vs
Side-by-side financial comparison of CODEXIS, INC. (CDXS) and OP Bancorp (OPBK). Click either name above to swap in a different company.
CODEXIS, INC. is the larger business by last-quarter revenue ($38.9M vs $24.3M, roughly 1.6× OP Bancorp). On growth, CODEXIS, INC. posted the faster year-over-year revenue change (81.3% vs 13.7%). OP Bancorp produced more free cash flow last quarter ($23.4M vs $19.6M). Over the past eight quarters, CODEXIS, INC.'s revenue compounded faster (51.0% CAGR vs 11.4%).
Codexis, Inc. is a protein engineering company that develops enzymes for pharmaceutical, food and medical applications.
OP Bancorp is the bank holding company for Open Bank, a community-oriented commercial bank headquartered in California, United States. It provides a full range of banking solutions including deposit accounts, commercial real estate loans, small business financing, and consumer lending products, primarily catering to small and medium-sized enterprises, local immigrant communities, and retail clients across Southern California.
CDXS vs OPBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $38.9M | $24.3M |
| Net Profit | $9.6M | — |
| Gross Margin | 94.8% | — |
| Operating Margin | 27.1% | 39.2% |
| Net Margin | 24.7% | — |
| Revenue YoY | 81.3% | 13.7% |
| Net Profit YoY | 192.5% | — |
| EPS (diluted) | $0.13 | $0.48 |
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.
| Q4 25 | $38.9M | $24.3M | ||
| Q3 25 | $8.6M | $24.5M | ||
| Q2 25 | $15.3M | $23.7M | ||
| Q1 25 | $7.5M | $22.2M | ||
| Q4 24 | $21.5M | $21.3M | ||
| Q3 24 | $12.8M | $20.7M | ||
| Q2 24 | $8.0M | $20.4M | ||
| Q1 24 | $17.1M | $19.6M |
| Q4 25 | $9.6M | — | ||
| Q3 25 | $-19.6M | $6.7M | ||
| Q2 25 | $-13.3M | $6.3M | ||
| Q1 25 | $-20.7M | $5.6M | ||
| Q4 24 | $-10.4M | — | ||
| Q3 24 | $-20.6M | $5.4M | ||
| Q2 24 | $-22.8M | $5.4M | ||
| Q1 24 | $-11.5M | $5.2M |
| 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% | — |
| Q4 25 | 27.1% | 39.2% | ||
| Q3 25 | -220.3% | 39.5% | ||
| Q2 25 | -83.9% | 35.7% | ||
| Q1 25 | -271.6% | 34.6% | ||
| Q4 24 | -34.2% | 31.2% | ||
| Q3 24 | -129.0% | 36.5% | ||
| Q2 24 | -284.9% | 37.2% | ||
| Q1 24 | -69.6% | 37.1% |
| Q4 25 | 24.7% | — | ||
| Q3 25 | -228.1% | 27.4% | ||
| Q2 25 | -86.6% | 26.7% | ||
| Q1 25 | -274.3% | 25.0% | ||
| Q4 24 | -48.4% | — | ||
| Q3 24 | -160.8% | 26.2% | ||
| Q2 24 | -285.2% | 26.7% | ||
| Q1 24 | -67.4% | 26.7% |
| Q4 25 | $0.13 | $0.48 | ||
| Q3 25 | $-0.22 | $0.45 | ||
| Q2 25 | $-0.16 | $0.42 | ||
| Q1 25 | $-0.25 | $0.37 | ||
| Q4 24 | $-0.12 | $0.33 | ||
| Q3 24 | $-0.29 | $0.36 | ||
| Q2 24 | $-0.32 | $0.36 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $78.2M | $167.3M |
| Total DebtLower is stronger | $40.1M | — |
| Stockholders' EquityBook value | $50.5M | $227.9M |
| Total Assets | $147.8M | $2.7B |
| Debt / EquityLower = less leverage | 0.79× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $78.2M | $167.3M | ||
| Q3 25 | $58.7M | $166.7M | ||
| Q2 25 | $66.3M | $205.4M | ||
| Q1 25 | $59.8M | $198.9M | ||
| Q4 24 | $73.5M | $134.9M | ||
| Q3 24 | $90.3M | $166.8M | ||
| Q2 24 | $73.2M | $127.7M | ||
| Q1 24 | $85.5M | $139.2M |
| 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 | — |
| Q4 25 | $50.5M | $227.9M | ||
| Q3 25 | $38.5M | $221.5M | ||
| Q2 25 | $55.6M | $213.7M | ||
| Q1 25 | $49.6M | $210.1M | ||
| Q4 24 | $66.9M | $205.0M | ||
| Q3 24 | $73.4M | $203.6M | ||
| Q2 24 | $61.4M | $195.9M | ||
| Q1 24 | $79.3M | $194.7M |
| Q4 25 | $147.8M | $2.7B | ||
| Q3 25 | $124.0M | $2.6B | ||
| Q2 25 | $138.2M | $2.6B | ||
| Q1 25 | $128.9M | $2.5B | ||
| Q4 24 | $149.0M | $2.4B | ||
| Q3 24 | $148.2M | $2.4B | ||
| Q2 24 | $132.0M | $2.3B | ||
| Q1 24 | $149.6M | $2.2B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $20.1M | $26.2M |
| Free Cash FlowOCF − Capex | $19.6M | $23.4M |
| FCF MarginFCF / Revenue | 50.3% | 96.2% |
| Capex IntensityCapex / Revenue | 1.3% | 11.5% |
| Cash ConversionOCF / Net Profit | 2.09× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-23.8M | $43.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.1M | $26.2M | ||
| Q3 25 | $-7.7M | $23.9M | ||
| Q2 25 | $-18.0M | $-7.0M | ||
| Q1 25 | $-13.8M | $5.6M | ||
| Q4 24 | $-16.5M | $31.2M | ||
| Q3 24 | $-13.0M | $13.3M | ||
| Q2 24 | $-12.2M | $15.8M | ||
| Q1 24 | $-7.8M | $-3.2M |
| Q4 25 | $19.6M | $23.4M | ||
| Q3 25 | $-7.9M | $23.4M | ||
| Q2 25 | $-20.5M | $-7.7M | ||
| Q1 25 | $-15.1M | $4.2M | ||
| Q4 24 | $-18.2M | $29.7M | ||
| Q3 24 | $-14.0M | $12.8M | ||
| Q2 24 | $-12.6M | $15.7M | ||
| Q1 24 | $-8.9M | $-3.2M |
| Q4 25 | 50.3% | 96.2% | ||
| Q3 25 | -91.7% | 95.6% | ||
| Q2 25 | -133.6% | -32.5% | ||
| Q1 25 | -199.6% | 19.0% | ||
| Q4 24 | -85.0% | 139.0% | ||
| Q3 24 | -109.0% | 61.5% | ||
| Q2 24 | -157.5% | 77.0% | ||
| Q1 24 | -52.2% | -16.6% |
| Q4 25 | 1.3% | 11.5% | ||
| Q3 25 | 2.1% | 2.3% | ||
| Q2 25 | 16.4% | 3.0% | ||
| Q1 25 | 16.7% | 6.4% | ||
| Q4 24 | 8.3% | 7.3% | ||
| Q3 24 | 7.8% | 2.8% | ||
| Q2 24 | 5.0% | 0.4% | ||
| Q1 24 | 6.6% | 0.5% |
| Q4 25 | 2.09× | — | ||
| Q3 25 | — | 3.57× | ||
| Q2 25 | — | -1.10× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.45× | ||
| Q2 24 | — | 2.90× | ||
| Q1 24 | — | -0.60× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
