Calix Q1 revenue of $220.2 million beats guidance; GAAP net loss of $4.8 million
Calix reported first-quarter 2025 results, with revenue of $220.2 million, up 6.9% from the prior quarter but down 2.7% from a year earlier, and a GAAP net loss of $4.8 million compared with net income of $0.1 million a year earlier. Non-GAAP diluted EPS of $0.19 came in above the company's January guidance of $0.10 to $0.16, and the company guided second-quarter revenue to $221 million to $227 million.
Key points
- Q1 2025 revenue was $220.2 million, versus guidance of $204.0 million to $210.0 million and $226.3 million a year earlier.
- GAAP net loss was $4.8 million, or $0.07 per diluted share; non-GAAP diluted EPS was $0.19.
- Second-quarter 2025 guidance: revenue of $221 million to $227 million and non-GAAP diluted EPS of $0.18 to $0.24.
- The Board authorized an additional $100 million under the share repurchase program; $62.9 million remained available at quarter end.
The filing
Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 21, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.