vs
Side-by-side financial comparison of CODEXIS, INC. (CDXS) and First Western Financial Inc (MYFW). Click either name above to swap in a different company.
CODEXIS, INC. is the larger business by last-quarter revenue ($38.9M vs $27.5M, roughly 1.4× First Western Financial Inc). Over the past eight quarters, CODEXIS, INC.'s revenue compounded faster (51.0% CAGR vs 10.0%).
Codexis, Inc. is a protein engineering company that develops enzymes for pharmaceutical, food and medical applications.
The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.
CDXS vs MYFW — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $38.9M | $27.5M |
| Net Profit | $9.6M | — |
| Gross Margin | 94.8% | — |
| Operating Margin | 27.1% | — |
| Net Margin | 24.7% | — |
| Revenue YoY | 81.3% | — |
| Net Profit YoY | 192.5% | — |
| EPS (diluted) | $0.13 | $0.63 |
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 | — | $27.5M | ||
| Q4 25 | $38.9M | $26.7M | ||
| Q3 25 | $8.6M | $26.3M | ||
| Q2 25 | $15.3M | $24.2M | ||
| Q1 25 | $7.5M | $24.8M | ||
| Q4 24 | $21.5M | $24.3M | ||
| Q3 24 | $12.8M | $22.5M | ||
| Q2 24 | $8.0M | $22.8M |
| Q1 26 | — | — | ||
| Q4 25 | $9.6M | $3.3M | ||
| Q3 25 | $-19.6M | $3.2M | ||
| Q2 25 | $-13.3M | $2.5M | ||
| Q1 25 | $-20.7M | $4.2M | ||
| Q4 24 | $-10.4M | $2.7M | ||
| Q3 24 | $-20.6M | $2.1M | ||
| Q2 24 | $-22.8M | $1.1M |
| 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% | 16.6% | ||
| Q3 25 | -220.3% | 15.1% | ||
| Q2 25 | -83.9% | 13.7% | ||
| Q1 25 | -271.6% | 21.6% | ||
| Q4 24 | -34.2% | 16.1% | ||
| Q3 24 | -129.0% | 11.9% | ||
| Q2 24 | -284.9% | 6.2% |
| Q1 26 | — | — | ||
| Q4 25 | 24.7% | 12.9% | ||
| Q3 25 | -228.1% | 12.1% | ||
| Q2 25 | -86.6% | 10.3% | ||
| Q1 25 | -274.3% | 16.9% | ||
| Q4 24 | -48.4% | 11.3% | ||
| Q3 24 | -160.8% | 9.5% | ||
| Q2 24 | -285.2% | 4.7% |
| Q1 26 | — | $0.63 | ||
| Q4 25 | $0.13 | $0.33 | ||
| Q3 25 | $-0.22 | $0.32 | ||
| Q2 25 | $-0.16 | $0.26 | ||
| Q1 25 | $-0.25 | $0.43 | ||
| Q4 24 | $-0.12 | $0.28 | ||
| Q3 24 | $-0.29 | $0.22 | ||
| Q2 24 | $-0.32 | $0.11 |
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 | $273.4M |
| Total Assets | $147.8M | $3.2B |
| 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 | $0 | ||
| Q3 24 | $28.6M | — | ||
| Q2 24 | $28.4M | — |
| Q1 26 | — | $273.4M | ||
| Q4 25 | $50.5M | $265.6M | ||
| Q3 25 | $38.5M | $261.5M | ||
| Q2 25 | $55.6M | $258.8M | ||
| Q1 25 | $49.6M | $256.6M | ||
| Q4 24 | $66.9M | $252.3M | ||
| Q3 24 | $73.4M | $248.8M | ||
| Q2 24 | $61.4M | $246.9M |
| Q1 26 | — | $3.2B | ||
| Q4 25 | $147.8M | $3.2B | ||
| Q3 25 | $124.0M | $3.2B | ||
| Q2 25 | $138.2M | $3.0B | ||
| Q1 25 | $128.9M | $2.9B | ||
| Q4 24 | $149.0M | $2.9B | ||
| Q3 24 | $148.2M | $2.9B | ||
| Q2 24 | $132.0M | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.79× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | 0.43× | 0.00× | ||
| 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 | $-1.8M | ||
| Q3 25 | $-7.7M | $10.0M | ||
| Q2 25 | $-18.0M | $-9.1M | ||
| Q1 25 | $-13.8M | $8.0M | ||
| Q4 24 | $-16.5M | $606.0K | ||
| Q3 24 | $-13.0M | $18.8M | ||
| Q2 24 | $-12.2M | $-11.5M |
| Q1 26 | — | — | ||
| Q4 25 | $19.6M | $-5.8M | ||
| Q3 25 | $-7.9M | $9.0M | ||
| Q2 25 | $-20.5M | $-9.7M | ||
| Q1 25 | $-15.1M | $7.0M | ||
| Q4 24 | $-18.2M | $-607.0K | ||
| Q3 24 | $-14.0M | $18.6M | ||
| Q2 24 | $-12.6M | $-11.9M |
| Q1 26 | — | — | ||
| Q4 25 | 50.3% | -21.6% | ||
| Q3 25 | -91.7% | 34.1% | ||
| Q2 25 | -133.6% | -39.9% | ||
| Q1 25 | -199.6% | 28.1% | ||
| Q4 24 | -85.0% | -2.5% | ||
| Q3 24 | -109.0% | 82.3% | ||
| Q2 24 | -157.5% | -52.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 14.9% | ||
| Q3 25 | 2.1% | 4.1% | ||
| Q2 25 | 16.4% | 2.4% | ||
| Q1 25 | 16.7% | 4.2% | ||
| Q4 24 | 8.3% | 5.0% | ||
| Q3 24 | 7.8% | 1.3% | ||
| Q2 24 | 5.0% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.09× | -0.54× | ||
| Q3 25 | — | 3.15× | ||
| Q2 25 | — | -3.63× | ||
| Q1 25 | — | 1.91× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 8.83× | ||
| Q2 24 | — | -10.68× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CDXS
Segment breakdown not available.
MYFW
| Net Interest Income | $20.9M | 76% |
| Noninterest Income | $6.7M | 24% |
