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

WIDEPOINT CORP is the larger business by last-quarter revenue ($42.3M vs $38.9M, roughly 1.1× CODEXIS, INC.). CODEXIS, INC. runs the higher net margin — 24.7% vs -2.0%, a 26.7% gap on every dollar of revenue. On growth, CODEXIS, INC. posted the faster year-over-year revenue change (81.3% vs 12.3%). CODEXIS, INC. produced more free cash flow last quarter ($19.6M vs $-270.0K). Over the past eight quarters, CODEXIS, INC.'s revenue compounded faster (51.0% CAGR vs 11.2%).

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

WidePoint Corporation is an American company based in Fairfax, Virginia that provides technology-based products and services to the government sector and commercial markets in the United States. The company holds a patent for a digital parsing tool that allows users to access accounts through a secure repository gateway, established using asymmetric authentication employed as public key infrastructure (PKI). WidePoint provides smart card identity verification, wireless expense management, pen...

CDXS vs WYY — Head-to-Head

Bigger by revenue
WYY
WYY
1.1× larger
WYY
$42.3M
$38.9M
CDXS
Growing faster (revenue YoY)
CDXS
CDXS
+69.1% gap
CDXS
81.3%
12.3%
WYY
Higher net margin
CDXS
CDXS
26.7% more per $
CDXS
24.7%
-2.0%
WYY
More free cash flow
CDXS
CDXS
$19.8M more FCF
CDXS
$19.6M
$-270.0K
WYY
Faster 2-yr revenue CAGR
CDXS
CDXS
Annualised
CDXS
51.0%
11.2%
WYY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CDXS
CDXS
WYY
WYY
Revenue
$38.9M
$42.3M
Net Profit
$9.6M
$-849.4K
Gross Margin
94.8%
13.8%
Operating Margin
27.1%
-1.9%
Net Margin
24.7%
-2.0%
Revenue YoY
81.3%
12.3%
Net Profit YoY
192.5%
-138.3%
EPS (diluted)
$0.13
$-0.08

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
WYY
WYY
Q4 25
$38.9M
$42.3M
Q3 25
$8.6M
$36.1M
Q2 25
$15.3M
$37.9M
Q1 25
$7.5M
$34.2M
Q4 24
$21.5M
$37.7M
Q3 24
$12.8M
$34.6M
Q2 24
$8.0M
$36.0M
Q1 24
$17.1M
$34.2M
Net Profit
CDXS
CDXS
WYY
WYY
Q4 25
$9.6M
$-849.4K
Q3 25
$-19.6M
$-559.2K
Q2 25
$-13.3M
$-618.5K
Q1 25
$-20.7M
$-724.1K
Q4 24
$-10.4M
$-356.4K
Q3 24
$-20.6M
$-425.2K
Q2 24
$-22.8M
$-499.6K
Q1 24
$-11.5M
$-653.1K
Gross Margin
CDXS
CDXS
WYY
WYY
Q4 25
94.8%
13.8%
Q3 25
71.3%
14.6%
Q2 25
86.3%
13.5%
Q1 25
63.8%
14.0%
Q4 24
83.0%
12.6%
Q3 24
66.4%
13.6%
Q2 24
56.6%
13.6%
Q1 24
71.6%
13.6%
Operating Margin
CDXS
CDXS
WYY
WYY
Q4 25
27.1%
-1.9%
Q3 25
-220.3%
-1.3%
Q2 25
-83.9%
-1.9%
Q1 25
-271.6%
-2.4%
Q4 24
-34.2%
-0.8%
Q3 24
-129.0%
-1.3%
Q2 24
-284.9%
-1.3%
Q1 24
-69.6%
-1.9%
Net Margin
CDXS
CDXS
WYY
WYY
Q4 25
24.7%
-2.0%
Q3 25
-228.1%
-1.5%
Q2 25
-86.6%
-1.6%
Q1 25
-274.3%
-2.1%
Q4 24
-48.4%
-0.9%
Q3 24
-160.8%
-1.2%
Q2 24
-285.2%
-1.4%
Q1 24
-67.4%
-1.9%
EPS (diluted)
CDXS
CDXS
WYY
WYY
Q4 25
$0.13
$-0.08
Q3 25
$-0.22
$-0.06
Q2 25
$-0.16
$-0.06
Q1 25
$-0.25
$-0.08
Q4 24
$-0.12
$-0.05
Q3 24
$-0.29
$-0.04
Q2 24
$-0.32
$-0.05
Q1 24
$-0.16
$-0.07

