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Calix (CALX)

NYSE Information Technology Application Software S&P SmallCap 600
$30.60
-1.26 (-3.95%)
Close of Nov 06, 2026 · end-of-day data
Source: Calix's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$458.79M$510.37M$441.32M$424.33M$541.24M$679.39M$867.83M$1.04B$831.52M$1.00B
Cost of revenue$257.57M$337.48M$243.94M$236.41M$274.22M$322.81M$432.40M$521.28M$377.92M$431.69M
Gross profit$201.22M$172.89M$197.38M$187.93M$267.02M$356.59M$435.43M$518.32M$453.59M$568.32M
Research & development$106.87M$127.54M$89.96M$81.18M$85.26M$101.75M$131.99M$177.77M$179.87M$190.36M
Operating income-$28.12M-$81.56M-$18.51M-$15.40M$36.85M$73.94M$52.61M$25.59M-$43.03M$20.99M
Interest expense$585.00K—————————
Pre-tax income-$27.05M-$81.79M-$18.77M-$16.53M$34.28M$72.65M$54.04M$34.76M-$31.65M$34.17M
Income tax$347.00K$1.24M$530.00K$1.16M$800.00K-$165.72M$13.03M$5.43M-$1.90M$16.28M
Net income-$27.40M-$83.03M-$19.30M-$17.69M$33.48M$238.38M$41.01M$29.32M-$29.75M$17.88M
EBITDA-$19.80M-$70.56M-$9.33M-$5.08M$50.56M$88.95M$66.92M$42.22M-$23.48M$38.70M
EPS (basic)$-0.56$-1.66$-0.37$-0.32$0.57$3.77$0.63$0.44$-0.45$0.27
EPS (diluted)$-0.56$-1.66$-0.37$-0.32$0.54$3.51$0.60$0.42$-0.45$0.26
Diluted shares48.73M50.16M52.61M54.99M62.00M67.86M68.91M69.32M65.88M69.31M
Gross margin43.9%33.9%44.7%44.3%49.3%52.5%50.2%49.9%54.6%56.8%
Operating margin-6.1%-16.0%-4.2%-3.6%6.8%10.9%6.1%2.5%-5.2%2.1%
Net margin-6.0%-16.3%-4.4%-4.2%6.2%35.1%4.7%2.8%-3.6%1.8%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$50.36M$39.77M$49.65M$46.83M$80.81M$51.33M$79.07M$63.41M$43.16M$143.09M
Short-term investments$27.75M$0———————$245.02M
Receivables$51.34M$80.39M$67.03M$46.51M$69.42M$85.22M$93.80M$126.03M$79.32M$99.37M
Inventory$44.55M$31.53M$50.15M$40.15M$52.27M$88.88M$149.16M$132.99M$102.73M$133.74M
Total current assets$219.32M$162.46M$174.76M$143.82M$266.89M$409.25M$547.37M$597.96M$584.74M$691.55M
Goodwill$116.17M$116.17M$116.17M$116.17M$116.17M$116.17M$116.17M$116.17M$116.17M$116.17M
Total assets$355.48M$295.07M$317.08M$316.82M$427.35M$742.03M$884.84M$941.87M$939.27M$1.06B
Total current liabilities$121.40M$128.33M$143.68M$115.49M$101.04M$128.14M$165.42M$187.64M$131.14M$163.25M
Total liabilities$142.51M$150.11M$165.15M$162.79M$147.03M$173.60M$205.27M$222.88M$158.33M$199.30M
Shareholders' equity$212.96M$144.96M$151.93M$154.03M$280.32M$568.43M$679.57M$718.98M$780.94M$859.22M

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$24.42M-$62.77M$3.56M$4.65M$51.41M$56.79M$27.18M$56.25M$68.40M$134.95M
Capital expenditures$9.84M$8.03M$10.43M$13.35M$7.82M$10.46M$14.07M$17.86M$18.05M$19.43M
Free cash flow$14.58M-$70.80M-$6.87M-$8.70M$43.59M$46.33M$13.12M$38.40M$50.35M$115.52M
Investing cash flow$12.08M$19.73M-$76.00K-$13.35M-$60.80M-$110.66M-$24.08M-$6.25M-$109.53M-$6.37M
Financing cash flow-$9.24M$31.99M$7.49M$5.97M$42.15M$24.38M$25.06M-$65.93M$20.90M-$28.43M
Share buybacks$12.81M$0$0——$0$0$86.40M$10.70M$93.63M
Stock-based compensation$14.29M$12.37M$17.47M$11.18M$13.96M$24.23M$44.83M$62.77M$70.76M$87.93M
Depreciation & amortization$8.32M$10.99M$9.19M$10.32M$13.72M$15.01M$14.31M$16.63M$19.55M$17.71M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.