Codexis vs Personalis
Codexis and Personalis are similar in size: $70.4m and $69.6m of revenue in their latest fiscal years. Codexis grew faster (18.6% against -17.7%). Codexis kept more of each dollar of sales as profit: a net margin of -62.5% against -116.7%. Personalis carries less debt relative to equity (0.0% against 83.4%).
| Latest fiscal year | CodexisCDXS, 2025 | PersonalisPSNL, 2025 |
|---|---|---|
| Revenue | $70.4m | $69.6m |
| Revenue growth | 18.6% | -17.7% |
| Net income | −$44.0m | −$81.3m |
| Operating margin | -59.3% | -126.4% |
| Net margin | -62.5% | -116.7% |
| Return on equity | -74.9% | -35.0% |
| Free cash flow | −$23.8m | −$79.5m |
| Cash | $50.8m | $124m |
| Total debt | $42.2m | $0 |
| Debt to equity | 83.4% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 146 | 260 |
| Market value | $97.3m | $1.68bn |
| Price vs our value range | — | — |
| Moat score | 23 (Weak) | 11 (Weak) |
| Insider trades, 12 months | 0 buys, 37 sales | 0 buys, 16 sales |