Every material Form 8-K Calix filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Calix, Inc. said its board appointed Chief Customer Officer John Durocher as chief operating officer, effective November 16, 2025. Jonathan Lindsell, currently senior vice president of Field and Success, takes over as chief customer officer and will report to Durocher.
Board appointed John Durocher, age 58, on November 13, 2025, effective November 16, 2025
Durocher has been Chief Customer Officer since joining Calix in March 2023, and previously served at Salesforce from 2006 to February 2023
Jonathan Lindsell named chief customer officer and will oversee the customer success function
Durocher's compensation is unchanged and continues under the existing executive compensation program in the March 27, 2025 proxy statement
Calix reported unaudited third-quarter 2025 results for the period ended September 27, 2025, with revenue of $265.4 million, up 10% from the prior quarter and 32% from a year earlier. GAAP net income was $15.7 million, compared with a net loss of $4.0 million a year earlier, and the company guided fourth-quarter revenue to $267 million to $273 million.
Q3 2025 revenue was $265.4 million, up 32% year over year, and GAAP net income was $15.7 million versus a $4.0 million net loss a year earlier.
Fourth-quarter 2025 revenue guidance is $267 million to $273 million; GAAP net income per diluted share guidance is $0.15 to $0.21.
Cash and investments were a record $339.6 million at quarter end, and remaining performance obligations rose 20% year over year to $354.6 million.
A conference call to discuss the results is scheduled for October 30, 2025, at 8:30 a.m. Eastern Time.
Calix reported unaudited second-quarter 2025 revenue of $241.9 million, up 10% from the prior quarter and 22% from a year earlier, above its prior guidance of $221.0 million to $227.0 million. GAAP results showed a net loss of $0.2 million, while non-GAAP net income per diluted share was $0.33, above the $0.18 to $0.24 guidance range. For shareholders, the filing also gives third-quarter 2025 guidance of $243 million to $249 million in revenue and non-GAAP net income per diluted share of $0.31 to $0.37.
Q2 2025 revenue was $241.9 million, versus prior non-GAAP guidance of $221.0 million to $227.0 million
GAAP net loss was $0.2 million, or $0.00 per diluted share; non-GAAP net income per diluted share was $0.33
Q3 2025 guidance: revenue $243 million to $249 million; non-GAAP net income per diluted share $0.31 to $0.37
Company repurchased 1.0 million shares in Q2 and ended the quarter with $299.0 million in cash and investments
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.
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.
Calix said on March 27, 2025 that it has nominated Michael Berry, former CFO of NetApp, for election to its board at the annual meeting on May 8, 2025, to fill the seat held by Ellie Fields. Fields chose not to stand for re-election and said the decision was not due to any disagreement with the company, and she plans to devote time to an AI startup. The filing is a board governance change with no reported financial results.
Michael Berry nominated March 21, 2025 as a Class III director with a term expiring at the 2028 annual meeting
Ellie Fields' term expires at the annual meeting scheduled for May 8, 2025
Berry would receive a $60,000 annual retainer plus $200,000 initial and $200,000 annual restricted stock awards
Calix reported fourth-quarter 2024 revenue of $206.1 million, up 2.6% from the prior quarter but down 22% from the year-ago quarter. The GAAP net loss was $17.9 million, or $0.27 per diluted share, compared with a $0.10 loss per share a year earlier. The company guided first-quarter 2025 revenue to $204 million to $210 million and non-GAAP earnings per diluted share to $0.10 to $0.16.
Q4 2024 revenue was $206.1 million, up 2.6% sequentially and down 22% from $264.7 million a year earlier.
GAAP net loss was $17.9 million, or $0.27 per diluted share; non-GAAP net income was $5.2 million, or $0.08 per diluted share.
First-quarter 2025 guidance: revenue of $204 million to $210 million and non-GAAP EPS of $0.10 to $0.16.
Remaining performance obligations rose 34% year over year to $325.8 million.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Calix filing is on SEC EDGAR ↗. 8-K briefs of other companies →