
Total Assets
CDXS
CDXS
HCKT
HCKT
Q4 25
$147.8M
$206.4M
Q3 25
$124.0M
$200.7M
Q2 25
$138.2M
$200.5M
Q1 25
$128.9M
$191.8M
Q4 24
$149.0M
$193.3M
Q3 24
$148.2M
$190.8M
Q2 24
$132.0M
$187.5M
Q1 24
$149.6M
$179.3M
Debt / Equity
CDXS
CDXS
HCKT
HCKT
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
HCKT
HCKT
Operating Cash FlowLast quarter
$20.1M
$19.1M
Free Cash FlowOCF − Capex
$19.6M
FCF MarginFCF / Revenue
50.3%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
2.09×
3.41×
TTM Free Cash FlowTrailing 4 quarters
$-23.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CDXS
CDXS
HCKT
HCKT
Q4 25
$20.1M
$19.1M
Q3 25
$-7.7M
$11.4M
Q2 25
$-18.0M
$5.6M
Q1 25
$-13.8M
$4.2M
Q4 24
$-16.5M
$20.6M
Q3 24
$-13.0M
$10.6M
Q2 24
$-12.2M
$13.7M
Q1 24
$-7.8M
$2.8M
Free Cash Flow
CDXS
CDXS
HCKT
HCKT
Q4 25
$19.6M
Q3 25
$-7.9M
Q2 25
$-20.5M
$3.7M
Q1 25
$-15.1M
$2.6M
Q4 24
$-18.2M
$19.6M
Q3 24
$-14.0M
$9.3M
Q2 24
$-12.6M
$12.8M
Q1 24
$-8.9M
$1.8M
FCF Margin
CDXS
CDXS
HCKT
HCKT
Q4 25
50.3%
Q3 25
-91.7%
Q2 25
-133.6%
4.7%
Q1 25
-199.6%
3.4%
Q4 24
-85.0%
24.8%
Q3 24
-109.0%
11.7%
Q2 24
-157.5%
16.5%
Q1 24
-52.2%
2.4%
Capex Intensity
CDXS
CDXS
HCKT
HCKT
Q4 25
1.3%
Q3 25
2.1%
Q2 25
16.4%
2.4%
Q1 25
16.7%
2.0%
Q4 24
8.3%
1.3%
Q3 24
7.8%
1.5%
Q2 24
5.0%
1.1%
Q1 24
6.6%
1.2%
Cash Conversion
CDXS
CDXS
HCKT
HCKT
Q4 25
2.09×
3.41×
Q3 25
4.47×
Q2 25
3.40×
Q1 25
1.33×
Q4 24
5.79×
Q3 24
1.23×
Q2 24
1.57×
Q1 24
0.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CDXS
CDXS

Segment breakdown not available.

HCKT
HCKT

Global S And BT$39.1M52%
Sap Solutions$22.4M30%
Consulting And Software Support And Maintenance$14.3M19%

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