Balance Sheet & Financial Strength

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

Metric
CDXS
CDXS
WYY
WYY
Cash + ST InvestmentsLiquidity on hand
$78.2M
$9.8M
Total DebtLower is stronger
$40.1M
Stockholders' EquityBook value
$50.5M
$11.5M
Total Assets
$147.8M
$79.8M
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CDXS
CDXS
WYY
WYY
Q4 25
$78.2M
$9.8M
Q3 25
$58.7M
$12.1M
Q2 25
$66.3M
$6.8M
Q1 25
$59.8M
$3.7M
Q4 24
$73.5M
$6.8M
Q3 24
$90.3M
Q2 24
$73.2M
Q1 24
$85.5M
Total Debt
CDXS
CDXS
WYY
WYY
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
WYY
WYY
Q4 25
$50.5M
$11.5M
Q3 25
$38.5M
$12.2M
Q2 25
$55.6M
$12.6M
Q1 25
$49.6M
$13.0M
Q4 24
$66.9M
$13.6M
Q3 24
$73.4M
$13.8M
Q2 24
$61.4M
$14.0M
Q1 24
$79.3M
$14.2M
Total Assets
CDXS
CDXS
WYY
WYY
Q4 25
$147.8M
$79.8M
Q3 25
$124.0M
$70.6M
Q2 25
$138.2M
$76.6M
Q1 25
$128.9M
$71.4M
Q4 24
$149.0M
$71.6M
Q3 24
$148.2M
$56.9M
Q2 24
$132.0M
$58.6M
Q1 24
$149.6M
$54.4M
Debt / Equity
CDXS
CDXS
WYY
WYY
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
WYY
WYY
Operating Cash FlowLast quarter
$20.1M
$-173.5K
Free Cash FlowOCF − Capex
$19.6M
$-270.0K
FCF MarginFCF / Revenue
50.3%
-0.6%
Capex IntensityCapex / Revenue
1.3%
0.2%
Cash ConversionOCF / Net Profit
2.09×
TTM Free Cash FlowTrailing 4 quarters
$-23.8M
$5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CDXS
CDXS
WYY
WYY
Q4 25
$20.1M
$-173.5K
Q3 25
$-7.7M
$5.9M
Q2 25
$-18.0M
$3.2M
Q1 25
$-13.8M
$-3.2M
Q4 24
$-16.5M
$2.4M
Q3 24
$-13.0M
$1.9M
Q2 24
$-12.2M
$-1.1M
Q1 24
$-7.8M
$-1.6M
Free Cash Flow
CDXS
CDXS
WYY
WYY
Q4 25
$19.6M
$-270.0K
Q3 25
$-7.9M
$5.9M
Q2 25
$-20.5M
$3.1M
Q1 25
$-15.1M
$-3.3M
Q4 24
$-18.2M
$2.4M
Q3 24
$-14.0M
$1.8M
Q2 24
$-12.6M
$-1.1M
Q1 24
$-8.9M
$-1.6M
FCF Margin
CDXS
CDXS
WYY
WYY
Q4 25
50.3%
-0.6%
Q3 25
-91.7%
16.4%
Q2 25
-133.6%
8.1%
Q1 25
-199.6%
-9.5%
Q4 24
-85.0%
6.4%
Q3 24
-109.0%
5.3%
Q2 24
-157.5%
-3.0%
Q1 24
-52.2%
-4.6%
Capex Intensity
CDXS
CDXS
WYY
WYY
Q4 25
1.3%
0.2%
Q3 25
2.1%
0.1%
Q2 25
16.4%
0.2%
Q1 25
16.7%
0.1%
Q4 24
8.3%
0.1%
Q3 24
7.8%
0.2%
Q2 24
5.0%
0.0%
Q1 24
6.6%
0.0%
Cash Conversion
CDXS
CDXS
WYY
WYY
Q4 25
2.09×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CDXS
CDXS

Segment breakdown not available.

WYY
WYY

Carrier Services$26.8M63%
Managed Services$15.5M37%

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